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3 years ago

Karl Marx's economic theories resulted in which global change?

1 answer:

8 0

Okay this question is a little tricky but I think the answer is B because he was one of the authors of the communist manifesto that states that the means of the production (Which is resources and the buildings that make the goods.) is Managed by the government. So that’s why I think it is B have a nice day :D

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The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and

Serggg [28]

Full question attached

Answer:

D. Earnings before interest and taxes(EBIT)

Explanation:

Earnings before interest and taxes abbreviated EBIT in the income statement is arrived at by deducting operating expenses from revenue/sales to get operating income. The operating income is earnings before interest and taxes which comes before gross income(subtract other expenses). Operating expenses are the main expenses concerned with operations of the business such as the Sales

6 0

3 years ago

Task 2: Record the listed transactions of Nikea Inc. for the first quarter (January to March) in

gavmur [86]

Answer and Explanation:

The journal entries are shown below:

a. Cash Dr $20,000

To Capital $20,000

(being the issuance of the capital stock is recorded)

b. Rent Dr $5,000

To cash $5,000

(being the rent paid is recorded)

c. Supplies dr $1,500

To Account payable $1,500

(being the supplies purchased on account is recorded)

d. Account payable Dr $1,000

To cash $1,000

(being the amount paid is recorded)

e. Cash Dr $25,000

To sales commission $25,000

(being the sales commission earned is recorded)

f. Automobile expense $4,500

To Cash $4,500

(being cash paid is recorded)

g. Office salaries Dr $8,000

To cash $8,000

(being cash paid is recorded)

h Supplies expense $1,500

To supplies $1,500

(being supplies expense is recorded)

g. Dividend payable $1,500

To Cash $1,500

(being dividend paid is recorded)

3 0

3 years ago

Rico does not work for Street Bikes Company, but wrongfully obtains inside information concerning the firm. Based on the informa

Juli2301 [7.4K]

Answer: The misappropriation theory

Explanation:

The misappropriation theory is basically describe about the various types of security fraud violation against the data source.

It is basically uses for the insider trading and when the individual person misusing the confidential data or information and also violating all the securities laws.

According to the question, the given argument is basically describe about the misappropriation theory.

Therefore, The misappropriation theory is the correct answer.

5 0

3 years ago

true or false? because trade raises the amount that an economy can produce by letting firms and workers play to their comparativ

Murrr4er [49]

False. As trade will also cause the average level of wages in an economy to rise and not fall.

<h3>The relationship between free trade and wages</h3>

Free trade results in an increase in all factor incomes, including wages, interest rates, profits, and rents, which raises GDP and makes more money available for company investment, which boosts global trade.

Trade will increase the average pay level in an economy because it increases the amount that an economy can produce by allowing businesses and workers to take use of their comparative advantages.

Therefore, employers will value employees who can create more, which will cause the demand for their labor to move to the right and raise earnings in the labor market. Contrarily, trade restrictions will cause an economy's average pay level to decline.

Learn more about trade from;

brainly.com/question/5719305

#SPJ1

4 0

2 years ago

Read 2 more answers

On December 1, Year 3 Walton Company paid $3,600 cash for office space to be used during the coming year. This event is_________

Alex787 [66]

Answer:

christmas party

Explanation:

3 0

3 years ago