Organization Expenses Dr 7,500
Cash 7,500
June 14 Cash Dr 120,000
Common Stock 110,000
Paid-In Capital in Excess of par value—Common 10,000
June 22 Cash Dr 120,000
Preferred Stock 90,000
Paid-In Capital in Excess of par value—Preferred 30,000
Answer:
The B/C ratio if Podunk uses a cost of money of 4% is 0.99
Explanation:
In order to calculate the B/C ratio if Podunk uses a cost of money of 4%, we would have to use the following formula:
B/C ratio = PW BENEFITS / PWCOSTS
PW BENEFITS = $18,000 (P/A, 4%,12) + $3,500(P/G, 4%, 12) = $334,298
PW COSTS = $175,000 + $17,500(P/A. 4%,12) = $339,238
Therefore, B/C ratio = $334,298 / $339,238
B/C ratio = 0.99
Answer:
1) 9.5 times.
Explanation:
Accounts Receivable Turnover Ratio = Net Credit Sales / Average Accounts Receivable
Average accounts receivable = beginning accounts receivable + closing accounts receivable / 2
= $800,000 + $900,000/2
=$1,700,000 /2
=$850,000
Accounts Receivable Turnover Ratio = $8,040,000/$850,000
Accounts Receivable Turnover Ratio = 9.4588
=9. 5
Answer:
Tell me about yourself.
What are your strengths?
What are your weaknesses?
Why do you want this job?
Where would you like to be in your career five years from now?
What's your ideal company?
What attracted you to this company?
Why should we hire you?
Explanation:
They are basic questions :]
Answer:
Market failure.
Explanation:
In this scenario, the port became so congested such that ships now have to wait hours queing every day just to dock. The mayor of New Monopoly realizes that the congestion at the port costs the shipping companies and his town money. This is an example of market failure.
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market. Thus, the demand of the consumer of these goods and services are not being met with the level of supply (output) required i.e the forces of demand and supply are not efficient in producing the level of output required by the economy.
Some of the causes of market failure are imperfect information, monopoly, oligopoly, externalities etc.