Answer:
Total Stock holder equity $457,000
Explanation:
The computation of the total stockholder equity is shown below:
Common stock issued (19,000 × $6) $114,000
Another common stock issue (38,000 × $7) $266,000
Net income $190,000
Less: Dividends - $95,000
Less: Treasury stock purchase -$18,000 (2,000 × $9)
Total Stock holder equity $457,000
The same should be relevant
Answer:
the rate of return is 8.41%
Explanation:
given data
Present value = $120,000
Future value = $0
PMT = $15,000
NPER =12 years
solution
We will applied the rate formula that is.
The NPER reflects the time period.
and formula is that
NPER = Rate(NPER;PMT;-PV;FV;type)
so we get here
the rate of return is 8.41%
The depreciation expense will be credited for $750 in the consolidating entries while preparing the 20X8 consolidated income statement,
<h3>What is the
depreciation expense?</h3>
This refers to the cost of an asset that has been depreciated for a single period such as in that year.
Depreciation expense = Cost - Salvage value / Useful life
Depreciation expense = $36,000 - $33,000 / (2 years (semi-annual charges)
Depreciation expense = $3,000 / 4
Depreciation expense = $750
Therefore, the depreciation expense will be credited for $750 in the consolidating entries while preparing the 20X8 consolidated income statement,
Read more about depreciation expense
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Answer: Option (C) is correct.
Explanation:
In economics, this is a fundamental problem that how to utilize the limited resources to satisfy unlimited wants. There are three things that are interrelated with each other:
(1) Limited resources
(2) Scarcity of goods and services
(3) Unlimited wants
We know that human wants are unlimited and resources are limited, then there is a problem of scarcity arises. Many economists call this as "economizing problem". So, economizing problem is all about making choices from scarce resources.
