Answer:
I'm assuming because they need more construction workers because nobody wants to have a job like that anymore
Answer:
The correct answer is False because preferred dividends don't normally grow.
Explanation:
The preferred stock is an action that gives the holder an extra privilege, usually of an economic nature, with respect to what we commonly know as ordinary shares.
For example, the holder of a preferred stock has a higher hierarchy in the collection of dividends or in the distribution of the remaining equity in the event of bankruptcy by the company.
As with ordinary shareholders, preferred shares do not expire, but however, unlike ordinary shares, preferred shares do not legitimize their right to vote at ordinary or extraordinary shareholders meetings, nor do they assign some participation in the capital of the company. Likewise, the profitability of preferred shares is also not guaranteed, because it is linked to obtaining benefits.
Answer:
The journal entry to be recorded for the payment of the note on date of maturity is shown below:
Explanation:
The journal entry to be recorded for the payment of the note on date of maturity is as follows:
Notes Payable A/c..........................Dr $9,000
Interest expense A/c......................Dr $148
Cash A/c..........................................Cr $9,148
Being payment of the note payable is reported on the maturity date
As on the day of the payment, the cash is going out of the business which means assets is decreasing and any decrease in assets is credited. Therefore, the cash account is credited. And the notes payable is paid so the notes payable account is debited and interest expense account will also be debited.
Working Note:
Interest expense = $9,000 × 10% × 60/ 365
Interest expense = $148
The above assertion is true.
True: Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction and overproduction of a product
<h3>Efficiency losses</h3>
Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction and overproduction of a product.
In conclusion, we can conclude that the correct answer is True
Learn more about efficiency losses here: brainly.com/question/1569441
Answer:
<em>Pay </em><em>the </em><em>balance</em><em> </em><em>in </em><em>full </em><em>at </em><em>the </em><em>end </em><em>of </em><em>the </em><em>month</em><em> </em><em>and </em><em>no </em><em>interest</em><em> </em><em>is </em><em>charged.</em><em> </em>
