Answer:
When we get too hot, sweat glands in the skin release more sweat. The sweat evaporates, transferring heat energy from the skin to the environment.
Answer:
1. <em>Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends</em> - Cumulative Shares
Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.
2. <em>Holders of the stock can receive dividends exceeding the stated rate under certain conditions - </em>Participating Shares
Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.
<em>3. Holders of the stock are not entitled to receive dividends in excess of the stated rate. - </em>Non- Participating Shares
Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.
<em>4. Holders of the stock lose any dividends that are not declared in the current year - </em>Non- Cumulative Shares
If their dividend is not declared in a certain period, they will forfeit that dividend for the period.
Answer:
909.09
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
$20,000 / 58 - 36 = 909.09
Answer:
$555
Explanation:
The cash method of accounting records revenue when cash is received,and when expenses are paid in cash.
Bill received the following cash:
1. $150 dollars in cash was from a customer.
2. tickets worth $225 as payment for services performed last year.
3. $180 check for services rendered this year.
Bill's income on schedule c would be a summation of all payments received.
= $150 + $225 + $180
Bill would receive an income of $555
Answer:
$4
$1 and $3
False
Explanation:
As per the data given in the question,
a)
Amount of tax for each bottle is $4 because the sellers are receiving $2 and buyers are paying $6. Therefore,
Amount of the tax on a bottle of wine is $6 - $2 = $4
b)
Burden on the consumer = $6 - $5
= $1
Burden on the seller = $4 - $1
= $3
c)
False, because the tax incidence depends on the flexibility or elasticity of market.
