Variable cost does not include staff and management salaries.
There are two types of costs – fixed and variable costs. Fixed costs do not change with the increase or decrease in the quantity of goods produced by a firm. Examples include rent, taxes, mortgage, salaries, etc.
On the other hand, variable costs might increase or decrease based on the output achieved by a firm. Variable costs are quite unpredictable in nature. Examples include direct labor and packaging, commission, raw material, material handling and freight etc.
For a firm, the higher the variable cost, the lower is its profit margin.
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a research firm secured $2 million to evaluate the treatment of water in selected countries over the next three years. this is an example of a project. a) true b) false
Business proposals and grant applications are two examples of this kind of project proposal.The potential project sponsors assess the proposal and, if approved, give the required funding.
What might a project's start phase look like? Business proposals and grant applications are two examples of this kind of project proposal.The potential project sponsors assess the proposal and, if approved, give the required funding.When an application is approved, the project formally starts.The goal of a project plan is to successfully provide a solution to either an internal or external client.Examples of project deliverables include software programs, design documentation, and any other item specified in the project plan.A typical project deliverable is software products.The five phases of project management were created by the Project Management Institute (PMI), and they are conception and initiation, project planning, project execution, performance/monitoring, and project close.To learn more about project proposal refer
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Your company has five branch offices in five continents. You plan to connect each branch office to the closest azure region. All the branch offices will use virtual machines in the same region only. You need to design a virtual network infrastructure for the company. The solution must ensure that remote desktop connections to virtual machines can be protected by using azure bastion. What is the minimum number of virtual networks that must be included in the design?.
The minimum number of virtual networks that must be included in the design will depend on the company's specific requirements and constraints. However, in general, each virtual network can host multiple virtual machines and provides network security, access control, and communication between virtual machines.
In this case, since the company has five branch offices on five different continents and each branch office will only use virtual machines in the same region, it is likely that a separate virtual network will be required for each branch office. This will ensure that each branch office can have its own virtual network with its own virtual machines, security and access control. Additionally, the solution must ensure that remote desktop connections to virtual machines can be protected using Azure Bastion. This can be achieved by creating separate virtual networks or by integrating Azure Bastion with existing virtual network infrastructure.
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what is an enterprise resource planning (erp) system? select one.
In business, the word "enterprise resource planning" (ERP) corresponds to a class of software that is used to manage everyday tasks including accounting, procurement, project management, risk assessment, and compliance.
What is an ERP system's main function?By managing and optimizing resource consumption, an ERP system's primary goal is to boost organizational effectiveness.
What three characteristics define an ERP?The current study defines what may be regarded as an ERP by first identifying the three essential elements that make up a system of this kind—integration, flexibility, and transversality. Following that, a collection of metrics is offered to operationalize these three traits.
What benefit of the ERP is most notable?One of the key advantages of ERP is its capability to act as a trustworthy data hub. The visibility you need to make wiser decisions is provided by a central location where you can collect, store, and analyze data from all of your activities using an ERP system. This is also known as a single source of truth.
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use the above information to compute inventory turnover for year 3 and year 2, and its days' sales in inventory at december 31, year 3 and year 2. from year 2 to year 3, did palmer improve its (a) inventory turnover and (b) days' sales in inventory?
Cost of goods sold ($643, 825) $ 426, 650 $ 391, 300 Year 3 Year 2 Year 1
Calculate the days' sales in inventory on December 31, Year 3, and Year 2, and the inventory turnover for those years using the ending inventory values of 97,400, 87,750, and 92,500:
a) Year 2 Inventory Turnover and Days' Sales in Inventory at December 31, Year 2 Inventory Turnover = $426,650/($92,500+$87,750)/2 Days' Sales in Inventory = $426,650/$90,125
Inventory turnover is equal to 4.7.
Days' Sales in Inventory = 87750/ 426650 x 365
Inventory days' sales equal $87,750.
Inventory days sold equal 75.07 days.
b) Year 3's inventory turnover and its days' sales in inventory as of December 31.
Inventory turnover equals $643,825 / ($87,750 + $97,400) 2/$92,575
6.95 is the inventory turnover rate.
Days' sales in inventory = 97.400/643.825 x 365
Inventory days sold equal 55.22 days.
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A bond with a par value of $1000, makes semiannual coupon payments and has a coupon rate of 8.4%. how much is each coupon payment?
Answer: its that 1k or 100k i cant tell the different.
