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3 years ago

Which factor determines who a society will produce goods and services for?

Business

2 answers:

Firdavs [7]3 years ago

8 0

Capitalism, Communism, and Socialism

MakcuM [25]3 years ago

5 0

I'd say communism or capitalism
hope this helps!!!

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At December 31, 2020 Bramble Corp. had 298000 shares of common stock and 9800 shares of 6%, $100 par value cumulative preferred

Vika [28.1K]

Answer:

the earning per common share is $3.83 per share

Explanation:

The computation of the earning per common share is shown below

= Net income ÷ weighted number of outstanding shares

= $1,143,000 ÷ (298,000 shares)

= $3.83 per share

We simply divided the net income from the weighted number of outstanding shares so that the earning per share could be determined

hence, the earning per common share is $3.83 per share

5 0

3 years ago

Recording sales, returns, and discounts taken LO P2 Prepare journal entries to record each of the following sales transactions o

OLEGan [10]

Answer:

Apr. 1

Trade Receivable $6,600 (debit)

Sales Revenue $6,600 (credit)

Cost of Sales $3,960 (debit)

Merchandise $3,960 (credit)

Apr. 4

Sales Revenue $740 (debit)

Trade Receivable $740 (credit)

Merchandise $444 (debit)

Cost of Sales $444 (credit)

Apr. 8

Trade Receivable $2,800 (debit)

Sales Revenue $2,800 (credit)

Cost of Sales $1,960 (debit)

Merchandise $1,960 (credit)

Apr. 11

Cash $5,860 (debit)

Trade Receivable (credit)

Explanation:

Perpetual method of inventory keeps a record of cost of inventory after every sale.

Thus, for every sale transaction remember to recognize the Sales Revenue and the Cost of Sales that follow the sale.

For any returns, De-recognize the Sales Revenue - to the extend of the credit granted and also de-recognize the Cost of Sales to the extend of the value of Inventory returned.

4 0

4 years ago

You have $11,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with

iogann1982 [59]

Answer:

Invest $8,470 in X
Invest $2,530 in Y.

Explanation:

The following expressions can be formed;

Let x and y be the proportions

x + y = 1

0.15x + 0.1y = 13.85%

Expressing y in terms of x;

x + y = 1

y = 100 - x

0.15x + 0.1 ( 1 - x) = 13.85%

0.15x + 0.1 - 0.1x = 13.85%

0.05x = 13.85% - 0.1

x = 13.85%0.05 - 0.1/0.05

x = 77%

Invest 77% in X = 77% * 11,000

= $8,470‬

Invest in Y

= 11,000 - 8,470

= $2,530

5 0

3 years ago

One year ago, JK Mfg. deposited $12,000 in an investment account for the purpose of buying new equipment four years from today.

Lyrx [107]

Answer:

Total FV= $46,008.31

Explanation:

Giving the following information:

Deposit 1= $12,000

Deposit 2= $15,000

Deposit 3= $10,000

Interest rate= 0.055

To calculate the future value, we need to use the following formula on each deposit:

FV= PV*(1+i)^n

FV1= 12,000*(1.055^5)= 15,683.53

FV2= 15,000*(1.055^4)= 18,582.37

FV3= 10,000*(1.055^3)= 11,742.41

Total FV= $46,008.31

4 0

3 years ago

If overnight delivery makes you think of FedEx, what marketing strategy caused that association in your mind?

Lubov Fominskaja [6]

I Think it’s direct Mail I hope it helps

8 0

4 years ago

Read 2 more answers