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Anastaziya [24]
3 years ago
14

Salaries and Wages are the main sources of personal income.true or false

Business
1 answer:
Alexxx [7]3 years ago
7 0

Answer:

Hi, here you go this is the answer !!!

Explanation:

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Brief Exercise 17-09 Hinck Corporation reported net cash provided by operating activities of $361,200, net cash used by investin
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5 0
2 years ago
A retail outlet for calculators sells 700 calculators per year. it costs ​$2 to store one calculator for a year. to​ reorder, th
Marat540 [252]

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if Andre orders 500 boxes at a time his anual inventory cost with holding cost included should be $150,030.

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4 0
3 years ago
Read 2 more answers
Suppose that the equilibrium exchange rate (Euro/$) is .90 and the The Federal Reserve decides to fix the exchange rate at .70.
adoni [48]

Answer:

C. The Federal Reserve will need to have official reserves of euros to purchase dollars in the foreign exchange market.

Explanation:

Federal Reserve required to have a euros reserves as it can applied it also at the case when the exchange rate is move upward or downward

For the other things, the fed could restrict the supply with respect to the dollar in the foreign exchange market in order to get it stable that opposed with euro

Therefore the option c is correct

3 0
2 years ago
Henry and claudia can claim alyssa for which tax benefits
34kurt
Considering that Alyssa is their young daughter, United States has an  astounding number of tax credits and deductions that are geared towards taxpayers with children, they could claim: Credits, Deductions, exemption, Education Benefits, Education Deductions, and Education Credits, among others.
6 0
3 years ago
The journal entry to close the Fees Earned, $750, and Rent Revenue, $175, accounts during the year-end closing process would be:
Nataly [62]

Answer:

b. Dec. 31

Income Summary 925

Fees Earned 750

Rent Revenue 175

Explanation:

At the end of each accounting period, the elements of the income statements which are the revenues earned and the expenses incurred are usually closed to the income summary account.

The revenue earned which is normally a credit balance is closed by debiting the account and crediting the income summary. The expenses are closed by crediting the account and debiting the income summary.

Hence if Fees Earned, $750, and Rent Revenue, $175,

Total revenue = $750 + $175

= $925

6 0
3 years ago
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