Explanation:
A subject is a passenger in a car involved in a motor vehicle crash. The subject sustained a broken wrist and mild concussion. The subject was treated and released from the emergency department. What should the investigator do when learning of the crash?
Both a broken wrist and a minor concussion were received by the individual. After receiving care, the patient left the emergency room. what the investigator should do after learning about the collision Report both a slight concussion and a broken wrist as unfavorable incidents.
An unexpected unpleasant event is what?An unpleasant incident can be either predicted or unexpected, whereas an unanticipated problem is by definition unexpected. Adverse events could or could not constitute unanticipated issues. Adverse events involve harm to participants; unexpected issues may increase the chance of harm even when no harm has actually happened.
What component of a clinical site inspection is this?According to ICH E6, a "audit" is a methodical, impartial review of trial-related actions and records. A Phase III research for an experimental medication to treat depression is being monitored at a particular site.
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D
Sasha has just gotten a new job in a nearby city. After comparison shopping, she found that renting a nice two-bedroom apartment would cost around $800 per month. Her utilities would cost about $150 per month.
Sasha has enough money saved for a down payment, and she found that she can buy a three-bedroom house or condo with a mortgage payment of $1,000 per month, including taxes and homeowner's insurance. Her utilities would cost about $200 per month.
What is the advantage of renting the apartment over buying a home? Check all that apply.
Repairs and maintenance costs are not Sasha’s responsibility.
Utilities, such as electricity and water, are included in Sasha's rent payment.
Sasha's up-front costs will be lower, allowing her to keep her savings.
Sasha's monthly costs will be lower.
Sasha will make money if the value of the apartment increases.
The advantage of renting the apartment over buying a home is:
Sasha's monthly costs will be lower.Sasha's up-front costs will be lower, allowing her to keep her savings.What is the meaning of rent?Rent is a payment made by a tenant to a landlord in exchange for the use of a property, such as an apartment or house. The tenant agrees to pay a specified amount of money each month, or on a specified date, for the right to live in or use the property for a certain period of time, usually specified in a lease or rental agreement.
Rent can include the cost of utilities and other services, such as maintenance and repairs, or these may be billed separately. The amount of rent is determined by factors such as the location, size, and condition of the property, as well as local market conditions and demand for rental properties.
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Answer:
its a, c, d
Explanation:
when an accountant examines a financial forecast that fails to disclose several significant assumptions used to prepare the forecast, the accountant should describe the assumptions in the accountant's report and issue:
When an accountant examines a financial forecast, it is important to ensure that all significant assumptions used to prepare the forecast are disclosed.
If these assumptions are not disclosed, the accountant should describe them in their report and issue a qualification to alert readers of the forecast. This is to ensure that readers are aware of the assumptions and the potential impacts they may have on the forecast.
Furthermore, the accountant should provide their opinion as to whether or not the assumptions are reasonable. This gives readers the ability to make an informed decision on the accuracy of the forecast. By having this information readily available, readers can make sound financial decisions.
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a country’s national competitive advantage and its attractiveness as a location for international business are most influenced by
the existence of a common religion. the presence of more than one language or culture. a well-developed education system the prevalence of communist ideals an emphasis on caste stratification
A country’s national competitive advantage and its attractiveness as a location for international business are most influenced by the presence of more than one language or culture. Option B.
There are many factors that contribute to a country’s national competitive advantage and attractiveness as a location for international business.
One of the most important is the presence of more than one language or culture.
Having multiple languages and cultures represented within a country brings a wealth of knowledge and experience to the table.
It allows for different perspectives on business opportunities and challenges, and creates an environment that is conducive to innovation.
Additionally, it gives businesses access to a wider pool of potential customers and employees.
In today’s global economy, being able to speak multiple languages and understand multiple cultures is an invaluable asset.
Countries with diverse linguistic and cultural makeup have a significant advantage over those who do not.
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large corporations collect vast amounts of information about their customers' shopping habits, including how, when, why, where, and what they buy, and then use that information to blank . multiple choice question. plan future products and services determine net profitability improve customer-to-customer marketing update human resources policies
Large corporations collect massive amounts of data about their customers' purchasing habits, including how, when, why, where, and what they buy, and then use that data to plan future products and services.
