A) Net income:
Revenue - Expenses = 13 100 - 8 200 = $4 900
b ) Assets = Liabilities + Shareholders equity ( SE)
SE = A - L = 43 500 - 20 500 = $23 000
The required earnings after dividends:
4 900 - 2 140 = $ 2 760
The Stockholders´ equity: at the end of the period:
23 000 + 2 760 = $ 25 760
Answer: $370,000
Explanation:
Based on the information given in the question, the total budgeted cash collections in April would be calculated as the addition of the sales value from February to April and this will be:
February sale = 5% × $700,000 = $35,000
Add: March sale = 25% × $500,000 = $125,000
Add: April Sale = 70% × $300000 = $210000
Total Collection = $370000
Answer:
The correct answer is a. opportunity costs
Explanation:
The cost of opportunity is the best alternative that you sacrifice when you choose an option.
It represent the benefits that you misses out on when choosing one alternative over another.
In this case the best alternative you misses out, was buy a bank certificate of deposit, and at the end of the year would have had $1030.
Explanation:
Note, for private spending, <em>consumption</em> refers to purchases usually made for present needs, while <em>investment</em> refers to purchases that may provide. For government spending, <em>consumption </em>refers to purchase made to care for the immediate welfare or needs of those governed without any monetary benefits, while <em>investment </em>purchases are done with the perceived future benefits in mind.
<u>Private Spending</u>
- Laundromats buying washing machines = Investment
- People buying houses = Investment
- People buying newspapers = Consumption
- People buying food = Consumption
<u>Government Spending</u>
- Payment for public safety employees = Investment
- Building hospitals = Investment
- Building roads = Investments
- Buying military equipment = Investment
Ans
The expectation to happen to the price and quantity of a game of bowling in California during that year is:
d. Equilibrium price will be indeterminate and equilibrium quantity will go up.
Explanation:
Question mentions that their are 15 bowling alleys which have been opened in California. In the same year the channel ESPN has started its broadcasting of bowling on TV.
Due to this broadcasting the audience are involving more and getting interest in the sport.
So, the expectation to happen to the price and quantity of a game of bowling in California during that year is:
d. Equilibrium price will be indeterminate and equilibrium quantity will go up.
When the supply of the items remains same and the demand of the item increases in that case the equilibrium price goes down and equilibrium quantity goes up. Conversely follows when supply increases and demand decreases.