if the united states can produce more of both bread and milk than germany can, then:
Answers
If the United States can produce more of both bread and milk than Germany, it indicates that the United States has an absolute advantage in the production of these goods.
Having an absolute advantage means that a country can produce a higher quantity of a good using the same amount of resources or produce the same quantity of a good using fewer resources compared to another country. In this scenario, the United States can produce more bread and milk than Germany, suggesting that it is more efficient in utilizing its resources to produce these goods.
The United States' ability to produce more bread and milk can stem from various factors such as technological advancements, favorable climate conditions for agriculture, access to abundant resources, or more efficient production processes. This advantage allows the United States to potentially export these goods to Germany or other countries, contributing to its overall economic strength and competitiveness in the global market.
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Related Questions
Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?
Answers
Answer:
i would say that his prices were a little high and ask for 20% off if he cant give that off then i would just say okay. why? because that's the plight thing to do.
Explanation:
hope this help.
brainiest please
Answer:
I hope this helps :)
Explanation:
Well I feel like I would purchase the meat based on quality. Of course it's going to cost me more, but you can't go wrong with better product. If the other places are selling meat for less, but the quality is bad what's the point. I definatly would choose quality over quanity when it comes to the purchase of meat.
may use two car brand or two mobile phone brands) 26 (6 marks) A utility company will not use coal with us ir content of more than 2.25. What percent of coal is in this category given that the target sulfur value is 1.65 and the standard deviation is 0.617. If the target is changed to 1.45, how this will affect the percent or coal accepted by the utility company (fully show your calculations).
Answers
We must apply the idea of standard deviation and presume that the distribution of sulphur content follows a normal distribution in order to calculate the proportion of coal in the category with a sulphur level higher than 2.25.
Given:
Mean target sulphur value: 1.65
0.617 standard deviation
The following formula can be used to determine the z-score for a sulphur content of 2.25:
z = (X - μ) / σ
We may determine the relevant percentile for a z-score of 0.974 using a z-score table or calculator. The percentile shows the proportion of values in a normal distribution that fall below a particular point.
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If a homeowner can no longer pay the home loan, the lender will likely _____ on the property.
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If a homeowner can no longer pay the home loan, the lender will likely foreclose on the property.
When a homeowner is unable to make payments on their home loan, they may face foreclosure.
Foreclosure is a legal process in which a lender repossesses a property due to the borrower's failure to keep up with the payments. It's typically the last resort for lenders, but they may pursue foreclosure if the borrower has missed several payments and hasn't made any effort to work out a repayment plan with the lender.
Foreclosure can have serious consequences for homeowners, including the loss of their home and a significant hit to their credit score. The foreclosure process can vary depending on state laws, but it typically involves the lender initiating legal proceedings against the borrower and obtaining a court order to sell the property at auction. The proceeds from the sale are then used to pay off the outstanding mortgage balance, and any remaining proceeds are returned to the borrower. If there is a deficiency (the sale price is less than the amount owed), the borrower may still be responsible for paying the remaining balance.
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In what areas do federal agencies regulate to ensure safety and the general
wellness of US citizens?
a. Businesses
b. Environment
c. Products
d. All of the above
Answers
Answer:
d. All of the above
Explanation:
Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.
The areas of regulations include but are not limited to
Protecting consumers from undue exploitation by businesses, Encourage fair business competition Promote a healthy, safe work environment for employees Promote and sustain a clean environmentPrivate data protection and securitygive one example of economic activity and non economic activity
Answers
In factoring of accounts receivable the responsibility of collections belongs to the_________.
Question 32 options:
A)
The company which sold its A/R.
B)
The financial institution or a bank which provided the financing.
C)
It is the responsibility of the company which made the pledge.
D)
None of the above.
Answers
In factoring of accounts receivable, the responsibility of collections typically belongs to company that sold A/R, Option (a) is correct.
When a company engages in factoring, it sells its accounts receivable to a financial institution or a factoring company. While the financial institution or factoring company takes on the task of collecting the receivables, the ultimate responsibility for collections lies with the company that originally owned the accounts receivable.
This means that the company is responsible for ensuring that its customers make the payments on the outstanding invoices and may need to work closely with the factoring company to facilitate the collection process.
Therefore, the correct option is (a).
