Answer:
Preferred stock for $500,000 and additional paid in capital for $200,000
Explanation:
Based on the information given The appropiate journal entry to record the stock issue will consist of a debit to cash for $700,000 and a credit to PREFERRED STOCK FOR $500,000 AND ADDITIONAL PAID IN CAPITAL FOR $200,000
Dr Cash $700,000
(10,000 shares *$70)
Cr Preferred stock $500,000
(10,000 shares *$50)
Cr Additional paid in capital $200,000
($700,000-$500,000)
Answer:
D) greater than 18.
Explanation:
The marginal product of the fourth dog trainer at Danica's Dog Training Emporium must be greater than 18, because otherwise, a fifth dog trainer, whose marginal product is specified to be 18, would not have been hired.
This is because marginal product is subject to the property of diminishing marginal returns, which establishes that for each additonal unit of labor hired, the additional output produced is less. For example, the first dog trainer at Danica's had to have a marginal product a lot greater than 18, the second dog trainer a bit less, the third trainer a bit less, and so on.
Firms hire up to the point where marginal product of labor equals the marginal cost of hiring.
Answer:
a decrease; an increase
Explanation:
The advantages of the trade-off between equality and efficiency are few and short-term because they affect economic growth. If the government tries to give money to the poor by taking it from the rich in the form of taxes increase the equality but at the same time, it affects the efficiency level of the whole economy. As long as rich people feel that they are being overpowered they work less which decrease the GDP and low overall efficiency.
Answer:
Home trade is the buying and selling of goods (with the aim of making profit) among people of the same country.
Explanation:
Answer:
a) $170,000
Explanation:
Total Sales = 200,000 X 2 = 400,000
-Sales Return = 400,000 X 5% = 20,000
=Net Sales = 380,000
-Cost of corrugated boxes = 200,000 X 1 = 200,000
=Gross Margin = 180,000
-Additional Cost = 10,000
=Operating profit = 170,000
