For each of the scenarios, identify the type of income earned based on the categories of income approach.

a. Anita House bought a duplex to earn additional income.
b. Mos Quito works as an exterminator for Bugs B Dead, Inc.
c. Exterminators Plus is an owner‑operated business.
d. Noah Count, Inc., collects $2,000 in sales tax every month.
e. Noah Count, Inc., recently paid out dividends to stockholders
f. Bugs B Dead, Inc., pays its mortgage promptly every month.

WORD BANK
corporate profits
proprietor's income
miscellaneous adjustments
rental income
net interest
compensation of employees

Answers

Answer 1

Answer:

a. rental income

b. compensation of employees

c. proprietor's income

d. miscellaneous adjustments

e. corporate profits

f. net interest

Explanation:

Rental income: By renting out part of her duplex, Anita House earns rental income.

Compensation of employees: The income earned by Mos Quito falls under the compensation of employees (i.e., employee income) category because it is a wage.

Proprietor's income: Exterminators Plus is an owner‑operated business. The income earned is proprietor's income for labor, capital, and profit.

Miscellaneous adjustments: This category is for money collected by firms but not earned by them, such as sales taxes paid by consumers. Firms collect the tax money and send it  to the government.

Corporate profits: Noah Count, Inc., is a corporation that earns corporate profits, some of which are paid out as dividends to its owners, the stockholders. Bugs B Dead, Inc., is a family‑owned corporation. Even though it is small corporation, the income (i.e., profits) earned by Bugs B Dead, Inc. is still counted in the corporate profits category.

Net interest: Bugs B Dead, Inc. is a corporation, which is a type of business. The interest that Bugs B Dead, Inc. pays on its short‑term loan is counted as net interest.

Answer 2

a. rental income

b. compensation of employees

c. proprietor's income

d. miscellaneous adjustments

e. corporate profits

f. net interest

Hence, All are the correct answers.

What is Income?

Income is the consumption and saving opportunity gained by entity within a specified time frame, that is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across others fields.

Rental income: By renting out part of duplex, Anita House earns rental income.

Compensation of employees: The income earned by Mos Quito falls under the compensation of the employees category because it is a wage.

Proprietor's income: Exterminators Plus is an owner‑operated business. The income earned is proprietor's income for labor, capital, and the profit.

Miscellaneous adjustments: This category is for money collected by organizations but not earned by them, such as sales taxes paid by consumers. Organizations collect the tax money and send it  to the government.

Corporate profits: Noah Count, Inc., is a corporation that earns corporate the profits, some of which are paid out as dividends to firms  owners, the stockholders. Bugs B Dead, Inc., is a family‑owned a corporation. Even though it is small corporation, the income earned by Bugs B Dead, Inc. is still counted in the corporate profits category.

Net interest: Bugs B Dead, Inc. is a corporation, which is a type of  the business. The interest that the   bugs B Dead, Inc. pays on its short‑term loan is counted as net interest.

Learn more about Income here:

https://brainly.com/question/2386757

#SPJ2


Related Questions

Why is Mexico a country?

Answers

Answer:

Mexico is a country of southern North America.

Explanation:

Mexico is for Latin Americans and it is very historical

Which of the following was permitted by the Articles of Confederation but denied by the United States
Constitution?

Answers

States are denied certain powers under the Articles of Confederation. States may not send ambassadors to foreign countries, receive foreign ambassadors, or make any kind of arrangement, meeting or treaty with any king, prince or state. Not any person or state may accept any gift, including titles of nobility, from a foreign state.

What is the benefit in reaching the absolute advantage in the production of one good?
to produce more units of a good than other countries
• to produce fewer units of a good than other countries
® to produce more units of a good while usina fewer resources
® to produce fewer units of a good while using fewer resources

Answers

® to produce more units of a good while using fewer resources

Comparing the costs in time and resources with the benefits is an important step in

implementing a program that has become law
reducing funding from a local or state budget
deciding whether to add a new public official
analyzing the effectiveness of a public policy

Answers

The comparison of costs in time and benefits from the resources is considered an important step in reducing funding by preparing a local or state budget.

What is a budget?

A budget is a forecasted plan of revenues and expenses. There are various types of budgets like master budget, material budget, expenses budget, etc.

Budgeting is the process that helps the government to reduce its spending and minimize costs with the creation of revenues. A budget enables them to identify where to spend more and where to spend less. It also helps in analyzing where to save money. It helps the government to allocate the funds in the right direction which could reduce the funding and increase the revenues.

