Answer:
B- Encourages innovation because successful innovators are rewarded with economic profits.
Explanation:
The competitive market system is largely encouraging as it keeps firms and companies on their toes, encouraging fresh ideas and work plans, aimed at getting ahead of other competitors in the market.
When these competitive strategies birth successful innovations, economic profits are made by the innovators as there is an<em> increased customer base, increased effectiveness and increased customer satisfaction</em> by meeting needs through fresh ideas. This creates a <em>consequential rice in profits which is the major target of every profit making organization.</em>
A tech company decides to pay dividends to shareholders out of its net earnings. this will decrease its
This program automatically uses a shareholder's dividends to acquire additional shares of a firm's outstanding or newly issued stock.
If a organisation pays inventory dividends, the dividends lessen the agency's retained earnings and boom the common stock account. stock dividends do not bring about asset changes to the balance sheet but as a substitute affect only the equity aspect with the aid of reallocating a part of the retained earnings to the commonplace inventory account.
Dividend- A dividend is the distribution of a organisation's income to its shareholders and is determined by means of the company's board of administrators. Dividends are frequently dispensed quarterly and can be paid out as cash or in the shape of reinvestment in additional stock.
The dividend yield is the dividend per proportion and is expressed as dividend/price as a percent of a organisation's proportion charge, along with 2.five%.
not unusual shareholders of dividend-paying corporations are eligible to obtain a distribution so long as they very own the stock earlier than the ex-dividend date.
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Profit = $40,000
Given,
Total sales are $500,000
Total fixed costs are $300,000
Contribution margin ratio is 68%
Solution:
Profit = Total Sales × Contribution margin ratio − Total Fixed costs
= $500,000 × 68% − $300,00
=$340,000 −$300,000
Profit =$40,000
Profit:
Profit; also known as net income is the financial gain acquired when the amount of revenue generated by a company exceeds costs and expenses. Profit is the bottom line of a company′s income statement that shows the financial performance during the period.
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Yes the large drug companies guilty of price gouging or of charging an unfair or exploitative price for their products and no <span>americans shouldnt be permitted to import drugs from canada or other countries</span>
Answer:
Explanation:
Loan 3000000
Interest 4%
There are three steps to solve correction of errors entries
Step-1 what entry have been made
Step-2 what should be the actual entry.
Step-3 what should be net entry to make it correct.
Step-1 what entry have been made
Accrued Expense payble 3000000*4% 120000
Cash 120000
Wrong entry that has been in books. instead of recording expense we have reduced the liability by debiting it.
Step-2 what should be the actual entry.
interest Expense 3000000*4% 120000
Cash 120000
The correct entry that should have been made
Step-3 what should be net entry to make it correct.
interest Expense 3000000*4% 120000
Accrued Expense payble 3000000*4% 120000
Now we have debited the expense that should be recorded and to increase the laibility we have credited the liability that have been decreased in entry 1.
