Answer:
Option (b) is correct.
Explanation:
Cyclical unemployment refers to the unemployment that occured because of the fall in the demand for goods and services in an economy. It is largely affected by the fluctuations in economic growth of a country. When the overall demand for goods and services are not matched with the full employment in an economy. This unemployment is mostly occured when the economy of a country is contracting.
Answer and Explanation:
The preparation of the income statement is presented below:
Service revenue $634,900
Less:
Depreciation Expense $10,000
Insurance Expense 9,000
Miscellaneous Expense 8,150
Rent Expense 60,000
Supplies Expense 4,100
Utilities Expense 44,700
Wages Expense 548,200
Net loss -$49,250
Answer:
Branding.
Explanation:
Branding is a field that promotes a business or a service. Branding helps business to give voice to their business. It is through branding that customers recognizes your business.
It is branding that sets your company apart from your competitors. Through branding, the business is able to reflect its values, qualities, strengths, and characteristic.
Therefore, the correct answer is branding.
Answer:
The value of a share of Wyatt Oil today is %6.25.
Explanation:
Value after of a share year 2 = (D2*Growth rate)/(Cost of capital-Growth rate)
= (0.56×1.04)/(0.12-0.04)
= $7.28
the current value = Future dividends×Present value of discounting factor(12%,time period)
=0.56/[(1.12)^2] + 7.28/[(1.12)^2]
= $6.25
Therefore, the value of a share of Wyatt Oil today is %6.25.
Answer:
I have attached an Excel Sheet that identifies all the events that need to be accounted for. If you have any queries regarding the Journal Entries, please free to ask me that.
B) The Balance of Accounts Receivable at Year End is $3,000.
Explanation:
Hardy Merchandising Company made Sales of $27,000 on account, out of which $24,000 were collected during the year. So, at the year end the Balance Sheet will show a figure of $3,000 for Accounts Receivable.
Thank You!