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The price elasticity of demand for tickets to local football games is estimated to be equal to 1.89. In order to boost total revenue from selling tickets, which action would an economist advise?
Answers
The price elasticity of demand for tickets to local football games is estimated to be equal to 1.89.
In order to boost total revenue from selling tickets, the economist would advise lowering the price. The fact that the price elasticity of demand for tickets to local football games is estimated to be equal to 1.89 means that when the price of tickets is reduced, demand for tickets will increase by more than the reduction in price.
This would lead to a net increase in revenue from selling tickets.
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Calculate the present value of the following bond. Only calculate one step at a time. SHOW YOUR WORK - [An 8%, 6-year semi-annual bond with a $10,000 par value and a 6% discount rate] a. b. C. Step 1: Present value of the Income Stream (coupons) Step 2: Present value of the Principal Step 3: Present value of the whole Bond
Answers
The present value of the bond is $9,654.72.
To calculate the present value of the bond, we need to calculate the present value of the income stream (coupons) and the present value of the principal separately, and then sum them to find the present value of the whole bond.
Present value of the Income Stream (coupons):
The bond has a 6-year term with semi-annual coupons, so there will be 12 coupon payments (6 years * 2). Each coupon payment is $10,000 * 8% / 2 = $400.
Using the present value of an ordinary annuity formula, with a discount rate of 6% and 12 periods, we can calculate the present value of the coupon stream:
PV of coupons = $400 * [1 - (1 + \(0.06)^(-12)]\) / 0.06 = $400 * 7.3601 = $2,944.04
Present value of the Principal:
The principal value of the bond is $10,000, which will be received at the end of the bond's term. Using the present value formula for a single payment, we can calculate the present value of the principal:
PV of principal = $10,000 / (1 + \(0.06)^(6*2)\) = $10,000 \(/ (1.06)^12 =\) $6,710.68
Present value of the whole Bond:
The present value of the whole bond is the sum of the present value of the income stream and the present value of the principal:
PV of bond = PV of coupons + PV of principal = $2,944.04 + $6,710.68 = $9,654.72
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True or False (PLEASE ANSWER QUICK)
Transactions that have cleared your bank account will appear on your bank statement.
Answers
Glen has taken his team through the marketing research process for their company and crunched the data to find the correlations of customer and product relationships. He is now ready to present his findings to management? After his analysis, what next step will the management team take?
Answers
After the analysis, the next step to be taken by Glen would be to work on the discovered research and take actions for enhance growth.
A research wing in any organization plays a crucial role as it helps to rediscover new ideas and correlations and also the analysis of data on several fronts can help in engaging greater results as output. The data can be presented in the form of presentations with real time analysis. This quantitative research can help in identification of bigger roles which the marketing team can play in increasing their profits. Market research is a systematic process of collecting, analyzing and interpreting information on the real time scale.
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Roxanne is writing an email rejecting a customer’s refund claim for a faulty kitchen blender. Which statement makes a good buffer for Roxanne’s email?
A. We regret that we are not able to offer a replacement.
B. We are glad to hear from a loyal customer.
C. We have considered your request about the kitchen blender.
D. We see that you have used the blender for nine months.
E. We hope to continue serving you in the future with the best products.
Answers
The statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.
What is an email?This is an electronic device, used for exchange of messages between a sender and a receiver. This device connects people together.
Hence, the statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.
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Please select the word from the list that best fits the definition Enjoy music in their free time
Answers
Answer:
Auditory Learners
Explanation:
I got it right on edge 2022.
create a performance objective (quantifiable element), market share, promotional effectiveness, Market penetration and Other Key performance indicators for the company "undercover colors"
Answers
Answer:
Explanation:
Performance Objective: Increase annual sales revenue by 15% compared to the previous year.
Key Performance Indicators (KPIs) for Undercover Colors:
1. Market Share: Increase market share in the nail polish industry by 5% within the next fiscal year.
2. Promotional Effectiveness: Achieve a promotional conversion rate of at least 10%, measured by the percentage of customers who make a purchase after engaging with promotional campaigns.
3. Market Penetration: Expand into new geographic markets and achieve a 10% increase in market penetration within the next two years.
