Answer:
The answer are: ... are a combination of the central planning system and the price system.
Explanation:
Every economy in the world is a mixture of capitalism and socialism. In capitalism the fee market is absolute king, it sets prices and supply and demand of products. In socialist countries the government plans the economy and decides supply and demand of goods and services.
No country is purely capitalist since taxes exist and the government always intervenes with regulations and public services, etc. No country is purely socialist either, not even North Korea, since all the economies need to trade with their neighbors and people will always want to prosper.
So countries try to manage their economies in a mixture, some are more capitalist like the US and Canada, and some are more socialist like North Korea and Venezuela. The EU is sort of in the middle of both ideologies.
It is B or C
hope that this helps you
Answer:
C. dividends per share of common stock, divided by market price per share of common stock
Explanation:
Dividend yield is the return of company's total dividend compared to its shared price.
A. This is known as the payout ratio and is expressed as dividends per share of common stock, divided by earnings per share.
B. This is known as earning per share of a company and is expressed as net income minus preferred dividends, divided by shares of common stock outstanding.
D. This is known as earning per share of a company if the company does not pay preferred dividends and is expressed as dividends on common stock, divided by shares of common stock outstanding.
Answer:
C) Should be reported at $210,000
Explanation:
The computation of the gross profit in case of the multi-step income statement is presented below:
Mortenson Company
Multi step income statement
Sales $600,000
Less: Cost of goods sold -$390,000
Gross profit $210,000
After deducting the cost of goods sold from the sales we can get the gross profit
