Answer:
Gross National Product (GNP) is the total value of all finished goods and services produced by a country's citizens in a given financial year, irrespective of their location.
<em>Hope that helps! :)</em>
Explanation:
Answer:
$360,000
Explanation:
According to the scenario, computation of given data are as follows,
Nana company bought shares = 8,000
Fair value of share = $45 per share
So, we can calculate the amount to be reported in balance sheet by using following formula,
Amount to be reported in balance sheet = Number of shares bought × Fair value per share
= 8,000 × $45
= $360,000
The answer is Credit references. A credit reference is a data, the name of an individual, or the name of an association that can give insights around a person's past reputation with credit. FICO score offices give credit references to organizations while credit authorities give credit references to people.
Answer:
Morgan’s earnings per share for 2015 is $6
Explanation:
To compute the earning per share, we have to use the formula which is shown below:
Earning per share = (Net income - declaration of preference dividend) ÷ (Average common shares outstanding)
= ($600,000 - $60,000) ÷ (90,000 outstanding shares)
= $6
Common dividends declared is not considered. Hence, it is not taken in the computation part.
Answer: Marginal revenue is equal to price times quantity
Explanation:
A perfectly competitive market is a market where there's a large number of both the producers and the consumers have full and symmetric information.
In a perfectly competitive market, the marginal revenue is the same as price and the marginal revenue curve is the same as the demand curve facing sellers.
It should be noted that the statement that the marginal revenue is equal to price times quantity is incorrect. The total revenue is equal to price times quantity.
