Answer:
2. social science concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity.
Explanation:
Economics is defined as a study of how a society uses its limited resources. It deals with consumption, distribution, and production of goods and services.
Economics tries to find ways that unlimited wants can be satisfied with limited resources. Theories postulated are focused on how to optimally use scarce resources for production of goods and services, how am individual or organisation can maximise it's utility of a product.
A part of an economy that is neither taxed, nor monitored by any form of government.
Something like that ^^
The act placing a fraud alert is an effective way of dealing with inaccuracies in a credit report because its encourages the lenders and creditors to take an extra steps to verify the credit-account holder before issuing credit.
<h3>What do we know as credit report?</h3>
Basically, a typical credit report refers to a statement that has important information about your credit activity and & credit situation such as loan paying history and the status of your credit accounts. Most people in the United States have more than one credit report
The purpose of placing fraud alerts on credit reports is explained as follows. When a fraud alert is placed, its can make it harder for someone to open unauthorized accounts in your name. Also, the action also encourages or requires lenders and creditors to take extra steps to verify your identity such as contacting one by phone before opening a new credit account in your name or making changes to existing accounts.
Read more about credit report
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Answer:
$99,200
Explanation:
Calculation to determine The effect of these events and transactions on 2020 income from continuing operations net of tax would be
Using this formula
Effect income from continuing operations net of tax=Strike loss amount-(Strike loss amount*Tax rate )
Let plug in the formula
Effect income from continuing operations net of tax=$124,000 - ($124,000 × .20)
Effect income from continuing operations net of tax=$124,000-$24,800
Effect income from continuing operations net of tax=$99,200
Therefore The effect of these events and transactions on 2020 income from continuing operations net of tax would be $99,200
Answer:
False
Explanation:
Retained earnings can be defined as the amount of money or income left after a firm or organization as paid out it dividends to their shareholders.
Retained earnings are also an organisation's profit which they retained or keep and this earning is reinvested for other purposes. Such purposes include: Future expansion of the the organization. Retained earnings are a form of liability to a firm.
Funds acquired by the firm through retained earnings (similar to their free cash flow), have cost attached to them. This is because the cost of retained earnings is equivalent to rate of return on re-investment of dividends of shareholders that is paid by the organization. Hence, retained earnings is equivalent to the cost of equity.
