Answer:
C. includes retained earnings and paid-in capital
Explanation:
The statement of stockholder's equity comprises common stock i.e paid-in capital and retained earnings.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced.
Moreover, it always is prepared on the specified date.
Answer:
Discounted amount luxury hotel suite = $56.25
Explanation:
Given:
Discount rate on luxury hotel suite = 15%
Cost of luxury hotel suite = $375 per night
Find:
Discounted amount luxury hotel suite
Computation:
Discounted amount luxury hotel suite = Discount rate on luxury hotel suite x Cost of luxury hotel suite
Discounted amount luxury hotel suite = 375 x 15%
Discounted amount luxury hotel suite = 375 x 0.15
Discounted amount luxury hotel suite = $56.25
Answer:
Since the price of peanuts increased by 20% and the price elasticity of demand is 0.8, then the quantity demanded will decrease by 16%.
Since the decrease in quantity demanded is proportionally smaller than the increase in price, then total revenue for farmers not affected by the drought should increase.
E.g. 100 pounds of peanuts sold at $10 per pound, total revenue = $1,000
price increased to $12 (20% increase) and quantity demanded decreased to 84 pounds.
total revenue = $12 x 84 pounds = $1,008
Answer:
True
Explanation:
According to the United States of America Code, under section 351, which basically deals with the transfer to a corporation controlled by the transferor, it is TRUE that contributions of cash and property to a corporation in exchange for shares of the corporation stock can be tax-deferred.
Hence, it can be concluded that the correct answer to this question is definitely TRUE.
Answer: Performance Efficiency pillar
Explanation:
The performance efficiency pillar simply focuses on the efficient utilization of information technology and computing resources.
Some key topics that are involved in the performance efficiency pillar include choosing resource types, monitoring performance, and also maintaining efficiency as the business develops.
