Answer:
Answer is Option C: 750,000.
Explanation:
A stock dividend is a payment that is made to the shareholders in shares and not in cash. It increases the number of common shares that are representing the shareholder's investment. When this occur, a company needs to restate the shares that were outstanding before the stock dividend.
When we calculate the weighted-average number of shares outstanding for 2015, we sum it for the whole year for all quarters.
Total for the whole year will come as 750,000.
Answer:
Units transferred out less units in beginning work in process.
Explanation:
A process costing system is generally used when similar or identical products are mass produced.
To determine the total number of units transferred out = beginning work in process + units started and transferred out - ending work in process
To determine the amount of units started and completed = total units transferred out - beginning work in process
Answer:
diminishing marginal returns
Explanation:
Based on the information provided within the question it can be said that this scenario indicates that there are diminishing marginal returns. Like mentioned in the question this refers to the decrease in marginal output as additional factors of production are introduced into the production process. Which in this case the additional factors would be more workers, since adding an additional worker seems to lower the marginal product.
Answer:
0.4
Explanation:
Given that,
Convenience store advertises 50% off frozen slushies: This means that the price of slushies decreases by 50%.
20% Fewer sales of fountain drinks: This means that the quantity demanded of fountain drink decreases by 20%.
Percentage change in the price of slushies = 50%
Percentage change in the quantity demanded of fountain drink = 20%
Cross price elasticity measures the responsiveness of quantity demanded for one good to any change in the price level of the other good.
Therefore, the cross elasticity between slushies and fountain drinks is as follows:
= Percentage change in the quantity demanded of fountain drink ÷ Percentage change in the price of slushies
= 20 ÷ 50
= 0.4
Therefore, the positive cross price elasticity indicates that these are the substitute goods.
Answer:
MRCORRECT has answered the question
Explanation:
Fiat money has value because the government declares that it has value.