How customer's purchasing habit is related to business?Businesses can best market their products and services if they understand how buyers think, feel, and decide. This assists marketers in forecasting how their customers will behave, which aids in the marketing of existing products and services.The purchase of a particular brand on a regular basis is referred to as habit buying. Due to a lack of dissatisfaction, most consumers continue to purchase the same brand. In other words, it is not due to brand loyalty, but rather to the absence of product problems.Understanding consumer behavior is important for businesses because it can help them make better product and service decisions. Businesses can improve their offerings by understanding why people buy certain products and how they use them.To learn more about customer behavior refer to :
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barton industries has operating income for the year of $2,800,000 and a 25% tax rate. its total invested capital is $18,000,000 and its after-tax percentage cost of capital is 7%. what is the firm's eva? round your answer to the nearest dollar, if necessary.
Economic Value Added (EVA) is a measure of a company's financial performance that takes into account the cost of capital.
EVA = (Operating Income - (Total Invested Capital x Cost of Capital))
Plugging in the numbers:
EVA = $2,800,000 - ($18,000,000 x 7%)
EVA = $2,800,000 - $1,260,000
EVA = $1,540,000
So, the firm's Economic Value Added is $1,540,000.
What is EVA?
Economic value added, which is a component of fundamental analysis in corporate finance, is an estimation of a firm's economic profit, or the value generated above and above the needed return for the company's shareholders. Net income less the capital charge ($) for growing the company's capital equals EVA. It is believed that value is produced when the return on the economic capital used by the company outweighs the cost of that capital. By applying modifications to GAAP accounting, this sum may be calculated. Depending on the firm and its industry, over 160 modifications may be made, but in actuality, only a few significant ones are.
Economic Value Added (EVA) is a statistic for measuring financial performance that quantifies how much an organization's operational profit exceeds its cost of capital. It is computed as the difference between the firm's net operating profit after taxes (NOPAT) and cost of capital times the amount of invested capital. By accounting for both a company's earnings and the cost of the capital employed to produce those profits, EVA aims to give a clear picture of that company's financial performance. When the EVA is positive, the business is making more money than it costs to invest capital, whereas when it is negative, the converse is true.
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barton industries has operating income for the year of $2,800,000 and a 25% tax rate. its total invested capital is $18,000,000 and its after-tax percentage cost of capital is 7%. what is the firm's eva? round your answer to the nearest dollar, if necessary.
what is an interest-only loan? multiple choice question. it's a loan in which the borrower pays all of the interest owed when the bond matures. it's a loan in which the borrower pays both interest and principal periodically. it's a loan in which the borrower pays interest periodically and repays the principal when the bond matures. it's a loan in which the borrower never repays the principal.
Interest-only loan is, its a loan in which the borrower pays interest periodically and repays the principal when the bond matures.
What use does an interest-only loan serve?The benefits of an interest-only loan include: For some borrowers, interest-only loans may make financial sense because: Initial monthly payments are often less frequent: Your monthly payments are often cheaper than those for certain other loans because you are just paying interest for the first few years.In general, a buyer with excellent financial standing who intends to hold the home for a short period of time, such as five to ten years, is most suited for an interest-only mortgage.The payment will not include any principle repayment if the borrower chooses to choose the interest-only option each month while the loan is interest-only.To learn more about Interest-only loan refer to:
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what zion will experience when committing to his first career-oriented position in exchange for a flexible work environment and opportunities for training and growth is a(n)
A psychological contract is what zion will enter into when he accepts his first career-oriented job in return for a flexible work environment and chances for development.
What are the challenges faced by human resource management?A psychological contract is what zion will enter into when he accepts his first career-oriented job in return for a flexible work environment and chances for development.The tactical method for developing and assisting people and providing a positive work environment is known as human resource management.Across many organizations and industries, it performs a variety of tasks, but its common duties include hiring, paying and providing benefits, providing training and development, and managing employee relations.Talent management, pay and benefits, training and development, compliance, and workplace safety are the five key tasks that human resources manage.Finally, I would like to say that a career in human resources is quite promising and offers great opportunities for development.To learn more about human resource management refer
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a+price+elasticity+of+demand+of+-1.25+means+that+if+price+decreases+by+10%+the+quantity+demanded+will+by+%
A price elasticity of demand of -1.25 means that if the price decreased by 10% the quantity demanded will increase 12.5.
Price Elasticity of Demand:
Price elasticity of demand is a measure of changes in consumption of a product to changes in price.
Price elasticity of demand =
Percentage change in quantity demanded ÷ Percentage change in price
Economists use price elasticity to understand how supply and demand for a product change when prices change. increase. Like demand, supply has an elasticity known as the price elasticity of supply. Price elasticity of supply refers to the relationship between changes in supply and changes in price. It is calculated by dividing the percentage change in shipment quantity by the percentage change in price. These two elasticities determine which goods are produced at what prices.
