Answer:
The correct answer for option (a) is $1.6 per share and for option (b) is decrease in cash and retained earning.
Explanation:
According to the scenario, the computation for the given data are as follows:
(a) We can calculate the amount that firm can pay in cash dividend by using following formula:
Amount to pay in cash dividend = $40,000 ÷ 25,000
= $1.6 per share
(b). If the cash dividend is $0.80 per share than the cash and retained earning can be calculated as follows:
Cash and retained earning = $0.80 × 25,000 = $20,000
As $20,000 is less than previous, than it will decrease the cash and retained earning.
Answer:
1. X1=884-19.18
X2=884+19.18
2. It is unreasonable to conclude the population mean is $350
Explanation:
Kindly check the attached picture for detailed explanation and answer
Answer:
The resources are allocated by the combined actions of the firms and the households and the central planning authority like the government.
Explanation:
Market economy is the economy where the demand and the supply laws direct the production of the services and goods. The supply involve the labor, natural resources and capital. Demand comprise of purchases by the consumers and the government.
In the market economy, the resources are allocated by the decisions of the firms and the households who are interacting in markets. It is an economy where the most economic decisions are the consequence from the interaction of the sellers and the buyers in the market but the government also plays a very vital role while allocation of resources are done.
Ending capital for the month = The month's beginning capital + Additional capital inflow for the month - additional capital outflow for the month
For example: if had $500 at the beginning of a month, you got a dividend of $100 during the month and also spend $50 on entertainment during the month, the ending capital would be 500 + 100 -50 = $550
