Answer:
Miller's retained earnings on December 31, 2016 is $9,000,000.
Explanation:
Miller's retained earnings on 31 December 2016 = retained earnings on January 1, 2016 + net income - declared dividends
= $8,000,000 + $1,500,000 - $500,000
= $ 9,000,000
Therefore, Miller's retained earnings on December 31, 2016 is $9,000,000.
It includes the study of <span>employment in the economy.
A macroeconomic factor is a factor that is relevant to an expansive economy at the provincial or national level and influences a huge populace instead of a couple of select people. Macroeconomic factors, for example, financial yield, joblessness, expansion, reserve funds, and speculation are key pointers of monetary execution and are nearly checked by governments, organizations, and customers.
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Answer:
Check the following calculations
Explanation:
Answer [a]
Preferred stock shares issued and outstanding = $ 105,000 / $ 50 par value = 2,100 shares
Answer [b]
Common Stock shares outstanding = Total issued – Treasury stock shares
= ($40000 / $4 par) – 4000 shares
= 10000 – 4000
= 6,000 shares
Answer [c]
Cost of Treasury shares = $ 15000 / 4000 shares = $ 3.75
Answer:
Entrepreneurs must know their market because the information is power in the business environment. An entrepreneur who has perfect information about their customer, competitors and suppliers will grow very fast.
Explanation:
