Answer:
$240,000
Explanation:
Let the net income be Y
Accounts payable decreased $21,000 - This will be subtracted from the net profit as a reduction in liability
Prepaid assets increased $15,000 - This will be subtracted from the net profit as an increase in assets
Depreciation expense was $27,000 - This will be added back to net profit as a non cash item
Accounts receivable decreased $21,000 - This will be add from the net profit as a reduction in assets
Loss on sale of a depreciable asset was $16,000 - This will be added back to net profit as a non cash item
Wages payable increased $10,000 - This will be added from the net profit as an increase in liability
Unearned revenue decreased $16,000 - This will be subtracted from the net profit as a reduction in liability
Patent amortization expense was $10,000 - This will be added back to net profit as a non cash item
As such
Y - 21000 - 15000 + 27000 + 21000 + 16000 +10000 - 16000 + 10000 = 272000
Y = 272000 + 21000 + 15000 - 27000 - 21000 - 16000 - 10000 + 16000 - 10000
Y = $240,000
Answer:
In that country, the productivity of the average worker
- C) increased by 6.25 percent between 1998 and 2008.
Which of the following statements best describes the scenario?
- A) This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons.
Explanation:
worker productivity in 1998 = 40 units / 25 hours = 1.6 units per hour
worker productivity in 2008 = 68 units / 40 hours = 1.7 units per hour
therefore, worker productivity increased by (1.7 - 1.6) / 1.6 = 0.0625 or 6.25%
Regarding the second question, this happens all the time. Politicians live in an alternate reality world, they choose to believe that their ideas are facts and that everyone else doesn't know better about any topic in the world. And this doesn't only happen to Trump, it happens everywhere and in every single country.
Answer:
Productivity rises more quickly when countries produce goods and services for which they have a natural talent.
Explanation:
This is the best option with the theory of comparative advantage states countries produce goods for which they have a lower opportunity cost. Having resources and talents lower the opportunities cost. When countries do this, it increases economic welfare for all.
Answer:
The correct answer is True.
Explanation:
A marketing strategy helps to create products and services with the best possibilities of obtaining benefits. This is because the marketing strategy begins with market research, taking into account the optimal target customer, what the competition is doing and what trends could be on the horizon.
Using this information, determine the benefit customers want, what they are willing to pay and how you can differentiate the product or service from the competition.
Answer:
The manufacturing sector will demand more labor, and the agricultural sector will demand less labor at the current wage.