Answer:
true
Explanation:
Communication helps understanding people better removing misunderstanding and creating clarity of thoughts and expression.
Answer:
d. 96,000
Explanation:
Provided required rate of return on investments of $800,000 = 12%
Now desired profit = $800,000 X 12% = $96,000
therefore when fixing the price per unit this profit shall be added, and then reverse calculation is done.
With this we can get the desired profit.
At the last the total of cost and profit shall be divided by number of units to get the selling price per unit.
Therefore desired profit in dollars = $96,000
Answer:
1. Dividends = Dividends, it decreases stockholder's equity.
2. Rent Revenue = Revenue, it increases stockholder's equity
3. Advertising Expense = Expense, it decreases stockholder's equity
4. Stockholder's pay cash into business = Issuance of stock, increases stockholder's equity.
Explanation:
Notes to above:
1. Dividends are paid from current year income or from retained earnings, as both current year earnings and retained earnings are clubbed into equity thus, with payment of dividend, equity is decreased.
2. Rent revenue is a part of income and income is part of equity as with increase in income there is increase in equity also.
3. Advertising expense will decrease the income and with decrease in income there will be decrease in equity.
4. Stockholder's pay cash into business as for issuance of stock and with issue of stock equity will increase.
Answer: A higher interest rate.
Explanation: Most savings accounts do not have a high interest rate at the moment.
