a(n) blank corporation is an organization that manufactures and markets its products in many different countries and has managers and stockholders from many countries. multiple choice question. secular world-wide cross-cultural multinational
Answers
A multinational corporation is an organization that manufactures and markets its products in many different countries and has managers and stockholders from many countries.
It is a type of corporation that operates globally and has facilities and operations in more than one country. The management and ownership of a multinational corporation is usually dispersed across several countries, and it often has stockholders from many countries as well.
Multinational corporations play a significant role in the global economy and are responsible for a large portion of international trade and investment. They often have significant economic and political power and influence, and they can have a significant impact on the economies of the countries in which they operate.
Some of the benefits of multinational corporations include access to new markets, access to resources, lower labor costs, and improved economies of scale. However, they can also face challenges such as cultural differences, language barriers, political instability, and varying regulations and taxes in different countries.
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Related Questions
Carter invested $3,900 in an account paying an interest rate of 3. 9% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 5 years?
Answers
$822.18 is how much earned interest so add $3,900 and you get $4,722.18
Answer: 4700
Explanation:
serena receives a fifty-year annuity-due that has payments that start at $2,000 and increase by 3% per year through the twenty-fourth payment, then stay level at $4,000. find the accumulated value of this annuity at the end of fifty years if the annual effective rate of interest remains 4.2% throughout the time of the annuity.
Answers
The accumulated value of this annuity at the end of fifty years with an annual effective rate of interest of 4.2% is $320,739.72.
Calculation of accumulated value of an annuity:
To find the accumulated value of this annuity at the end of fifty years with an annual effective rate of interest of 4.2%, we can use the formula:
Where A is the accumulated value, P is the periodic payment, i is the annual effective rate of interest, and n is the number of payments.
In this case, the periodic payment is $2,000 until the twenty-fourth payment, then increases to $4,000. We can calculate the accumulated value by calculating the total accumulated value of the first 24 payments (at $2,000 each) and the remaining 26 payments (at $4,000 each):
Therefore, the accumulated value of this annuity at the end of fifty years with an annual effective rate of interest of 4.2% is $320,739.72.
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What is the best animal?
Answers
Answer: The answer is Dogs
Explanation: Dogs are the best animal because They're not just popular- historically, the symbiotic relationship between dogs and people helped both species survive.
14. (02.01 MC) A store advertises new TVs for $100 a month for six months instead of $600 in order to
Answers
Answer:let people come up with the money.
Explanation:You might not have yhe whole $600 but you might have the $100
The tiny town of Nemo has three neighborhoods located on a straight line: Neighborhood 1, Neighborhood 2, and Neighborhood 3, with Neighborhood 2 located equidistant between Neighborhood 1 and Neighborhood 3. There is one daycare center, located on Neighborhood 1. There are 10 families residing in each neighborhood, and each family has one child. Each family is willing to pay $70/day for daycare, and prefers daycare closest to its own neighborhood (though at current distances, families will purchase daycare services even if it’s two neighborhoods away). Families are indifferent between any two daycares in the same neighborhood. Suppose that daycare costs $30/day per child to provide. A new daycare center is thinking of opening in Nemo. If both daycares will keep their price at $70/day, which neighborhood should the new daycare open in?
Answers
Answer:
Neighborhood 2
Explanation:
Based on the information given if NEIGHBORHOOD 2 is located between Neighborhood 1 and Neighborhood 3 which means that in a situation where both daycares decide to keep their price at the amount of $70/day, the neighborhood that the new day care should open in is NEIGHBORHOOD 2 reason been that with NEIGHBORHOOD 2 all the families living in both Neighborhoods 2 and Neighborhoods 3 will be attracted to Neighborhoods 2 and on the other hand won't not be attracted to Neighborhood 1, for the amount of $800/day which is calculated as:
(10 Families *2) * ($70 for day care - $30 per child)
20*40= $800/day
Therefore the neighborhood that the new daycare should open in is NEIGHBORHOOD 2
Next year's earnings are estimated to be $4. The company plans to reinvest 20% of its earnings at 10%. If the cost of equity is 7%, what is the present value of growth opportunities?
a. $7.07
b. $7.86
c. $6.86
d. $5.86
Answers
$6.86 is the present value of growth opportunities.