4. Customer Satisfaction: Maintain a customer satisfaction rating of 4 out of 5, as measured by post-purchase surveys and feedback, indicating high levels of customer satisfaction with Undercover Colors' products and services.
5. Brand Awareness: Increase brand awareness by achieving a 20% increase in brand recognition, measured through market research surveys or brand recall studies.
6. Return on Marketing Investment (ROMI): Achieve a ROMI of at least 3:1, indicating that the revenue generated from marketing efforts is at least three times higher than the marketing costs incurred.
7. Online Sales Growth: Increase online sales by 25% within the next year, measured by the percentage increase in revenue generated from online channels.
8. Retail Distribution Expansion: Secure partnerships with at least 50 new retail locations within the next two years, increasing the availability and visibility of Undercover Colors' products in the market.
9. Social Media Engagement: Increase social media engagement by achieving a 20% growth in followers, likes, shares, and comments across major social media platforms, indicating higher levels of brand engagement and customer interaction.
10. Product Innovation: Introduce at least two new innovative nail polish products each year, measured by the number of new product launches that successfully gain market traction and contribute to sales growth.
These performance objectives and KPIs can help Undercover Colors track and assess its progress, identify areas for improvement, and drive growth in market share, customer satisfaction, brand awareness, and overall business performance.
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country a and country b produce the same consumption goods and capital goods and currently have identical production possibilities curves. they also have the same resources at present, and they have access to the same technology.
Answers
At present, neither country A nor country B has a comparative advantage in producing capital goods or consumption goods. However, in the next year, country B is likely to experience a larger outward shift in its production possibilities curve (PPC) compared to country A, assuming other factors remain constant.
Both country A and country B currently have identical production possibilities curves (PPCs), indicating that they can produce the same quantities of consumption goods and capital goods given their available resources and technology. Therefore, neither country has a comparative advantage in producing either capital goods or consumption goods. However, if country A has chosen to produce more consumption goods compared to country B, it suggests that country A is operating at a point inside its production possibilities curve, while country B is producing closer to its full potential. In this scenario, country B is likely to experience a larger outward shift in its PPC during the next year.
The larger outward shift of country B's PPC can be attributed to the fact that it has already been utilizing its resources more efficiently compared to country A. As a result, country B may have more room for growth and expansion in its production capacity, enabling it to experience a greater increase in the production of both capital goods and consumption goods. It's important to note that other factors, such as changes in resources, technology, or external shocks, can also influence the shifts in the PPCs of both countries. However, assuming these factors remain constant, country B would likely experience a larger outward shift in its PPC compared to country A.
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The complete question is; Country A and country B produce the same consumption goods and capital goods and currently have identical production possibilities curves. They also have the same resources at present, and they have access to the same technology.
a. At present, does either country have a comparative advantage in producing capital goods? Consumption goods?
b. Currently, country A has chosen to produce more consumption goods, compared with country B. Other things being equal, which country will experience the larger outward shift of its PPC during the next year?
a. They both have the same advantage.
b. B
Outline why it is important for a business owner to respond to technological and global issues when establishing a business?
Answers
Technology enables an increase in the efficiency of systems, products, and services. It helps track and streamline strategies, hold records go with the flow, and control contacts and employee records.
In reality, this expanded efficiency in operation enables lessened costs as well as allows the commercial enterprise to develop swiftly.
Technology has vital consequences on commercial enterprise operations. Irrespective of the scale of your business enterprise, technology has both tangible and intangible advantages that will help you make money and produce the results your customers demand. Technological infrastructure affects the subculture, performance, and relationships of a business.
The use of technology has made commercial enterprises and clients closer in many areas. E-mail and Social Media are getting used for answering queries related to products and services with clients. Giving customers all feasible methods to contact the agency is simple with the latest technology and packages over the internet.
