Answer:
identify conditions to be explored all the more altogether
Explanation:
Analytical procedures are used in reviews and are generally an important part in comparing data. Analytical procedures include correlations of various monetary and operational data, to check whether authentic connections are proceeding ahead into the period under audit. It also helps to understand the client's business operations in detail, and it also assist in identifying the changes required.
Confident people are more likely to take risks which leads to success and happiness.
Answer:
Fox Resources
Units of common stock in issue = $5,000,000 divided $20 = 250,000 units
A. Earnings per share = Net income (after deducting preferred stock interest) divided by number of outstanding shares in issue
We assume the Net income provided already has deducted interest on preferred stock
= 600,000/250,000
= $2.4
B. Price Earning Ratio
= share price divided by the Earnings per share
= 20/2.4
= 8.33
C. Dividend Per share
= Dividend paid divided by number of common stock issued & outstanding
= $125,000/250,000
= $0.50
Answer:
Prices ensure an equal distribution of goods and services among consumers.
Explanation:
The price mechanism helps in the efficient allocation of resources. There are a number of functions performed by the price mechanism. Prices send signals regarding resources. An increase and decrease in prices reflect surplus and deficit.
Price balances the demand and supply of a product. Price is inversely related to demand and positively related to the supply of a product. It is determined by the interaction of demand and supply and helps in balancing supply and demand.
For instance, an increase in demand would increase the price, this higher price will motivate the suppliers to increase quantity supplied thus balancing demand and supply.
Price helps in coordinating economic activities and helps buyers and sellers in decision making. However, they do not help in equal distribution of goods and services among consumers.
