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Gnoma [55]
3 years ago
15

Describe how consumers demand affects the economy

Business
1 answer:
dexar [7]3 years ago
7 0

Answer:

Consumers help determine what goods and services will be produced through their purchasing decisions.   I think :)

Explanation:

You might be interested in
Your client wants to transfer $500 from their checking account into a savings account to cover tax liabilities for sales made th
yan [13]

Answer:

a) Navigate to the + New button then find the Transfer link

Explanation:

In the case when the client wants to transfer $500 from the checking to the saving account so that the liabilities of the tax could be covered. Now the process would be started via navigating it to the new button and then find the transfer link

Therefore the correct option is a

Hence, the rest of the options are incorrect

7 0
3 years ago
Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common
Galina-37 [17]

Answer and Explanation:

The Preparation of statement of stockholders’ equity is shown below:-

                  <u> Statement of Stockholder's Equity</u>

<u>                          Power Drive Corporation</u>

<u>                For the year ended December 31, 2018</u>

<u>Particulars      Common   Additional    Retained   Treasury   Total</u>

<u>                           stock        paid in          Earning       Stock    Stockholder</u>

<u>                                            capital                                                equity</u>

Jan 1 Balance  100,000  $4,800,000 $2,300,000   0       $7,200,000

Issued common

stock                58,000    $3,132,000      0                 0       $3,190,000

                (58,000 × $1) (58,000 × $54)

Purchase treasury

stock                                                                    -$307,400 -$307,400

                                                                               (5,300 × $58)

Dividends                                              -$251,955                -$251,955

                                        ((100,000 + 58,000 - 5,300) × $1.65)

Sale of Treasury

stock                                  $13,250                       $153,700   $166,950

                                     (2,650 × $5)                   (2,650 × $58)

Net Income                                              $630,000                $630,000

Balance,

December

31            158,000    $7,945,250   $2,678,045  -$153,700 $10,627,595

Total Stockholder's equity  is

= Common stock + Additional paid in capital + Retained earnings - Treasury stock

= 158,000  + $7,945,250  + $2,678,045  - $153,700

= $10,627,595

8 0
3 years ago
At December 31, 2018, the financial statements of Hollingsworth Industries included the following: Net income for 2018 $ 590 mil
m_a_m_a [10]

Answer:

Basic EPS = $1.359 million

Diluted EPS = $1.195 million

Explanation:

For Basic EPS we need to calculate the number of shares outstanding

Shares as on Jan 1 = 450 million

Treasury shares on Sep 1 =  48 million × (4 months ÷ 12 months)

                                           = 16 million

Number of shares o/s =  Shares as on Jan 1 - Treasury shares on Sep 1

                                    = 450 million - 16 million

                                    = 434 million

Basic EPS = Net Income ÷ Number of shares o/s

                 = $590 million ÷ 434 million

                 = $1.359 million

For Diluted EPS,

Interest savings = 10% × $ 250 million

                           = $25 million

Adjusted Net Income =  Net Income + After tax interest savings

                               = $590 million +  [25 millions - 40(25million)]

                               = $590 million - $15 million

                               = $575 million

and weighted number of shares will include the bonds, that are convertible

Outstanding shares as computed = 434 million

Bond conversion Shares = 47 million

Total shares outstanding =  Outstanding shares as computed + Bond conversion Shares

                                          = 434 million  + 47 million

                                          = 481 million

Diluted EPS = Adjusted Net income ÷ Total shares outstanding

                    = $575 million ÷ 481 million

                    = $1.195 million

8 0
3 years ago
How can you know if it's a good time to start your business?
Sonbull [250]

Answer:

The  good time to start your business is when When the economy is strong

<u>Explanation:</u>

Beginning a business is like starting a relationship; the appropriate time to establish a business is the point at which you have the opportunity to give your consideration about the business. The best time for beginning a company should not be affected by one’s age.

Individuals of all ages can start a business, and you might be astounded to realize that most entrepreneurs in the US are more seasoned; 51% of proprietors of independent companies have many years of operations and still successful.

6 0
3 years ago
Problem 1
zloy xaker [14]

Answer:

How to produce resources

5 0
3 years ago
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