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Management at Work Motivation Report Lizette is a manager at Starbucks. She recently received a special motivation report, but she isn't sure how to use the Information it contains. Can you help? Knowing that you are studying expectancy theory, Lizette wants you to read the motivation report and help her write an e-mail that will motivate her employee Juliet. Review what motivates employees at Starbucks by reading the "Motivation Report." In general, motivation at Starbucks is high. However, different employees are motivated by different things. In Lizette's department, Juliet is motivated by receiving recognition from her coworkers, Joe is motivated by money, and Tula is motivated by interesting work. Use your knowledge of expectancy theory to answer Lizette's questions. Hi Juliet, As you may know, Starbucks is in a battle with McDonald's to capture the early morning coffee customer. Last month, our location sold 180 lattes per day, while the McDonald's down the street sold 220. We need to beat McDonald's next month. Which of the following sentences should I use to increase Juliet's expectancy? a. Your ability to take time off will be limited during this transition Adopting the right attitude is the most important thing you can do to help with this effort. b. You and I will be having weekly meetings to come up with strategies to ensure an increase in latte sales. c. Adopting the right attitude is the most important thing you can do to help with this effort. d. You and I will be having weekly meetings to come up with strategies to ensure an increase in latte sales.
Answers
To increase Juliet's expectancy, Lizette should use sentence b: "You and I will be having weekly meetings to come up with strategies to ensure an increase in latte sales."
Sentence b: "You and I will be having weekly meetings to come up with strategies to ensure an increase in latte sales" is the most effective in increasing Juliet's expectancy. According to expectancy theory, individuals are motivated when they believe their efforts will lead to desired outcomes. By emphasizing collaboration and involvement in the decision-making process, Lizette demonstrates her support and belief in Juliet's abilities to contribute to the goal. This increases Juliet's expectancy, as she sees a direct connection between her actions and the desired outcome of surpassing McDonald's sales. It creates a sense of empowerment and ownership, motivating Juliet to actively engage and work towards achieving the goal.
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Muffy's Muffins had net income of $2,325. The firm retains 60 percent of net income. During the year, the company sold $295 in common stock. What was the cash flow to shareholders?
Answers
Answer:
The total cash flow to shareholders is $635.
Explanation:
The cash flow to shareholders can be determined by subtracting the new equity raised from the dividend paid.
Cash flow to stockholder = dividend paid - new equity raised
Here net income = $2,325
Retained income = 60%
So the dividend percentage =40%
Total dividend = 2325 × 40% = $930
New equity raised= $295
Thus, total cash flow to shareholders= $930 – 295 = $635
So The Link Is Block So I Can Get Any Info But If You Could Find Out For Me Thx
how much does a bottle of THC oil cost?
Answers
Answer:
An RSO type indica or sativa whole plant cannabis extract, will run between $25–$40 per gram or ml, if it’s sold in a syringe.
Tiana has strong communication skills, she is a hard worker, and she has a strong background in math and statistics. What can she do to strengthen her chances of securing a job as a market research analyst? A. She can improve her hard skills by working collaboratively with other people. B. She can improve her hard skills by learning software used by market research analysts. C. She can improve her soft skills by taking extra courses in computer science D. She can improve her soft skills by pursing a degree in statistics.
Answers
Answer:B
Explanation: just took the quiz
To strengthen her chances of securing a job as a market research analyst, she can improve her hard skills by learning software used by market research analysts.
What is market research analyst?Analysts of market research collect and examine consumer and competitor data. To determine the likelihood that a good or service will be purchased, market research experts examine customer preferences, economic conditions, and other variables.
They assist businesses in determining what goods consumers want, who will purchase them, and how much they will cost. Data will be gathered by a market research analyst utilizing a number of technique.
They might conduct focus groups to get feedback on a new product or conduct statistical analyses to learn more about consumer behavior and the state of the market.
The appropriate response is option B.
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what is a compounding period?
Answers
Answer:
Compounding periods are the time intervals between when interest is added to the account.
Explanation:
Interest can be compounded annually, semi-annually, quarterly, monthly, daily, continuously, or on any other basis.
In 20X8, the first year of its operation, Fruit Farm Ltd had an apple plantation with a fair value of $131324.
The plantation is intended to be used for more than 1 period, solely for the purpose of growing apples. The company has no intention to sell the plantation beyond incidental scrap sales.
Between May and October 20X8, a total of $738 was spent on fertiliser treatments.
During December 20X8, 120 kg of apples were harvested at a cost of $8937. The net market value of the apple harvested was $35095 and the estimated selling costs were $5018.
By 31 December 20X8, 80% of the harvested apples had been sold for $37134 and actual selling costs of $3195 has been incurred.
On 31 December 20X8, the fair value of Fruit Farm Ltd's plantation was $231635.
