Yes, the association between income and education is generally considered strong. Higher levels of education often lead to better job opportunities, higher salaries, and increased earning potential. Numerous studies have shown that individuals with advanced degrees tend to earn significantly more than those with only a high school diploma. This correlation highlights the importance of education in achieving financial stability and upward mobility.
In general, a workers income will go up with how much education they have. This is the case when a well educated person can find a job, of which there is no guarantee.
Nonoperating Income
no
Economics of education helps in determining the relationship between educational expenditure and increase in the income or physical capital over a period of time in a country.
NO, Account payable is a balance sheet item it does not appear in the income statement.
Donations
Although your association may be a valid Florida non-profit corporation, grants are not generally a source of income. Association income is based on assessments paid by owners.
Comparative graph
economics of education helps in determining the relationship between educational expenditure and increase in the income or physical capital over a period of time in a country.
Product cost appear on the income statement as cost of goods sold and on the balance sheet as inventory.
comparative graph
Generally, yes, especially if the association is any kind of corporation.