Answer:
Explanation:
Production in itself is the conversion of inputs to outputs.
Factors of production are the resources that make this conversion of input to outputs possible. These include;
Labour- is the physical and mental effort contributed. It is rewarded by wages or salaries.
Land - includes the soil itself, natural trees, raw materials like minerals and oil found underneath. Its reward is rent.
Capital - includes machinery, chemicals and equipment (tractors, robots). Its reward is interest.
Entrepreneurship- is the drive to develop an idea, take risks and use the other three factors of production to produce goods or services. Its reward is profit.
Answer:
13.28%
Explanation:
return on stockholders' equity = net income after taxes and preferred stock dividends / average stockholders' equity
- net income = $1,429,000
- preferred stocks dividends = 8,000 stocks x $75 x 6% = $36,000
- average stockholders' equity = ($10,317,000 + $10,662,000) / 2 = $10,489,500
return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%
Answer:
The journal entries are as follows:
(i) Insurance expense A/c Dr. $160
To prepaid insurance $160
(To record the insurance expense)
Workings:
Insurance expense = cost of insurance policy ÷ 36 months
= $5,760 ÷ 36 months
= $160
(ii) Advertising expense A/c Dr. $1,160
To prepaid advertising $1,160
(To record the advertising expense)
Workings:
Advertising expense = cost of advertisement ÷ 24 months
= $27,840 ÷ 24 months
= $1,160
Answer:
Please check the attached image for the answer.
Explanation:
Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life
($48,000 - $8,000) / 4 = $10,000
The depreciation expense each year is $10,000.
I hope my answer helps you
Answer:
Valuable; Rare
Explanation:
The Green Building Initiative (GBI) can be seen as an initiative international effort towards creating sustainable, resource-efficient buildings.
Therefore Sustainability tend to focus on meeting the needs of the present without been compromising the ability of future generations in order to meet their needs.
Therefore The capabilities used to create the sustainability/green initiatives at walmart and target are VALUABLE but less likely to be RARE