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3 years ago

The Candle Shop experienced the following events during its first year of operations, Year1

Business

1 answer:

zhenek [66]3 years ago

3 0

Answer:

a) 1. Acquired cash by issuing common stock ⇒ Asset Source

2. Paid a cash dividend to the stockholders ⇒ Asset Use

3. Paid cash for operating expenses ⇒ Asset Use

4. Borrowed cash from a bank ⇒ Asset Source

5. Provided services and collected cash ⇒ Asset Source

6. Purchased land with cash ⇒ Asset Exchange

7. Determined that the market value of the land is higher than the historical cost ⇒ Not applicable

b) I used an excel spreadsheet because there is not enough room here.

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The following options it gives me are

kupik [55]

Answer:

There would be a surplus of 2,000 bags, and producers would be happy with the law.

Explanation:

Unlike a price floor that prevents the price of movie theater popcorn from falling below the equilibrium price level of $15, a price ceiling of $5 prevents the price of movie theater popcorn from rising above $20. When a price ceiling is set above the equilibrium price, the quantity supplied exceeds the quantity demanded by 2,000 packets of popcorn, and there will be a surplus supply.

5 0

3 years ago

The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs th

forsale [732]

The answer business. This is made up of association of people where they share a common purpose or interest in having to focus the talents that they have and to be able to organize these skills and offer this for their own benefit.

3 0

3 years ago

7. Assume that you manage a $10.00 million mutual fund that has a beta of 1.05 and a 9.50% required return. The risk-free rate i

Vadim26 [7]

Answer:

The correct answer is option (A).

Explanation:

According to the scenario, the computation of the given data are as follows:

First, we will calculate the Market risk premium, then

Market risk premium = (Required return - Risk free rate ) ÷ beta

= ( 9.50% - 4.20%) ÷ 1.05 = 5.048%

So, now Required rate of return for new portfolio = Risk free rate + Beta of new portfolio × Market premium risk

Where, Beta of new portfolio = (10 ÷ 18.5) × 1.05 + (8.5 ÷ 18.5) × 0.65

= 0.5676 + 0.2986

= 0.8662

By putting the value, we get

Required rate of return = 4.20% + 0.8662 × 5.048%

= 8.57%

4 0

3 years ago

What is meant by trading on the equity? (b) how would you determine the profitability of trading on the equity? chegg.

aleksklad [387]

Answer:

Trading on equity defines the increase in profit earned by the equity shareholders due to presense to financial charges.

When a company is higher the rate of interest on borrowed funds.so company should option for trading on equity.

Explanation:

hope it helps u

4 0

2 years ago

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to a. making more than the customer wants or more than y

motikmotik

Answer:

d. not encouraging employee ideas or undermining their efforts.

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to not encouraging employee ideas or undermining their efforts.

6 0

3 years ago