Answer:
b.requires that economic data be reported in yen in Japan or dollars in the United States
Explanation:
According to the monetary unit assumption, the transaction of the business are recorded in terms of monetary units
That means only that transactions are recorded which are in terms of money
. If the transactions are not in terms of money than the same is not under the monetary unit assumption
As in the given options, the japan currency is yen and the currency of the united states is dollars that reflect the monetary unit
A century ago workers needed to develop the manual, industrial skills required for making things today workers in the postindustrial economy must develop the intellectual skills required to manipulate symbols.
A post-industrial economy is a period of growth within an industrialized economy or nation in which the relative importance of manufacturing reduces and that of services, information, and research grows.
Industrial Skills Training is a branch of training designed to develop the skills and knowledge required of workers in the process and manufacturing industries
Learn more about post-industrial economy here
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Answer:
c. 31.4%
Explanation:
As we know that
Contribution margin ratio is
= Contribution margin ÷ Sales revenue × 100
where,
Contribution margin is
= Sales revenue - Variable manufacturing expense - Variable selling and administrative expense
= $1,920,000 - $957,000 - $360,000
= $603,000
And the sales revenue is $1,920,000
So, the ratio is
= $603,000 ÷ $1,920,000 × 100
= 31.40%
Answer:
7.73%
Explanation:
The computation of the cost of preferred stock is shown below:
As we know that
Cost of preferred stock = {Annual dividend ÷ (price - flotation cost)} × 100
where,
Annual dividend = 6.0% × $100 = $6
Flotation cost = $80 × 0.03 = $2.4
And, the price is $80
So, the cost of preferred stock is
={$6 ÷ ($80 - $2.4)} × 100
= ($6 ÷ 77.6) × 100
= 7.73%
We simply applied the above formula
