Answer:
Should purchase or consume more Alpha than Beta.
Explanation:
Marginal utility per dollar spent can be calculated as,
Alpha = 30/5 = 6/$ spent
Beta = 40/10 = 4/$ spent
Therefore maximizing utility in a given budget constraint would be achieved by buying or consuming more of Alpha.
Answer:
The amount of the potential dividend is $7 per year per preferred share. [$100 x 7%] = $7
Explanation:
The preferred stockholder will receive $ 7 per share held each year provided there are sufficient net income to distribute those dividend.
Answer:
Campus Stop, Inc.
Partial Income Statement
Sales revenue $323,300
Sales returns ($1,730)
Sales discounts and allowances <u> ($2,270)</u>
Net sales $319,300
Cost of goods sold <u>($172,870)</u>
Gross profit $146,430
Gross profit margin = $146,430 / $319,300 = 45.86%
Answer: <u><em>C. Using predetermined totals to control posting routines.</em></u>
Explanation: A regulation total if developed for the agreement to be posted, then it should be set side by side with total of items posted to personal accounts. Therefore, The most adequate way to avert this kind of error is by applying predetermined totals to control stating the daily cycle.
<u><em>Therefore, the correct option in this case is (c)</em></u>
