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garik1379 [7]
2 years ago
6

There is no relationship between the level of education received and lifetime earnings.

Business
1 answer:
Mekhanik [1.2K]2 years ago
4 0

Answer: False

Explanation:

There is a relationship between the level of education that a person receives and the lifetime earnings. It should be noted that the more education that a person receives, the higher the lifetime earnings of such person will be.

For example, someone who has a doctorate degree is expected to have a higher lifetime earnings than someone who has a high school degree.

Therefore, based on the explanation given, the statement is false.

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Answer:

Acquisition cost.

Explanation:

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Acquisition cost is the cost incurred for obtaining a property or asset including shipping, installation, taxes, customer fees, and testing.

The total cost of acquisition is what will be recorded as the book value.

For example if a software is purchased for $200,000. Installation and training cost is $30,000, the book value recorded for the software will be $230,000.

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3 years ago
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The accountant for Mandarin Company is preparing the company's statement of cash flows for the fiscal year just ended. The follo
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Answer:

The amount of cash dividends paid that should be reported in the financing section of the statement of cash flows = $ 54,500

Explanation:

The amount of cash dividends paid that should be reported in the financing section of the statement of cash flows = $ 54,500

<u>Dividends  payable  a/c</u>

<u>Particulars           Amount                Particulars                    Amount</u>

                                                             Balance b/d                 $ 13,000

Dividend paid (Cash)  $ 54,500 Dividend declared            $57,000

Balance c/d               $ 15,500

                                     $ 70,000                                             $ 70,000

Therfore, The amount of cash dividends paid that should be reported in the financing section of the statement of cash flows = $ 54,500

8 0
3 years ago
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Inviting customers to write product review and recommendations

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What is a good website tutorial about 401k plans for participants<br> ?
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3 years ago
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The form of business organization where an entity is legally separate from its owners and issues shares of stock is a.
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Answer:

corporation

Explanation:

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