The Peak & Vale Accountants provides or offers
other firms and institutions with accounting services. Questions of what is ethical
involve the extent to which the Peak & Vale has an ethical duty beyond
those duties mandated by the law.
<em>A) Franchise is a business model Samantha have in mind.</em>
Answer: <em>A) Franchise </em>
Explanation:
Franchise is the business model which is adopted by many business organisation for the purpose of business expansion. Where the other new business holders carry out the business using the company's procedure, brand name etc.
Under the same name and business line, the business is carried out by the new reciters and a amount of their profit is earned by the owner of the business. Here in this case Samantha is using Franchise business model.
The equilibrium rent is $1600 while the equilibrium quantity is 6800
When quantity demanded is equal to the quantity supplied, the market is said to be in equilibrium. The price at this point is equilibrium price. The quantity at at this point is equilibrium quantity.
In order to determine equilibrium price, equate the quantity demanded and quantity supplied equation
QD = QS
10,000 – 2P = 2,000 + 3P
Combine similar terms
10,000 - 2,000 = 3P + 2P
8000 = 5P
P = $1600
Substitute for monthly rent in the quantity demanded equation
10,000 - 2(1600)
10,000 - 3200
Equilibrium quantity = 6,800
A similar question was solved here: brainly.com/question/14746196?referrer=searchResults
To record the dividend declaration
Ordinary Share Capital $90000
Dividend Payable $90000
to record payment
Dividend Payable $90000
Cash $90000
The amount is derived from the shares issued and outstanding so, the 190000 issued is deducted by 10000 treasury shares because treasury shares are reacquired by the company so it is not an outstanding share, then just multiply the answer with the dividend per share to arrive at $90000
190000-10000shares * $.50 =$90000
Answer:
D) $45,000
Explanation:
The computation of the amount which is included in the current liability section is shown below:
= Account payable balance + bonds payable - discount on bonds payable + dividend payable
= $15,000 + $25,000 - $3,000 + $8,000
= $45,000
The current liability is that liability which is arise for one year. Since, the notes payable is a long term liabilities so we do not consider in the computation part.
