Answer:
A. National income must equal domestic product.
True.
Explanation:
National Income is the total value of goods and services produced in a country during a financial period. It is total income from a country's economic activities.
Domestic product is monetary value of all economic activities of a country during a period.
National Income is sum of Investments, Savings, Government expenditures and net exports. National Income equals the domestic products of a country. The equation is as follows:
C + I + G + (X - IM) = DI + NT.
The statement given is true. Disposable income equals the saving plus consumption. The excess of disposable income which is not consumed is saved. Sum of saving and consumption must equal Disposable income in an economy.
Answer:
$995
Explanation:
Net income comprises of the dividends declared and the retained earnings. Dividends and retained earning are obtained from a company's net income. In other words, net come is retained earning plus dividends declared.
Interest paid is an expense that is factored when computing the net income. The common stock account does not relate to the net income.
For Maryland enterprises, net income will be dividend declared plus the change in retained earnings.
i.e., net income =$1,328 +(-333)
=$1,328-333
=$995
Answer:
Operating lease
Explanation:
An operating lease is basically a lease contract that allows the lessee to use the assets but it doesn't transfer any ownership rights. It is like renting a house, you can use it as long as pay the rent, but the house isn't yours. Operating leases are not included in the balance sheet, while financial leases are.
In this case, Star Company may use the copy machines but it must return them in three years.
Answer: The power of positive energy and motivation
Explanation: A positive energy can be defined as the group of characteristics that a individual desires in himself or herself like enthusiasm, optimism etc.
Motivation can be defined as the method by which an individual can be made to feel positive and be made to achieve his or her goal effectively .
.
In the given case Daisy indirectly made Derrick feel motivated by bringing positive energy through her encouraging conversation with him.
Answer:
120 months or 10 years earlier
Explanation:
The computation of the number of years early would pay off the loan is shown below:
By using the financial calculator
RATE = 4% ÷ 12
P V = $50,000
PMT= -$203.24 - $302.99
FV = 0
CPT N=120
Now for extra payment it would take 120 months
And without extra payment it would take
= 20 × 12
= 240 months
So either 120 months or 10 years earlier
