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3 years ago

% of the world's population controls approximately _____% of the world's finances (the sum of gross domestic products)" quizlket

Business

1 answer:

jeka57 [31]3 years ago

8 0

Answer: 5% and 28%

Explanation:

In the year 2011, the U.S. had five percent of the world population and was already controlling twenty-eight percent of the world finances.

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Trade industry short note

Pie

Answer:

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.

6 0

3 years ago

If the total assets of a business are $107,000 and its liabilities are $75,000, which of the following statements is correct?

Lady bird [3.3K]

Answer:

a. liabilities are $32,000

Explanation:

Note: In question part $75,000 shall represent equity, as there are only 3 parts of balance sheet assets, equity and liabilities, if assets are given liabilities is what we need to calculate the missing is equity.

Thus, $75,000 is treated as equity.

In that case we have,

Assets = Equity + Liabilities

$107,000 = $75,000 + Liabilities

Assets - Equity = Liabilities

$107,000 - $75,000 = Liabilities

$32,000 = Liabilities

Therefore, correct option is

a. liabilities are $32,000

7 0

3 years ago

4) All of the following are true of known liabilities except:A) Include accounts payable, notes payable, and payroll.B) Are obli

Thepotemich [5.8K]

Answer: E) May depend on some future event occurring. It is not a characteristic of known liabilities.

Explanation: Unknown or uncertain liabilities are those whose existence depends on the occurrence of a future event.

Known liabilities <u>are definitely determinable and measurable.</u>

<u />

3 0

3 years ago

At December 31, 2018, the financial statements of Hollingsworth Industries included the following: Net income for 2018 $ 590 mil

m_a_m_a [10]

Answer:

Basic EPS = $1.359 million

Diluted EPS = $1.195 million

Explanation:

For Basic EPS we need to calculate the number of shares outstanding

Shares as on Jan 1 = 450 million

Treasury shares on Sep 1 = 48 million × (4 months ÷ 12 months)

= 16 million

Number of shares o/s = Shares as on Jan 1 - Treasury shares on Sep 1

= 450 million - 16 million

= 434 million

Basic EPS = Net Income ÷ Number of shares o/s

= $590 million ÷ 434 million

= $1.359 million

For Diluted EPS,

Interest savings = 10% × $ 250 million

= $25 million

Adjusted Net Income = Net Income + After tax interest savings

= $590 million + [25 millions - 40(25million)]

= $590 million - $15 million

= $575 million

and weighted number of shares will include the bonds, that are convertible

Outstanding shares as computed = 434 million

Bond conversion Shares = 47 million

Total shares outstanding = Outstanding shares as computed + Bond conversion Shares

= 434 million + 47 million

= 481 million

Diluted EPS = Adjusted Net income ÷ Total shares outstanding

= $575 million ÷ 481 million

= $1.195 million

8 0

3 years ago

Selective distortion is a process by which: a.consumers interpret information in ways that are biased by their previously held b

Sever21 [200]

Option A. It is a process by which consumers interpret information in ways that are biased by their previously held beliefs.

<h3>What is selective distortion?</h3>

This is the term that is used to refer to the way people reason using their subconscious mind.

This type of reasoning happens as a person would try to make new information to fit with the old reasoning they have.

Read more on selective distortion here:

brainly.com/question/14969833

#SPJ1

6 0

2 years ago