The correct answer is (C)
Explanation: Utility is the satisfaction derived out of a product. Combinations of two goods within the consumer's income or budget line can only be used which are attainable. It depends on individual to choose any combination out of several. Here in this case consumer is spending only on one commodity that means other good is comparatively low which means utility generated out of other good is less.
Answer:
directing
Explanation:
with directing you instruct your employees on what to do thus providing focus
Answer:
A Partner's capital sharing ratio is defined as the percent of partnership assets (capital) that would be allocated to the partner upon liquidation of the partnership
Explanation:
Partnership refers to an agreement between two or more individuals who have mutually agreed to share profits and losses in a business in a particular pre-specified ratio or as per the provisions of the partnership deed.
A Partner's capital sharing ratio refers to the proportion of capital, individual partners hold in a partnership, which would be paid to them in the event of liquidation of the partnership.
Liquidation refers to the closure of partnership by mutual agreement or in the event of insolvency of individual partners.
Partners are subject to federal income tax on the profits which represent their individual share.
Answer and Explanation:
The computation is shown below:
The formula is
APR = P × {(EAR + 1 )^(1 ÷ P) - 1}
1. For semi annually
= 2 × (0.106 + 1)^(1 ÷ 2) - 1}
= 10.33%
2. For monthly
= 12 × (0.115 + 1)^(1 ÷ 12) - 1}
= 10.93%
3. For weekly
= 52 × (0.092 + 1)^(1 ÷ 52) - 1}
= 8.81%
4. For infinite
= 365 × (0.129 + 1)^(1 ÷ 365) - 1}
= 12.10%
Answer: $80
Explanation:
From the question, we are informed that prior to May 1, Fortune Company has never had any treasury stock transactions and that a company repurchased 160 shares of its common stock on May 1 for $8,000. The price per share will be:
= $8,000/160
= $50 per share
The balance in paid capital as at May 1 will be 0.
On July 1, it reissued 80 of these shares at $52 per share. This means that there is an increase of ($52 - $50) = $2 per share.
The balance paid on capital as at July 1 will be:
= $2 × 80
= $160
On August 1, it reissued the remaining treasury shares at $49 per share. This mean that there is a reduction of $1 per share.
The balance paid on capital as at August 1 will be:
= -1 × $80
= -$80
The balance in the Paid-in Capital, Treasury Stock account on August 2 will now be:
= $160 - $80
= $80