Answer: b. Sales Returns, Wages, Machinery, Discount Allowed
Explanation:
Sales returns reduce the sales made. Sales are put on the credit side so transactions that will reduce sales such as sales returns would have to go on the debit side.
Wages are an expense and expenses are debited to show they are increasing so they have a debit balance.
Machinery is an asset and assets have debit balances.
Discount allowed reduces the sales balance and as mentioned above, transactions that reduce sales go on the debit side so this has a debit balance as well.
Answer:
b. protects the current shareholders against a dilution of their ownership interests.
Explanation:
Shares are ownership interests that are owned by business owners and measures the degree to which an individual has a stake in a company.
Preemtive right occurs when a shareholder has a right to purchase a particular portion of newly issued shares.
For example if an individual has 40,000 shares and additional 250,000 shares are issued, he can have the right to purchase an additional 30,000 of the new shares.
The preemtive right prevents dilution of ownership interests by ensuring old stockholders have a stake in newly issued shares.
Is the 3 % an annual rate or monthly rate? Whats the initial amount deposited?
Then I can better help answer your question.
Answer:
Here is what I found, I hope it helps
Explanation:
Gross Income contains all money you earn that is not expressly removed from taxation under the Internal Revenue Code (IRC). The part of your gross income which is currently subjected to taxes is Taxable Income. To arrive at the number of Taxable Income, expenses are deducted from gross income. For a year, your Gross Income applies to all your pre-tax earnings, while your Adjusted Gross Income is mostly smaller and refers to your income after tax deductions. I could not find the difference between Adjusted Gross Income and Taxable Income.
Answer:
b. lower price than the pre-subsidy equilibrium, and buyers pay a lower one.
Explanation:
A subsidy is a governments intervention in the form of cash or tax cuts. The government offers subsidies to producers to motivate them to produce more or to lower their cost of production. As a result, there will be more products in the market or goods will be cheaper.
Equilibrium price refers to the price determined by the forces of supply and demand. It is the intersection of the demand and supply curve. It is the price that buyers are willing to pay for a certain quantity of a product; all other factors held constant.
Should a producer receive a subsidy, It will lower his cost of production. The producer's output will cost less. He can afford to offer sellers a lower price as a result of the subsidy. The traders will be able to sell the products in the market at a low price compared to a situation with no subsidy.
