Answer:
Return on equity = Net income/Shareholders' equity x 100
= $29,600/$829,000 x 100
= 3.57%
The company's return on equity is closest to 3.67%
Explanation:
Return on equity is the ratio of net income to shareholders' equity. The net income = $29,600 and shareholders' equity = $829,000. The division of net income by shareholders' equity gives return on equity.
Answer: d. Rent Revenue, Fees Earned, Miscellaneous Expense
Explanation:
Temporary accounts are also referred to as nominal accounts and they are the accounts that are closed when the year ends and began afresh the following accounting period and they basically relates to fees, expenses and gains.
From the options above, the answer will be option D "Rent Revenue, Fees Earned, Miscellaneous Expense"
Answer:
The market for lettuce would be impacted in three ways: labor supply would increase, meaning that lettuce producers can now hire more workers for a lower price.
This cheaper labor would likely increase supply, because more producers would try to enter the market to take advantage of the cheap workers.
Finally, the lower labor costs, and the higer supply, would reduce the price of lettuce, meaning that consumers will be able to buy more lettuce for less money.
Answer: Symbols
Explanation:
Observable artifacts are symbols, words, languages (they could be slang or jargon), stories of legends, practices. This give those in the future the explanation of what happened in the past or what's currently ongoing with a message to those who come across them.
The observable artifact the organization is using is that of symbols.
Answer:
The best consumption bundle is (b)
Explanation:
The best consumption bundle is always the one which satisfies the most. In the above scenario, Jennifer wants to buy both DVDs and albums. The cost of DVD and album is $15 and $ 7.5 respectively. The best combination is to buy 2 DVDs they will cost her 30$, and with the remaining 15$ she can buy two albums. So, the best combination is 2, 2.