Fruit Farm Ltd has a December 31 financial year end, and it adopts fair value as the accounting policy for their property, plant and equipment assets.
Calculate the net profit/(loss) for the year's income statement.
The correct answer is 30279. I would like to know the calculation details
Answers
Based on the information, the net profit for the year's income statement for Fruit Farm Ltd is $124,575.
How to calculate the profitRevenue from sold apples: $37,134.
Less: Actual selling costs: $3,195.
Gross profit from apple sales: $37,134 - $3,195 = $33,939.
Fair value at the end of the year: $231,635.
Fair value at the beginning of the year: $131,324.
Change in fair value: $231,635 - $131,324 = $100,311.
Total expenses: Fertilizer treatments expenses: $738.
Cost of apples harvested: $8,937.
Net profit/(loss) for the year:
Gross profit from apple sales: $33,939.
Change in fair value of the apple plantation: $100,311.
Total expenses: $738 + $8,937 = $9,675.
Net profit/(loss) = Gross profit + Change in fair value - Total expenses
= $33,939 + $100,311 - $9,675
= $124,575.
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Secondary data consist of ________. A) data that is unreliable and unsuitable for the purpose of making marketing decisions B) information collected from conducting personal, in-depth interviews C) data that does not age D) information that already exists somewhere, having been collected for another purpose E) information collected for the specific purpose at hand
Answers
Answer: D) information that already exists somewhere, having been collected for another purpose.
Explanation:
Secondary data in a research is data that has already been collected by others and usually for the another purpose but can be used for the purpose at hand.
These other sources could be from the government or private institutions and individuals but when they are used in research they must be referenced so that viewers know where the information is from.
Secondary data is used in our daily lives. For instance, if you had a weather report and used data from the National Weather Service (NWS), that is secondary data being used.
How does marketing help your product or service
Answers
Answer:
Marketing informs your customers about the products or services you're offering them. Through marketing, the customers get to know about the value of the products, their usage and additional info that might be helpful to the customers. It creates brand awareness and makes the business stand out.
Explanation:
quick computing currently sells 19 million computer chips each year at a price of $23 per chip. it is about to introduce a new chip, and it forecasts annual sales of 13 million of these improved chips at a price of $36 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 3 million per year. the old chips cost $14 each to manufacture, and the new ones will cost $17 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip?
Answers
The proper cash flow to use for evaluating the present value of the introduction of the new chip is the net cash flow, which takes into account the changes in sales and costs associated with the new chip.
To calculate the net cash flow, we need to consider the changes in revenue and costs compared to the current situation. The revenue from the old chip will decrease by (19 million - 3 million) chips, multiplied by the price of $23 per chip. The revenue from the new chip will be the sales of 13 million chips multiplied by the price of $36 per chip. The total revenue change is the difference between these two amounts.
Next, we calculate the change in manufacturing costs. The old chip costs $14 each to manufacture, while the new chip will cost $17 each. The cost change is the difference between these two costs, multiplied by the number of new chips sold.
By subtracting the total cost change from the total revenue change, we obtain the net cash flow. This net cash flow represents the incremental cash inflow or outflow resulting from the introduction of the new chip and should be used to evaluate its present value.
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what is the answer to this question?
Answers
Answer:
I think it's c hope it help
Explanation:
c
rooney services company has 70 employees, 31 of whom are assigned to division a and 39 to division b. rooney incurred $420,700 of fringe benefits cost during year 2. required determine the amount of the fringe benefits cost to be allocated to division a and to division b.
Answers
A cost of $6010 per employee B a cost of $163310 $234390. Fringe benefits are any non-wage payments or benefits offered by employers to members of staff, such as public pensions, income schemes, overtime pay off.
including existence, medical, and income support training programmes.
Given that, the cost of perks and benefits over two years was $420,700, and 31 workers worked in division A.
39 personnel are employed in division B.
(a) Allocation rate: = Total cost to be assigned Cost driver = $420,700 70 = $6010 per employee.
(b) The cost allocated to A is calculated as follows: Division Allocation Rate Weight of Base (Number of Employees) = $ 6010 31 = $186310.
Cost allocated to B is calculated as follows: Division Allocation Rate Weight of Base (Number of Employees) = $6010 39 = $234390.