Therefore, the reduction in funds can be done by having a planned budget which is an important step in comparing costs and having benefits.

Learn more about the budgeting in the related link:

https://brainly.com/question/18803390

#SPJ1

Answer:

Reducing funding from a local or state budget

Explanation:

What are TWO major contributing factors to deforestation in Africa?
A. hazardous waste spills
B.
infrastructure projects
C.
commercial logging
D.
traffic congestion
E.
household dumping

Answers

Answer:

C. commercial logging and B. infrastructure projects

Wind is a renewable energy resource and there are no fuel costs.


T OR F


NO LINKS

Answers

Answer:

I think it's T

because it's a renewable energy resources indeed.

Which of the following is not an important use of writing?

A) It allows information to be passed from generation to generation.
B) It allows information to be spread across great distances.
C) It enables people to read literature.
D) It helps people to speak more clearly.

Answers

Answer a bc its not relavant

Answer:

A) It allows information to be passed from generation to generation.

if it is not the second one it could be it

D) It helps people to speak more clearly.

Hope this Helps

what are the 4 main structures of the senate?

Answers

I’ll give you all that I know

Censure.
Contested Senate Elections.
Declarations of War.
Expulsion.
Filibusters and Cloture.
Impeachment.
Investigations.
Nominations.

17) Prior to the Industrial Revolution, industry was
A) clustered.
B) concentrated.
C) dispersed.
D) randomly distributed.
E) located in colonies.

Answers

it’s B) Concentrated

Table 1 shows the financial position of Bank Uno once $ 4691.00 has been deposited.

Assume that the required reserve ratio is 7.00 %, that banks do not keep excess reserves, and that all the money loaned out from Bank Uno is deposited into Bank Duo (whose loans go to other banks not shown here).

Once the lending and depositing process is complete, what will the accounts look like in Tables 2 and 3? Specify all answers to two decimal places.

What are Bank Uno's deposits in Table 2?
$___________
What are Bank Uno's reserves in Table 2?
$___________
What are Bank Duo's loans in Table 3?
$___________
What are Bank Uno's loans in Table 2?
$___________

Answers

What are Bank Uno's deposits in Table 2? - $4691 (deposits)

What are Bank Uno's reserves in Table 2? - $328.37 (4691 x 7%)

What are Bank Duo's loans in Table 3? - $4057.25 (4362.85 x 93%)

What are Bank Uno's loans in Table 2? - $4362.85 (4691 - 328.37)

Loans made by a bank do not affect the money that the bank owes to its depositors (the liabilities side of the T‑account), so its deposits in Table 2 remains $4691.00. Assuming that banks do not keep any excess reserves, Bank Uno will only keep 7.00% of its deposits and loan out 93.00%. This means it keeps reserves of $328.37 and makes loans of the remaining $4362.63 .

When the $4362.63 gets deposited into Bank Duo, the bank similarly keeps 7.00 % and loans the remaining $4057.25 . Note that each of these series of deposits and loans increases the money supply by a smaller and smaller amount. Eventually, when this process completes, the money supply will be increased by a factor of 14.29 (assuming that all loans get redeposited and no bank keeps more than the minimum reserves; otherwise, it will increase by a smaller factor). How is this money multiplier calculated?

money multiplier = 1 / required reserve ratio = 1 / 7.00% = 14.29

why is it important to protect people whose rights have been violated ?

Answers

Answer:

Because the bible says We the People which means us.

Explanation:

Hope it Helps

Which profession gets paid with tax money?

A) public school teachers
B) bankers
C) lawyers

Answers

Answer:

A.

Explanation:

They are doing a public job for that county.

Answer:

a) public school teachers

Explanation:

public school teachers are paid with tax money because they are 'public servants' and the government pays them to directly serve the community.

What was one good thing to come out of the Articles of Confederation?
Select one:

a. The Northwest Ordinance of 1787.

b. The ability to raise and maintain an army.

c. The creation of a Presidency.

d. The creation of a federal court system.

Answers

Answer:

B.) The ability to raise and maintain an army.



The primary advantage that the Articles of Confederation provided was its ability to maintain the independence and sovereignty of each state within the union. The states could use these articles to band together to send ambassadors to other nations overseas, and handle territory issues








Explanation:

Have a great rest of your day
#TheWizzer

Identify and describe three types of competition and give an example of each

Answers

The types of competition in sociology are pure and limited competition, absolute and relative competition, personal and impersonal competition and creative and non-creative competition.

What is competition, and what are some examples?

