The statement that BEST argues that stock markets can be good for society is: C. The stock market allows individuals to invest more money.
<h3>What is stock market?</h3>
Stock market can be defined as the market in which stock transaction is carried out based on the fact that the market is use for the buying and selling of stock.
Stock market makes it possible for investor to invest their money so as to generate more money.
Therefore the correct option is C.
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Answer:
December 1st
Explanation:
If an investor purchases ABC stock before the ex-date, he/she is entitled to the additional shares that will be assigned on the ex-date. But if an investor purchases the stock at the ex-date or after, he/she will not be entitled to any additional shares, since the ex-date is the first day the stock will not trade with a due bill.
Answer: See explanation
Explanation:
The entry is prepared below:
Sep-01
Dr Cash $420
Cr Sales revenue $420
(To record the mower sales)
Sep-01
Dr Cost of goods sold $120
Cr Finished goods inventory $120
(To record the cost of mower sales)
Sep-01
Dr Warranty expense (6% x $420) = $25.20
Cr Warranty liability $25.20
(To record the estimated warranty expense)
Jan-24
Dr Warranty liability $29
Cr Repair parts inventory $29
(To record the cost of warranty repairs)
Answer:
P = $1790.01
Explanation:
Given data:
Borrowed money = $11,000
Number of installment = 10
Annual rate of interest = 10%
P = $627.45
PV of annuity is given as:
![PV of annuity = P*[\frac{(1-(1+r)^{-n})}{ r}]](https://tex.z-dn.net/?f=PV%20of%20annuity%20%3D%20P%2A%5B%5Cfrac%7B%281-%281%2Br%29%5E%7B-n%7D%29%7D%7B%20r%7D%5D)
P - Periodic payment
r - rate per period
n - number of periods
![11,000 = P*[\frac{(1-(1+0.1)^{-10})}{0.1}]](https://tex.z-dn.net/?f=11%2C000%20%3D%20P%2A%5B%5Cfrac%7B%281-%281%2B0.1%29%5E%7B-10%7D%29%7D%7B0.1%7D%5D)
P = $1790.01
Answer:
see below
Explanation:
An increase in wages increases the amount of disposable income for individuals. It means that households will have more money to spend. An increase in wages results in increases in the people's ability to buy, which increases the demand for goods and services.
Wagers are an expense to suppliers. An increase in wages will increase the cost of production. When production cost increases, suppliers' profit margin decreases. Since supplies are motivated by profits, a decrease in profit margins may result in reduced production.
