Answer:
The correct answer is (b)
Explanation:
Socioeconomic cultural is one of the important factors that can help a business to grow and expand. Changes in socioeconomic environment can positively and negatively affects the sales. In this case of Fabtabix, the socioeconomic change has positively affected their business that is why it is growing over the past few years. Fashion conscious is a sociocultural component.
In Texas, the dual budgeting system consists of separate budgets from The legislative and executive branches. This is further explained below.
<h3>What is
a dual budgeting system?</h3>
Generally, Both the legislative and executive arms of government in Texas are responsible for creating their own budgets under the state's dual budgeting system.
In conclusion, Therefore, the dual budget process offers a division of tasks that often has more to do with historical structures, political goals, prospective funding sources, and institutional capabilities than with the actual nature and purpose, including accurate description, of the expenditures themselves.
Read more about the dual budgeting system
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Answer:
Option (d) 7 times
Explanation:
Data provided in the question:
Net income = $250,000
Dividends paid to common stockholders = $50,000
Common stock outstanding = 50,000
Selling price of the common stocks = $35
Now,
The price-earnings ratio is calculated as:
⇒ ( Stock price ) ÷ ( Earnings per share )
also,
Earnings per share = ( Net income ) ÷ ( common stock outstanding )
= $250,000 ÷ 50,000
= $5
or
Price-earnings ratio = $35 ÷ $5
or
Price-earnings ratio = 7 times
Option (d) 7 times
Answer:
General partnership
Explanation:
General partnership is a business organization, whereby two or more partners agrees to share the profit, loss and liability that arises from business operation. What this means is that each partner actively participate in the operations of the business and should the company owe any debt, any of the partners may be sued for the business debt including seizure of the owners assets.
One of the advantages of general partnership is the ease of flexibility to structure their business as they deemed fit hence are able to closely monitor and control operations.