Answer:
B. Return on Equity = 3.17%
Explanation:
The return on common stockholder's equity is a profitability measure showing how much net return the company is providing on the equity invested by shareholders.
The equity of common stockholders is made up of Share capital and reserves. The common shares is just one part of equity.
To calculate the return on equity, the formula is:
Return on Common Equity = Net Income / Shareholder's Equity
Here, the Net income is 665 m while the shareholder's equity is 18000m.
Return on equity = 665 / 18000 = 0.0369 or 3.69% rounded off to 3.7%
So, B is the correct answer
Answer:
$
Material used 2,500
Direct labour 5,000
Overhead applied 200
Cost of goods sold 7,700
Explanation:
The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200 represents the overhead applied.
Expensive and time consuming, it is important to figure out beforehand exactly what problem needs to be solved.
Research expense must be budgeted before it is incurred so that the cost is available to be borne by the company.
<h3>What is research?</h3>
Research is expense carried by the company to develop a new product if the research meet the criteria it is capitalize as intangible and it will be amortize over its useful life once the development is available for use otherwise it will expense out in profit and loss statement.
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Answer:
a) Increase
b) Increase
c) Increase
d) Increase
e) Increase
Explanation:
a) The price of corn
The increase in the demand for corn will cause an increase in the price of corn
b) The quantity of corn supplied
The quantity of corn supplied will increase rapidly in the short run before equilibrium will be established in the market
c) The cost of producing soybeans and wheat crops will Increase due to the High demand for corn hence the supply will decrease as well
d) The price of cereals and other products produced from corn will Increase as well
e) The price of beef and other meat gotten from animals that fed on Corn will Increase as well because the cost of their feed will increase