Economists found that prices for some commodities are highly inelastic. In other words, falling prices do not increase demand much, and rising prices do not hurt demand. For example, gasoline has a low price elasticity of demand. Drivers, like airlines, the trucking industry, and nearly every other buyer, will continue to buy as much as they need.
Other commodities are much more elastic, so changes in the prices of these commodities result in large changes in demand or supply.
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several factors that are probably more important to an explanation of differential economic growth rates over time than culture include
Multiple Choice
religion. political systems. physical geography. gender regional affiliations.
Several factors that are probably more important to an explanation of differential economic growth rates over time than culture include physical geography. Option c.
There are several factors that are more important to an explanation of differential economic growth rates over time than culture, including physical geography.
Physical geography can have a major impact on a country's economy, by affecting things like trade routes, availability of resources, and climate. Trade routes can be influenced by things like mountains or oceans, which can make it difficult or impossible to transport goods to other areas.
Similarly, the availability of resources can be limited by a country's physical geography. For example, if a country is landlocked, it may have difficulty accessing ports and markets. Additionally, climate can also affect economic growth.
Countries with hot climates may not be able to grow certain crops or may have difficulty attracting tourists. All of these factors can have a significant impact on a country's economy and its growth rate.
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1. Alfred is single and fully supports his friend who lives in another state
2. Tedra has two dependent children. Her husband Fred died during the year.
3. James is single and supports his grandmother who lives with him
4. Archie has one dependent child. His wife died two years ago
Indicate the most beneficial filing status for the following taxpayers.
1)Single2) MFJ 3) HoH 4)Surviving Spouse.
A consumer is an individual or an entity that must pay taxes. The government may provide identity or reference numbers to people or businesses as modern taxpayers. The population of a nation is sometimes referred to as a "shareholder" since taxes are used to fund government programs and services. The money paid by citizens forms a component of the public money, which are made up of all the monies that the government invests or spends in order to meet current or future demands. Large businesses are also clients for taxes reasons, hence their income and expenses are taxable.
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CQ
Indicate the most beneficial filing status for the following taxpayers.
a. Alfred is single and fully supports his friend who lives in another state.
b. Tedra has two dependent children. Her husband Fred died during the year.
c. James is single and supports his grandmother who lives with him.
d. Archie has one dependent child. His wife died two years ago
Rapid Growth of Population
Increase in Incomes
Deficit Spending for Development
Increase in Money Supply
Inadequate Agricultural Output
Inadequate Industrial Production
High-priced Imports
These factors can affect a country's economic growth in the following ways:
Rapid population growth: A rapidly growing population can put pressure on resources and infrastructure, leading to inflation, unemployment and lower living standards, all of which can negatively impact economic growth.Increased Income: Increased income can lead to increased spending and consumer demand, driving economic growth. However, if income grows too fast, it can cause inflation and decreased purchasing power which can hinder economic growth.Deficit spending for development: Deficit spending, or government spending that exceeds revenue, can provide a short-term boost to the economy, but if it continues over the long term, it can lead to inflation and a loss of investor confidence, which negatively impacts economic growth.Increase in the Money Supply: An increase in the money supply can stimulate economic activity by making it easier for businesses and consumers to access credit and make purchases. However, if not managed properly, it can lead to inflation and decreased purchasing power, which can have a negative impact on economic growth.Insufficient Agricultural Yield: Insufficient agricultural output can lead to food shortages, increased food prices, and reduced purchasing power, all of which can negatively impact economic growth.Inadequate Industrial Production: Inadequate industrial production can lead to reduced competitiveness, decreased exports, and decreased economic growth.Economic growth refers to an increase in a country's ability to produce goods and services over time. It is measured by the change in a country's gross domestic product (GDP) over a period of time, usually from year to year. GDP is the sum of all goods and services produced within a country's borders, and it represents the value of the economy's output.
The question above is incomplete, the complete question is:
Explain about the factors that can affect a country's economic growth in the following ways:
Rapid Growth of Population
Increase in Incomes
Deficit Spending for Development
Increase in Money Supply
Inadequate Agricultural Output
Inadequate Industrial Production
High-priced Imports
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how do you find a user to send them funds using p2p?
By using a user's username, email address, or phone number, you can typically find other users. Depending on the provider you use, a P2P transfer can take anywhere from a few minutes to a few days to complete.
What is P2P transfer?P2P payments, also known as peer-to-peer transactions, allow you to send money directly to another person.
