Answer:
$139,000
Explanation:
The computation of the retained earnings balance at December 31, 2019 is shown below:
= Beginning retained earning balance + depreciation charged yearly + net income - cash dividend paid
= $60,000 + $12,000 + $100,000 - $33,000
= $139,000
The depreciation in yearly is
= $1,000 × 12 months
= $12,000
Basically we applied the above formula to determine the ending balance
Therefore, the placement consultancy firm uses pay survey to gather information. A pay survey or as called as salary survey is normally conducted to measure the organizations compensation levels with respect to the external surroundings. This is an advantage which evidently describe the exact pay for each job and the pay scale of the organization is situated that results to qualified worth of all the other jobs that are recognized with respect to the benchmark job. This is led by a well-thought-out written questionnaire, telephone surveys, newspapers, consultancy firm, and pay checks websites like naukripaycheck and glassdoor can be sources of information as well.
Answer:
a. positive, so Joan considers hamburger to be an inferior good.
Explanation:
Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P
The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.
▲ Q = (60 -50/60) = 0,16
▲ Q = (40.000 - 30.000/40.000) = 0,25
Elasticity = ▲ Q / ▲ P = 0,16/0,25 = 0,64
Therefore, the elasticity is positive.
This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.
<h2>Jake should use multi-tasking skill.</h2>
Explanation:
An employee with multi-tasking skill grows well in an organization because he can handle multiple responsibilities and that is what the need of the hour.
Jake should also prioritize the work to do multi-tasking. According to the given situation.
1. Clarify the client first. Clients are king. They bring business.
2. Make the changes in the previous report. Because this is rework and better to complete it soon.
Below are fresh works.
3. Review the report written by the co-worker
4. Write your own report.
