Use the following information for DeltaCo for the year ended December 31,2011 to answer the questions below.Assume no new common stock was issued during the year.
1.What were the total revenues for the year?
2.What was the dividend during the year?
3.What were the total liabilities on the balance sheet at December 31,2011?
4.How much is contributed capital at December 31,2011?
Definitions:
Frictional Unemployment
Short-term unemployment that arises from the process of workers moving between jobs or into the workforce.
Structural Unemployment
A form of unemployment caused by a mismatch between the skills that workers in the economy can offer and the skills demanded by employers.
Structural Unemployment
Refers to unemployment caused by structural changes in the economy such as technological advances, which create mismatches between the skills workers have and the skills needed for available jobs.
Demand Shifts
Demand shifts occur when the overall demand for a product or service increases or decreases due to changes in consumer preferences, income levels, prices of related goods, and other factors.
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