Users can send and receive money from their mobile devices using a linked bank account or credit card using P2P payment systems, commonly referred to as money transfer applications.
(Payments between peers) a method other than credit cards of sending money from one person to another The user's bank account is debited, and the recipient's account is credited.
Other users can usually be located by their username, email address, or phone number.
A P2P transfer can take anything from a few minutes to a few days to complete, depending on the service you use.
Therefore, by using a user's username, email address, or phone number, you can typically find other users. Depending on the provider you use, a P2P transfer can take anywhere from a few minutes to a few days to complete.
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Juanita has noticed that the price of bagels has gone up. Because of this, she has decided to buy a less expensive yogurt every morning for her breakfast. This is an example of the
Based on the statement above, The action that taken by Juanita is the example of C. substitution effect. That's because Juanita chose to buy other similar items.
The substitution effect generally can be defined as one component of the effect of a change in the price of a good upon the amount of that good demanded by a consumer, the other being the income effect In economics and particularly in consumer choice theory. There are several examples of substitution effect, such as Beef prices rise and consumers respond by purchasing more turkey or chicken, or also if the price of one things are increase, the customer choose to buys another common things.
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A financial institution sent messages about strong financial habits to two groups. Group a received the messages via email on a weekday morning. Group b received the messages via the bank's app when they signed in. What was the institution trying to determine with their a/b testing?.
Financial institutions are likely trying to determine the most effective way to communicate with their customers about strong financial habits. By sending messages to two different groups through different channels institutions can compare the responses and engagement of each group to determine which method is more effective in reaching and influencing customers.
Financial Institutions are business entities or institutions in the field of financial services that operate by providing financial service facilities, collecting funds from the public, and channeling them back to finance various financial activities that affect the course of the economy. This process of testing different versions of a product, service or marketing message with different customer segments is known as A/B testing. By conducting A/B testing, financial institutions can make data-driven decisions about how best to communicate with their customers and improve their overall experience.
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a budget says what will happen with your money, while a cash-flow statement shows what already happened.
The projection (estimate) of your revenue and expenses for a future time is what makes up a budget. A cash flow statement, on the other hand, provides a factual account of what transpired in your company within the same time period.
A government budget is a document created by the government and/or another political institution that details proposed spending and tax revenue estimates for the upcoming fiscal year. The budget is typically presented to the legislature in parliamentary systems, and it frequently needs their approval.
The three types of annual Government budgets based on estimates are Surplus Budget, Balanced Budget, and Deficit Budget.
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your friend jenny wants to use a robo-adviser to manage her portfolio. what does this mean? group of answer choices
A friend jenny wants to use a robo-adviser to manage her portfolio. It does mean her portfolio will be adjusted by a computer and software system based on her choices.
What is portfolio?A portfolio is a collection of examples of work that you are most proud of. It's usually in the form of a webpage. A portfolio is the person profile to attract the viewers.
Jenny, a friend, wants to manage her portfolio with the help of a robo-adviser. Her primary work is adjusted in the best way possible by a software and computer system to the well-occupation on the job.
As a result, the significance of the portfolio are the aforementioned.
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FILL IN THE BLANK. _____ may provide prepaid shipping labels for you to send in your used cartridges. select all that apply.
A corporate division may provide prepaid shipping labels for you to send in your used cartridges.
What is a corporate division?A corporate division, often referred to as a business division, is a distinct portion of a corporation that may carry out commercial operations either as a distinct corporate and legal entity operating under a different business name or under the same name and legal obligation.
Marketing, Finance, Operations Management, Human Resource, and IT are typical departments. Although there are many fewer departments inside independent enterprises, these five divisions reflect the key departments within a publicly traded company.
Business activities can be divided into three categories: operating, investing, and financing.
The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.
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Which of the following descriptions related to retail sales is true? a.) Includes growth of new stores in a chain and are conducted weekly b.) Excludes growth of new stores in a chain and are conducted yearly c.) Includes growth of new stores in a chain and are conducted yearly O d.) Excludes growth new stores in a chain and are conducted weekly
The correct answer to the given question about retail sales is option b) Excludes the growth of new stores in a chain and is conducted yearly.
In contrast to wholesale, which is the sale of goods and services to company or institutional clients, retail is the sale of goods and services to consumers. A retailer buys goods in bulk from producers, either directly or through a wholesaler, and then sells them to clients in smaller quantities for a profit. The chain of distribution connecting producers and consumers ends with retailers. Retail markets and stores have been around since the beginning of time. Itinerant peddlers were some of the oldest types of sellers. From being little more than "rude booths," retail outlets over time evolved into the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are extending their market reach through a variety of platforms.
