Answer:
$100 per share
Explanation:
Complete question: <em>As a result of the stock dividend, Euclid's per share basis is $?</em>
<em />
The Total stock is 500 shares for $50,000 Basis = 50,000 / 500 = $100
Hence, Euclid's per share basis is = $100 per share
Answer:
lawyer's computer.
Explanation:
For the economist a stock is capital that can earn income or good that person holds and can sold for a particular price.
In this case the lawyer's computer is a good that the lawyer owns and can be exchanged for money. Also the lawyer can use the computer to help treat court cases thereby earning income.
Answer:
E supply curve and the demand curve shift to the left.
Answer:
no
Explanation:
no because no is no but yk
Answer:
The correct answer is letter "D": The use of a higher estimated life and a higher residual value will lower the annual amount of depreciation expense recognized on the income statement.
Explanation:
Depreciation distributes the cost and cost over the useful life of the assets of tangible and real assets. A business could depreciate an asset over a period of up to thirty years, depending on the type of asset it is. There are many depreciation methods but, among the most common we can find the <em>Straight-line method, the Double Declining Balance method</em>, and <em>the Units of Production method</em>. As long as the estimated life of the asset and its residual value is high, the amount filed for the depreciation will be lower.