Answer:
Different communication methods are used in different circumstances because sometimes a certain method will be more effective in terms of cost, time and impact, and sometimes it will be more appropriate.
Explanation:
Answer:
The answers are,
1) Perfectly Identical
2) many
3)takers
4)false
Explanation:
Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.
But since the Lettuce is a broad category, we can assume that it is a competitive market.
Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.
Answer:
1. <em>Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends</em> - Cumulative Shares
Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.
2. <em>Holders of the stock can receive dividends exceeding the stated rate under certain conditions - </em>Participating Shares
Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.
<em>3. Holders of the stock are not entitled to receive dividends in excess of the stated rate. - </em>Non- Participating Shares
Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.
<em>4. Holders of the stock lose any dividends that are not declared in the current year - </em>Non- Cumulative Shares
If their dividend is not declared in a certain period, they will forfeit that dividend for the period.
Answer:
The interest expense of $59,463 must be recognize on its 2020 income statement.
Explanation:
With the given data make an amortization schedule
Hint : First determine the Future Value of the 5-year note
PV = $750,000
N = 5
Pmt = - $195,327
P/yr = 1
i = 9.5%
Fv = 0
<em>Input the elements in a Financial Calculator.</em>
2019
interest expense = $71,250
2020
interest expense = $59,463
Conclusion :
The interest expense of $59,463 must be recognize on its 2020 income statement.
Answer:
Income Tax is referred to as the amount of money an individual is required to report and remit to the tax agencies for earning revenues. Also, it is the federal government's share from the individual's earnings which would be used for their public works projects such as building railways and sewage treatment.
The following amounts are taxable and not.
a. Salary, $44,000 (Yes
)
b. Dividends received, $600 (Yes
)
c. Share of partnership income, $4,000 (Yes)
d. Partnership distribution in the current year, $1,000 (No)
e. Partnership distribution in the following year, $600 (No)
f. State lottery winnings of $2,000 (Yes)