Answer:
The correct answer is letter "D": Net pay because it takes into account any deductions to you income.
Explanation:
Individuals' budgets must be based on their <em>net income</em>. <em>Calculating their net income implies subtracting federal taxes from the gross income of employees' pay stubs</em>. The amount represents the money that will be sent to the workers' bank account or their checks which means that amount is what they will have in their pockets.
Answer:
6.4%
Explanation:
money invest = $1.50 or 1£
interest earned = 1£ x 5% = 0.05£
total returns = 1.05£
now we convert them back to dollars = 1.05£ x $1.52/£ = $1.596
effective yield = (total return - initial investment) / initial investment = ($1.596 - $1.50) / $1.50 = 6.4%
Answer: B. reduces reported net income of the period but does not involve an outflow of cash for that period.
Explanation:
Depreciation is the wear and tear of an asset due to the use of the asset. When an asset is depreciated, such an asset is eventually sold at a scrap value.
The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation reduces reported net income of the period but does not involve an outflow of cash for that period.
Answer:
C) i and ii
Explanation:
Price elastic of demand (PED) of kerosene = 2.2% / 10% = 0.22 price inelastic demand
When two products are substitutes, an increase in the price of one of the products will not only reduce the quantity demanded of that product, but it will also increase the quantity demanded of its substitute products. In this case, an increase in the price of electricity, increases the quantity demanded for kerosene, which means that they are both substitute products.
Answer:i dont answer
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