The following answers to the question
<h3>What is Equity?</h3>
Equity, or economic equality, is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.
<h3> INCOME STATEMENT</h3><h3>PARTICULARS AMOUNT$</h3>
Service Revenue 120,000
Less-Expenses
Supplies expense 600
Interest expense 900
Insurance expense 3800
Utilities expense 3300
Depreciation expense 12000
Wages expense 9500
Total expenses 30100
Net profit $89900
STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31 Amount$
Retained earnings December 31 prior year end 114,800
Add- Net income 89900
Less- Dividends 13,000
Retained earnings, December 31 Current year end $191700
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Claim: The difference between two rational numbers always is a rational number
Proof: You have a/b - c/d with a,b,c,d being integers and b,d not equal to 0.
Then:
a/b - c/d ----> ad/bd - bc/bd -----> (ad - bc)/bd
Since ad, bc, and bd are integers since integers are closed under the operation of multiplication and ad-bc is an integer since integers are closed under the operation of subtraction, then (ad-bc)/bd is a rational number since it is in the form of 1 integer divided by another and the denominator is not eqaul to 0 since b and d were not equal to 0. Thus a/b - c/d is a rational number.
The hourly rate of $7.59 per hour multiplied by hours gives the gross wages earned. If 10% are taken for taxes then 90% are take home wages.
(0.9)*(8 hr/day) * (7.59 $/hr ) = 54.65 $/day take home pay
Well if you have one that’s negative and one that’s positive, I’m guessing that you would add them. So 25+15 is 40. Also the distance will always be positive because it can only be that way. Otherwise we might have a singularly on our hands, heheh... So the distance is 40 between these 2 points.
Answer:
here you goooooooooooo!!!! lol