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Which of the following is not one of the seven questions in the framework for ethical decision making?
A. Will an individual or an organization be harmed by any of the decision alternatives
B. Would someone I respect find any of the alternatives objectionable
C. At a gut level, am I comfortable with the decision I am about to make
D. Are any of the alternatives illegal
The correct response is A. Will an individual or an organization be harmed by any of the decision alternatives.
A group of people who cooperate is known as an organization. Examples of such groups include unions, corporations, charities, and neighbourhood associations. The term "organization" can be used to describe a person, a company, a group, or the process of creating something. As a result, "organization" continues to be correct in the United Kingdom as well as all of its former colonies and dependent nations where English is spoken, but "organization," with a Z, is exclusively correct in the United States. Consider these organizations as examples: Tata Motors, Goldman Sachs, Amazon, the Australian Government, the International Monetary Fund, Amnesty International, FIFA, and so forth.
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FILL IN THE BLANK Mortgage companies, and pawnshops operate in the_____ industry. a. wholesale O b. finance C. services d. retail e. manufacturing
b) finance. Mortgage companies and pawnshops operate in the finance industry.
The finance industry is a sector that provides various financial services, such as insurance, investment, and banking. Mortgage companies are financial institutions that offer loans for buying a home, and pawnshops are businesses that offer short-term loans using items of personal property as collateral. Both of these businesses are part of the finance industry because they provide financial services and deal with money and financial transactions. In the finance industry, companies aim to manage, grow, and protect their clients' money. They provide services that are designed to help people manage their financial lives and reach their financial goals. The finance industry is an essential part of the economy, as it provides the capital needed for investment in businesses, helps households manage their finances, and enables governments to borrow money to fund public services and infrastructure.
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The term learning organization is used to describe organizations in the educational and nonprofit industries. True/False
The statement "The term learning organization is used to describe organizations in the educational and nonprofit industries." is true because organizations in the educational and nonprofit industries are often referred to as learning organizations due to their focus on continuous learning and development.
A learning organization is an organization that continuously learns and adapts to its changing environment. It encourages employees to identify and capitalize on opportunities for learning, experimentation, and growth.
Learning organizations promote a culture of collaboration, innovation, and shared knowledge, which helps them stay competitive in a rapidly changing industry. They strive to understand their stakeholders and incorporate their feedback into their operations.
They also use technology to facilitate knowledge sharing, enhance employee engagement, and facilitate communication. Learning organizations are designed to be agile, flexible, and adaptive, allowing them to quickly adjust to changing customer needs and market trends.
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what is todays value of the bequest
The today's value of the bequest or the bequest value is depended upon the ecosystem and bio-diversity.
The bequest value or the value of the bequest according to the economics, is the value of the finalizing from the preserving the natural environment or the old or historic environment.
The basic purpose of the bequest value is to preserve the historic heritage or the old traditional heritage for the future generation.
The bequest value is also defined as the saves the products or property for the future generations. So, that they will take the advantage and used for their needs or purposes.
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whitt earned net income for 2020 of $125,000 and paid dividends of $18,000 during the year. for 2020, what is the balance in equity income on coldspring's books?
Whitt's balance in equity income on Coldspring's books for 2020 is $107,000.
Net income is the amount of money a company makes after deducting all expenses. In this case, Whitt earned $125,000 in net income for 2020. However, this amount does not represent the final balance in equity income on Coldspring's books.
Dividends are payments made by a company to its shareholders from its profits. In 2020, Whitt paid $18,000 in dividends, which means that this amount was taken out of its net income.
Therefore, to find the balance in equity income on Coldspring's books, we need to subtract the dividends paid from the net income. $125,000 (net income) - $18,000 (dividends) = $107,000. This means that the balance in equity income on Coldspring's books for 2020 is $107,000.
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What causes an increase in real GDP per capita?
Increases in the size of the workforce and that workforce's productivity are the two fundamental drivers of economic growth, respectively (output per hour worked).
Both can increase the size of the economy overall, but only strong productivity growth can increase GDP and income per capita. Real GDP includes adjustments for increases in inflation. This suggests that in an inflationary environment, real GDP will be lower than nominal GDP and vice versa. Without a real economic GDP correction, positive inflation results in a significant nominal GDP inflation. While an increase in real GDP unquestionably indicates increased output, an increase in nominal GDP may only indicate an increase in prices.
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