Answer:
The correct answer is option C.
Explanation:
Dollar bills in the modern economy will be used as money because they serve as a medium of exchange, store of value, and unit of account. They have no independent value as a commodity apart from these uses.
This makes the exchange function of money easier. People will not hoard dollar bills for other purposes as it has no intrinsic value on its own. It is just a piece of paper.
Answer:
If Schmaltz pays the same amount of dividends, its payout ratio will:
change.
Explanation:
Since the revenue and costs will change in the current year, with some increase in the corporate income tax rate by the IRS, the earnings per share will also change. If the amount of dividends paid out does not change, the payout ratio will still change as a result of the change in the earnings per share.
Schmaltz's payout ratio shows the relationship between the dividends paid to shareholders and the company's earnings. The simplest way to calculate the payout ratio is to divide the dividend per share by the earnings per share, then multiplied by 100.
Answer:
$11,750
Explanation:
The computation of bad debt is shown below:-
Bad debt expense = Estimated allowance for uncollectible at the year end - Existing balance in allowance for uncollectible account credit balance
= ($314,000 × 4%) - $810
= $12,560 - $810
= $11,750
Therefore for computing the bad debt expenses we simply applied the above formula.
Answer:
the person makes his own decisions regarding the business
The gains in producer surplus in this country because of the tariff is. $22.00.
A surplus is if you have extra of something than you want or plan to use. For example, whilst you prepare dinner a meal, when you have meals ultimately after all people have eaten, you've got got a surplus of meals. a number of belongings in extra of what's considered necessary to fulfill liabilities. adjective. 5. being a surplus; being in extra of what's required. surplus wheat.
Surplus budget means, at any given date, the extra coins and different diagnosed belongings which are predicted to be resolved into coins or its equal withinside the herbal route of activities and with an inexpensive certainty, over the liabilities and important reserves on the identical date.
Learn more about surplus here
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