Answer and Explanation:
1. Compensating differentials: Riley works a less risky job and is therefore paid less than his twin Rowland who drives Chemicals to and fro and is considered to do a more risky make job
2.talent/ability: Bert has a a natural talent and ability
3.Compensating differentials: Rosalie works harder than Henry and so earns more than him
4.Human Capital: Simon is paid more as he is considered to have more knowledge and experience. He is a masters degree while Denise has a bachelor's degree which is considered lower in valuing human capital in an organization.
5.Talent/ability:Bernice has a natural talent and ability
Answer:
Total indirect product costs $30,750
Explanation:
The indirect product costs refer to all the costs that are associated with the manufacturing overheads and can be calculated as follows:
Electricity used in the Factory $25,000
Factory foreperson salary $3,750
Maintenance of factory machinery $2,000
Total indirect product costs $30,750
Answer:
The statement of cash flows will show $1,200 outflow from operating activities.
The balance sheet will show $700 of prepaid insurance.
The income statement will show $500 of insurance expense.
Explanation:
The statement "Henry is not required to report the $12,000 alimony received as income and Charlotte cannot claim alimony paid as an adjustment to income " is True
Explanation:
Significant information provided - The divorce between Charlotte and Henry was finalized in January 2019 and split in 2018.
Charlotte paid $12000 for Henry's foodstuffs in 2019.
The review and conclusion of the study - In the case of the divorce finalized in 2019 or later, the food allowance is now no longer deducible and is not declared as wages by the beneficiary according to the U.S. Internal Revenue Service.
In that case, the $12000 under income received will not be declared by Henry and Charlotte is not entitled to claim alimony as a result of salary adjustment.
So, Option B is correct statement.
Answer:
The correct answer is mixed.
Explanation:
In a mixed economy, most economic decisions are resolved through the interaction of sellers and consumers in the market (supply and demand law). However, the State has an essential complementary role.
Therefore, in this mixed system, most decisions are made by private agents of the economy (households and businesses), who decide what, how and where to produce. But at the same time, the actions of the State are also present, covering market failures, such as providing the public with public goods or redistributing wealth through taxes and subsidies to establish a more equitable society.
