Answer:
True
Explanation:
Return on equity calculated by dividing net income with total outstanding shares. When you repurchase shares total outstanding shares are reduced by the quantity purchased. Assuming the net income is constant the Return on equity will be higher as now net income is being divided by the lesser number of shares. So this is a true statement.
Explanation:
The journal entry is shown below:
Salary expense Dr $72
To Salary payable $72
(Being the salary expense is recorded)
The computation is shown below:
= Weekly payroll ÷ Number of days in a week
= $360 ÷ 5 days
= $72
While recording this adjusted journal entry we debited the salary expense and credited the salary payable
Answer:
Option A is correct
Explanation:
The reason is that the control of the financial asset is not delivered to the investor as the investment is more than one companies and management of investments in a number of companies to diversify the income arising from these investments. Option B is not the definition of foreign direct investment. It is the definition of Portfolio investments. Option C is also incorrect because it is partially correct because the portfolio investment includes selling of financial assets too.
C. A board of directors :)
I think the correct answer is no answer