Per capita income Definition The total national income divided by the number of people in the nation Another definion Per capita income means how much each individual receives‚ in monetary terms‚ of the yearly income generated in the country. This is what each citizen is to receive if the yearly national income is divided equally among everyone. ... Formula of per capita income per capita income= national incomepopulation Per capita income of pakistan The economic survey of Pakistan 2009-2010
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40% of the outstanding common stock of Bike Co. for $2‚400‚000. This investment gave Harley the ability to exercise significant influence over Bike. Bike’s assets on that date were recorded at $10‚500‚000 with liabilities of $4‚500‚000. There were no other differences between book and fair values. During 2010‚ Bike reported net income of $500‚000. For 2011‚ Bike reported net income of $800‚000. Dividends of $300‚000 were paid in each of these two years. 49. How much income did Harley report from
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Class Discussion 1. Dartmouth Inc’s latest net income was $1‚250‚000‚ and it had 225‚000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? 2. Garcia Industries has sales of $200‚000 and accounts receivable of $18‚500‚ and it gives its customers 25 days to pay. The industry average DSO is 27 days‚ based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the
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fixed costs remain the same. 2-4. The word immediately is used in the definition of a fixed cost and not in the definition of a variable cost because changes to the cost drivers to not happen immediately with a fixed cost like they do with a variable cost. 2-5. I agree that it is confusing to think of fixed costs on a per-unit basis because changes to the cost driver take place at a slower rate than they do with a variable cost. So it would be difficult to single out any costs. 2-6. I disagree
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The fixed weekly expense of a coffee stand is $1‚200 and the variable cost per cup of coffee served is $0.22. Requirement 1: Fill in the following table with your estimates of total costs and cost per cup of coffee at the indicated levels of activity for a coffee stand. (Round average cost per cup of coffee to 3 decimal places. Omit the "$" sign in your response.) 2‚000 Fixed cost Variable cost Total cost Average cost per cup of coffee served $ $ $ 0.60 0.22 0.82 0.792 Correct response Exercise
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the payment net of discount. | Payment net of discount | $ | c. | Which is a better deal? | | | | | Pay the entire bill immediately | | Installment plan | | 2) Home loans typically involve “points‚” which are fees charged by the lender. Each point charged means that the borrower must pay 1% of the loan amount as a fee. For example‚ if the loan is for $170‚000 and 4 points are charged‚ the loan repayment schedule is calculated on a $170‚000 loan but the net amount the
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average tax rates for a corporation with an income level of $100‚000? Taxes = (0.15 × $50‚000) + 0.25 × ($75‚000 − $50‚000) + 0.34 × ($100‚000 − $75‚000) = $22‚250 Marginal tax rate = 34% Average tax rate = $22‚250/$100‚000 = 0.2225 = 22.25% The year-end 2010 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1‚100‚000 and retained earnings at $3‚400‚000. The next year‚ retained earnings were listed at $3‚700‚000. The firm’s net income in 2011 was $900‚000. T here were no
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Q.R.1 It is often said that a good theory is one that can be refuted by an empirical‚ data-oriented study. Explain why a theory that cannot be evaluated empirically is not a good theory. Theory‚ whether in economics or sciences‚ helps ones predict and succeed in explaining on what they intend to explain relies on convincing assumptions. However‚ accuracy and validity of theories are important as the more accuracy in the theory‚ the more success in whatever business or science. Hence‚ all theories
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a new management team. The goal for the new management team is to improve the hotel’s reputation‚ market share and financial performance in a competitive market area. This report consists of two main sections. First section is to analyse the objectives‚ strategies and outcomes of the business for first three years in detail. Secondly‚ a financial analysis such as total revenue and net income analysis will be done through different data graphs. 2. Overview of Business Plan for the last three
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Financial Accounting 1. Obligation of business that represents the claims of these against the assets of the less cash is called? A. Asset B. An expense (WA) C. Revenue D. An equity E. Liability 2. Net income results when A. Assets > liability B. Revenue = expenses C. Revenue > expenses D. Revenue < expenses E. None 3. Resources owned by a business are referred to as A. Stockholders equity B. Liability C. Assets D. Revenue (WA) E. None 4. Expenses are incurred
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