A minimum wage can purpose advantage and disadvantage price-push inflation.elevating wages reduces expensive employee turnover and will increase productivity.
Elevating the federal minimal wage to an hour is a coverage purpose for many lawmakers. growing the minimal salary is expected to lift people out of poverty and enhance work ethic, however, it also comes with many feasible negative implications, which include inflation and a loss of jobs.Elevating the federal minimal wage may even stimulate customer spending, help corporations' bottom lines, and grow the financial system it might additionally raise the overall financial system by using producing extended patron demand.
Elevating wages reduces expensive employee turnover and will increase productivity. while the minimal salary is going up, employers can obtain such benefits without being positioned at a competitive disadvantage, because all groups of their field are required to do the identical.
A minimum wage can purpose price-push inflation. this is because corporations face an growth in charges that are in all likelihood to be passed on to clients. that is even more likely if wage differentials are maintained.
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Answer:
On an income statement, the company would declare c. $21,000 expenses
Explanation:
Wallace Enterprises received $30,000 from customers in exchange for providing electronic components. Income from the exchange was $30,000
During the second quarter of the year, total expense = supplies expense + interest expenses + wages expense = $5,000 + $1,000 + $15,000 = $21,000
Income from the exchange - total expense = $30,000 - $21,000 = $9,000>0
The company recognizes gain $9,000.
On an income statement, the company would declare $21,000 expenses
Answer:
uncollectible ammount expense 47,972 debit
allowance for doubtful account 47,972 credit
Explanation:
Fro mthe talbe we are given the amount of account over-time fro meach customer.
As we are presented with all date we should proceed directly with the journal entry:
the aging method stated an allowance of 60,727
the current balance is for <u> (12,755) </u>
the adjustment will be for: <em> 47,972 </em>
Answer:
False!
Explanation:
that's why they are different sizes, material, and weight!
Some american dollars are worth alot more than a dollar in say, mexico. Our resources are more valuable.
Glad I could help!
