service
Please correct me if I'm wrong!! :)
Answer:
$13,000,000
Explanation:
Given that,
Total Book Value of Equity = $20,000,000
Common stock outstanding = 1,000,000 shares
Selling price per share = $33.00
Market value of equity:
= Selling price per share × Shares outstanding
= $33.00 × 1,000,000
= $33,000,000
O'Brien's MVA:
= Market value of equity - Total Book Value of Equity
= $33,000,000 - $20,000,000
= $13,000,000
The ability of one person or nation to produce more of a good while using the same quantity of resources as another is called an absolute advantage.
The ability of a party to provide an item or service more efficiently than its rivals is known as the principle of absolute advantage in economics. The idea of absolute advantage was initially put forth in the context of international trade by Scottish economist Adam Smith in 1776, using labor as the only input.
An economy has absolute advantage if it can create more things overall while using the same amount of inputs. Absolute advantage entails lower costs and the use of fewer resources to create the same amount of goods than in other economies.
Learn more about absolute advantage here
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Answer and Explanation:
The preparation of the multi-step income statement is shown below:
Blossom Company
Income Statement
For the Month January 2022
Revenues
Sales revenue $431,000
Less:
Sales discount -$7,800
Sales return -$12,000
-$19,800
Net Sales $411,200
Less: Cost of goods sold -$270,000
Gross Profit $141,200
Less: Operating expenses:
Freight out -$6,800
Insurance expense -$13,000
Salaries and wages expense -$45,000
Rent expense -$35,000
Total Operating expenses -$99,800
Operating Income $41,400
We simply deduct the expenses from the gross profit so that the operating income could arrive
Answer:
Punitive policies
Explanation:
Punitive policies are policies that inflict punishment.
Steven Levitt in his paper, juvenile crime and punishment found that relative punishment reduced juvenile crime by at least 60% percent.
I hope my answer helps you
