Answer:
AI's gross income for 2019 using the cash basis of accounting is $345,200
Explanation:
The computation of the gross income using the cash basis of accounting is shown below:
= Cash received for medical services + advance payment received from a health maintenance organization (HMO)
= $334,200 + $11,000
= $345,200
The other items values are related to the accrual basis of accounting, So we do not consider in the computation part
Cause it was rotten sorry if i aint right
Answer:
A. Gross Domestic Product
Explanation:
The gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Gross domestic product can be calculated in 3 ways:
1. Expenditure approach
2. National output
3. National income
Expenditure approach = Consumption spending by households + Investment spending + Government Spending + Net Export
I hope my answer helps you
Answer:
Money is served three purposes- unit of account, store of value and medium of exchange
Explanation:
In this question, we are to identify the role money plays in each of the following parts of the story.
Money is used to measure the valueof good in money unit, so the values can be compared easily.
In the first case, Van is comparing between value of goods. the money serves as unit of account.
Money is used as medium of echange to avoid the difficulty arising out of goods to goods exchange.
In the second case, Van is exchanging $140 for the DVD, money is serving as medium of exchange.
Money also has store of value, it can be saved and exchanged for goods over time.
In third case, Van is saving money for future exchange, money is serving its store of value function.
A stock split divides a company's shares into more shares. This will lower the price of the stock and increase the number of shares available. For existing shareholders of shares in that company, this means receiving additional shares for each share they already hold.
A stock dividend is a dividend paid in the form of additional shares and a stock split is an allotment of shares issued in proportions determined by the company. A stock dividend allocates additional shares to shareholders, while a stock split divides the already issued shares in an agreed-upon ratio.
Learn more about stock here:brainly.com/question/25818989
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