A rivalry occurs when two or more parties strive for a common goal that cannot be shared: one's gain is the other's loss.

Competition, like cooperation, occurs at the individual, group, and organizational levels. The personal competition includes people competing for affection, a promotion, or public office.

Thus, these are the types of Competition in Sociology.

To learn more about Competition refer:

https://brainly.com/question/26356446

#SPJ1

The Southern Leadership Conference adopted which policy in the handling of civil rights activism?

Answers

Answer:

Terms in this set (17) (Southern Christian Leadership Conference) Set out to eliminate segregation from American society and to encourage African Americans to register to vote.

WHOEVER ANSWERS THIS RIGHT GETS BRAINLIEST!!
Take a close look at this political cartoon by Benjamin Franklin. He created it to support the Albany Plan.

What does the slogan “Join, or Die” suggest?
Check all of the boxes that apply.

The colonies should work together.

The Iroquois Confederacy must ally with the British.

Britain needs to work with all of the Indigenous tribes.

The colonies cannot survive on their own.

Answers

Answer:

a and d

Explanation:

why is pluto not a planet anymore.

Answers

Answer:

People have opinions or don't teach it

Explanation:

Yes, pluto is a planet. But many people have decided not to teach about it or just forget since it is as small as Kim Jong Un's pp

Answer:

pluto is now classified as a dwarf planet , because , while it is enough to have become spherical, it is not big enough to exert its orbital dominance and clear the neighborhood sounding its orbit

agrument on should free speech be regulated on social media​

Answers

Answer:

8Chan was the freespeech version of 4chan, it raised toxic bigots and cuased a guy to shoot a mosque killing like 60 people in new zealend.

Explanation:

Why were Jim Crow laws implemented in the South?
A)White southern leaders wanted to provoke a new civil war to form their own country.
B)White southern leaders did not believe in political or social equality for African Americans.
C)White southern leaders believed the laws would promote political unity across the South.
D)White southern leaders thought that the laws were the best way to revive the southern economy.

Answers

Answer:

B

Explanation:

If this helped pls give brainlyest

The dictator who led the Soviet Union during the early years of the Cold War was__________.

a: Joseph Stalin
b: Lech Walesa
c: Mikhail Gorbachev
d: Boris Yeltsin

Answers

Answer:

a: Joseph Stalin

Explanation:

Is this statement true or false?

During the Civil War tho North effectively used the stratogy of total war" to weakon the South

True

False​

Answers

the answer is deginlty true

18) The cottage industry system involved manufacturing
A) of hand-made luxury goods.
B) in the home
C) of steam engines.
D) in small factories.
E) cheeses and pastries.
19) The main source of power for steam engines and

Answers

Answer:

In the home.

Explanation:

Simply put, this allows homemade food to be exactly that, food made in the home that can be provided to customers.

Which of the following countries is least likely to hold free and legitimate elections by its citizens, based on this map?

Mexico
Belarus
Tanzania
Columbia

Answers

Belarus is least likely to hold free and legitimate elections by its citizens based on the map.

Belarus is least likely to hold free and legitimate elections by its citizens, based on this map.

What is Belarus?

Eastern European country of Belarus, officially known as the Republic of Belarus, is a landlocked country.

In the northwest, it borders Lithuania and Latvia; in the south, Ukraine; in the west, Poland; and in the east and northeast, Russia.

Belarus is the 20th-most populous and 13th-largest country in Europe, with a population of 9.3 million and an area of 207,600 square kilometers (80,200 square miles).

The entire country is divided into seven administrative regions. Minsk is the nation's capital and largest city.

What is Election?

A formal process of communal decision-making, an election is how a population choose a person or people to hold public office.

Since the 17th century, elections have been the primary method used to carry out representative democracy in modern times.

Elections may be held to fill legislative, occasionally executive, occasionally judicial, and occasionally regional and municipal positions.

Numerous other private and commercial organizations, including clubs, nonprofit organizations, and corporations, also use this procedure.

Hence, option B is correct.

To learn more about Belarus here

https://brainly.com/question/1827448

#SPJ2

How do political candidates get their message
out?

Answers

Answer:

political candidates get their message out through campaigns

How can knowing the opportunity cost help you make a better decision

Answers

Answer:

Explanation:

With the opportunity cost, you will consider the fact that when you make a choice, you have to sacrifice other options. This helps make more economically accurate decisions that maximize your resources.

what is not attribute of economy indication

Answers

Answer:

An economy indication is an economic statistic, such as the unemployment rate, GDP, or the inflation rate, which indicate how well the economy is doing and how well the economy is going to do in the future.

