Answer: See explanation
Explanation:
1. Calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.
The first year's net earnings under the cash basis of accounting will be:
Service revenue = $23400
Less: Expenses = $14310
Net income = $9090
The first year's net earnings under the accrual basis of accounting will be:
Service revenue = $29500
Less: Expenses = $15500
Net income = $14000
2. Which basis of accounting (cash or accrual) provides more useful information for decision-makers?
It should be noted that the accrual basis of accounting gives decision makers more useful information. This is due to the fact that the decision makers will probably want to know the revenue and the expenses that were incurred for a particular period and every other necessary details.
Answer:
350 the number of pretzels that must be sold to maximize profit.
Explanation:
P(x) = -0.002x2 + 1.4x - 400
Differentiating P(x) with respect to dx:
Putting , P(x)' =0
we get , x = 350
Differentiating P(x)' with respect to dx:
P(x)''<0 (maxima)
350 the number of pretzels that must be sold to maximize profit.
Answer:
The correct answer is: 8,9%.
Explanation:
The dividend yield is the amount of money a company pays to its stakeholders for owning stocks. The dividend yield is calculated on a yearly basis. The dividend yield is calculated by dividing the annual dividend of the stock with the share price of the asset. Thus, in the example:
Dividend yield = Annual Dividend / Share Price
Dividend yield = $9.8 / $ 110
Dividend yield = 0.089 <> 8,9%
The Fed sells $5 billion worth of T-bonds on the open market.
The position a firm takes on issues that affect the corporation as well as the society is also known as the corporate policy. A corporate policy is made up of guidelines and rules formulated and approved by the members of company board after undergoing a series of both intensive and extensive study and review including internal and external factors that may or may not affect the objectives and the mission of the company in the near future. It basically laid down the possible responses the firm may undertake if faced with crisis and controversies.