Answer:
ABC's retained earnings balance at the end of April is $11,400
Explanation:
The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries
Net income for the month=$2,000+$900-$800-$700=$1400
Retained earnings at month end=opening retained earnings+net income
Retained earnings at month end=$10,000+$1,400=$11,400
Answer:
The correct answer is: Emotional contagion.
Explanation:
The emotional state of an individual can be affected by the exposure to emotional expressions of others around which means that the emotional state can be transferred from one person to another even in online interactions through a process called emotional contagion.
Emotional contagion implies an individual connecting its emotions to others' moods which is likely to be reflected in both parties' behavior.
Answer:
C. The speed with which general prices are rising
Explanation:
Inflation measures the rate at which the general prices of goods and services are increasing in an economy. During inflation, the purchasing power of a country's currency is eroded. Inflation means a selected basket of goods will cost more this period than it did in the previous season.
The consumer price index or CPI is the most acceptable index used in determining the rate of inflation. Inflation may result from high economic growth where firms and individuals have increased incomes resulting in too much money in circulation. A moderate level of inflation is required to promote spending and sustain favorable economic growth.
Answer:
a. a majority of both shareholders and directors must approve.
Explanation:
Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy
- The Board of directors first have to propose a resolution regarding disposition which has to be approved
- Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
- Such approval must be obtained by majority of the votes cast in it's favor.
In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.
Answer:
3000
1500
Explanation:
For each of the answers in this question I have added the formulas to solve them in the attachment below
1.
(45-39)*5*100
= 3000
2.
(45-39)-3 x5 x100
= $1500
