Answer:
b. $14,660,000
Explanation:
The computation of retained earnings at the end of the year is shown below:-
Retained earnings = Beginning retained earning + Net income - Stock dividend - Cash dividend
= $11,000,000 + $5,000,000 + $500,000 - $840,000
= $14,660,000
Working Note :-
Stock Dividend = 400,000 × 5% × $25
= $500,000
Cash dividend = (400,000 + (400,000 × 5%) × $2
= 420,000 × $2
= $840,000
Answer:
The answer is: D) is a more convenient location to hold the trial.
Explanation:
A change of venue happens when a case is transferred from a court in one location to a court in a different location. It can be requested if it is convenient for the parties in a lawsuit.
In this case both Eduardo and Delia live in Georgia, so if a trial is held there, they would need to travel and probably hire local lawyers which can be time consuming and expensive. Eduardo can argue that by holding the case in Georgia benefits both Delia and him.
Answer:
According to utility analysis, the consumer will be in equilibrium when he is spending money on goods in such a way that the marginal utility of each good is proportional to its price. Let us assume that, in his equilibrium position, consumer is buying q1 quantity of a good X at a price P1.
Explanation:
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In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
<h3>What are forward and futures contracts?</h3>
The difference between a forward and futures contract lies in their establishment.
A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.
Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
Learn more about forward and futures contacts at brainly.com/question/15581105
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Answer:
$81,500
Explanation:
As per the data given in the question,
The computation of the cost of goods manufactured is shown below:
Before that first we need to do following calculations
Direct material = $12,000 + $23,000
= $35,000
Direct labor = $11,000 + $20,000
= $31,000
Overhead applied = 50% of direct labor
= 50%×$31,000
= $15,500
Cost of goods manufactured = Direct material + Direct labor + Overhead applied
= $35,000 +$31,000 + $15,500
= $81,500
