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2 years ago

What is the definition of liability

Business

2 answers:

julsineya [31]2 years ago

8 0

Lability refers to something that is constantly undergoing change or is likely to undergo change.

ohaa [14]2 years ago

6 0

A liability is a company's financial debt, liability arises during the debt or obligations during its course of work operations

hope i helped!

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On December 31, 2020, Brisbane Company had 100,000 shares of common stock outstanding and 28,000 shares of 6%, $50 par, cumulati

Shalnov [3]

Answer:

basic earnings per share = $1.14

diluted earnings per share = $1.02

Explanation:

net income = $178,905

preferred stocks = 28,000 x 6% x $50 = $84,000

January 1, 100,000 shares outstanding x 12/12 = 100,000

February 28, purchased -22,000 treasury stocks x 10/12 = -18,333

September 30, sold 5,800 treasury stocks x 3/12 = 1,450

total weighted average stocks = 83,117

diluted stocks = [($48 - $38) / $48] x 48,000 = 10,000

basic earnings per share = (net income - preferred dividends) / weighted average stocks = ($178,905 - $84,000) / 83,117 stocks = $1.14

diluted earnings per share = (net income - preferred dividends) / (weighted average stocks + diluted stocks) = ($178,905 - $84,000) / (83,117 + 10,000 diluted stocks) = $1.02

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3 years ago

<img src="https://tex.z-dn.net/?f=%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20" id="TexFormula1" tit

Novay_Z [31]

Answer:

market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale.

Explanation:

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8 0

2 years ago

Read 2 more answers

Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalue

Scorpion4ik [409]

The right answer for the question that is being asked and shown above is that: "Mr Chavez did not increase his assets or his net worth."
Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalued at S20000. That statement is true.

3 0

3 years ago

Read 2 more answers

Paney Company makes and sells calendars. The information on the cost per unit is as follows: Direct materials $1.50 Direct labor

Vsevolod [243]

Answer:

Break-even point (dollars)= $80,000

Explanation:

Giving the following information:

Variable costs:

Direct materials $1.50

Direct labor 1.20

Variable overhead 0.90

Variable marketing expense 0.40

Total variable costs= 4

Fixed costs:

The fixed marketing expense totaled $13,000

The fixed administrative expense totaled $35,000.

Total fixed costs= $48,000

The price per calendar is $10.

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 48,000/ [(10 - 4)/10]

Break-even point (dollars)= 48,000/0.6

Break-even point (dollars)= $80,000

3 0

3 years ago

Considering wacc, if the federal government suddenly stopped allowing deductibility of corporate debt interest, what would happe

mart [117]

Considering WACC, if the federal government suddenly stopped allowing deductibility of corporate debt interest, what would happen to the value of all corporations that issue step in their capital structure is that the risk of the project are the same as that of those other assets of the firm and would remain during the duration of the project and the project would support the same fraction of debt to value as the overall capital structure that remains constant for the life of the project. The weighted average cost of the capital or WACC is the company's average rate of return to compensate all its different investors and they represent the source of finance in the target capital structure of the company.

4 0

3 years ago