Which of the following is not an example of a liability?

A. A home you own

B. An apartment you rent

C. Student Loans

D. Your phone bill

Answers

Answer 1

Answer:

B

Explanation:

You are renting so you are temporarily living there, unlike a home owner. They own the home meaning they are responsible for the upkeep. Renters that responsability falls upon the land lord.

Answer 2

The option that is not an example of a liability is an apartment that you rent.

What is a liability?

A liability can be described as something that one is responsible for.

The reason why the rented apartment is not a liability is the fact that it is rented. That is you are not in charge of the place.

The maintenance and others lies in the hands of the owner and not in your hands because you do not own the place.

The student loan and phone bill are all expenses that you are responsible for. They are liabilities.

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Related Questions

There are two methods to determine the Golden Rule capital level, looking at steady-state: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices consumption per worker or comparing the marginal product of capital to the saving rate. consumption or comparing the marginal product of capital to the depreciation rate. output per worker or comparing the marginal product of capital to the saving rate. output per worker or comparing the marginal product of capital to the depreciation rate.

Answers

Answer:

consumption or comparing the marginal product of capital to the depreciation rate.

Explanation:

The two methods that measures the capital level of the golden rule is the consumption or it should compared the capital marginal product with the depreciation rate. As the golden rule capital level shows the leval in which the consumption made in the steady rate should be maximized

So for this the above option should be considered

Therefore the other options are wrong

Maurice is a cautious investor. He wants to make sure that any financial advice that he pays for is as free of conflicts of interest as possible. Given this objective, Maurice should seek out a financial advisor who provides advice and products based on a ______________________ standard. Group of answer choices contingency. contractual. fiduciary. suitability.

Answers

Answer: fiduciary

Explanation:

Since Maurice is a cautious investor and wants to make sure that any financial advice that he pays for is as free of conflicts of interest as possible, he should then seek out a financial advisor who provides advice and products based on a fiduciary standard.

The fiduciary standard simply states that the interest of the client should be out above the interest of the advisor and the advisor must follow the best course of action for the client regardless of how they're affected by this.

Read this excerpt describing the mission of the World Bank. The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards. It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes. According to this excerpt, what is one major way in which the World Bank differs from a regular bank

Answers

Answer: The World Bank aims to improve living standards

Explanation:

According to this excerpt, one major way that the World Bank differs from a regular bank is that The World Bank aims to improve living standards.

Unlike the other banks such as commercial banks that give out loans or help customers keep valuables, the World Bank is a source of financial and technical assistance to developing countries around the world. They seek to improve the living standards of the people and bring about economic growth.

Answer:

B. The world aims to improve living standards

Explanation:

Which types of postsecondary education are examples of traditional academic education? Check all that apply.

associate degree
apprenticeship
bachelor’s degree
technical school degree

Answer: 1,3

Answers

Associate degree is a 2 year college degree & a Bachelors’s degree. They would be considered a traditional education.

An apprenticeship studies under a master of a trade.

A technical school degree is training in a field specific to what you want to get a job in, like air conditioning repair.

Answer:

associate degree and bachelor’s degree is the answer

Explanation:

just did it trust me :)

Think of a situation when you received a bad news with direct pattern (without any buffer). How did you react in that situation?

Answers

Bajáis s and sjsisiejen ejejd

Answer:

first of all, don't freak out.

stay calm, n think of wat u hv jxt heard. if u can find a solution, do it asap buh if not accept it in good faith

A company uses negotiated transfer prices between divisions. All of the following are advantages for this type of transfer pricing model except that negotiated transfer prices A. Achieve goal congruence. B. Are useful for evaluating individual division performance. C. Allow divisions to make their own decisions. D. Are simple and quick to implement.

Answers

Answer:

d

Explanation:

Transfer price is the price at which goods and services are exchanged within the departments of a company

negotiated transfer price is the price that is agreed on by the two departments involved in the exchange after negotiation.

