Answer:
Option C
Explanation:
In simple words, A designated beneficiary , often termed as named beneficiary, refers to a person who is stipulated by a signed legal contract and who has the right to receive money from a fund, insurance fund, pension scheme account, IRA, or some other digital currency. By the point of transaction several designated owners of a single property would share in the profits.
The return on total assets of River Corps is 0.0789.
<h3>What was its return on total assets?</h3>
The return on total assets is an example of financial ratio. It is the net income divided by total assets. It is an example of a profitability ratio. Profitability ratios measure the efficiency with which a company generates profit from its asset.
Return on total assets = Net income / average total assets
$32,750 / $415,000 = 0.0789
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Answer:
Equity account
Explanation:
In the case when the cash is received in exchange of the common stock so here the cash is debited and credited the common stock i.e. equity account
The journal entry is
Cash Dr XXXXX
To Common stock XXXXX
(Being exchange is recorded)
here cash is debited as it increased the assets and credited the common stock as it also increased the equity
Answer:
Problem statement
Explanation:
Problem statement - it is referred to as the statement that given the clear and crystal information about the current situations. it is considered a good source of analyzing the real situations about the ongoing project.
This statement describes the current situations between the current and desired aim of the projects. it expressed the problem in two or three statements.
Answer: The supply of beef would increase, decreasing beef prices.
Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.
