Answer:
Explicit, explicit and implicit
Explanation:
The accounting cost is the cost that generally includes the payment related to the wages, rent, price of the products etc
While on the other hand, the economic cost is the cost that involves both type of cost i.e. explicit and implicit. The implicit cost is generally the opportunity cost
This is the answer but the same is not provided in the given options
Answer:
A. Debit Unearned rent revenue for $1,200 and Credit Rent revenue for $1,200
Explanation:
The Journal entry is shown below:-
1. Cash Dr, $7,200
To unearned rent revenue $7,200
(Being six month advance rent is recorded)
2. Unearned rent revenue Dr, $1,200
($7,200 ÷ 6 months) × 1 month
To Rent revenue $1,200
(Being rent earned is recorded)
The price-earnings ratio for Hennessey Chicken and Waffles would be 4.90
<h3>What is price-earning ratio(PE)?</h3>
PE ratio is known as the price per earnings ratio. It is the ratio of share price of a company to its earnings per share. The higher the PE ratio, the higher the prospects of higher future performance.
The Price/Earnings Ratio (P/E Ratio) can be calculated as:
= Market Value / Earnings per Share.
First, we need to calculate the net income
Net Income
= Sales x profit margin
= 594500 * 4%
= $23,780
Earnings per share
= (Net profits after taxes – Preferred dividends) / Number of shares of common stock outstanding
= ($23,780 - 0) / 2,750
= $8.65
Therefore,
P/E ratio :
= Market Value / Earnings per Share.
= $42.40 / $8.65
= 4.90
Hence, the price-earnings ratio would be : 4.90
Learn more about price-earnings ratio here: brainly.com/question/18802904
The Sixth Amendment guarantees the right of criminal suspects to have an attorney defend them in court. This right does not depend on the defendant's ability to pay attorneys' fees. If the defendant cannot afford one, the government must provide one.
An amendment is a formal or official change to a statute, treaty, constitution, or legal document. It is based on the verb 'change' which means 'to change for the better.
Changes may add, remove or update portions of this Agreement. They are often used when it is better to modify a document than to create a new one. Only legislative bodies are involved in the change process.
learn more about amendments here. brainly.com/question/458137
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