Advantages of negotiated transfer prices

it maintains the autonomy of the divisions It ensures that the best price is gotten for the transaction and that the transaction is profitable to both parties involved in the transaction

Disadvantages of negotiated transfer prices

it is time consuming

If you purchase a straddle on euros, this implies that you: A) finance the purchase of a call option by selling a put option in the euros. B) finance the purchase of a call option by selling a call option in the euros. C) finance the purchase of a put option by selling a put option in the euros. D) finance the purchase of a put option by selling a call option in the euros. E) None of the above.

Answers

Answer:

The correct answer is E) None of the above.

Explanation:

when you purchase a straddle on euros, this means you simultaneously buy a call option and a put option on the same common stock on euros bearing a similar expiration date, and the same place where the security can be bought and sold. What this means is, you tend to make a profit once the common stock makes a sharp move. Normally, call options give investors the liberty to sell stock expecting a rise in price, while a put option gives the investors want to sell their stock because they predict a fall in price. These two option contracts aim at making investors make profits.

PLEASE HELP IM ON PLATO BTW GET IT RIGHT CUH

Answers

Answer:

✔️Demand Pull Inflation:

1. Too much money chasing too few goods

2. Stiff competition among consumers

✔️Cash Pull Inflation:

1. Increase in cost of production

2. Decrease in supply of goods and services

3. Aim of sellers is to maximize profit

Explanation:

Demand pull inflation is often caused by the increase in the aggregate demand of outputs than an economy can produce as a result of increased government spending, expanding economy and so on.

On the other hand, cash pull inflation is caused by the decrease in aggregate supply of goods and supply as result of increased cost of the factors of production.

Thus, let's match each description to the types of inflation they belong to:

✔️Demand Pull Inflation:

1. Too much money chasing too few goods (excess demand as a result of expanding economy)

2. Stiff competition among consumers (businesses, households, governments and foreign buyers bid prices up and compete to purchase the limited available goods and services)

✔️Cash Pull Inflation:

1. Increase in cost of production (this pushes the cost of goods and services up)

2. Decrease in supply of goods and services (aggregate supply decreases)

3. Aim of sellers is to maximize profit (as production cost increase, sellers would have to increase the price of goods and services in order not to run at a loss).

Suppose Whirlpool manufactures electric motors for its washing machines. The firm uses a formal vendor rating system to evaluate suppliers and notify those whose parts did not meet quality standards. If a supplier fails to correct the problem, Whirlpool will drop it as a future supplier. Which stage in the organizational buying decision process would Whirlpool make this evaluation

Answers

Answer: Post Purchase Behavior

Explanation:

At the Post-purchase behavior stage, the customer has already bought and received the goods they ordered. They will now assess it to see if it meets their quality standards to see if they can keep the goods and continue to use the vendor or return the goods and look for another.

This is what Whirlpool does here by rating the parts that were purchased and notifying the suppliers of said parts so that they fix things. If they do not, Whirlpool would find another vendor. They are therefore at the post purchase behavior state.

Sanchez Foods Inc. is a large food manufacturing corporation that earns more profits than its competitors. The company uses only organically grown grains and fruits. It also promotes organic farming and helps nonprofit agencies that focus on food and nutrition causes. The company recently decided to use a third-party recycling logo. In this scenario, Sanchez Foods is most likely to have adopted the practice of _______.

Answers

Answer:

green marketing

Explanation:

From the question we are informed about the Sanchez Foods Inc. which is a large food manufacturing corporation that earns more profits than its competitors. The company uses only organically grown grains and fruits. It also promotes organic farming and helps nonprofit agencies that focus on food and nutrition causes. The company recently decided to use a third-party recycling logo. In this scenario, Sanchez Foods is most likely to have adopted the practice of green marketing.

Green marketing can be regarded as practice of developing as well as advertising products which is been

based on their real as well as their perceived environmental sustainability.

In a case, whereby green marketing activities of a Company are not substantiated from significant investments and doesn't substantiated by operational changes, the company

may be criticized as been using false or misleading advertising.

