Investing is when you invest or expend your money into a business, stock, etc to make money. You can always invest safely or be risky but have a chance of losing your money. Saving is when you save up you money and don’t do anything with it neither spend it or invest it.
Service Revenue.................................65000
Rent Revenue..........................................6000
To Income Summary.....................................................71000
Income Summary..........................78900
To Depreciation Expense..............................................7000
To Salaries Expense.......................................................56400
To Utilitites Expense.........................................................15500
Retained Earnings.....................................................................7900
To Income Summary...............................................................................7900
Answer:
Explanation:
Basic and diluted Eps
Basic EPS = profit after tax-preference share dividend / w. Avg No.of shares
Basic Eps
Income 270000
Tax 20% 54000
Pat 216000
Dividend 5*5000 -25000
191000
W.Avg No. shares 50000
Basic EPS 191/50 3.82
Diluted Eps
PAT 191000
Add back Dividend of assumed conversion of pref. shares 25000
Total Income 216000
Total No of share 60000*
Diluted Eps 216000/60000 3.6
*Common Stock = 50000
Add Assumed Conversion of Pref. shares = 5000*2 = 10000
Total Shares = 60000
Consider a town in which only two residents, Hubert and Kate, own wells that produce water safe for drinking. Hubert and Kate can pump and sell as much water as they want at no cost. For them, total revenue equals profit.
The following table shows the town's demand schedule for water,
Quantity Demanded Total Revenue (Dollars per gallon) (Gallons of water) (Dollars) $247.50 $450.00 $607.50 4.00 180 $720.00 $787.50 3.00 270 $810.00 $787.50 2.00 $720.00 $607.50 $450.00 $247.50 (Look at attached image for clearer image)
Answer:
$3, $810
Explanation:
By carefully examining the table above we can infer that Hubert and Kate's profit is maximised at $3 unit price.
The total output at this point is 270 with a total Revenue of $810, implying that they will share the amount equally 810/2= $405 for Kate and $405 for Hubert.
Answer:
A) the ratio of output to the number of workers used to produce that output.
Explanation:
As per definition, the average product of labor = Total Output/Number of workers employed
.
All the other choice involve the change in total cost/revenue/output which means it will be Marginal and not average.
