Answer:
the Swiss Chalet had higher occupancy than its competitive set in 2019
Answer:
$183,000
Explanation:
The computation of the cost of goods sold using the FIFO method is shown below:
= Number of units purchased × per unit + additional units purchased × per unit
= 15,000 units × $10 + 3,000 units × $11
= $150,000 + $33,000
= $183,000
Since there are 18,000 units are sold
out of which 15,000 are at $10 and the remaining 3,000 units are at $11 and the same is to be considered
Answer:
Option (d) is correct.
Explanation:
Given that,
Beginning common stock = $98,300
Common stock sold = $25,700
Beginning balance of retained earnings = ($42,100)
Net Income = $21,100
Dividends = $7,000
Ending balance of common stock:
= Beginning common stock + Common stock sold
= $98,300 + $25,700
= $124,000
Ending balance of retained earnings:
= Beginning balance + Net Income - Dividends
= ($42,100) + $21,100 - $7,000
= $28,000 debit
Ending balance of total stockholder's equity account:
= Ending balance of common stock + Ending balance of retained earnings
= $124,000 - $28,000
= $96,000
Answer:
The correct answer will be "Reversion interest".
Explanation:
- Reversionary interest seems to be an individual's involvement in something like an asset that whenever a prior estate continues to function. It indicates any desire that is deferred to something like the pleasure of.
- It generally means after enough duration either on a particular arrangement, the charity's grantor seems to have an intention of having again an exchanged asset.
Answer: B. Households; firms and banks
Explanation:
Loanable fund market shows the relationship between the savers and the borrowers in the economy. Loanable funds are demanded by the borrowers and supplied by the savers. The firm's and government are always on the supply side of the loanable funds while households are those who demand either for Business, leisure or to solve a challenge. They are usually charged by some amount of interest to pay back the loans by the banks and government.