Given,
Earnings = $4
Retention ratio = 20% or 0.20
Return on investment = 10% or 0.10
Cost of equity = 7% or 0.07
Solution:-
Growth rate (g) = retention ratio x return on investment
= 0.20 x 0.10 = 0.02
Value with growth = [earnings x (1 - retention ratio)] \div (cost of equity - g)
= [$4 x (1 - 0.20)] \div (0.07 - 0.02)
= [$4 x 0.80] \div 0.05
= $3.2 \div 0.05 = $64
Value without growth = earnings \div cost of equity
= $4 \div 0.07 = $57.14
Present value of growth opportunities = Value with growth - value without growth
= $64 - $57.14 = $6.86
Economic growth, as we said before, is an increase in the manufacturing of the quantity and high-quality of the monetary items and offerings that a society produces. the total earnings in a society correspond to the full sum of goods and services the society produces – anyone's spending is someone else's earnings.
Economic growth measures the yearly boom in GDP, GNP, GDP per capita, or GNP per capita. Inequality of wealth is the distance in profits between a country's richest and poorest human beings.
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The cost of implementing and maintaining an activity-based costing system ______ the benefits received. Multiple choice question.
Answers
The implementation and maintenance of an activity-based costing system may outweigh costs greater than the benefits obtained (option B)
What is the Activity Based Costing System?The ABC (Activity Based Costing) is a model that allows the allocation and distribution of the different indirect costs, according to the activities carried out, since these are the ones that actually generate costs.
This system arises from the need to solve the problem that standard costs normally present, when they do not faithfully reflect the added value chain in the production of a specific product or service, and therefore, it is not possible to adequately determine the price.
According to the above definition, it can be inferred that this costing system is not the most efficient because it can result in implementation and maintenance may outweigh costs over profits or benefits.
Note: This question is incomplete because the options are missing. Here are the options:
will always be higher thanmay outweighwill always be less thanLearn more about Activity Based Costing System in: https://brainly.com/question/24929506
What is the main idea of this text?
Mari Copeny takes action to save her city
Readwork
For more information ask
Answers
Answer:
Mari's activism helped people around the country to learn more about the problems in her town.
The opportunity cost of something is: Select one: a. what is given up to acquire it. b. smaller during periods of falling prices. c. equal to the monetary cost. d. larger during periods of rising prices.
Answers
The opportunity cost of something is: What is given up to acquire it. The opportunity cost refers to the value of the next best option forgone when a choice is made. Option A is correct.
It is the cost of an alternative that must be sacrificed in order to pursue a certain action. In this scenario, the opportunity cost of something is what is given up to acquire it. Thus, the correct option is A (what is given up to acquire it).
Option B, Smaller during periods of falling prices is incorrect since the opportunity cost of something is independent of price variations.
Option C, equal to the monetary cost, is incorrect since the monetary cost is the amount of money that is paid to acquire something while the opportunity cost is the value of the next best option forgone when a choice is made.
Option D, larger during periods of rising prices, is incorrect since the opportunity cost of something is independent of price variations.
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Formula one has generated new restrictions on the design of cars
to try and make competition more even. Mercedes has employed Monash
to help conduct a series of tests for them to help combat the new
r
Answers
Formula one has generated new restrictions on the design of cars to try and make competition more even. Mercedes has employed Monash to help conduct a series of tests for them to help combat the newrestrictions. Monash is a renowned engineering and research institution known for its expertise in automotive technology.
Mercedes aims to gather data and insights from these tests to develop innovative strategies and optimize their car's performance within the new limitations.
By collaborating with Monash, Mercedes can leverage their advanced testing facilities, computational models, and experienced engineers to simulate various scenarios and evaluate different design options.The tests conducted by Monash will likely involve aerodynamic analysis, performance simulations, and component testing to assess the impact of the new restrictions on the car's speed, handling, and overall competitiveness.
Through this partnership, Mercedes can gain valuable insights into how the new regulations affect their car's performance and identify areas for improvement. By leveraging Monash's expertise, Mercedes can enhance their engineering capabilities and develop innovative solutions that comply with the restrictions while maintaining a competitive edge in Formula One racing.
