Answer:
D. 1.20.
Explanation:
300 dollars x 4 multiplier = 1,200 dollars in the economy.
There are 1,000 goods in the whole economy
1,200 dollar purchase 1,000 goods
on average: $1,200 / 1,000 units = $1.20/per unit
with 1.20 dollar you can purchase a single good
Notice: this means average is 1.20 dollars it do not implies all goods are worth 1.20 dollars
Answer:
A. Debit Income Summary $41,300; credit Expense accounts $41,300
Explanation:
At the end of the period, the revenue and expenses for the company are closed into the income summary account which in turn is closed into the retained earnings account.
For revenue, the entries are debit revenue and credit income summary with the revenue for the year. For expenses, credit expenses and debit income summary with the total expense for the year.
As such, given that Total revenues for the period are $58,200, total expenses are $41,300, and dividends are $10,200, the correct closing entry for the expense accounts is
Debit Income Summary $41,300
Credit Expense accounts $41,300
The joint federal and state
health insurance program for low-income persons in the United States is called
MEDICAID. Medicaid, helps with medical costs for those people with limited
resources and income. While Medicaid is jointly funded by both federal and
state governments, it is managed by the state governments.
Answer:
Sales prospecting is one of the most essential elements of the whole sales process.
Some tips are;
- Make LinkedIn Your Second Home
- Show’em What you Got For Them
- Tweak and Polish Your Profile
- Connect With Strategy
- Be more personal
