Answer:
The correct answer is letter "A": in order to transfer net income (or loss) and owner’s drawings to the owner’s capital account.
Explanation:
A Closing Entry is a journal entry after an accounting period has finished. It closes all the temporary accounts and transfers the details to either a permanent balance sheet or an account of an income statement. Temporary accounts include<em> revenues, expenses, </em>and <em>dividends </em>and must be closed at the end of the accounting year.
<em>The main objective of closing entries is to transfer the Net Income, whether positive or negative and the owner's withdrawals to the owner's equity account.</em>
Answer:
a) $10.48
b) $11
c) option b would make investors better off
Explanation:
stock's current market price = $11
dividend per stock = $285,000,000 / 549,000,000 stocks = $0.5191
ex-dividend price per stock = stock's current market price - dividend per stock = $11 - $0.52 = $10.48
in a perfect capital market, the repurchase of stocks should not change Natsam's stock value, so it should remain at $11 per stock.
part c is missing, but I looked for similar questions and found this:
"c) In a perfect capital market, which policy in part (a) or (b) makes investors in the firm better off?"
Answer: A customs union requires all members to have a common external trade policy with non-union members.
Explanation: The feature that differentiates a customs union from a free trade area is that a customs union requires all members to have a common external trade policy toward non members. Free trade areas are permitted to negotiate different tariffs with different countries, contrary to the operation of customs unions.
Answer:
The correct answer is letter "B" and "D": the right to vote; the right to a fair trial.
Explanation:
The <em>right to vote </em>and <em>the right to a fair trial</em> are considered political rights. They involve all rights related to procedural fairness in law such as the seek for legal remedy and the rights of participation in the civil society like freedom of association, right to petition or right to assemble.