Answer:
The answer is $36,000.
Explanation:
If the average individual earns an annual salary of $60,000 and the government reduces all salaries and prices by 40%, then the salary of the average individual annualy decreases by $24,000 and comes down to $36,000 per year. But since the costs of services and prices of goods recude by 40% as well, it doesn't change the real salary.
I hope this answer helps.
Answer:
see below
Explanation:
By shares are sold ,the new shareholders become part owners in the company. They get rights to vote, and share in the profits of the business. The right to vote influences who becomes a member to the board of directors.
By shelling shares, the founders of business gives away their controlling rights. Investors may choose directors that oppose founders. In some circumstances, investors kicked out founders from the business.
Answer: $11.25
Explanation:
From the above question, The bank charges 1.5 percent per month and uses the average daily balance excluding new purchases method.
The average daily balance for the month excluding the new purchase is $750.
Therefore, the finance charge =
$750 x 1.5%
= $11.25
Answer:
do not Install guard rail because the guard rail cost exceed the expected benefits
Explanation:
given data
guard rail cost = $70,000
average damage = $10,000
guard rail prevent = 5 vehicles
to find out
What should the county do
solution
we know here guard rail cost is $70,000
but expected benefits = $10,000 × 5
expected benefits = $50,000
so we can say that do not Install guard rail because the guard rail cost exceed the expected benefits
Answer:
A. A balance sheet shows the total assets, liabilities, and owner's
equity at the end of the period
Explanation:
As we know that
The income statement recognized only the income earned and expenses incurred of an organization
While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity
So according to the given options, the option A is correct
hence, the rest of the options would be incorrect