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Who are the majority of businesses in resort towns targeted to?
O
seniors
O
tourists
O
employees
investors
Answers
The majority of businesses in resort towns target tourists.
Who is the luxury hotel industry's target customer?As you can see, a wide range of people from across all walks of life who are prepared to pay a little extra for the luxury hotel experience makes up the target audience for luxury hotels.
What advantages come from forming and focusing on prospect groups?Overall, specialization is the main advantage of identifying and pursuing niche markets. Finding more wealthy guests who will gush about your hotel will be easier if you can be more precise with your market segmentation.
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how Is productivity determined?
a.by measuring The relationship to inputs and outputs
b. by comparing the profitability of competing markets
c. by measuring the relationship between supply and demand
d. by comparing the number of hours worked by all employees
Answers
Answer:
a. by measuring The relationship to inputs and outputs
Explanation:
Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.
Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.
25. Which of the following would cause an
increase in the labor force?
a. Employed workers lose their jobs
b. Paid workers leave their jobs and begin
volunteer work.
C.
The retirement age is lowered
d. Fewer parents stay at home with their
children and instead choose to get
part-time jobs.
Answers
C. The retirement age is lowered would cause an increase in the labor force. This is because when the retirement age is lowered, individuals who would have retired earlier will continue to work, which means that there will be more individuals in the labor force.
This will result in an increase in the number of available workers for businesses to hire from. However, it is important to note that this increase in the labor force may also result in increased competition for jobs and potential wage decreases for workers.
An increase in the labor force occurs when more individuals are available and willing to work. In this scenario, fewer parents staying at home and instead choosing to get part-time jobs would result in a larger number of people participating in the labor force.
This is because those parents would be moving from being non-participants (staying at home) to being participants in the labor market (working part-time jobs).
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1. So you are going on a vacation! There's lot of planning to do. You will be leaving on Friday and returning the next
Friday. You will be taking 3 other classmates with you. Where are you going and how are you getting there? Present
three options, pros and cons about how you might travel to and from your destination. The presentation must include
prices and time consideration.
Tell how you will get around while on the vacation. You need to include mileage and prices. If you are renting a car,
allow 10 cents per mile. If you are using someone's personal car, allow 35 cents per mile. Identify your final travel
decisions and how you arrive at those decisions. Make sure you include your research and any other information you
used to arrive at your decision.
Where will you stay when you get there? Present three options, pros and cons, about where you will stay while on your
vacation. The presentation must include prices and amenity considerations. If you have males and females in your
group, you need to make sure you include separate rooms for each. Identify your final lodging decisions and how you
arrived at those decisions. Include information about amenities. Make sure you include your research and any other
information you used to arrive at your decision.
What will you eat when you get there? Present 15 options for meals for your group while on vacation. The presentation
must include prices and transportation considerations. You will need to eat 2 really nice meals while on vacation. A
really nice meal is eaten at a restaurant where you must sit down and be waited on. Identify your final meal decisions
and how you arrived at those decisions. Include the cost of each meal as well as a description of the type of cuisine.
Make sure you include your research and any other information you used to arrive at your decision:
Answers
Answer:
685
Explanation:
Carnes Cosmetics Co.'s stock price is $50, and it recently paid a $2.25 dividend. This dividend is expected to grow by 15% for the next 3 years, then grow forever at a constant rate, g; and rs = 12%. At what constant rate is the stock expected to grow after Year 3? Do not round intermediate calculations. Round your answer to two decimal places. %
Answers
The stock is expected to grow at a constant rate of 5.16% after Year 3.
To calculate the constant growth rate after Year 3, we can use the Gordon Growth Model, which states that the price of a stock is equal to the dividend expected to be received at the end of Year 1 divided by the difference between the required rate of return (rs) and the growth rate (g).
The formula for the Gordon Growth Model is: P0 = D1 / (rs - g).
Given that the dividend in Year 1 is $2.25 and the required rate of return (rs) is 12%, we can rearrange the formula to solve for the growth rate (g).
g = rs - (D1 / P0).
