Answer:
C. $454,000.
Explanation:
We know that
The ending balance of retained earnings = Opening balance of retained earnings + net income - dividend paid
$375,000 = $0 + net income - $79,000
So, the net income would be
= $375,000 + $79,000
= $454,000
The ending balance of retained earnings - Opening balance of retained earnings is also known as increase in retained earning
The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.
<h3>What is unemployment rate?</h3>
The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.
The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.
Therefore, the unemployment rate is defined as the state of being unemployed.
Learn more about the unemployment rate, refer to:
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The SATA/600 standard is also know as SATAIII or <span>SATA 6Gb/s</span><span>.
SATA (Serial Advanced Technological Attachment) is a standard that is developed to connect any optical drivers or storage devices to the computer.
SATAIII is the third generation of SATA and can run at 6GB/s.</span>
Answer: Please refer to Explanation
Explanation:
M1 is the narrowest definition of money supply. It refers to the most liquid or instruments and includes actual currency as well as money in checking accounts.
M2 is the next type of of money. It includes EVERYTHING in M1 and then also includes savings deposits, time deposits, and money market funds.
Now,
Classifying the above will go as,
Gold - Neither M1 or M2
Traveler's check - M1 and M2
Balance in savings accounts - M2 only
Money market account balance - M2 only
Credit cards - Neither M1 or M2
Common stock - Neither M1 or M2
Certificates of deposit - M2 only
Currency - M1 and M2
Balance in Checking accounts - M1 and M2
It is worthy of note that there is no M1 only. This is because as stated in the definition, all M1s are in M2.
Answer:
$1 million
Explanation:
The computation of the grant revenue recognized in the fund financial statement is presented below;
Given that
The $2 million could be used for covering up the operating expense and $1 million could be used for purchasing an equipment
So as per the given situation, the $1 million should be recognized
Therefore the same should be considered