Answer:
public
Explanation:
A public good is a good that is non excludable and non rivalrous.
An individual's access to the pool does not limit another person's access
Also, the pool is free, so it is non excludable
Before his death, the pool was a private good
A private good is a good that is excludable and rivalrous.
The advantage of keeping your money in a savings account is that you can withdraw money whenever you want from your account.
<u>Explanation:</u>
Unlike the long term investments which are withdrawn only upon maturity.
The initial investment is also very low which is depending on the type of savings account., as compared to the long term investment.
People who need to frequently deposit or withdraw amount in their bank accounts prefers savings account.
It also deals with small amount withdrawn or deposit.
Answer:
The shareholders equity as of 31 December, 2018 is $32,240
Explanation:
Here for calculating the shareholders equity we will first have to find the total paid in capital of the Yellow enterprises and after that we will subtract the deficit balance that is remained in the retained earnings account, by doing this we will get the total paid in capital and retained earnings. Now we just have to subtract the treasury stock from the total paid in capital and retained earnings to get the remaining balance , which would be the shareholders equity of the Yellow enterprises.
so first step would be taking out total paid in capital =
common stock
+
paid in capital(excess of par)
+
paid in capital treasury stock
= 2700 + 31,500 + 1300
Total paid in capital = $35,500
Next step is to subtract deficit balance in retained earnings from this to get the total paid in capital and retained earnings =
total paid in capital - deficit balance in retained earnings
Total paid in capital and retained earnings = $35,500 - $3000
= $32,500
Now the last step for taking out shareholders equity we will subtract the treasury stock from the total paid in capital and retained earnings,
Shareholders equity = total paid in capital and retained earnings
-
treasury stock at cost
= $32,500 - $260
= $32,240
That’s the same thing I have in school
Answer:
The correct answer is $117,500
Explanation:
According to the scenario, the given data are as follows:
Sales for august = $110,000
Sales for September = $190,000
So, we can calculate the September cash receipts by using following formula:
Cash receipt from August = $110,000 × 55% = $60,500
Cash receipt from September = $190,000 × 30% = $57,000
Total cash receipt for September = Cash receipt from August + Cash receipt from September
= $60,500 + $57,000
= $117,500
