Answer: Electronic Meeting Systems.
Explanation: Electronic Meeting system as the name implies is a form of done on the Web where the participant are in different locations but communicate among themselves using a common online platform.
Electronic meeting systems breaks the distance barrier thereby enabling people miles apart to rub minds and brainstorm on issues they share in common.
Answer: Decrease in Assets
Decrease in Owner's equity
Explanation:
Cash account is an asset. Specifically a current asset. Current assets are assets that will be converted within a year. Taking the cash out of the cash account lowers the asset in the business. This will thus lead to a decrease in assets. And the asset will decrease on the credit side of the account.
Because Ramon took money out of the business, this is known as a withdrawal. A withdrawal is money the owner takes out of the organisation to use for his personal expenses. Withdrawals thus lower the cash in the organisation. However when an owner takes cash from the organisation, then this comes from the organisation's share capital. So the owner is basically cashing out a portion of his share in the organisation through this withdrawal. Share capital falls under equity. So when share capital decreases then it will lead to a decrease in equity. This will decrease on the debit side of the account.
Answer:
Dollar profit/loss= $4.6
Holding period of return = 9.68%
Explanation:
Janet bought a share of stock for $47.50
Dividend paid is $0.72
The stock was sold later at $51.38
The first step is to calculate the dollar profit/loss
= stock after a year - cost of stock + dividend paid
= $51.38 - $47.50- $0.72
= $4.6
The holding period return can be calculated as follows
= dollar profit/loss ÷ purchasing price of stock
= 4.6/47.50
= 0.0968×100
= 9.68 %
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