Answer: "Democratic"
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Answer:
The answer is a. It is the combination of products that society most desires.
Explanation:
Allocative efficiency means that the particular mix of goods being produced that is, the specific choice along the production possibilities frontier represents the allocation that society most desires.
Answer:
Explanation:
unearned rent 6000 (debit)
Rent revenue. 6000 (credit)
to record 2 months of realized rent revenue
Answer:
Book value par common share will be $19.6
Explanation:
We have given number of preferred stock = 1000
Value of preferred stock = $10 par preferred stock
So preferred Stock = 1000 x $10 = $10000
Total Stockholder's equity = $500000
Thus Common stock value = $500000 - $10000 = $490000
Total number of common stock = 25000 shares
So the book value per common share is = 