Answer:
The higher the price, the higher the producer's profits. Your needs and wants are unlimited. If heavy competition for a product keeps its price low, businesses will be very motivated to offer the product for sale.
To remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.
This is because a process flow chart is a pictorial representation of how each step of a process will be carried out one after the other.
Each step is represented with the actions to be carried out, including the decision.
Usually, a process flow chart is depicted with a shape and line arrow to show the direction from one step to another.
Hence, in this case, it is concluded that to remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.
Learn more here: brainly.com/question/20304492
Given:
<span>$500,000 beg. balance in retained earnings.
</span>$200,000 <span>net income for the year
</span>$1,000,000 <span>sales revenue
</span>$100,000 <span>dividends declared and paid by year-end
Retained earning is the amount left from net income after dividends have been paid. In the given data, sales revenue is not included in the Retained earnings report. It is reflected in the Income statement which generates the Net income.
Retained Earnings, beg. balance 500,000
Add: Net Income for the year <u> 200,000</u>
Total 700,000
Less: Dividends declared and paid this year <u> (100,000)</u>
Retained Earnings, end balance 600,000
</span>
Answer:
38,000
explanation:
take 30,00+1,800(interest paid)=$38,000 (yearly payment)
