Answer:
D. rightward shift of the production possibilities curve.
Explanation:
Production possibility curve shows all the two combinations of goods that can be produced in an economy given its resources and technology.
Shift of the possibility possibility curve to the right shows that technological progress has occurred. This shows economic growth.
When production is taking place at a point within the curve, production is inefficient. A point outside the production possibilities curve is unattainable. Movement from a point inside to a point outside the production possibilities curve shows that the economy is moving from inefficency to an unattainable production point.
Movement from a point near the vertical axis to a point near the horizontal axis on the production possibilities curve means more of a product is been produced and less of another product is been produced.
I hope my answer helps you.
Answer:
Dr Cash $332,775
Cr Bonds payable $290,000
Cr Premium on bonds payable $42,775
Explanation:
Preparation of the journal entry to record the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017
Based on the information given the journal entry to record the issuance of these bonds will be:
Dr Cash ($290000/100*114.75) $332,775
Cr Bonds payable $290,000
Cr Premium on bonds payable ($332,775-$290,000) $42,775
(To record issuance of bonds)
They are reffered to as an janitor / cleaning service
Answer:
metropolitan .....................................
Answer:
New EPS will be equal to $2.92
Explanation:
It is given equity = $144300
Stock outstanding = 6500
Excess cash of the company = $14652
Net income =$18000
It is given company decides to use 50% of its excess cash to complete stock purchase.
Price per share will be equal to
$
Number of shares repurchased =
New EPS =
So new EPS will be equal to $2.92