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Shalnov [3]
2 years ago
8

A person's labor income is equal to the __________ times __________. the return on savings that a person receives is referred to

as __________.
Business
1 answer:
GrogVix [38]2 years ago
6 0
A person's labor income:
WAGE RATE A PERSON EARNS times NUMBER OF HOURS A PERSON WORKS.

For example: $8 per hour ; 8 hours per day
labor income per day = 8 per hour * 8 hours per day = $64 per day.

ASSET INCOME is the return on savings that a person receives. Savings is an asset. The earnings generated from these savings are identified as asset income. 
 
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A merchandising company's sales budget indicates the following sales: January: $25,000; February: $30,000; March: $35,000. Sales
Svetradugi [14.3K]

Answer:

The total selling expenses for the quarter will be $25,800

Explanation:

The computation of the total selling expenses for the quarter is shown below:

= Salaries + commission + Advertising

where,

Salaries = Expected salaries × number of months in one quarter

             = $5,000 × $3

             = $15,000

Commission = (January sales +  February Sales + March Sales) × Commission percentage

= ($25,000 + $30,000 + $35,000) × 10%

= $9,000

And, the adverting equal to

= Expected advertising expenses × number of months in one quarter

= $600 × 3 months

= $1,800

Now put these values to the above formula

So, the value would be equal to

= $15,000 + $9,000 + $1,800

= $25,800

3 0
2 years ago
Which careers are best suited for someone with a bachelor's degree but not a master's degree? Check all that apply. Utilities Me
dexar [7]

Answer:

  • Tax Examiner
  • Equal Opportunity Representative

Explanation:

Usually tax examiners perform tasks like: reviewing tax returns, contacting taxpayers, verify data through audits, evaluation financial information, notifying taxpayers about overpayments or underpayments.

Equal opportunity representative main role is to monitor and evaluate compliance with equal opportunity laws, which means that they must investigate employment practices or alleged violations of the Equal Opportunity Act and other laws and regulations that prohibit work discrimination.

4 0
2 years ago
Division A reported income from operations of $975,000 and total service department charges of $675,000. As a result, a.consolid
alexgriva [62]

Answer:

c.income from operations before service department charges was $1,650,000

Explanation:

We can see from the information in the question, that income from operations and service department charges sum a total of $1,650,000

Gross income before service department charges = $975,000 + $675,000

                                                                                    = $1,650,000

8 0
2 years ago
Opportunity costs ______. are benefits that are given up when selecting one alternative over another are uncommon in decision ma
musickatia [10]

Answer: are benefits that are given up when selecting one alternative over another.

Explanation: When faced with the decision to make a choice between two probable options or the need to give up a certain amount of a product in other to increase production of another, the benefit or choice forgone by opting to go for an alternative is called opportunity cost. Put simply, the cost incurred or loss associated with giving up a certain investment for another.

Opportunity cost can be computed mathematically using the relation:

Opportunity cost = (Return on best forgone option - return on chosen alternative).

Opportunity cost is often considered in other to guide and weigh investment options.

7 0
2 years ago
Economists call pensions "defined benefits" plans, because:
xxMikexx [17]

Answer:

The correct answer is letter "B": pensions have traditionally been set as a fixed nominal dollar amount per year at retirement.

Explanation:

Pensions are retirement plans employees enroll during their working years. There are different types of pensions being the most common the <em>401(k), Individual Retirement Account (IRA), </em>and <em>Roth IRA</em> each one with particular features. What all of them have in common is that they allow retired individuals to receive a fixed stream of income per year after they officially stop working. Therefore, that is the reason why economists call pensions as "<em>defined benefits</em>" plans.

4 0
2 years ago
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