Answer and Explanation:
The journal entry is shown below:
Cash Dr 30,000
Bank Dr 50,000
To Capital 80,000
(Being cash and bank brought into the business)
Here the cash and bank is debited as it increased the assets and credited the capital as it also increased the equity
<span>The goal of utility maximization is to allocate your resources in order to maximize your satisfaction.
Utility maximization is a concept which is used in the economics which explains that when a person is making a decision to purchase anything, he/she prefer to get the greatest value that is possible but at the least amount of money.
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Answer:
The correct answer are 2, 4 and 5.
Explanation:
Repayment schedule is the schedule or the document which is in detail specifying the particular terms of the loan of borrower, like monthly payment, interest rate, due dates. The benefits or the advantage of the strict schedule of the repayment, prevent being charged from the additional or the extra fees, prevent from increasing the rate of interest and also shows or states that the borrower is responsible for this schedule.
Answer:
Earnings Per Share = $3.6
Explanation:
Given
Net Income Average = $33,480
Weighted-average common shares outstanding = 9,300
Shares sold = 4,300
Required
Calculate the company's earnings per share.
Earning per share is calculated as thus;
Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding
The question says there was no preferred stock;
So, P= 0
Substitute $33,480 for N and 9,300 for W.
The formula becomes;
Hence, the calculated Earnings per share of Mayan company is $3.6
Answer:
Affirmative Action.
Explanation:
Affirmative action creates the expectation and program requirements that companies make a positive effort to recruit, hire, train, and promote employees from groups who are underrepresented in the labor force.
It is a policy in the US where guidelines, policies, laws and administrative practices are set in order to end and eradicate race, religion, color, sex and nationality related discrimination from the society so everyone can get an equal opportunity. With the help of these rules and laws, organizations can attract talent from all the nations and countries from across the world.
