Presented below is information for Oakley Company for the month of March 2020.

Cost of goods sold $254,000

Rent expense $36,000

Freight-out 7,500

Sales discounts 8,800

Insurance expense 5,000

Sales returns and allowances 11,000

Salaries and wages expense 75,000

Sales revenue 425,000

Prepare a multiple -step income statement.

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.