Nathalie is willing to apply for a car loan. She is 18 years old, still lives at home with her parents and has a part-time job during nights while attending college. In this scenario, a bank's loan officer is most likely to approve the loan in case that Group of answer choices Nathalie maintains a 3.5 GPA. Nathalie signs over her parents car as collateral. Nathalie provides a cosigner on her loan. Nathalie increases her student loan.

Answers

Answer:

Nathalie provides a cosigner on her loan

Explanation:

In the case when an inidvidual co-signs the loan so the individual is become obligated in a legal way to repay the full loan with respect to nathalie when she is not able to pay the amount. Also the loan officer would permitted in that case when the co-signer has the stable kind of job or the source of revenue.

So, nathalie not sign the car of the parent as the collateral as it required the parent consent

So the above should be the answer

what do you call a dog on the beach

Answers

it may be called as hot dog

Answer:

a beagle

Explanation:

Help please :)

In a circular flow diagram, households represent the elements of the
economy that:
A. sell products to consumers.
B. produce goods and services.
C. provide businesses with materials.
D. purchase and consume products,

Answers

Answer:

Produce good & services

Explanation:

In the circular-flow model of an economy, households own all the factors of production. Households earn their income when firms purchase or rent these factors of production to use them to produce goods and services. Firms, in turn, earn revenue when households buy goods and services.

Answer: B

Explanation:

The Role of Households

In a circular flow diagram, households consume the goods offered by the firms. However, households also offer firms factors so that the firms can produce products for the household to later consume.

In answer to a radio advertisement, a teenager two months shy of his 18th birthday contracted to buy a late model car from a car dealership. The agreement required a $1500 down payment with the remainder of the $7200 price to be paid in monthly installments to a local finance company. The teenager’s first eight payments were made regularly until his driver's license was suspended. He then informed the company that no further payments would be forthcoming. The finance company sued for the remaining payments. The age of majority in the teenager’s state is 18 years. Would the teenager be liable for the balance of the payments?
A. Yes, because the car dealership was liable on the contract from the outset, notwithstanding the teenager’s minority.
B. Yes, because he kept the car for six months after reaching the age of majority.
C. No, because he was a minor at the time of the contracting, and the contract is voidable by him.
D. No, because he informed the finance company in a timely manner after his driver's license was suspended.

Answers

Answer: B. Yes, because he kept the car for six months after reaching the age of majority.

Explanation:

When the teenager had not reached the age of majority, holding him liable for the contract would have been challenging. The teenager however reached the age of majority he became legally liable for decisions and contracts.

After this age, he had the car for 6 more months which means that he had accepted the contract as an adult. He cannot therefore simply wiggle out of the payment because he signed an enforceable contract.

Why was agricultural sector declared as critical industry and exempt from the hardest lockdown regulations

Answers

Answer:

Kindly check explanation

Explanation:

Food production and consumption is critical and key to survival, no matter an established and generally accepted number of daily square meal of 3 is widely adopted. This gives a clue tgta, no matter a country's problem or issues they face, aspects which concerns food and generally agriculture would be treated preferentially. Following the outbreak and severe spread of the deadly virus, it became imperative that affected nations introduced critical measures to try and curtail its spread, stringent measures include ; restriction of movement, strict emphasis on social distancing, hence, the need to reduce the number of people on a particular site or work area, travel restrictions, among others. This restrictions had s here effect on the agriculture and the food supply chain and its effect was quickly very noticeable as people would eventually die of hunger if nothing was done. This prompted government to introduce exemptions and preference afforded to the agricultural sector ; such as keppibg trade channels open in other to facilitate food distribution, timely observation and monitoring of food crisis among others.

The personal liability umbrella policy is designed to provide a catastrophic layer of liability coverage on top of the individual's homeowners and automobile insurance liability coverages

Answers

Answer: True

Explanation:

Personal liability umbrella policy was made to provide protection to people should a catastrophic legal claim or judgement be passed on them.

For the coverage to be offered however, the insured must have underlying policies such as homeowners and automobile liability insurance coverage because the personal liability umbrella policy will only pay out after those underlying policies have paid out.

