It is something with a circle
Answer:
The difference is $9,450,000
Explanation:
Market Value of Share = $27.50 x 530,000
=$14,575,000
Book Value = $5,125,000.
Difference = $14,575,000- $5,125,000.
=$9,450,000
The market value is greater than book value by $9,450,000
Answer:
All workings and explanations are in the explanation section.
Explanation:
<u>Transaction 1: </u>
<u>Purchased new equipment for $3,350 by issuing a check for $2,100 as a down payment with the balance due in 30 days.</u>
Debit: Fixed asset account - Equipment $3,350
Credit: Bank account $2,100
Credit: Current liabilities - $1,250
<u>Explanation:</u>
- Equipment is a fixed asset, when an asset is increased, it is debited.
- Partial payment was made by bank- bank is a current asset, a decrease to the asset is a credit item.
- The remaining balance is current liability, since payable within 30 days, an increase in liability is a credit item.
<u>Transaction 2:</u>
<u>Returned damaged supplies and received a $105 cash refund. </u>
Debit: Cash - $105
Credit: Supplies - $105
<u>Explanation:</u>
- Cash refund is an increase in cash - current assets, it is a debit item
- Supplies are decreased, and supplies is also a current asset, a decrease in current assets is a credit item.
Transaction 3:
Purchased supplies for $310 on account.
Debit - supplies - $310
Credit - payables - $310
<u>Explanation:</u>
- Supplies are current assets - an increase in supplies is a debit item.
- They are purchased on account means it is a current liability, therefore, an increase in liabilities is a credit item.
<u>Transaction 4:</u>
<u>Provided services for $7,350 on credit.</u>
Debit: Receivable - $7,350
Credit: Sales revenue - $7,350
<u>Explanation:</u>
- Receivables are current assets - an increase in receivables is a debit item.
- Sales revenue is credit item, an increase in revenue is credit.
<u>Transaction 5:</u>
<u>Issued a check for $920 to pay a creditor on account.</u>
Debit - payables - $920
Credit - Bank -$920
<u>Explanation:</u>
- A decrease in creditors is a debit item
- A decrease in bank, is a credit item
<u>Transaction 6:</u>
<u>Issued checks for $3,500 to pay the employees their monthly salaries.</u>
Debit Wages - $3,500
Credit Bank - $3,500
<u>Explanation:</u>
- Wages are an expense. An increase in the expense is a debit item.
- Bank is a current asset, a decrease in bank is a credit item.
<u>Transaction 7:</u>
<u>Issued a check for $320 to pay the monthly telephone bill. </u>
Debit - Utilities -$320
Credit - Bank - $320
<u>Explanation: </u>
- Utilities are an expense. An increase in the expense is a debit item.
- Bank is a current asset, a decrease in bank is a credit item.
Answer:
The sort of returns to scale the firm face is a decreasing return to scale.
Explanation:
The production function is correctly restated as follows:
.................................. (1)
To determine the type of return to scale, the input usages K and L are scaled by the multiplicative factor ∝, and substituting it into equation (1), we can have the following:
Since the sum of the exponents of the multiplicative factor ∝ is 0.9 which is less than 1, the sort of returns to scale the firm face is a decreasing return to scale.
Some of the things that make a business a disruptor are:
- Unstable expectations
- Irregular business models
- Inconsistencies
- Complex business models
- Complex ecosystems
- Lack of job satisfaction
<h3>What is a Business Disruptor?</h3>
This refers to the factors that disrupt the normal flow of a business due to inconsistencies, etc.
Hence, we can see that based on the fact that for an effective business to run, it needs to have good vision and mission statements that are clear and easy to follow.
Read more about business disruptors here:
brainly.com/question/15740837
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