Answer:
Shareholders for dividends $93,000 (debit)
Cash $93,000 (credit)
Explanation:
Autumnâ Services, Inc holds a 12 % voting stock in Springâ Metals therefore it does not have control in terms of IFRS 10 and no consolidated statements must be produced.
The Acquisition of shares is thus a Financial Asset for Autumnâ Services, Inc.
February 15, 2019
<em>When dividend is declared, recognize an equity item and a Liability in Spring Metals</em>
Dividend $93,000 (debit)
Shareholders for dividends $93,000 (credit)
Dividend = 124,000×$ 0.75 per share
= $93,000
March 2, 2019
<em>De-recognise the liability and de-recognise the cash asset in Spring Metals</em>
Shareholders for dividends $93,000 (debit)
Cash $93,000 (credit)
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Public Choice theory focuses on people's political decision-making processes. Rent seeking is the attempt to obtain a legal privilege that will allow you to earn money.
<h3>What is an example of Public Choice Theory?</h3>
Public choice theory is frequently used to explain how political decision-making results in outcomes that contradict public preferences.
Many advocacy groups and pork barrel projects, for example, are not in the best interests of democracy as a whole.
Learn more about public choice theory at;
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Answer:
Total present value= $4,369.14
Explanation:
Giving the following information:
Year Cash Flow
1 $1,130
2 $1,000
3 $1,510
4 $1,870
Discount rate= 9%
<u>To calculate the present value, we need to use the following formula on each cash flow:</u>
PV= Cf/(1+i)^n
PV1= 1,130/1.09= 1,036.70
PV2= 1,000/1.09^2= 841.68
PV3= 1,510/1.09^3= 1,166
PV4= 1,870/1.09^4= 1,324.76
Total present value= $4,369.14
There will be 30% of houses without fibre optic internet connectivity or high-definition television.
Groups of components with definite definitions are called sets. A curly bracket serves as a symbol for the number of objects in a finite set.
To choose a subset from a set and draw a conclusion using statistical analysis, use random sampling.
In one town, 20% of homes have both fiber-optic internet connectivity and at least one high-definition television, whereas 40% of homes have one or the other.
The percentage of residences without fibre optic internet connectivity or high-definition television is as follows:
P = 100% - [60% + 30% - 20%]
P = 100% - (90% - 20%)
P = 100% - 70%
P = 30%
30% of houses will not have fibre optic internet connectivity or high-definition television.
learn more about high-definition television here
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Answer:
B. Journal entry-level
Explanation:
When using ABC, costs can be gathered at different levels. These levels are all of the following except "journal entry-level".
Therefore, costs can be gathered in Unit-level, Batch-level, Factory-level and even Product level.
Activity-Based Costing (ABC) is actually a costing method which tends to identify the activities that are carried out in organization and gives the costs of each activity to the products and services by what they actually consume.