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4 years ago

In centrally planned economies, the government owns most of the factors of production. select one:

1 answer:

5 0

I would saythat a society where the government owns most of the factors or means of production would most likely be like in Cuba which is a socialist government so I would say this would be true but at the same time there is some private enterprise like Sherritt Gordon Mines running the nickel mines and also some small entrepreneur but these enterprises are in the minority.

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Preferred stock is a hybrid security because it has some characteristics typical of debt and others typical of equity. The follo

jonny [76]

Answer:

Dividends are fixed. ⇒ Consistent with Debt

Fixed dividends makes preferred shares consistent with debt because debt repayments are made in equal payments as well.

Usually has no specified maturity date ⇒ Consistent with Equity.

Equity has no set maturity date unlike debt and preferred stock has no maturity date either so is much like equity in this regard.

Cost of preferred stock.

Preferred stock is like a perpetuity. The cost of preferred stock is therefore:

= Constant dividend / Price of stock

= 13 / 130.45

= 9.97%

= 10%

8 0

3 years ago

Under GASB standards, financial information useful for assessing operational accountability is primarily reported in which finan

ANEK [815]

Answer: b. Yes; No

Explanation:

The Government Accounting Standards Board (GASB) is simply a non-governmental organization which is private that helps in the creation of accounting reporting standards, for both states in the United States and the local governments.

Under GASB standards, financial information useful for assessing operational accountability is primarily reported in the Government wide financial statements and not the Fund Financial statements.

7 0

3 years ago

Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative. b. The net cash fl

Afina-wow [57]

Answer:

c. The net cash flow is positive.

Explanation:

A net positive balance occurs when the total cash inflow exceeds total cash outflows. Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.

In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.

6 0

3 years ago

Read 2 more answers

A businessman in New York is preparing an itinerary for a visit to seven major cities. The distance traveled, and hence the cost

enot [183]

Answer:

The answer is 5,040.

There are 5,040 different possible itineraries.

Explanation:

The number of different possible itineraries equals the number of the selection of 7 cities from a total of 7 cities where order is important.

We solve thus:

$N = P^{7}_{7} = \frac{7!}{(7 - 7)!}$

$= \frac{7!}{0!}$

$= 7!$

$= 7 X 6 X 5 X 4 X 3 X 2 X 1$

$= 5,040$

6 0

4 years ago

1. Sheetz Company is purchased by Pulsar Corporation, at an acquisition cost that is $25,000,000 greater than the fair value of

emmasim [6.3K]

Answer:

a. Dr goodwill; credit building for $8,000,000

Explanation:

Goodwill refers to excess of purchase consideration over net assets value of an entity in case of acquisition.

Goodwill is an intangible asset which is recorded as follows on the date of acquisition.

Journal entry for Goodwill is;

Goodwill A/C Dr

Net Assets Acquired Dr.

To Purchase Consideration

(Being goodwill recorded)

In the given case, building was acquired for $15,000,000 against it's fair value which was only $7,000,000. The excess price paid for such acquisition represents goodwill which shall be recorded as;

Goodwill A/C ($15,000,000- $7,000,000) Dr. $8,000,000

To Building $8,000,000

(Being goodwill recorded)

5 0

3 years ago