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vova2212 [387]
3 years ago
5

Why do you think it is important to choose the correct Business organization

Business
1 answer:
dexar [7]3 years ago
3 0

Not choosing the correct business organization to set up would become very costly for an individual hoping to start operations and this would result in business failure even before the business began operations.

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A company's $100, 8% preferred is currently selling for $85. What is the company's cost of preferred equity?
shutvik [7]

Answer:

9.4%

Explanation:

Kps = Dps/Pps x Dps = $100 x 8% = $8, Kps = 8/85 = 9.4%

5 0
3 years ago
The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed
lesya692 [45]

Answer: $30,600

Explanation:

First calculate the earnings for the year.

Revenue is given. Expenses are also given and come out of revenue. Dividends also come out of revenue as well.

Retained Earnings for the year is therefore,

Retained Earnings for the year = Revenue - Expenses - Dividends

= 62,000 - 44,900 - 2,300

Retained Earnings for the year = $14,800

This figure should be added to the retained earnings of the previous period to find the total balance.

= 14,800 + 15,800

= $30,600

$30,600 is the closing Balance on Retained Earnings after closing entries.

8 0
2 years ago
Which of the three economic systems (market, planned, and mixed) do you believe address the issue of scarcity the best?
Fofino [41]
Mixed because if everything its mixed up you won't no how much u have of something.
8 0
2 years ago
when comparing a retail business to a service business, the financial statement that changes the most is the
Leona [35]

Answer:

The income statement.

7 0
2 years ago
The Jabba Corporation manufactures the "Snack Buster" which consists of a wooden snack chip bowl with an attached porcelain dip
OlgaM077 [116]

Answer:

B) Yes No

Explanation:

7 0
3 years ago
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