Answer:
d. return on a perpetuity
Explanation:
Two types of stock are common and preferred. Preferred stockholders do not have voting rights but they have a higher claim to earnings and assets as compared to the common stockholders. In the case of preferred stock, a fixed annual dividend is obtained forever. So, the cost of preferred stock is computed the same as the return on a perpetuity
Answer:
Contribution Margin is 51.875%
Explanation:
Contribution Margin = Contribution/Selling Price × 100
<u>Contribution</u>
Contribution = Selling Price/ unit - Variable Costs/ Unit
Selling Price $80.00
<em>Less Variable Costs</em>
Raw Materials ($25.00)
Direct Labour (45mins/60mins×$18) ($13.50)
Contribution ($41.50)
<u>Contribution Margin</u>
$41.50/$80.00×100=51.875%
Answer:
With the correcting entry method, the wrongly posted account will transfer the amount that was to be posted elsewhere to the place it was to be posted in. In this case the posting was to be to Accounts Receivable not Service fees so:
Date Account Title Debit Credit
May 23 Service Fees $1,270
Accounts Receivable $1,270
Answer: 1. statement d
2. statement d
Explanation: This can be explained as follows :-
1.Government intervention should be done on those sectors that results in maximization of wealth. Private sector is the back bone of every economy's free market, thus, protecting private property is the correct option.
.
2. Issuing patent right to the inventor will result in monopoly by that particular producer and that too of a necessary commodity hence option d is correct.
Answer:
i wouldnt be celebrating either
Explanation:
i certainly wouldnt feel joyous if my regulations were increasing