3 years ago

TB 01-85 Payment of accounts payable decreases both I...

Business

1 answer:

Eva8 [605]3 years ago

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Cullumber Corporation purchased 37000 shares of common stock of the Sherman Corporation for $52 per share on January 2, 2020. Sh

yawa3891 [41]

Answer:

Revenue from investment = 229,400

Explanation:

Given:

Purchased shares = 37,000

Value per share = $52

Sherman Corporation total shares = 100,000

Cash dividends = $162000

Net income = $620000

Find:

Revenue from investment = ?

Computation:

Revenue from investment = Net income (Purchased shares / Sherman Corporation total shares)

Revenue from investment = $620000 (37,000 / 100,000)

Revenue from investment = 229,400

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When examining the person-job fit of someone who is high in extroversion, we might expect that people high in extroversion wou

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Explanation:

An extrovert is a person who is at ease with communication, working in a company whose culture is effective communication will be a great fit.

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"a ________ is an order to buy or sell a set number of securities immediately at the best price available."

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<span>market order~~~~~~~~~~~~</span>

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Suppose demand and supply are given by qxd = 14 - (1/2)px and qxs = (1/4)px - 1 instructions: enter your responses rounded to th

Ivenika [448]

Answer: Equilibrium price is $20 and equilibrium quantity is 4 units.

Explanation: Equilibrium is a situation of rest, a situation where demand for a good is equal to its supply. The price that balance demand and supply is known as the equilibrium price.

$Q_{xd} = 14 - \frac{1}{2} P_{x}\\Q_{xs} = \[tex]Q_{xd} = Q_{xs} 14 - \frac{1}{2} P_{x} = \frac{1}{4} P_{x} - 1 14 + 1 = \frac{1}{4} P_{x} + \frac{1}{2} P_{x} 15 = \frac{3}{4} P_{x} 20 = P_{x}$ [/tex] = Equilibrium price

Equilibrium quantity is given by,

$Q_{xd} = 14 - \frac{1}{2} P_{x} = 14 - \frac{1}{2} * 20= 14 - 10= 4$

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Companies like hewlett-packard and frito-lay routinely monitor blogs to gain insight into

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