Answer:
The correct answer is letter "B": Owning a share means you own a percentage of the company.
Explanation:
A share which is also called a stock is a <em>corporate or financial asset ownership unit</em>. Owning some shares in the business entitles the holder to a proportionate amount of the company's profits. Profits are called dividends when they are paid to shareholders.
Answer: 1. $690 (favorable)
2. $9045 (favorable)
Explanation: These can be computed as follows :-
Labor rate variance = Actual labor cost - (standard rate * actual hours)
= $139,380 - ( $20.1 * 6900 hours )
= $690 (favorable)
.
Labor efficiency variance = ( Actual hours - standard hours ) * (standard rate )
= [6900 hours - (1500 units * 4.3 hours) ] * ($20.1)
= $9045 (favorable)
Answer:
Interest will be $5000
So option (A) will be correct option
Explanation:
We have given principal amount P = $500000
Rate of interest = 6 %
Time is November 1 to December 31
So time = 2 months = 0.1666 year
Interest is given by
Interest 
So option (a) will be correct option
Answer and Explanation:
1. Interest Revenue $23,000
Sales Revenue $510,000
To Income Summary $533000
(Being closing of revenues accounts are closed)
2. Income Summary $453,000
To Sales returns $20,000
To Sales Discounts $7,000
To Cost Of goods sold $310,000
To Freight out $2,000
To Advertise Exp $15,000
To Interest Exp $19,000
To Salaries & Wages $55,000
To Utility $18,000
To Depreciation $7,000
(Being closing of expenses accounts are closed)
3. Income Summary $80,000
To Retained Earning $80,000
(Being profit is recorded)
4. Retained Earning $30,000
To Dividends $30,000
(Being closing of dividend is recorded)
Answer:
business, management, and administration cluster
Explanation:
Business Management and Administration Career Cluster emphases on careers in planning, organizing, directing, and evaluating business functions.
