Answer:
See explain
Explanation:
There are 4 factors of production, land labor entreprenuership and capital.
The land of the jewellery shop would be the actual land that the store is on itself. The labor of the shop would be any of the work that any employees are doing. The capital would be any goods or machinery that is used in the store like cash registers, or bulletproof glass to protect their belongings, or any tools that the store uses to help make their jewellery etc. The last and final factor entrepreneurship might be for example the owner of the store, who manages the other 3 factors to bring a profit to the store.
When there is highly inelastic supply of the factor and highly inelastic demand of the factor, in these situations the owners supply factors of production are the most likely to earn economic rent. So, the answer should be:
factors of production are the most likely to earn economic rent when they are highly inelastic supply of factor and highly inelastic demand of the factor.
Answer:
5.5%
Explanation:
The underwriting spread = $0.66 per share
the percent underwriting spread = ($0.66 / $12) x 100 = 5.5%
The underwriting express is the fee that the underwriter of the stock (usually an investment bank) will charge the company for carrying out the transaction, either an IPO or simply issuing more stocks.
Answer:
Gutierrez Company
Cash Flow statement
for the year 2017
$
Net Income 225,000
+ Depreciation 45,000
+ Decrease in receivable 15,000
+ Increase in payable 17,000
+ Decrease in prepaid expenses <u> 4,000 </u>
Net cash flow from operating activities <u>306,000</u>
Explanation:
Depreciation is an non cash expense so it will be added to the net profit for the calculation of cash flow from operating activities. Decrease in receivable, Increase in payable and decrease in prepaid expenses result in the inflow of cash. So, they are all added in the operating income value.
Answer:
$2700 supplies in hand
$3600 Supplies expense
Explanation:
As you can see in question data Sheldon has already counted the supplies in hand so, we only have to calculate supplies expense by doing some minor workings
WORKINGS
Supplies Expense = Opening + purchases - payment made
Supplies Expense = $1600 + $4700 - $2500
Supplies Expense = $3600
