Answer:
$6,000
Explanation:
Data provided
Beginning credit balance = $26,000
Net loss = $12,000
Paid dividends = $8,000
The calculation of Retained Earnings account is given below:-
Retained Earnings = Beginning balance - Net loss - Dividend
= $26,000 - $12,000 - $8,000
= $26,000 - $20,000
= $6,000
So, for computing the retained earning we simply applied the above formula.
Answer:
increases
higher
more
lower
lower
Explanation:
If the money supply is increased. individuals would have more money and consumption would increase. Increase in consumption would lead to a rise in demand.
when demand exceeds supply, prices rise,
When there is a rise in price, it encourages producers to increase production in order to increase their profit margin.
In order to expand production, more factors of production would be needed. So, more labour would be hired. thus, unemployment would fall.
it can be seen that higher inflation lowers unemployment
Answer:
the answer is b) direct materials, direct labor, and manufacturing overhead.
Explanation:
direct materials - the materials and supplies used to create a product. (wood used to make a table)
direct labor- the labor and service implemented in the process of delivering finished goods. (hours spent on crafting the table)
manufacturing overhead- any indirect costs involved in the production of the product.
Making the business case is one of the biggest challenges when companies are committed to sustainability. As sustainability is the better because it takes the business in a long run.
<h3>What are the cause of
sustainability of business?</h3>
As the modern world, the risk of taking business in a long run becomes difficult because frequently change in technologies and trends of business.
Some challenges of sustainability are Loss of trust in the global corporation, Transparency is the new norm, Rapidly growing inequality, increased hazards and risks to business.
Thus, Making the business case is one of the biggest challenges
For more details about sustainability of business, click here:
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Answer:
$1,050
Explanation:
Value Added Approach to calculating the GDP avoids double counting by adding only the value addition of all firms in an economy to obtain the GDP. Value addition for each firm can be calculated by deducting the intermediate purchase of each firm from its intermediate sales as follows:
Firm X value addition = ($250 * 3) - $400 - $200 = $750 - $600 = $150
Firm Y value addition = ($250 * 4) - $250 - $250 = $1,000 - $500 = $500
Firm Z value addition = (500 * 2) - $100 - $500 = $1,000 - $600 = $400
Therefore, we have:
The economy's GDP = $150 + $500 + $400 = $1,050