Answer:
(D) Cost
Explanation:
Due to change in economy overtime it is not easy to predict the cost of a long term project. Also different states and or countries have different inflation rates, therefore it is not easy for the committee that will spend a decade travelling the world to balance performance in the are of cost. Long term budget needs to be flexible to cover increase and decrease in the economy.
Answer: common stockholders
Explanation: Stockholders are in essence the owners of a business. The difference between common stockholders and preferred stockholders when it comes to deciding the fate of the company is that preferred stockholders do not have voting rights while common stockholders do. So, common stockholders elect the board of directors.
Bondholders do not have any say in the running of a business, whatsoever.
Answer:
Entry is given below
Explanation:
Entry for factory labor cost
DATE ACCOUNT DEBIT CREDIT
DEC 31 Work in Progress(w) $97,780
Factory overhead $6,340
Wages payable $104,120
Working
Work in progress = 3,860+4,300+24,500+18,600+7120+7400+32,000
Work in progress = 97,780
NOTE: Work in progress is sum of all direct labor cost
Factory Overhead = all indirect labor cost which is only $6,130
Answer:
$321 per share.
Explanation:
Given that
Annual cash flows = $18,000
Number of shares outstanding = 100
Dividend per share = $180
Required rate of return = 8%
So by considering the above information, the present value of the share of a stock is
Present value of share = Dividend received × Present value of $1 received every year at the end of year 2 at 8%
= $180 × 1.7832
= $321 per share.
Answer: A country where minimum wage is set at 1% of median wage.
Explanation:
The minimum wage is the lowest income that employers can pay their employees.
The median wage is the midpoint of wages earned by workers in the society. Workers who earn median wage implies that half of the workers in the economy earn more than them and the remaining half less than them.
From the portions given, unemployment will mostly occur in a country where minimum wage is set at 1% of the median age. For example let's assume the median age is $10 per hour in the United States. This implies that minimum wage will be $0.1. Nobody will really want to work for an amount which is so low which in turn, leads to great unemployment.
