Answer:
The correct answer is letter "A": Cooperative.
Explanation:
Cooperatives or co-ops are not real state ownerships but imply being in charge of a property under a lease agreement. Similar to condominiums, individuals can live in an apartment that belongs to an owner that in co-ops are companies. The tenant purchases stocks of the company becoming a stakeholder and in return, the company provides the tenant an apartment with a lease agreement for the possession of the property.
Answer:
Dr Account receivable $65,940
Cr Sales Revenue $62,800
Cr Sales tax payable $3,140
Explanation:
Sales of merchandise inventory on account
Dr Account receivable $65,940
Cr Sales Revenue $62,800
Cr Sales tax payable $3,140
Sales tax payable = Sales Revenue × Sales tax percentage
$62,800×5%
=$3,140
Amount of account receivable
Account receivable = Sales Revenue + Sales tax payable
$62,800+ $3,140
=$65,940
Answer:
The correct answer is letter "B": reduce productivity. Other things the same, this decrease will be larger in a poor country.
Explanation:
Labor productivity measures the units a worker can produce per hour. <em>Capital, technology, </em>and <em>human development</em> influence the labor productivity employees could have. Poor countries are characterized by having low investments. If the labor force increases but the capital remains stagnant, the level of productivity is likely to fall since there is a surplus in labor hand.
Answer:
Earnings Per Share = $3.6
Explanation:
Given
Net Income Average = $33,480
Weighted-average common shares outstanding = 9,300
Shares sold = 4,300
Required
Calculate the company's earnings per share.
Earning per share is calculated as thus;
Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding
The question says there was no preferred stock;
So, P= 0
Substitute $33,480 for N and 9,300 for W.
The formula becomes;
Hence, the calculated Earnings per share of Mayan company is $3.6
Answer:
The monthly return on this investment vehicle is 1.37%
Explanation:
A perpetuity contract is one which lasts forever, It does not any time limit. Live Forever Life Insurance Co will pay $1,600 for indefinite time on today's investment of #117,000.
Monthly return will be calculated using following formula:
Present value of Perpetuity = Perpetuity Received / Interest rate
$117,000 = $1,600 / r
r = $1,600 / $117,000
r = 1.37%
Monthly return on the perpetuity is 1.37% for this perpetuity.
