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Shkiper50 [21]
2 years ago
8

In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of

Business
1 answer:
mars1129 [50]2 years ago
5 0

Answer:

by utilizing the goods by their proper uses

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The City of Breukelen maintains a rapid transit system, which is accounted for in a proprietary fund called Breukelen RTS. Based
mestny [16]

Answer:

                               The City of Breukelen

                                     Breukelen RTS

      Statement of revenues, expenses, and changes in net position

                    For the year ended December 31, 2019

Particulars                                           Amount$         Amount$

<u>Revenues</u>

Operating Revenue                                                    3,150,000

<u>Operating Expenses</u>

Train operating expenses                     2,430,000

Track and maintenance expenses        565,000

Depreciation expenses                          <u>325,000</u>

Total operating expenses                                          <u>3,320,000</u>

Operating loss                                                             (170,000)

<u>Non-Operating revenue (Expenses)</u>

Investment income                                   50,000

Interest expenses                                     <u>320,000</u>

Total Non-operating (expenses)                                 <u>(270,000)</u>

Loss before transfer                                                     (440,000)

Transfer from City of B                                                  <u>500,000</u>

Change in net assets                                                     60,000

Total net position (beginning)                                       <u>7,430,000</u>

Total net position (ending)                                           <u>7,490,000</u>

6 0
3 years ago
A​ 20% increase in sales causes EPS to rise from​ $4.00 to​$6.50. Assuming the firm has no​ debt, what is its degree of operatin
Anna [14]

Answer:

A

Explanation:

DOL =  Percentage change in EBIT / percentage change in sales

EPS = {(EBIT - Interest) × (1 - T) } / Shares

The firm has no debt, so interest would be zero

EPS = EBIT × (1 - T) / Shares.

Tax rate and number of outstanding shares remain unchanged.

Percentage Change in EPS = EBIT.

Percentage Change in EPS = (6.5 / 4) - 1 = 0.625 = 62.5%

EBIT = 62.5%

Percentage change in sales= 20%

DOL =  62.5% / 20% =  3.13

5 0
3 years ago
A hospital revenue bond issue is being underwritten on a negotiated basis. The offering consists of $100,000,000 par value of te
GenaCL600 [577]

Answer:

The syndicate member earns $20.

Explanation:

When bonds are sold directly to the public, the syndicate member earns the total takedown. Total takedown refers to the selling concession plus the additional takedown $22.00 + $20.00 = $42.00.

In this question, it indicated that a selling group was used to find customers. This means that the syndicate member will not earn the total takedown because he has given up his selling concession of $22.00 to the selling group member, leaving the syndicate member to earn only the additional takedown of $20.

3 0
3 years ago
Based on your understanding of P/E ratios, in which of the following situations would the average trailing P/E ratio (current pr
bija089 [108]

Answer:

The outlook for the economy and the markets is for an improvement.

Explanation:

p/e ratio = price / earning

the higher the equity, the lower the ratio

If the p/e ratio is expected to be higher, it means that the equity would have to be lower this year than next year .

this implies that earnings would be higher next year and p/e ratio would be lower. this means there is a positive economic outlook

8 0
2 years ago
Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
forsale [732]

Answer:

Comet's E&P will decrease by $50,000 due to the exchange.

Explanation:

50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).

Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.

6 0
3 years ago
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