Answer:
Ask him which one is the best choice
Explanation:
An interest-bearing account is an account that generates interest income on the available balance in the account.
What is an interest-bearing account?
An interest-bearing account computes interest based on the balance outstanding on the loan or investment account, for instance, a monthly compounding deposit account where the interest paid on the account on monthly basis on the available balance before interest computation.
There also non interest-bearing account which only promises a particular amount when the deposit or investment account matures rather than paying on the balance.
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Answer:
d. charge a stand-by passenger more than $100.
Explanation:
Marginal costs are compared with marginal revenue to determine if addition sale or production of an extra unit is viable. Marginal cost refers to the extra expense associated with an additional unit, while marginal revenue is the gain from the sale of an extra unit. For a business to make profits, marginal revenue should be equal or exceed marginal cost.
For the airline company, the marginal cost of an extra passenger is $100. If the company is to benefits from the many vacant seats, it must sell an extra ticket at a price greater or equal to the marginal cost. The company must sell a ticket to any stand-by passenger for more than $100.
Answer:
a. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend.
- 1) $7 per stock
- 2) $7 per stock
b. Indicate the balances in the three stockholders? equity accounts after the stock dividend shares have been distributed.
- Common stock $589,050
- Paid-in capital in excess of par - common stock $83,550
- Retained earnings $625,400
Explanation:
since it is a "small" stock dividend, it will be carried out at market value and not at par value.
the total number of stocks = $535,500 / $7 par value = 76,500 stocks
total transaction = 76,500 stocks x $14 x 10% = $107,100
the journal entry should be:
Dr Retained earnings 107,000
Cr Common stock 53,550
Cr Paid in capital in excess of par value 53,550
total common stock account = $535,500 + $53,550 = $589,050 / 84,150 stocks = $7 per stock
The price system is an important component of the market because it coordinates the activities of producers, consumers, and owners of resources.
The answer to this question is option c. In economics the price system can simply be described as the way of organizing economic activities.
In order to do this, it coordinates the decisions of the buyers, the suppliers or the producers, and the owners of productive resources.
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