Answer: (C) Shakeout stage
Explanation:
The shakeout stage is one of the term which is used to refers to the business that helps in describe about the various types of industries which is specifically eliminating due to the competition factor in the market.
The shakeout stage is basically occur when an organization is experience a quick growth and then generating the various types of negative flowing in terms of cash.
According to the given question, the shakeout stage is one of the type of industry life cycle stage in the television industry that helps in holding the shrinking market place.
Therefore, Option (C) is correct answer.
Answer:
d. debit Retained Earnings, $3,000; credit Dividends, $3,000.
Explanation:
The journal entry to close the dividend account should be
Retained earnings Dr $3,000
To Dividend $3,000
(being the closing of the dividend account is recorded)
here the retained earning is debited as it decreased the stockholder equity and dividend is credited as it is closed
Answer:
true
Explanation:
The equity approach is an accounting methodology that a company uses to record profits gained in another corporation through its expenditure. With the accounting equity process, the creditor company considers on its financial statements the revenue generated by the other entity, in a sum equal to the ratio of its equity stake in the other firm.
In other words, The equity theory recognizes the concrete economic connection among two individuals. The creditor documents on the financial statements the portion of the return on that investment as profits from the company.
Answer:
Effect on income= $115,000 decrease
Explanation:
Giving the following information:
Fixed costs= $45,000
Number of units= 20,000
Unitary contribution margin= $8
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= decrease in fixed costs - decrease in contribution margin
Effect on income= 45,000 - 20,000*8
Effect on income= $115,000 decrease
A key function of the market is to find the equilibrium price<span> when </span>supply and demand<span> are in balance. At this </span>price<span>, the goods </span>supplied<span> are equal to what is being demanded thereby bringing about the most efficient allocation of the goods.</span>