Medical school, and internship and residency program
Answer:
<u>December 31, 2018</u>
Debit : Dividend $40,000
Credit : Shareholders for dividends $40,000
Explanation:
When dividends are declared, we Debit an Equity Element - Dividend and Credit the Liability - Shareholders for dividends.
Calculation of this dividend is made on the stockholders in existence at the on a stated date (January 15 in this case) and at par value ($2) as follows :
Dividend = 100,000 x $2.00 x $0.20 = $40,000
Answer:
B) Leave the equilibrium price unchanged.
Explanation:
Oligopolistic market is the arrangement where few companies offer same product to the customers. There is very less competition in the market so every supplier has fair chance for operating their business successfully. The kinked demand model curve in oligopolistic market would leave the equilibrium price unchanged.
Answer: A, B, and C. ALL OF THE ABOVE!
Explanation:
They're all the correct answer.
Answer:
<em><u>It would generate a financial disadvantage for 62,800</u></em>
Explanation:
It would generate a financial disadvantage for 62,800
Because the product, while is having a loss, their contribution cover is enought to cover at least the avoidable fixed cost.