Ajax Lighting manufactures and sells street and parking lot lights, such as those on the Fayetteville trail system. Ajax has the best LED lighting technology in the industry. It is a significant competitive advantage. There are only two other companies in the nation that make competitive products. Growth in this industry is about 2% a year or less. Ajax can enjoy sustained competitive advantage because they are in a _________ market

Answers

Answer: slow cycle

Explanation:

Based on the information given, Ajax can enjoy sustained competitive advantage because they are in a slow cycle market.

Slow-cycle markets refers to the markets whereby the competitive advantages of a firm are protected from imitation, which is usually for long periods of time and in this scenario, imitation is usually costly. Therefore, in this market, competitive advantages are usually sustainable

households play a role in the circular flow of goods

Answers

Answer:

purchasing goods at product markets

Explanation:

Even before Michelle could explain why a prospect had not purchased her company's new line of ecofriendly outdoor furniture, her supervisor started explaining how she should have emphasized the fact that the furniture is made through a revolutionary recycling process and that the prices are justified by the furniture's quality and eco-friendly nature. In this scenario, the supervisor provided Michelle with __________ feedback by telling her how she could make better sales presentations.

Answers

Answer:

Informal feedback

Explanation:

In simple words, informal feedback relates to the feedback under which the feedback is not planned by either of the parties involved and the conversation regarding the review just happens occasionally unplanned. I

 Generally, In such feedback there is no exchange of information but one party dictates their view to the other. Hence, from the above we can conclude that the given case is an instance of informal feedback.

Bharti Airtel is the largest cellular provider in India, with more than 300 million customers as of 2014. It also supplies broadband and telephone services, as well as many other telecommunications services to both domestic and corporate customers. Until a few years ago Airtel did not own its own towers, which was a particular strength of some of its competitors, such as Hutchison Essar. Towers are important if your company wishes to provide wide coverage nationally. In a SWOT analysis, this point would be ________.

Answers

Answer:

a weakness

Explanation:

Industry analysis

This is a method used by company to assess its market position relative to its competitors. Companies do uses the SWOT analysis to assess their performance generally.

SWOT analysis stand for

1. Strengths in SWOT

This is simply regarded as an are areas where the organization has set of skills and resources that would gives them room it to pursue and meet goals efficiently.

2. Weakness in SWOT

This is said to be where the organization is lacking resources and would be prevented from pursuing some goals.

3. Opportunities in SWOT

These are regarded also as conditions that benefits the interest of an organization and would help inachieving its goals.

4. Threats in SWOT

These are also refered to as conditions that would hinder the organization from achieving its goals.

if my movie starts at 11:26 am but it takes 48 minutes to get there what time will it be when I get there

Answers

Answer:

12:34

Explanation:

It will be 12:34 if you leave at 11:26

If you leave at 11:26 a.m and it takes you 48 minutes to get there, you will arrive at your movie at 12:14 a.m. This is the correct answer because 48+26=74. There are 60 min in an hour. 74-60=14 so add it to the hour ahead and it is 12:14. Hope this helps. I know this is correct.

In team dynamics, process losses are best described as: Question 1 options: resources expended towards team development and maintenance. information lost due to imperfect communication among team members. knowledge lost when tacit knowledge is converted to structural knowledge. productivity losses that occur when individual members need to learn a new task. knowledge lost when a team member leaves the organization.

Answers

Answer:

resources expended towards team development and maintenance.

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully.

In team dynamics, process losses are best described as resources expended towards the development and maintenance of a team for increased production and benefits.

what is an imaginary line that extend horizontally from east to west in a globe?​

Answers

Answer:

The imaginary east-west horizontal lines, which run parallel to the equator, are called Latitudes or Parallels.

Answer:

The imaginary horizontal lines running in east-west direction on the Earth's surface are known as Latitudes or parallels of Latitude as they are Parallel to each other.

Explanation:

all three level of professionals are required to run an organization or a business is smoothly classified as a statement ​

Answers

All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.

Answer:

It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.

The three levels of professional required are:

Top-level management

Middle-level management

Low-level management

Explanation:

Top-Level Management

Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.

