Answer: True
Explanation: The retained earnings are recorded after closing the accounts of the income statement, the surplus called profit or the missing called loss is transferred to equity through the non-distributed profit item.
This undistributed profit account also closes during the accounting period, to clarify how much was generated in a period, they are not like the balance sheet accounts that are cumulative.
Three equivalent ways to measure GDP are total production, total income, and total expenditure.
Answer:
D
Explanation:
Enterprise information technology is a type of information system designed to improve organizations structured interactions among their own employees and also with external customers,suppliers, government agencies, and other business partners. Three examples of enterprise information technology are transaction processing, enterprise, and interorganizational systems
Answer:
b. a discount.
Explanation:
A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called __a discount._______.
Answer:
The answer is below
Explanation:
Using an optimal choice model to find the value of F such that you are indifferent between joining and not joining.
Let N be the number of visits per year
1) N-number of visits per year 10N=5N+F
Given that 10N=5N+F
Hence F=5N
F = 5N
2) Therefore, Would I go to the pool more or fewer times than if i did not join?
Then, if F is fixed and I join the local Swimmng pool member, I would go more times.
