Answer:
a. $45,000
Explanation:
The retained earnings of the Company X at the beginning of the year shall be determined using the following mentioned formula:
Retained Earnings at the end of year=Retained Earnings at the start of the year+net income for the year-dividend paid by company X
In the given question:
Retained Earnings at the end of year=$60,000
Retained Earnings at the start of the year=?
Net income for the year=$25,000
Dividends paid by Company X=$10,000
$60,000=Retained Earnings at the start of the year+$25,000-$10,000
Retained Earnings at the start of the year=$60,000-$25,000+$10,000
=$45,000
So based on the above calculation, the answer is a. $45,000
<h3>Benefit from Google Search campaign
</h3>
Explanation:
Google Search Campaigns is one of the most famous types of online advertising.
Google Search Campaigns enable Jennifer to show advertising in Google Search's search pages, which is a show ad in search results. It is helpful when you know that a search engine starts with 93 percent of online interactions. Jennifer can choose the keyword which activates search and show an ad when running a Google Search campaign.
Depending on how well Jennifer ad is optimized, and how much she bidding for the ad, she can impact how high the ad displays in the search network listings.
It is most appropriate to discuss their accomplishments at the Executive summary section. A Executive summary section is a document where organizations show what they are willing to offer on there agreement and the accomplishments they are showing the people they'd like to offer up with.
Answer:
Net cash flow from investing activities is $47.2 million -$58.6 million =-11.4 million.
Explanation:
Draft Cashflow Statement.
Operating Activities; $0.0 million
Investing Activties;
Cash Inflows;
Sales of ; investment $32.0 million,plus sales of Land $15.2 million =$47.2 million.
Cash outflows; Purchase of ; treasury stock -$21.2, plus equipment -$25.2 million, plus patent -$12.2 million =-$58.6 million
Net cash flow from investing activities is $47.2 million less $58.6 million=-11.4 million.
Financing Activities;
Issues of common stock $40.4
Note that sales of own common stock is a financing activity
Answer:
D. When ITQs are used, no one has an incentive to cheat and exceed the quota.
Explanation:
As ITQs (individual transferable quotas) were initially created by the government to regulate an above all, social affair, which is related to the share in the total allowable catch of fish (species).
Since some of the fishermen have lower and some have higher marginal costs of "producing" fish, they trade ITQ's between themselves, with those who have high marginal costs selling ITQs to those that have low marginal costs. Also, the marginal private cost now becomes determined by the initial marginal private cost of the fish, plus the <u>price of the ITQ</u>. Then, it becomes known as the marginal social cost.
The equilibrium for the ITQ price is the difference between the <em>marginal social benefit</em> and the marginal cost. With the base marginal private cost becoming the marginal social cost, no one has the incentive to exceed the quota, as that would make the marginal cost go higher than the price, and the marginal profit lower. This notion creates the equality between self-interest and social interest.
