Tina walks into Ted’s sporting goods store and buys a punching bag for $100. That $100 payment counts as _______________ for Tina and _______________ for Ted. multiple choiceRents; profits.Expenditure; income.Value added; multiple counting.Income; expenditure.
Question
Tina walks into Ted’s sporting goods store and buys a punching bag for 100 payment counts as _______________ for Tina and _______________ for Ted. multiple choiceRents; profits.Expenditure; income.Value added; multiple counting.Income; expenditure.
Solution
The $100 payment counts as Expenditure for Tina and Income for Ted.
Similar Questions
At a sale Michelle bought a tee shirt for $14.65, a DVD for $27.95 and a smoothie for $6.50 using her debit card. If she had $100 in the bank to start with, how much money does she now have in her bank account?
Rachel won a money prize.She spent 36% of it on a bag and the same amount of money on a meal for her family.She saved the remaining $112.What was the total amount of her money prize?
Suppose Gail is willing to pay $89 for a new pair of shoes and Karen is willing to pay $60. What is the gain in total consumer surplus if the price of the shoes falls from $70 to $50?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.a$10b$19c$29d$30
Mr Ang bought a television set for his parents with 50% of his salary. He saved 60% of the remaining money in bank and had $180 left. How much did Mr Ang have at first?
Divyanshi buys a bag for Rs 560 and sells it for Rs 680. She earns a profit of________% in this transaction
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.