Answer:
(B) For Month Ended April 30, 20--.
Explanation:
Since, the income statement reflects the activities of the specific firm/entity/company for a particular period, therefore the date on income statement is always written in below manner depending on the number of months it represents.
If 12 months are represented by the income statement, then the date on such income statement is written as:
For year ended April 30,20--.
If 6 months are represented by the income statement, then the date on such income statement is written as:
For six months ended April 30,20--.
If 1 month is represented by the income statement, then the date on such income statement is written as:
For month ended April 30,20--.
Keeping in view the above discussion, the answer to the question shall be
(B) For Month Ended April 30, 20--.
Answer:
The correct option is a.
Explanation:
In the question, it is given that there are two firms namely U and L who has same same amounts of assets, investor supplied material, and Return on investor capital.
The Firm U is unleveraged which has 100% equity
whereas, Firm L is leveraged firm which has 50% debt and 50% equity
As we have to compare these two firms based on return on equity.
So, based on ROE, Firm U has 100% equity so it have more equity
And, the Firm L have 50% equity which means the firm has low equity as 50% contribution is gone to the debt.
The rest information which is given in the question is irrelevant. So, it is ignored.
Thus, the Firm L has a lower ROE than Firm U
Hence, the correct option is a.
Answer: A few large flagship stores located in big cities; High-end pricing( Option A and D)
Explanation:
Because the people in this country usually shop close to their home, it would not be wise for a business to opt for few large flagship stores rather than a larger number of the smaller stores.
It would also be unwise for such business to sell mainly high-end products because the shoppers are used to good deals and haggling. Such company would be smart, to sell the products individually, because bulk purchases would make little sense for people that make frequent trips to the store.
Also, in a country with a congested transportation, an easy-to-access store locations will be important and having product experts on the floor who answers the questions of customers’ would appeal to network-oriented local culture.
Answer:
A. Yes, it should continue to produce because the firm's revenues cover the total variable cost of $16,000.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. Market participants are price takers.
In the short run ,if price is less than average variable cost, the firm should shutdown.
Also, if total revenue is less than the total variable cost, the firm should shutdown into the short run.
Total revenue = $10 x 3000 = $30,000
Total cost = Fixed cost + variable cost
$36,000 = $20,000 + variable cost
Variable cost = $16,000
Total revenue is greater than total variable cost, so the firm should continue operations in the short run.
I hope my answer helps you
It depends on if u have ur license taken away or not. u can just go to the dmt and they will tell u whats up
