Answer:
the solutions are below.
Explanation:
1. The wages and utility bills that Andrew pays is <u>explicit cost</u>
2. The rental income Andrew could receive if he choose to rent out his showroom <u>is implicit cost</u>
3. The salary Andrew could earn if he worked as a financial advisor s an <u>implicit cost</u>
4. The wholesale cost for the boats that Andrew pays the manufacturer is an <u>explicit cost.</u>
<u></u>
<u>accounting profit = </u>revenue - explicit cost
= 793000-[430000+301000]
=$62000
<u>Economic profit = revenune - [explicit cost + implicit cost]</u>
<u>= </u>793000-[430000+301000+50000+15000]
= 793000-796000
= -$3000
<u></u>
<u></u>
<u></u>
<u></u>
<u></u>
Answer:
a. Sometimes candidates unpopular with the party leadership reach the top.
Explanation:
Under the primary system there is voting on the ballots which is secret in nature and under the caucus system people vote after listening to the individual nominees and then accordingly to the candidate they like.
In this manner, the candidates who are not even belonging to some recognized or popular parties are in leadership as their individual speech is too alluring to the people present for voting that they vote for that specific candidate.
Thus, the correct answer is:
Statement a.
Answer:
Austin Grocers
1. Projected 2017 Net Income
= $102 million
2. Expected Growth Rate in Dividends
= 6.25% (2/32 x 100)
Explanation:
a) Income statement (in millions of dollars):
2016 2017
$'millions $'millions
Sales $700 $840
Operating costs
including depreciation 500 630
EBIT $200 $210
Interest 40 40
EBT $160 $170
Taxes (40%) 64 68
Net income $96 $102
Dividends $32 $34
Addition to
retained earnings $64 $68
b) Sales for 2017 = $840 million ($700 x 1.2)
c) Operating costs for 2017 = $630 million ($840 x75%)
d) Taxes for 2017 = $68million ($170 x 40%)
e) Dividend payout ratio = Dividend/Net Income = 33.33%
f) Growth Rate in Dividends = Dividend Increase/Previous year's dividend x 100 = 6.25% (2/32 x 100)
Answer:
American feel their democracy is the best based on his uniqueness and authenticity with respect to political institution, parties and interest groups.
The house of congress will not be the same if there is only on single chamber for a common ground for discussion and the coming together of legislative in one chamber
In the legislative house, there consist of both the upper and lower houses, who makes laws and institutes the constitutional execution for the benefit of the nation.
Explanation:
American Politics in Comparative Perspective: American have the believe that their democracy is the best in terms of uniqueness and authenticity than other countries of the world. with this they feel they have put a tremendous amount of work for their democracy to be the best in the world. The people of America thinks in regarding the areas of political institution, culture, interest group, political parties it is unique.
In the Legislative house, there are two houses which are, the upper legislative house and the lower legislative house.
The Congress would not be the same if only there is a single chamber that will have a common ground for discussion and the assembly of the legislative will be put in the single chamber only. the two l houses of legislation have a different methods to meet the compliance of the constitution. If the single chamber is available, then there will be an approach common for all the legislative processes and legislature will be taken away from the single chamber only.
Under an institutional configuration losers will be with the winners in the house and they will implement the constitutional drives in the house and make sure the nation meets its constitutional implementation for benefit of the nation
Answer:
Debit : Dividend $8,000
Credit : Shareholders for dividends $8,000
Explanation:
We recognize equity item - dividend and a liability - shareholders for dividend on declaration date.
Dividend = 80000 shares x $10 x 10% = $8,000
