If a shopkeeper starts to sell the new football, their weekly margins would be:
300 x 40 = $12,000
However, the sales of the lower cost footballs will decrease by:
100 x 20 = $2,000 every week
Hence, the total margin we can generate by selling every week by selling the new footballs is:
12,000-2,000 = $10,000
This means the shopkeeper should actually start selling new footballs since their shop will become more profitable
So the GDP is one of the primary indicators used to gauge the health of a country's economy.
It represents the total dollar value of all goods and services produced over a specific time period; you can think of it as the size of the economy.
SO with that, you can tell the economic health of an economy.
The correct answer is option (a) True
The statement is True From both a legal and ethical standpoint, you have an obligation to pay for credit purchases.
- Ethics can be characterized as a set of ethical standards or rules of conduct that give direction for our behavior when it influences others.
- Broadly recognized essential moral standards incorporate genuineness, reasonableness, constancy, and care and regard for others. Moral conduct takes after those standards and equalizations self-interest with both the coordinate and the backhanded results of that behavior for other people.
- Not as it were does unscrupulous behavior by people have genuine individual consequences—ranging from work misfortune and reputational harm to fines and indeed jail—but deceptive conduct from advertise members, speculation experts, and those who benefit financial specialists can harm financial specialist believe and subsequently impede the supportability of the worldwide capital markets as a entirety.
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Answer:
The answer is: A) Ordinary income of $45,000.
Explanation:
The $45,000 the lessor collected from the lessee (his tenant) should be included as ordinary income.
IRS Internal Revenue Code Section 10. b. 1. establishes that payments received by a lessor for the cancellation of a lease are considering ordinary income.
