The management of mecca copy, a photocopying center located on university avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year: ending balances cash ? accounts receivable $ 8,100 supplies inventory $ 3,200 equipment $ 34,000 accumulated depreciation $ 16,000 accounts payable $ 1,800 common stock $ 5,000 retained earnings ? the beginning balance of retained earnings was $28,000, net income is budgeted to be $11,500, and dividends are budgeted to be $4,800.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.

the famous singer stefani joanne angelina germanotta is welly known as lady gaga