Answer:
Explanation:
The journal entry is shown below:
Land A/c Dr $243,000
Building A/c Dr $370,000
To Common stock A/c $168,000 (28,000 shares × $6)
To Paid-in capital in excess of par value - common stock $445,000
(Being the issuance of the common stock in exchange of land and building)
Simply we debited the land account and building account and credited the common stock and paid in capital in excess of par value
Answer:
.A. knowledge
Explanation:
Business knowledge refers to an entrepreneur's understanding of customers' preferences, staff skills, business operations and processes, and overall market trends. When expertly gathered, business knowledge is an essential reference point for decision making. The information is useful for continued business growth and identification of new opportunities.
Market research is one way of gathering knowledge. Before the study, David appeared to be unaware of his customer preferences. Lack of business knowledge can lead to the loss of customers and the collapse of a business. Business owners can also gain knowledge through employee and supplier networks.
As per the dividend distribution model, the cost of equity = D1/P0 + g
where D1 = next year's dividend = 1.10
P0 = Current stock price = 21.80
g =growth rate = 4.5% =0.045
Cost of equity = 1.10/21.80 + 0.045 = 0.095458 = 9.5458% = 9.55%(Rounded)
Answer:
must choose to invest in either A or B, but not both.
Explanation:
The whole concept of being mutually exclusive is that you must choose only one alternative investment. You can either choose to invest in A or B, but you cannot invest in both A and B, or first invest in A (or B) and then in the other one.
Generally investment projects are mutually exclusive due to budgetary constraints, i.e. you do not have enough money to invest in all of them, so you must choose the most profitable one considering the associated risks and capital costs.
Answer:
B- Self interest results in the Nash Equilibrium which is the best outcome for the players.
Explanation:
Prisoner's dilemma: It is the answer in the game theory to the reason that why 2 conflicted parties doesn't cooperate. According to Prisoner's Dilemma, 2 conflicted individuals doesn't cooperate because they both are acting to secure their own self interest, considering that the collective interest would be far much better, but they are interested in win/lose situation.
Nash Equilibrium: This occurs when both parties realize that no extra benefit will incur if they change their strategy, so they both remain on the same strategy and solve the dilemma while getting the optimum outcome for both of them.
