0.71 points eBookPrintReferences Check my work Check My Work button is now enabledItem 2Item 2 0.71 points Kerianne paints lands
capes, and in late 2021 placed four paintings with a retail price of $300 each in the Holmstrom Gallery. Kerianne’s arrangement with Holmstrom is that Holmstrom will earn a 10% commission on paintings sold to gallery patrons. As of December 31, 2021, one painting had been sold by Holmstrom to gallery patrons. How much revenue with respect to these four paintings should Kerianne recognize in 2021?
Based on the information given we were told that Kerianne paints placed four paintings that include a retail price of the amount of $300 for each of the four paintings in the Holmstrom Gallery which simply means that the amount of revenue with respect to the four paintings that Kerianne paints will recognize in the year 2021 will be the amount of $300.
<em>The social and economic goals of CAPITALISM include private ownership of land and business.</em>
The <em>capitalism</em> is an economic and social system based on <em>private ownership</em> of the means of production, on the importance of capital as a generator of wealth and on the allocation of resources through the market mechanism.
Inferior goods are items purchased buy a consumer as a result of his limited income such that when that consumer's purchasing power increases, he purchases other commodities in place of the one initially purchased.
Hence the purchase more T-bone steak and less hamburger is an indication that hamburger is an inferior good to the consumer.
wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.
Based on the information provided within the question it can be said that the employee-friendly workplace culture is most likely to increase job satisfaction. This term refers to the level at which an individual is happy or content with the job that they are doing as well as what it represents to them. Therefore the information made available helps motivate the employees which increases their mood and contentedness with their job.
