Answer:
"A"
Explanation:
Restrictive covenant is a form legally binding agreement , used in trading and employment contracts ,that confines buyer to certain conditions and keep them away from some others.This means that a legal suit can be initiated if violated. It can be further grouped into non-compete ,non-solicitation and non disclosure and confidentiality agreement.
Due to its legal and enforceable nature , it takes priority over less restrictive zoning ordinances.
Answer:
The answer is: liquidating dividend should be $62.07.
Explanation:
Let denote the amount of liquidating dividend to be X => The present value of liquidating dividend amount is X/1.1^4; given discount rate is 10% and liquidating dividend will be paid in 4 year times.
We have:
Present value of regular dividend stream + Present value of liquidating dividend = Current share price
=> (2.4/10%) x [1 - 1.1^(-4) ] + X/1.1^4 = 50 <=> X/1.1^4 = $42.39 <=> X = 1.1^4 x 42.392 = $62.07.
So, The answer is: liquidating dividend should be $62.07.
Answer:
a.
Explanation:
Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.
Examples: Revenue earned, expenses incurred etc.
There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.
The two methods of presenting cash flow statement are:
- Direct method: Operating activities section under direct method reports the amount of cash received and paid by the company during the period.
- Indirect method: Operating activities section under indirect method reports the net income and later adjusts the transactions to convert it to cash basis of accounting.
Depreciation expense is a non-cash operating expense. Thus, it is added back to the net income to derive net cash inflow from operating activities section of the cash flow statement.
The answer is that a more equal distribution of a given
amount of income will increase the total utility of consumers. Income
Inequality is common nowadays and is considered to be a market failure. Three
causes of falling wages and the rise of income inequality is due to technology,
trades and institutions. Large wages focuses on workers with high levels of
education and skills.
Answer:
Option B
Cost of goods reported =$ 125,000
Explanation:
<em>Overheads are charged to units produced by the means of using an estimated overhead absorption rate. This rate is computed using budgeted overhead and budgeted activity level.
</em>
As a result of this, overhead charged to total units product might be over or under absorbed compared to the actual amount incurred.
<em>The under applied overhead implies that the applied overhead is less than the actual overhead. </em>
This implies that the cost of the goods are under valued. Hence, to accurately valued them, the under applied overhead would be added to the cost of the goods.
Cost of goods reported = cost of goods + under applied overhead
= 120,000 + 5,000 = 125,000
Cost of goods reported =$ 125,000
