Answer:
The statement is: True.
Explanation:
Private goods are those that individuals own and are destined to use for their use only. The owners have all rights on their properties up to the limits the local government imposes. Public services are those given to all individuals freely and can be used simultaneously or once at the time.
<em>The increase of private goods usually tends to demand for more public services societies must be intake care of.</em>
Zoning laws can be beneficial to a city’s residents THEY CAN PREVENT NEW DEVELOPMENT THAT WOULD HARM ESTABLISHED RESIDENTS. Zoning laws states how a property in a certain zone will be used. Zoning laws may also specify the sizes of the lots, placement, bulk, and height of the structures.
Answer and Explanation:
The preparation of the multi-step income statement is shown below:
Blossom Company
Income Statement
For the Month January 2022
Revenues
Sales revenue $431,000
Less:
Sales discount -$7,800
Sales return -$12,000
-$19,800
Net Sales $411,200
Less: Cost of goods sold -$270,000
Gross Profit $141,200
Less: Operating expenses:
Freight out -$6,800
Insurance expense -$13,000
Salaries and wages expense -$45,000
Rent expense -$35,000
Total Operating expenses -$99,800
Operating Income $41,400
We simply deduct the expenses from the gross profit so that the operating income could arrive
Answer:
19.91 %
Explanation:
The Internal Rate of Return (IRR) is the Interest rate that will make the present values of cashflows equal to the price of the Initial investment.
<u>Calculation of IRR of Project A using a Financial Calculator :
</u>
($100,000) CFj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
Shift IRR/YR 19.9054 or 19.91 %
Answer:
A. $7,350
Explanation:
The computation of the vested benefit is shown below:
= Average salary × given percentage × five years × vesting percentage
= $70,000 × 3.5% × 5 years × 60%
= $7,350
Hence, the correct option is A.
