Debt to income= monthly debt payments / gross monthly income
Answer:
The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers.
hope this helps
Answer:
28.57%
Explanation:
The computation of the unemployment rate is shown below:
Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100
where,
Total labor force would be = Unemployed + employed
= 40 million + 100 million
= 140 million
So, the unemployment rate would be
= 40 million ÷ 140 million
= 28.57%
It should always be expresses in a percentage form.
Answer:
D All of these answers are correct.
Explanation:
Given that the corporation had 1,000,000 shares of $10 par value common stock outstanding. On March 31, the company declared a 20% stock dividend. Market value of the stock was $18/share. As a result of this event
Paid-in Capital in Excess of Par = 1000000*20%*(18-10) = 1600000
Stock dividend = 1000000*20%*18= 3600000
Edison's total stockholders' equity was unaffected because increase in Stock dividend leads to decrease in retained earnings by the same amount.
Answer is option D All of these answers are correct.
Answer:
By 110,000 the retained earnings reduced by the property dividend.
Explanation:
Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.
For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.
So, the calculation is computed below:
As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e. 50,000 shares ÷ 10 shares = 5,000 for 1 share.
Now, multiply by market value which comes = 5,000 × $22 = $110,000.
So, by 110,000 the retained earnings reduced by the property dividend.