Answer:
Advertising Personal is correct
Explanation:
Answer:
Journal Entry for both type of shares is given below
Explanation:
DATA
Preference shares = 50
Common shares = 500
Dividend for preference shareholders = $6/share
Dividend for Common shareholders = $2/share
Entry DEBIT CREDIT
Dividend (for preference shares) $300
Dividend (for common shares) $1000
Cash $1,300
Working
Preference shares dividend = 50 x $6/share = $300
Common shares dividend = 500 x $2/share = $1000
Answer:
163.2 million
Explanation:
The enterprise value is calculated by first obtaining the market value of the equity which is done by multiplying the number of outstanding shares by the value that each individual share is currently trading at. Then you add all existing debt to the market value of the equity, and finally you subtract all liquid cash available. Since neither debt or cash is provided as values in this question we can assume there is none and simply calculate the market value of the equity as the Enterprise value...
10.2 * 16 = 163.2 million
Answer:
increases, decreases, surplus
Explanation:
In a long period of economic expansion, the income earned by individuals would higher, so the amount of tax earned would increase also. Also, In a long period of economic expansion, unemployment would be reduced so the government would spend less on welfare programs
when government revenue exceeds expenditure, there is a surplus.
Centralton needs to have an income of $2,560,000. the total
property is valued for taxation at $80,000,000. The tax rate can be solved by
dividing the income by the total property that is valued for taxation. Which is
equal to of $2,560,000/80,000,000 = 3.2%
