Answer:
Land 32,500
Explanation:
We will first calcualte the percent of each component of the real state.
Then we multiply by the total cost paid, which is 325,000
This is the amount we should enter the assets into accounting
Answer:
47.37%
Explanation:
The capital budget is $625,000 out of which 40% is equity and the rest 60% is debt. The company forecasts the net income for the year to be $475,000. Grandin Inc. follows residual dividend policy and pays out all the residual income to its shareholders as dividend.
The portion of equity in the capital budget is $625,000 * 40% = $250,000
The net income potion which will be attributable to equity shareholders is
$250,000 / $475,000 = 47.37%
Answer: Option A
Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.
If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.
However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.
Thus, the correct option is A.
Answer:
A substantial enough connection with the state.
Explanation:
Since in the question it is mentioned that the Liu filed a suit for Macro sales in a state court that depends upon a website in order to do a business between the New jersey residents and macro. The court also exercise the jurisdication above Macro as if the site interactivity i.e output is depend upon the inputs done seen as sufficient connection with the state
The same is to be considered