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3 years ago

What do economists mean when they use the word "land"?

Business

2 answers:

Alja [10]3 years ago

6 0

To refer to all natural resources used to produce goods and services.

Ede4ka [16]3 years ago

4 0

In economics, the resource that encompasses the natural resources used in production

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On december 1, 2016, escobar consulting, which uses a calendar year as its fiscal year, signs a $4,000, 12%, four-month note pay

loris [4]

The journal entry to record the payment of the note and entire interest on april 1, 2017 is as follows; Debit Notes Payable $4,000, Debit Interest Expense 120, Debit Interest Payable 40, <span>Credit Cash $4,160.

April 1,2017
Notes payable $4,000
Interest expense $120
Interest payable $40
Cash $4,160</span>

7 0

3 years ago

For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance. Debit Effect

salantis [7]

Answer:

Debit Credit

A Bonds payable Decrease Increase

b. Unearned Service Revenue Decrease Increase

c. Depreciation Expense Increase Decrease

d. Common Stock Decrease Increase

e. Buildings. Increase Decrease

f. Rent Revenue. Decrease Increase

Explanation:

Debit Credit

A Bonds payable Decrease Increase

Bonds payable are a form of long term debt usually issued by corporations, hospitals, and governments.

b. Unearned Service Revenue Decrease Increase

Unearned Service Revenue is a liability account that is used to record advanced collections from clients. In other words, it pertains to revenue already collected but the service has not yet been rendered

c. Depreciation Expense Increase Decrease

Depreciation expense is the amount of depreciation that is reported on the income statement.

d. Common Stock Decrease Increase

Common stock is a security that represents ownership in a corporation.

e. Buildings. Increase Decrease

A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory

f. Rent Revenue. Decrease Increase

Rent Revenue is the title of an income statement account which (under the accrual basis of accounting) indicates the amount of rent that has been earned during the period of time indicated in the heading of the income statement.

7 0

3 years ago

Where did martha stewart work before she came an entrepreneur?

Zina [86]

Martha Stewart is a Lifestyle guru and businesswoman. She was born Martha Kostyra, on August 3, 1941, in New Jersey.
Martha Stewart started her work as a model at the age of 13, she used to appear in fashion shows as well as television and print advertisements. She also<span> started a catering business in the late 1970s. Soon she was known for her gourmet menus and unique, creative presentation.</span>

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4 years ago

Nick, a history teacher, told his superiors that he was sexually harassed by another superior. When the schedule for the next se

MrMuchimi

Answer:

The answer is a. retaliation.

Explanation:

Retaliation occurs when an employer punishes an employee for engaging in legally protected activity. Retaliation can include any negative job action.

4 0

3 years ago

eaver Chocolate Co. expects to earn $3.50 per share during the current year, its expecteddividend payout ratio is 65%, its expec

Agata [3.3K]

Answer:

cost of equity = 13.36 %

Explanation:

given data

earn = $3.50

ratio = 65%

growth rate = 6.0%

common stock currently sells = $32.50

flotation cost = 5%

to find out

cost of equity from new common stock

solution

we get here cost of equity from new common stock that is express as

cost of equity = $\frac{D1}{Po-(1-f)}$ + g ...................1

here D1 is expected dividend and Po is current price and g is growth rate and f is flotation cost and

D1 = 3.50 × 0.65

so from equation 1 we get

cost of equity = $\frac{3.50*0.65}{32.50(1-0.05)}$ + 6%

cost of equity = 0.1336

cost of equity = 13.36 %

5 0

4 years ago