Middle-Level Management

Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.

Low-Level Management

Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.

An increase in the price of a good leads to: a decrease in the marginal utility per dollar of that good, and thus a decrease in the quantity purchased. an increase in the marginal utility per dollar of that good, and thus an increase in the quantity purchased. a decrease in the marginal utility per dollar of that good, and an increase in the quantity purchased. an increase in the marginal utility per dollar of that good, and a decrease in the quantity purchased.

Answers

Answer:

a decrease in the marginal utility per dollar of that good, and thus a decrease in the quantity purchased.

Explanation:

In Economics, the law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal (ceteris paribus).

According to the law of demand, there exist a negative relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.

The marginal utility of goods and services can be defined as the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.

Hence, if a seller increases the price of a good, it would eventually lead to a decrease in its marginal utility per dollar, and thus, leading to a decrease in the quantity of the good that would be purchased by consumers.

For example, if there's an increase in the price of a chocolate cake, the marginal utility per dollar of the chocolate cake decreases and thus, leading to a decrease in the quantity of chocolate cake that would be purchased by the consumers; leading to a downward slope of its demand curve.

A value chain is a set of: Group of answer choices robotically controlled conveyor belts that deliver product quickly from manufacturing stations to shipping containers. large firms that are vertically integrated. a large number of small firms that dominate a given market. similarly profitable firms competing against each other in any given industry. activities through which a product or service is created and delivered to customers.

Answers

Answer:

activities through which a product or service is created and delivered to customers.

Explanation:

In simple words, A value chain can be understood as the business model that outlines the whole process of creating a product or service. The processes involved in taking a commodity from conception to dissemination, as well as everything in among as sourcing raw materials, production operations and marketing activities—make up a value chain for firms that create things.

All of the following are true about the post-closing trial balance, except: a.It is prepared after posting the closing entries to prove the equality of the debit and credit balances in the general ledger accounts. b.Only permanent accounts are listed in the post-closing Trial Balance. c.The owner's capital balance listed on the post-closing Trial Balance was updated to reflect revenues, expenses, and drawing for the accounting period. d.It is prepared before the closing process.

Answers

Answer:

All of the following are true about the post-closing trial balance, except:

d.It is prepared before the closing process.

Explanation:

The post-closing trial balance is rather prepared after the closing process.  This is the reason it is described as a post-closing trial balance.  Only permanent accounts (balance sheet) are listed on the post-closing trial balance.  The post-closing trial balance ensures that the capital account is updated with the retained earnings (net income less drawings), as the case may be.

_________ is considered one of the four scarce economic resources.
a
Entrepreneurship
b
Money
c
Time
d
Business planning

Answers

Answer:

a. Entrepreneurship

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

This ultimately implies that, entrepreneurship is considered one of the four scarce economic resources.

An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.

In conclusion, the four (4) main characteristics of an entrepreneur are; innovative, risk taker, passionate and self confident.

Answer:

A. Entrepreneurship

Explanation:

Entrepreneurship is considered one of the four scarce economic resources.

Why does ray of light coming through denser medium bend when it
enters into rarer medium?​

Answers

Answer:

this occurs as a result of different refractive index of the two media

Answer:

It actually depends on the angle at which the incident ray hits the boundary face between both mediums

So if the incident ray coming from an angle enters the rarer medium it causes the refracted ray to bend away from the line of the normal

Step-by-step explanation:

I hope it was of help I tried explaining the best I could

Monetarists believe that changes in the supply of money Question 24 options: do not affect aggregate demand. affect aggregate demand through the loanable funds market only. affect only the investment component of aggregate demand. affect aggregate demand directly.

Answers

Answer: affect aggregate demand directly.

Explanation:

Monetarists believe that money supply is very important in determining the economic growth of an economy and this is why they advocate for monetary authorities to get involved in the monetary system in order to guide the growth of the economy.

To monetarists, the supply of money influences consumption as well as investment and so directly affects aggregate demand because both consumption and investment are components of aggregate demand. For instance, an increase in money supply increases both consumption and investment and so increases aggregate demand.