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Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to repetitively process transactions?
Accounts Clerk
Insurance Underwriters
Claims Clerk
Business Financial Manager
Answers
Answer:
B). Insurance Underwriter.
Explanation:
The job of 'Insurance Underwriter' would be the most appropriate career option for a person who possesses knowledge regarding the banking sector, as well as, credit organizations along with the potential to process transactions in repetition. In this job, he could use his knowledge for examining the data of the applicants and evaluate the risks associated in order to decide if the insurance is to be offered to them or not along with their necessary premiums and coverages in repetition. Thus, option B is the correct answer.
Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360. Cole discovers that he needs to do an additional $200 worth of work to make the cabinet worth $360 to potential buyers. He could also sell the cabinet now, without completing the additional work, for $100. What should Cole do
Answers
Answer:
Cole should complete the additional work and sell the cabinet for $360.
Explanation:
If Cole sells the cabinet now for $100 and taken into account that he has already spent $180, this means that:
$100-$180= -$80
He would be losing $80.
On the other side, if he completes the additional work, he would sell the cabinet $360. However, his expenses would be:
$180+$200= $380
Now, you have to subtract the costs from the selling price:
$360-$380= -$20
This means that he would lose $20.
According to that, Cole should complete the additional work because he would be lose less money.
New Agency Debby Just got a job as an assistant in a new federal agency called the Accounting Commission that was set up to regulate the accounting and auditing profession. The agency is headed by commissioners who serve for fixed terms and cannot be removed except for cause. Additionally, no more than a majority of the commissioners may be from the same political party. Her agency is getting ready to Issue rules. The enabling legislation that set up the Accounting Commission specified that the agency could make rules but said nothing about the form of the rules. Debby's boss, Blare, gave her some proposed rules and asked her to be sure that they were published and to take care of the next step in the approval process. Blalte also told her that at this point she was not very interested in hybrid rule making. After publication, What would be the next step in obtaining enactment of the proposed rules?
A. vote in the United States Congress
B. Approval by the US president through the stance of an active order
C. Apublic hearing
D. An opportunity for parties to be witten comments
E. Ang before medie lige IAL
Answers
Answer:
D. An opportunity for parties to be written comments
Explanation:
New agency is making some new rules for legislation. Blare, the boss of Debby gave her some of the proposed rules and asked her to publish them for the people and prepare for the next approval process.
So for the next step after Debby provides a public notice to its citizens is the opportunity for the common public and the interested parties to study the rules and sends their thoughts and comments on the rules made so that the agency can analyze those comments and consider the positive views in the rules and can also respond to their comments.
Thus the correct option is (D).
Undoubtedly Corp. operates under ideal conditions of certainty. It acquired its sole asset on January 1, 2019. The asset will yield $725 cash at the end of each year from 2019 to 2021, inclusive, after which it will have no market value and no disposal costs. The interest rate in the economy is 5 percent. Purchase of the asset was financed by the issuance of common shares. Undoubtedly Corp. will pay a dividend of $50 at the end of 2019 and 2020.
a. Prepare a balance sheet for Undoubtedly Corp. at the end of 2019 and an income statement for the year ended December 31, 2019.
Answers
Balance Sheet of Undoubtedly Corp. for the year ended 2019:Balance SheetUndoubtedly Corp. for the year ended December 31, 2019AssetsAmount ($)Cash725Accounts receivable—Inventory—Property, plant, and equipment—Goodwill—Total assets725Liabilities and EquityAmount ($)Accounts payable—Short-term notes payable.
It acquired its sole asset on January 1, 2019. The asset will yield $725 cash at the end of each year from 2019 to 2021, inclusive, after which it will have no market value and no disposal costs. The interest rate in the economy is 5 percent. it is important to note that the asset, a revenue-generating machine, will yield $725 cash at the end of each year from 2019 to 2021, inclusive, after which it will have no market value and no disposal costs. It is also given that Undoubtedly Corp.
To calculate the income statement for Undoubtedly Corp. for the year ended December 31, 2019, the revenue and expenses incurred by the business must be known. which is $725. The dividend payment is the only expense incurred by the business during the year, which is $50. Therefore, the net income for the year ended December 31, 2019, is $725 minus $50, which is equal to $675.
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