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Alexeev081 [22]
3 years ago
15

There are external benefits associated with the production of batteries. Without government regulation, the market will:

Business
1 answer:
Kipish [7]3 years ago
4 0
The market will crash......without regulations.
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On January 1, 2014, Dodd, Inc., declared a 15% stock dividend on its common stock when the fair value of the common stock was $3
jeka94

Answer: $540,000

Explanation:

Given that,

Fair value of the common stock = $30 per share

Common stock, $10 par value, authorized 200,000 shares;

issued and outstanding 120,000 shares  = $1,200,000

Additional paid-in capital on common stock  = $150,000

Retained earnings  = $700,000

Total stockholders' equity  = $2,050,000

Declared a dividend of 15%:

=  120,000 × $30 × 15%

= $540,000

Since, dividends are paid out Retained earnings. Therefore, retained earnings will decrease by an amount of $540,000.

7 0
3 years ago
If the required reserve ratio is 10%, actual reserves are $10 million, and currency in circulation is equal to $20 million, M1 w
Pie

Answer:

The correct answer is E

Explanation:

M1, M2 and M3 are the terms which measure the money supply of United States, referred to as money aggregates.

The formula for computing the M1 is as:

M1 = coins as well as currency in circulation + checkable or demand deposit + traveler checks

where

Currency in circulation is $20 million

Demand deposit is as:

= Required reserve × Actual reserve

= 10 ×  $10 million

= $100 million

Putting the values above:

M1 = $20 million + $100 million

M1 = $120 million

8 0
3 years ago
How would a payment for rent paid in advance be classified? Multiple Choice Claims exchange transaction Asset use transaction As
kvv77 [185]

Answer:

Asset exchange transaction

Explanation:

Prepaid rent is an asset exchange transaction because cash (asset) is credited while prepaid rent (also an asset) is debited.

Rent paid in advance is recorded as follows:

Dr Prepaid rent

    Cr Cash

As the months go by, the prepaid rent is credited and rent expenses is debited.

Dr Rent expense month 1

    Cr Prepaid rent month 1

4 0
3 years ago
A student wants to determine what type of cereal his classmates like best. he buys three of his favorite puffed rice cereals and
FrozenT [24]

The answer is D The students conclusion shows experimental bias

3 0
3 years ago
The following costs were incurred in September:
aleksley [76]

Answer:

Option (d) is correct.

Explanation:

Given that,

Direct materials = $44,200

Direct labor = $31,800

Manufacturing overhead = $25,200

Selling expenses = $22,100

Administrative expenses = $37,100

Conversion cost:

= Direct labor + Manufacturing overhead

= $31,800 +$25,200

= $57,000

Therefore, the conversion costs during the month totaled $57,000.

5 0
3 years ago
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