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3 years ago

Select the correct answer.

1 answer:

3 0

The value of the second-best alternative that a person gives up when making a choice represents the opportunity cost. The answer is C.

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What do the europeon union and the world trade organization have in common

JulijaS [17]

The European union and the World trade organization have trade policy as common.

<u>Explanation: </u>

World Trade Organization (WTO) comprises governments and border control territories that establish, implement, and enforce international trade rules. European Union and the individual EU Member States are members of WTO.

To make sure that rules-based global trade process, the WTO is involved. Despite the deadlock in negotiations, ways are being examined to upgrade WTO rules and tackle new international challenges.

New developments in the WTO trade rules have been brought about by the coming into effect of the Trading Facilitation Agreement in February 2017. Parliament passes legislation in conjunction with the Council under the Treaty of Lisbon and has a major accountability role on global trade policy.

4 0

3 years ago

DiCenta Corporation reported net income of $270,000 in 2020 and had 50,000 shares of common stock outstanding throughout the yea

Stels [109]

Answer:

Explanation:

Basic and diluted Eps

Basic EPS = profit after tax-preference share dividend / w. Avg No.of shares

Basic Eps

Income 270000

Tax 20% 54000

Pat 216000

Dividend 5*5000 -25000

191000

W.Avg No. shares 50000

Basic EPS 191/50 3.82

Diluted Eps

PAT 191000

Add back Dividend of assumed conversion of pref. shares 25000

Total Income 216000

Total No of share 60000*

Diluted Eps 216000/60000 3.6

*Common Stock = 50000

Add Assumed Conversion of Pref. shares = 5000*2 = 10000

Total Shares = 60000

8 0

3 years ago

The founder of Alchemy Products, Inc., discovered a way to turn lead into gold and patented this new technology. He then formed

Tasya [4]

Answer:

a. The book value and market value of the firm is $1,200,000 and $49,200,000 respectively

b. The price per share and the book value per share is $24.60 and $0.60 respectively

Explanation:

a. The computation of the book value and market value of the firm is shown below:

The book value = Invested amount = $1,200,000

The market value = Invested amount + sales value

= $1,200,000 + $48,000,000

= $49,200,000

b. The computation of the price per share and the book value per share is shown below:

Price per share = Market value of firm ÷ Number of shares

= $49,200,000 ÷ $2,000,000

= $24.60

Book value per share = Book value of firm ÷ Number of shares

= 1,200,000 ÷ $2,000,000

= $0.60

7 0

4 years ago

Neon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that throu

Airida [17]

Answer:

a. Cash freed up by cash management:

= Amount received * speed increased by + Amount disbursed by speed reduced by

= 2,550,000 * 2 days + 1,110,000 * 1/2 days

= 5,100,000 + 555,000

= $‭5,655,000‬

b. Interest on freed up cash:

= ‭5,655,000‬ * 7%

= $‭395,850‬

c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.

4 0

3 years ago

On December 1, Watson Enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with Erikson Co

Lera25 [3.4K]

Answer:

Interest expense $80

Explanation:

the journal entry to record the issuance of the note:

December 1, 202x, note issued in replacement of account payable

Dr Accounts payable 24,000

Cr Notes payable 24,000

the journal entry to record accrued interests payable is:

December 31, 202x, accrued interests payable

Dr Interest expense 80

Cr Interests payable 80

Interest expense = $24,000 x 4% x 1/12 = $80

8 0

3 years ago