Other Questions
A process costing system is employed in those situations where: Question 3 options: A) full or absorption cost approach is not employed. B) where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis. C) many different products, jobs, or batches of production are being produced each period. D) a service is performed such as in a law firm or an accounting firm. help please fast 10min left :( mi hermana____(lavarse) el pelo todos los das The equation SA = 6s can be used to calculate the surface area, SA, of a cube with side length S. What is thesurface area, in square meters, of a cube with a side length of 0.5 meter? When determining CFU/mL, plates with more than 300 colonies should be eliminated from analysis, being designated: Group of answer choices TNTC TSA TVAC TFTC Which of these is the best example of metaphor? A p e x 1.2.7 Determine if each proportion on the left is True or False. Answer options on the right side may be used more than once.TrueFalse28/16=14/8 3/5=9/15 4/32=10/78 3/4=12/16 Which scenario could be represented by the algebraic expression n minus 13? Suppose Duarte is one of the ten cities in the air pollution survey. We found that the number of manufacturing enterprises employing 20 or more workers in Duarte is 200, and the annual mean concentration of sulfur dioxide in Duarte is 18 micrograms per cubic meter. What is the residual for the city of Duarte A study was conducted to evaluate the relationship between artificial sweeteners and bladder cancer. 3,000 cases and 3,000 controls were enrolled in the study. Among the cases, 1293 had used artificial sweeteners in the past, while 1707 had never used artificial sweeteners. Of the controls, 855 had used sweeteners and 2145 had not.a. What is the exposure and what is the disease?Calculate the correct measure and show your work.How do we interpret this effect estimate? An English teacher needs to pick 4 books to put on his reading list for the next school year. He has narrowed down his choices to 8 novels and 6 plays.a. How many different ways can he choose the books to put on the list if he wants to include at least two plays?b. Find the standard deviation. determine whether the given lines are parallel or not right with the reason The cost of 5 kg of mangoes is rupees 147. At what rate per kg are the mangoesbeing sold. (Contextualization) Given the context of the time, why might Washington have chosen to look the other way on segregation and to appease white Southerners? When do democrats and republicans compromise two mangoes cost $60.00. what is the cost of 5 mangoes What causes the flu?What are common symptoms of the flu and what are complications that arise from the disease? Do you think people can misdiagnose themselves with the flu? Explain your reasoning.How is flu season defined? What are the criteria for this definition? How does the flu affect businesses and governments? Could it affect residents access to certain resources? Glven the following diagram, IfmXCOF = 150, then mZBOC =ADISBD EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Balla Enterprises at the end of 2017 appears as follows: 8%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid-in capital on preferred 2,500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares issued and outstanding 2,000,000 Additional paid-in capital on common 18,000,000 Retained earnings 37,500,000 Total stockholders' equity $65,000,000 Net income for the year was $1,350,000. Dividends were declared and paid on the preferred shares during the year, and a quarterly dividend of $0.40 per share was declared and paid each quarter on the common shares. The closing market price for the common shares on December 31, 2017, was $27.65 per share.Required:1. Compute the following ratios for the common stock:When required, round earnings per share and price/earnings ratio answers to two decimal places. For dividend payout and dividend yield ratios, round raw calculations to 4 decimal places, but enter each answer as a percentage to two decimal places; for example, .17856 rounds to .1786 and would be entered as 17.86, indicating 17.86%.a. Earnings per share$b. Price/earnings ratioto 1c. Dividend payout ratio%d. Dividend yield ratio%2. Before recommending the stock of Balla to a client, as a financial adviser, you would like to know:future earnings growth.risk of the stock.general economic trends and how they affect the company.all of these. Retained earnings, December 31, 2019 $ 348,600Cost of buildings purchased during 2020 42,700Net income for the year ended December 31, 2020 55,300Dividends declared and paid in 2020 32,600Increase in cash balance from January 1, 2020, to December 31, 2020 23,500Increase in long-term debt in 2020 45,300 Required: From the above data, calculate the Retained Earnings balance as of December 31, 2020