Answer:
Feedback
Explanation:
Feedback is the response you get from the customers.
Explanation:
The interest = PTR/100
So, here P = Principcal
T = time
R = Rate of interest
= 14000 x 6 x 1 / 100 = 840
So interest = 840
So, The amount at the end = Principcal + Interest
= 14000 + 840 = 14840
Answer:
Date Description DR CR
June 15 Dividend expenses $120,000
Dividend Payable 120,000
July 10 Dividend Payable 120,000
Cash 120,000
Dec 15 Dividend Expenses 146, 400
Dividend payable 146,400
Explanation:
when dividend is declared and cash is yet to be paid, dividend expenses account will debited while dividend payable account will be credited.
when cash is paid for the dividend, dividend payable account will be credited while the cash account will be credited.
As at June 30, total number of shares outstanding = 95,000 + 25,000 = 120,000
As at December 31, the total number of outstanding shares = 95,000 + 25,000 + 2,000 = 122,000
Answer:
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, Sotheby’s sold the Edgar Degas bronze sculpture Petite Danseuse de Quatorze Ans at auction for a price of $10,311,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,377,500.
Explanation:
Answer: Option C
Explanation: Implicit cost or opportunity cost is the loss of profit from best alternative that is foregone. It is the cost directly paid by the individual himself rather than paying it to others as in case of explicit costs.
Implicit costs are not deducted while calculating accounting profit but they are when calculating economic profit. These costs usually remain fixed as the alternative has been rejected already.
So, from the above we can conclude that option C is correct.
