Answer:
E. sum of the dividend yield and the capital gains yield is 3.1 percent.
Explanation:
According to the scenario, computation of the given data are as follow:-
As we know that ,
Total Return Price = (Dividend ÷ Beginning year price) + Ending year price - Beginning year price
= Dividend Yield + Capital Gains Yield
So according to the analysis, option(E) sum of the dividends yield and the capital gains is 3.1 percent is correct.
Answer:
Fixed overhead allocated to ending inventory= $96,000
Explanation:
Giving the following information:
Production= 48,000
Sales= 40,000
Fixed manufacturing overhead= $576,000
First, we need to calculate the unitary fixed manufacturing overhead:
Unitary fixed manufacturing overhead= 576,000/48,000= $12
Fixed overhead allocated to ending inventory= 12*8,000= $96,000
A. A decrease in assets and decrease in Stockholders' equity.
B. No journal entry in necessary until products under warranty are returned.
C. An increase in stockholders' equity and a decrease in liabilities.
D. A decrease in stockholders' equity and an increase in liabilities.
Answer: D. A decrease in stockholders' equity and an increase in liabilities.
Explanation: Liability can simply be described as debt or what is owed by a firm, whereas the equity of the stockholders refers to assets or possession of a firm once liabilities have been deducted. In the scenario above, the expected returns have not been made as envisaged based on data from previous years, the 3% expected return which is covered by warranty will be added to liability which means liability increases as the buyers are either refunded or issued new helmets. Once liability increases, stockholders equity will also decrease as it involves the deduction of liabilities.
Answer:
Principal
Explanation:
The principal has the right to abolish the relation or set the objectives of the agent and allocation of task and authority delagated to the agent. This control is given to principal by law to protect his interests.
