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3 years ago

Identify which of the following statements is true.

Business

1 answer:

Papessa [141]3 years ago

6 0

Answer:

B. If both the current and accumulated E&P have deficit balances, a corporate distribution cannot be characterized as a dividend.

Explanation:

The statement written in the option B is correct.If both accumulated and current E&P have low balances,then we cannot corporate distribution as dividend rest of the options are false.Hence the answer is option B.

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At $180, a firm can sell 18,100 stereo earphones (3.5 mm for android). These are premium earphones, guaranteed for 5 years. At t

kifflom [539]

Answer:

revenue falls by $167,005.08

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

When elasticity of demand is less than 1, demand is inelastic

Demand is inelastic if a small change in price has little or no effect on quantity demanded.

change in percentage demanded when price falls by 11% = 11% x 0.6 = 6.6%

Quantity demanded increases by 6.6%

Increase in quantity demanded = 18,100 x 1.066 = 19,294.60

decrease in price = 0.89 x $180 = $160.20

change in total revenue

(180 x 18,100 ) - ( $160 .20 x 19,294.60)

= 3,258,000 - 3,090,994.92

=167,005.08

6 0

3 years ago

Adjustments help to ensure that all revenues are recorded in the period in which they are:______

Andrew [12]

Answer: made

Explanation: In simple words, adjustment in accounting refers to the transactions that are not recorded in the accounts yet but actually belongs to it with respect to the time period of their occurrence.

There are generally five types adjusting entries accrued revues, accrued expenses, deferred revenues, deferred expenses and deprecation expenses. Such entries are usually made at the end of the year in their respective accounts.

5 0

3 years ago

You estimate you'll need $200,000 per year for 25 years starting on your 65th birthday to live on during your retirement. Today

Rudiy27

Answer:

$66,909

Explanation:

Calculation for How much must each deposit be (rounded to the nearest $10)?

First step is to calculate the PV using financial y

N= 25

PMT= 200,000

FV= 0

i/y= 9

PV= ?

Hence,

PV= 2,141,322

Now let How much must each deposit be by finding the PMT using financial calculator

N= 15

FV= 2,141,322

PV=0

i/y= 9

PMT= ?

Hence,

PMT=$66,909

Therefore How much must each deposit be is $66,909

4 0

3 years ago

A working group convened by NASAA has developed a model fee disclosure schedule to help investors better understand the costs in

WARRIOR [948]

Answer:

Correct Answer:

C) issuance of a stock certificate

Explanation:

In the model developed by group working for NASAA which was to disclose model fee and cost involved in doing business with them, it would disclose all associated cost involved. <em>The only thing it would not disclose would be regards to stock certificate issuance since it falls outside their perview.</em>

7 0

3 years ago

Which of the following government offices help individuals fund their college education?

Doss [256]

D. office of student federal aid

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3 years ago