Answer:
$18,200
Explanation:
The formula and the computation of the ending retained earnings balance is shown below:
Ending retained earnings balance = Beginning retained earning balance + service revenue - total expenses - dividend paid for the year
= $16,000 + $28,000 - $24,000 - $1,800
= $18,200
The service revenue minus total expenses are also known as net income
A simple goal nicole can do is save $50 per month. (200 divided by 4)
Answer: a. increase investment and real GDP, and decrease interest rates.
Explanation:
During an Open Market Purchase, the central bank of the country would be buying back securities from the public which means that it would be infusing money into the economic system.
With an increased amount of money in the economy, people will be able to save more which means that interests rate will drop because there are now more loanable funds. This drop in interest rates will encourage more companies and people to borrow cash for investment which will then lead to a higher GDP.
Answer:
independent contractors have taxes with held from every paycheck
Explanation:
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