Answer:
Explanation:
The statement of stockholders' equity comprises common stock along with retained earnings. The final figures presented in the attached spreadsheet have been updated.
The Final balance of retained earnings = Initial balance of retained earnings + net income - dividends disbursed
Additionally, the Final balance of common stock = Initial balance of common stock + stock issued
The stockholders' equity statement for the end of the year on December 31, 20Y7 is included in the spreadsheet. See the attachment below:
Answer:
Simple structure
Explanation:
A sole proprietorship refers to a type of business categorized by the fact that it does not legally exist separately from its owner. This business structure is among the simplest forms for operating or conducting enterprise.
A sole proprietorship lacks recognition as a legal entity; it is tied directly to an individual who owns or manages the business and bears personal liability for its debts.
Thus, in this situation,
Mow and Trim operates as a sole proprietorship characterized by a simple structure.
Answer:
The responses are listed as follows:
A. Increase the output
B. Decrease the output
C. Keep the output the same
D. Decrease the output
Explanation:
In the case of A.
If the maximum price consumers are ready to pay surpasses the minimum price acceptable, output should be increased because consumers’ willingness to pay a higher price translates into greater revenue, hence boosting profit.
For B.
When marginal cost exceeds marginal benefit (mc > mb), output should be reduced. This is because profit maximization occurs when marginal costs equate marginal benefits; therefore, exceeding marginal benefits will lead to losses, necessitating a reduction in output.
For C.
If total surplus is maximized, output should remain unchanged, as implementing additional outputs at this peak would result in diminishing returns on invested resources.
For D.
When the current output exceeds the equilibrium quantity in the market, the output should be decreased to prevent oversaturation of the market, which would lower prices.
Answer:
Her purchase is approved, but she incurs an overdraft fee
Explanation:
Overdraft protection is a credit service from banks that enables transactions to proceed even when an account lacks sufficient funds. This service ensures payments are not declined when the account balance hits zero. Each time a customer utilizes overdraft protection, they are subjected to an overdraft fee.
This service prevents account holders from facing the repercussions of payment failures due to insufficient funds. Banks and vendors impose hefty charges for transactions that result in insufficient funds. In some jurisdictions, bounced checks are deemed illegal.
Answer:
A
Explanation:
Quid pro quo refers to a form of harassment where a person in a superior position requests sexual favors from someone in a subordinate role, offering advantages or withholding them based on compliance with sexual requests.
In this case, Ronald occupies a senior role in the organization while David holds a junior position. Ronald is threatening to withhold a promotion from David if his sexual demands are not fulfilled
