Answer:
Explanation:
The journal entries are shown below:
On Declaration date
Retained Earnings A/c Dr $4,000,000 (400,000 shares × $10)
To Common Stock Dividend Distributable A/c $4,000,000
(Being dividend is declared)
On distribution date:
Common Stock Dividend Distributable A/c Dr $4,000,000
To Common Stock A/c $4,000,000
(Being the dividend is distributed)
Answer:
$96 per day
Explanation:
Competitive advantage refers to producing or doing something more efficiently than others. Susan has a competitive advantage in picking coffee beans as she can pick 4 pounds of coffee beans in an hour as compared to nuts which she can only pick 2 in an hour. She also has an advantage in picking coffee beans over Tom who can only pick 2 pounds of coffee beans while taking the same time as Susan do for 4 pounds.
Tom, on the other hand, has a competitive advantage in picking nuts as he can pick twice the amount of nuts than Susan can pick in an hour.
If both were to specialize in their competitive advantage,
- Susan can pick, 4 × 6 = 24 pounds of coffee beans per day
- Tom can pick, 4 × 6 = 24 pounds of nuts per day
So, if they sell their produces at the world market, they can collectively earn a total of $96 per day.
- Total Earning = 24 pounds coffee beans × $2 + 24 pounds of nuts × $2 = $96
Answer:
the Company C is the most profitable
Explanation:
The computation of the profit margin for the following companies is
We know that
Profit margin = Net income ÷ Net sales
Now
<u>Company Net income Net sales Profit margin </u>
a $5,253 $44,140 11.9%
b $86,033 $392,846 21.9%
c $90,324 $251,598 35.9%
d $63,120 $1,434,550 4.4%
e $72,787 $428,158 17.0%
Based on the calculation above, the Company C is the most profitable
The right answer for the question that is being asked and shown above is that: "taxes; principal interest; homeowner’s insurance" The mortgage payment includes <span>taxes; principal interest; homeowner’s insurance</span>
No because of the first amendment it protects freedom of religion