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3 years ago

Which of the following statements is correct?

Business

1 answer:

Gwar [14]3 years ago

8 0

Answer:

C) For a closed economy, the sum of private saving and public saving must equal investment.

Explanation:

In a closed economy, public savings (or budget surplus) = tax revenue - government spending

Private savings = aggregate spending - taxes + government transfers - private consumption

National savings = investment = public savings + public savings

For a closed economy, the savings-investment spending identity states that national savings and investment spending are always equal.

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Shelby Corporation was organized in January to operate an air-conditioning sales and service business The charter issued by the

Vedmedyk [2.9K]

Answer: Please refer to Explanation

Explanation:

This is how the stockholders' equity section of the balance sheet at December 31 should look like,

STOCKHOLDERS'S EQUITY

Contributed Capital

Common Stock (29000 shares x $ 1 par) $29,000

Preferred Stock (19500 shares x $ 10 par) $195,000

Paid in Capital in excess of Common Stock at par ($841000 - $29000) $812,000

Paid in Capital in excess of Preferred Stock at par (19500 shares x ($39 - $10)) $565,500

Total Contributed Capital (sum of all of the above) $1,601,500

Retained Earnings ( $59,000 - $10,000) $49,000

Total Stockholder's Equity (Retained Earnings to contributed cap) $1,650,500

If you need any clarification do comment.

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3 years ago

Zirconia Fantasy sells only necklaces. 8 comma 000 units were sold resulting in $ 240 comma 000 of sales revenue, $ 60 comma 00

Naya [18.7K]

Answer:

$66,667

Explanation:

Contribution margin = Sales Revenue - Variable cost = 240000-60000 = 180000

Percentage of contribution margin = Contribution margin / sales revenue = 180000 / 240000 = 75%

Breakevent point in total sales = Fixed costs / Percentage of contribution margin

= 50000/0.75 = $66,667

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3 years ago

The newly industrializing country that has competitive electronics and other light industries but which specializes in banking a

Lerok [7]

The country that is being described in the statement given above is Hong Kong as they are considered as a newly industrializing country in which they have the capabilities of competing in regards with electronics and to specialize in the category of trade and banking.

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3 years ago

Now that you have studied the active and passive voice, what do you think when someone in government or business says, "Mistakes

Nikitich [7]

Answer:

The sentence is unethical if there is a clear responsability on the mistakes. If the mistakes were made, and no one can be truly held accountable for that, then, the sentence is not unethical.

Explanation:

For example, if the government is corrupt, and officials actively commit embezzlement, the phrase "mistakes were made" is unethical because it is diverting the personal responsability of the corrupt officials.

But if for example, there is a volcano eruption, and the goverment tries its best to avoid casualties, but because of some involuntary mistakes some people still die, the phrase is not unethical because the mistakes were not voluntary and the consequences of those were not intended.

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3 years ago

A benefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. A proof of purchase

crimeas [40]

Hey there,

A benefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. A proof of purchase is often needed in all of the following situations except: Equipment rental
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~Jurgen

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3 years ago

Read 2 more answers