Key takeaways:

An economic indicator is a macroeconomic measurement used by analysts to understand current and future economic activity and opportunity.

The most widely-used economic indicators come from data released by the government and non-profit organizations or universities.

Indicators can be leading—which tend to precede trends, lagging—which confirm trends, or coincident—that which is happening now.

So, think about what isn't important information. What data don't you need? Do you need to know the avg income of the city or state etc.? The population? The percent of female or male? Birthrate? Think about it

I hope this helped

Can someone please help me with this Question from my LO task grade 12
Steps to RUN a campaign

Answers

Answer:

Define the Victory. It's important that everyone agrees on the core goal or goals of your campaign. ...

Evaluate the Campaign Climate. ...

Chart the Course. ...

Choose Your Influence Strategy. ...

Message for Impact. ...

Manage Your Campaign.

Help me practice 2 pleaseeeeeeee

Answers

Answer:

The transactions of the incredibly diseased world war 3.

Explanation:

Follow these steps.
1. Circle three details in
the image. Each one
should be a clue about
each of the three
topics above.
2. Near each detail you
circled, write a note
explaining what it
tells about the topic.
3. Draw a line from
each detail to its note.

Answers

The second one is gonna be your answer

HELP MY GRADE IS AN F AND I NEED TO GET IT UP FAST!At the end of an investigation, a student writes, “Plants watered with the boiling water grew little. However, plants watered with warm water grew larger over the same period. Therefore, boiling water decreases plant growth.”

What part of scientific investigation is this?


evidence and logical reasoning

hypothesis and observation

question and experiment

evaluation and critique

Answers

Answer:

B

evidence and logical reasoning

Explanation:

Answer:evidence and logical reasoning

Explanation:

Other Questions
Who will the warriors play in the second round of the playoffs?. Joe borrowed 2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 5years What is the meaning of the following word? volarO to flyO to sail O to swim O to walk Stacy performed an experiment in which she rolled a six-sided die multiple times. The results are shown belowBased on the results above, predict the number of times a 3 would be rolled if Stacy performs the experiment a total of 480 times. sorry can someone help me please 6x25-40=? pls no wrong answers Richard and Nestor create paintings. Richard creates 40 paintings in 28 days.Nestor creates 45 paintings in 5 weeks. Who creates paintings at a faster rate?Show your work. Please help me with this. I need to solve for x. 4ln(7x+3)+12=40 1. Rank the four types of insurance on this infographic from MOST important toLEAST important (in your opinion) for a high school student to have. I need help with this Read the passage. Then answer the question. " Tajima" By Miss Mitford) Questions-----> Consider the complex character Tajima Shume in " Tajima." How do Tajima's actions and interactions advance the plot and develop a theme in the story? In your response, describe a theme of the story and explain how the author uses characterization to develop the theme and advance the plot. Use evidence from the text to support your response. Has to be at least 3 complete paragraphs ( Please Do Not Repost Someone Else's Answer that is on Brainly Or Any Other Websites Please If So You'll Be Reported). Will Mark Brainliest if answered correctly ). . Cul es un cumpleaos importante para ti?What does this mean Match the following items.1. advent the introduction or beginning of something new 2. attrition the act of detaining or confining people during a time of war 3. fundamental the most important, e.g., a set of beliefs 4. genocide an irresistible force or power 5. internment the attempted extermination of a culture, race, or religion 6. juggernaut the gradual wearing away of morale and the power to resist by persistent attacks A watermelon has a mass of 2.4 kg. What is the mass expressed in g or mg? A hydraulic lift raises 1140 kg car through a height of 2.4 m. What is the potential energystored in the car? 15Janice had a total of 156 red and yellow beads in the ratio 6:7.After she gave away an equal number of each type of beads, thenumber of red and yellow beads left was in the ratio 3:7.(a)Did the fraction of red beads that Janice had left increase,decrease or remain the same?B)How many yellow beads were given away? Hootie has been smoking cigarettes for over ten years. When he realized the damage that they have probably done to his body, he immediately quit. Since then, he has been irritable and moody. He often reports he feels distressed. What might Hootie be currently going through? PLSSS HELP IF YOU TURLY KNOW THISS Read each sentence and determine whether it is compound, complex, or compound-complex. Federico is a talented painter, but Maria is the best all-around artist in the class.a) compoundb) complex c) compound-complex Hyperglycemia associated with diabetic ketoacidosis is defined as a blood glucose measurement equal to or greater than _____ mg/dl.