Answer:
By 110,000 the retained earnings reduced by the property dividend.
Explanation:
Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.
For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.
So, the calculation is computed below:
As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e. 50,000 shares ÷ 10 shares = 5,000 for 1 share.
Now, multiply by market value which comes = 5,000 × $22 = $110,000.
So, by 110,000 the retained earnings reduced by the property dividend.
Explanation:
Given that
Number of sales units = $26,000
Sale price = $12 per unit
Variable cost per unit = $7
Fixed cost = $80,000
So, the contribution margin per unit is
= Selling price per unit - variable cost per unit
= $12 - $7
= $5
And, the contribution margin in dollars is
= Number of sales unit × sale price - number of sales unit × sale price
= 26,000 units × $12 - $26,000 × $7
= $312,000 - $182,000
= $130,000
Answer:
b. Has unlimited liability for its partners.
Explanation:
Both partnerships and sole proprietorships are very common forms of business, are relatively easy to create, and they are both pass through entities, but they also have a commons disadvantage: their owners are personally for the business' obligations. That means taht if things go wrong, their owners will have to use their other personal assets to covers for any liabilities.
The probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.
<h3>What is probability?</h3>
Probability refers to the chance that an outcome occurs given the possibility of many outcomes.
As a measure, probability represents the ratio of the outcomes from a set of equally likely outcomes.
<h3>Data and Calculations:</h3>
Estimated proportion of students dressed inappropriately = 7%
Number of players for a football game = 22 (11 x 2)
Probability that the first one dressed inappropriately will be the 10th = 0.031818 (0.07 x 10/22).
Thus, the probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.
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Answer:
A. $8
B. $5.33
C. $413,33
D,$400
Explanation:
a.bank charge rate = 2%
Cash advance fee = $400 *2%=$8
b ) APR = 16%
one month APR = 400*16% *1/12 =$5.33
C) total amount paid = Principal + fee +APR
=$(400+8+5.33)= $413.33
D)No extra charges will apply
