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3 years ago

Link between economic wants and preferences

1 answer:

7 0

Economic wants are the products and goods that people need and want; if they had unlimited purchasing power, they would want to obtain all of them.

In contrast economic preferences are compared to something, so while you might prefer one thing to another, you might not necessarily need it, or you might even need and want both of them!

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Rank the 1040 forms in order from simplest to most complex. a. 1040-A, 1040-EZ, 1040 b. 1040-EZ, 1040, 1040-A c. 1040-EZ, 1040-A

insens350 [35]

The correct option is C.
The personal income tax forms are three in number, one can choose any one that one finds suitable; there are lot of differences among these forms. The simplest and the shortest of the three forms is 1040EZ. The 1040-A is a bit more complex and the 1040 form is the most complex.

4 0

3 years ago

Read 2 more answers

York’s outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 sh

Arisa [49]

Answer:

total non-cumulative preferred stock dividends per year = 80,000 x 7.5% x $5 = $30,000

since the bonds are non-cumulative, if the dividends are not paid during one year, they are basically lost since they will not be paid in the future.

year

2015: $20,000 distributed to preferred stockholders

$0.25 per preferred stock
$0 to common stockholders

2016: $28,000 distributed to preferred stockholders

$0.35 per preferred stock
$0 to common stockholders

2017: $30,000 distributed to preferred stockholders, $170,000 distributed to common stockholders

$0.375 per preferred stock
$0.85 per common stock

2018: $30,000 distributed to preferred stockholders, $320,000 distributed to common stockholders

$0.375 per preferred stock
$1.60 per common stock

Dividends paid during the 4 year period:

Preferred stockholders received $108,000 in total

$1.35 per preferred stock

Common stockholders received $490,000 in total

$2.45 per common stock

3 0

3 years ago

Inadvertently, morris leaves his backpack at nuway launderers when he stops to pick up his clothes. the backpack is:____.

vova2212 [387]

If Morris leaves his backup at nuway launderers when he stops to pick up his clothes then the backup is a mislaid property.

Given that Morris leaves his backup at nuway launderers when he stops to pick up his clothes.

We are required to find what backup is.

The backup is basically a mislaid property.

Mislaid property is basically any belonging of a person that was purposefully set around its proprietor and after that they forgot about that. There is a difference between lost property and mislaid property, for instance, a wallet that drops out of somebody's pocket is lost but a wallet incidentally left on a table in an eatery is mislaid.

Hence if Morris leaves his backup at nuway launderers when he stops to pick up his clothes then the backup is a mislaid property.

Learn more about mislaid property at brainly.com/question/13720929

#SPJ4

4 0

2 years ago

Mervon Company has two operating departments: mixing and bottling. Mixing occupies 23,045 square feet. Bottling occupies 18,855

fiasKO [112]

Answer:

Mixing= $112,000

Bottling= $91,800

Explanation:

Giving the following information:

Mixing occupies 23,045 square feet

Bottling occupies 18,855 square feet.

Total sq= 41,900

Indirect factory costs include maintenance costs of $204,000.

First, we need to calculate the proportion of square feet for each department:

Mixing= 23,045/41,900= 0.55

Bottling= 18,855/41,900= 0.45

Now, we can allocate overhead:

Mixing= 0.55*204,000= $112,000

Bottling= 0.45*204,000= $91,800

7 0

3 years ago

Which one of the following positions would have salaries or wages that are classified as a factory overhead cost by a baking com

frutty [35]

<u>Answer: </u>

Out of the following positions, the position of the factory supervisor would have a salary or wage that is classified as a factory overhead cost by a baking company.

<u>Explanation: </u>

For a baking factory, professionals like a baker, a salesman, or the president of the company are mandatory to have.
The need for a factory supervisor arises only if it is devised or felt that the employees would not work properly if they are not monitored.
If such a need is not felt anymore, the salary of the factory supervisor would be considered as an overhead cost by the company.

7 0

3 years ago