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lara31 [8.8K]
3 years ago
14

Which of the following statements is correct?

Business
1 answer:
Alik [6]3 years ago
8 0

Answer:

d

Explanation:

A stockholder is an investor that purchases shares in a company. A stockholder is regarded as the owner of the company.

According to accounting information :

Stockholders' equity = total assets - Total liabilities.

Stockholders' equity is the claim a shareholder has on a company's assets after total liabilities have been subtracted

The historical cost principle requires assets to be recorded at its historical cost regardless of changes in the value of the asset

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Consider the​ following: Year Population ​(Millions) Real GDP ​($ Billions) GDP Deflator 2018 121 2019 125 Calculate the percent
horrorfan [7]

Answer: 3.59%

Explanation:

Real GDP per capita is the Real GDP divided by the population of the country.

Real GDP per Capita 2018

= 1,150,000,000/ 10,080,000

= 114.0873

= $114.0873

Real GDP per Capita 2019

= 1,430,000,000/ 12,100,000

= $118.1818

Percentage Change

= \frac{118.1818 - 114.0873}{114.0873}

= 3.59%

5 0
3 years ago
What is the Current Ratio given the following information?
azamat

Answer:

The correct option is B that is 0.45

Explanation:

Computing the Current Ratio with the formula which is as:

Current Ratio (CR)  = Current Assets (CA) / Current Liabilities (CL)

where

Current Ratio (CA) is $477.50

Current Liabilities (CL) is $1075

Putting the values in the above formula of Current Ratio (CR):

= $477.50 / $1075

= 0.444 or 0.45

Note 1: Inventory will not be included while computing the current ratio, as it is already been added in the current assets. Therefore, there is no need of adding it twice in the Assets.

Note 2: This is the correct formula for computing the current ratio and I computed the same with the given information, so it 0.45 is the correct answer.

8 0
3 years ago
Read 2 more answers
Leonore's Luxury Leather Footwear Corp. conducted a SWOT analysis and determined that at least 57% of consumers would demand hig
FinnZ [79.3K]

Answer: Forecast.

Explanation:

The predicted increase in sales of of the Leonore's Luxury Leather footware is an example of a forecast of future events. A forecast is an estimation of an event or trend that would possibly occur in the future.

3 0
3 years ago
XYZ Corp issued $600,000 of 9% , 10-year bonds on June 30,2020, for $562,500. This price provided a yield of 10% on the bonds. I
Rom4ik [11]

Answer:

c. $18, 750

Explanation:

The computation of the amount of interest expense i.e. accrued is shown below:

= Issued amount × yield on the bonds × given months ÷ total number of months in a year

= $562,500 × 10% × 4 months ÷ 12 months

= $18,750

The 4 months is calculated from July 1 to October 31

Hence, the correct option is c. $18,750

5 0
3 years ago
Which psychographic or lifestyle trend does this study support
melisa1 [442]

Answer:

where is the study at?

Explanation:

3 0
3 years ago
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