Answer:
c. $60,000
Explanation:
Provided information,
Green Corp owns 30% of the the common stock and 100% of preference share capital of Axel Corp.
Also, Green Corp is exercising significant influence on Axel Corp.
Thus, for accounting purpose Green Corp will use equity method as the investment is more than 20%.
Any dividend received from Axel Corp on common stock will be deducted from carrying value of investment in common stock, though dividend received on preference capital will increase the profits as will be added to income statement.
Thus, dividend recognized in Income Statement = $60,000 received on preference capital.
Correct answer is
c. $60,000
Answer:
True
Explanation:
Home equity loan is a kind of loan in which a person borrows against the equity of his or her home, i.e the home is used as a collateral. The loan that can be gotten by the individual is dependent on the value of the home or residence and this value can only be determined by an appraiser from the institution providing the loan. In instances when the borrower is unable to repay the loan, the lending institution can foreclose on the home which has been used a collateral.
Home equity loan can be used to finance expenses like education bills, medical bills and so on.
Therefore, Veronica took a home equity loan to help finance her children's education.
The bargaining power of the suppliers is said to be enhanced under which following market condition dominance by a few suppliers.
The bargaining power of the supplier in an industry tends to affect the competitive environment and also the profit potential of the buyers. Here, the bargaining power of the suppliers is one of the forces in the Porter’s Five Forces Industry Analysis Framework.
So, this is considered as the mirror image of the bargaining power of buyers and so it tends to refer to the pressure that suppliers can put on companies by raising their prices, and lowering their quality, or reducing the availability of their products.
Hence, the bargaining power of the suppliers is considered to be one of the forces that tend to shape the competitive landscape of an industry.
To learn more about bargaining power here:
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The Cartesian coordinate system is also referred to as a <span><span>rectangular <span>coordinate system</span></span> coordinate system.
It i a system used in geometry which uses coordinates in order to determine the position of a geometric element (point for example). According to this system each point is specified by a pair of numerical coordinates. </span>
Answer:
a. What is the unemployment rate in this economy?
The formula is
Unemployment Rate = Unemployed People / Labor Force
Now, we plug the amounts into the formula:
Unemployment Rate = 9.0 / 157.2
= 0.0573
= 5.73%
b. What is the labor force participation rate?
Labor Force Participation Rate = Labor Force / Population Over 16
= 157.2 / 249.7
= 0.6296
= 62.96%
c. Suppose that 1 million currently unemployed workers decide to no longer actively look for work. What is the unemployment rate in this economy now?
1 million people have now left the labor force, and they also represent 1 million less unemployed.
Unemployment Rate = 8.0 / 156.2
= 0.0512
= 5.12%
d. What is the new labor force participation rate? %
Labor Force Participation Rate = Labor Force / Population Over 16
= 156.2 / 249.7
= 0.6256
= 62.56%
