Empowering employees means to provide the training, tools, resources, motivation, and encouragement you workers need to perform at an exceeding level. It is important because it help employees build confidence and a better working community.
Answer:
C. $3,685
Explanation:
Total dividends paid in first 4 years
= $2,410 + $0 + $1,570 + $1,060
= $5,040
Retained Earnings ending balance is the net of the total income earned over the years less the total dividend paid through the years.
Retained Earnings ending balance = Total income - total dividend paid
$9,700 = Total income - $5,040
Total Income = $9,700 + $5,040
= $14,740
Average annual amount of net income (loss) over the first four years for Aikman
= $14,740/4
= $3,685
Option C.
Answer: Greater the MPC
Explanation:
The Marginal Propensity to consume refers to how much Economic consumption increases or decreases due to a change in income.
The formula for MPC is;
= Change in Consumption/Change in Income.
Consumption is a major component of GDP so it has a direct influence on Economic output. In other words, the larger the level of consumption, the higher the higher the output.
As evident from the equation, if the change in consumption is higher than the change in income, the MPC will be larger. A larger MPC therefore corresponds to a higher Consumption.
If a higher Consumption leads to a larger output and a larger MPC corresponds to a higher Consumption then that means that a higher MPC leads to a larger output.
Answer: a. At the end of Year One, the company's liabilities are understated.
Explanation:
Under the Accrual basis of Accounting, revenue should be recorded for only jobs that have been completed. In other words, only earned revenue should be recorded. Revenue that has not been earned but yet received, is to be termed Deferred revenue and should be treated as a current liability.
In this scenario, there are steps that have not been completed so some of the revenue received should be termed deferred revenue. These should therefore be in current liabilities and because they were not, the liabilities for the end of year 1 will be understated.
Ill get banned if we write all that but i can make it on google slides
