Answer:
b. −1,002.5
Explanation:
economic profit = accounting profit - opportunity costs
- accounting profit = revenue - maintenance and insurance = $96,000 - $30,240 = $65,760
- opportunity costs = the lost salary as a computer programmer + money he could earn by selling the land lot and investing = $48,000 + ($395,000 x 4.75%) = $66,762.50
economic annual profit = $65,760 - $66,762.50 = -$1,002.50
Answer:
The correct answer is letter "A": Division of Corporate Finance.
Explanation:
The Division of Corporate Finance is a body of the U.S. Securities and Exchange Commission (SEC) in charge of monitoring if publicly traded companies disclose enough information for investors to make informed decisions. The Division of Corporate Finance is also responsible for reviewing new institutions filings to go public by checking their Financial Statements, Form 10-Ks -company's performance, Form 10-Qs -quarterly financial reports, and proxy materials for voting among others.
The division does not disclose the criteria of evaluation to ensure integrity in the process.
Answer:
Share capital in the shareholders equity section
Explanation:
The balance sheet is structured according to the accounting formulae
Asset = Liabilities + Owners Equity
When a company raises capita by the issuing of securities or is referred to as share capital.
The securities issued are common stock or preferred stock.
There is a maximum amount that a company can raise from the sale of shares and this is called authorised share capital.
Share capital is a line item that is reported under Owner equity section of the balance sheet.
Answer: True.
Explanation:
The business model of a company is a business organization's plan to operate business. The business model covers the product the company intends to sell, the customers their products are aimed towards and the budgeted cost of running the business.
Answer:
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