Substituting the given values, we have g = 0.12 - (2.25 / 50) = 0.12 - 0.045 = 0.075.
This growth rate of 0.075 corresponds to a percentage growth rate of 7.5%.
However, this growth rate applies for the first three years. After Year 3, the dividend is expected to grow at a different rate.
Given that the dividend is expected to grow by 15% for the next 3 years, the dividend in Year 3 would be calculated as $2.25 * (1 + 0.15)^3 = $2.25 * 1.15^3 = $2.25 * 1.520875 = $3.422.
Therefore, after Year 3, the constant growth rate is: g = rs - (D3 / P3) = 0.12 - (3.422 / 50) = 0.12 - 0.06844 = 0.05156.
Rounding the growth rate to two decimal places, we get 5.16%.
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An example of public relations is a ____________.
Question 13 options:
television advertisement about a Memorial Day Sale at a local store
sales demonstration
one-page ad in Time Magazine
charitable activity such as an exhibit or parade sponsored by a business
Answers
Answer:
D- charitable activity such as an exhibit or parade sponsored by a business
Explanation:
charity commissions a public relations agency to create an advertising campaign to raise money to find a cure for a disease.
Which one of the following is an opportunity cost?
answer choices
You stay out late and your parents ground you.
You run a red light and you get a ticket.
You choose to give up math to study for history.
In a softball game, you miss the ball and strike out.
Answers
The value of giving up the next best option is the correct response. It is defined as the price of forgoing the best alternative. It symbolizes the sacrifices that people are forced to make because of a lack of resources.
What does opportunity cost look like?The night before an exam, a student goes to the movies for three hours and spends $20. Time spent studying and money used for other purposes are the opportunity costs. Wheat is planted by a farmer; Planting a different crop or making a different use of the resources (land and farm equipment) is an example of the opportunity cost.
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If you examine your bank records and can't explain why you withdrew so much cash, you should: a. Complain to the bank because it probably made a mistake in the records. b. Review your purchases to make sure no one is stealing money from the account. c. Vow to take no more withdrawals for the next two weeks. d. Start keeping a journal of your spending
Answers
If you examine your bank records and can't explain why you withdrew so much cash, you should start keeping a journal of your spending. This will allow you to track where your money is going and identify any unnecessary or unplanned expenditures. The answer is option (d).
Additionally, reviewing your purchases is also a good idea to ensure that no one is stealing money from the account. However, complaining to the bank is not necessary unless you find a mistake in the records. If you examine your bank records and can't explain why you withdrew so much cash, the most appropriate course of action would be d. Start keeping a journal of your spending. By keeping a record of your spending, you can track and monitor your cash withdrawals and other transactions, helping you identify any discrepancies or unusual patterns. This will enable you to better understand where your money is going and identify any potential issues, such as unauthorized withdrawals or theft. Complaining to the bank should only be done after reviewing your own records and identifying a specific problem or discrepancy.
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The United States uses mostly free enterprise principles in our economy; but the
government is involved in some decisions. This means the United States has a
economy
-Mixed
-Formal
-Communist
-Socialist
Answers
I hope this helps
Explanation:
Mixed
the sources and uses of cash over a stated period of time are reflected in the
Answers
The sources and uses of cash over a stated period of time are reflected in the cash flow statement. This statement is one of the three financial statements included in a company's financial reports.
The cash flow statement shows the inflows and outflows of cash and cash equivalents during a specified period. This statement is divided into three sections: cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities. These sections help investors, analysts, and management to assess the liquidity of a company and its ability to generate cash flow.
The sources of cash are shown under the operating, investing, and financing activities sections of the cash flow statement. Cash inflows from operating activities come from the primary business operations of a company, such as cash received from customers. Cash inflows from investing activities come from the sale of long-term assets, such as property, plant, and equipment.
Cash inflows from financing activities come from the issuance of debt or equity, such as bonds or stocks.The uses of cash are also shown in the operating, investing, and financing activities sections of the cash flow statement. Cash outflows from operating activities come from expenses incurred during the business operations, such as wages paid to employees.
To sum up, the cash flow statement is an important financial statement that reflects the sources and uses of cash over a stated period of time. It provides valuable information to investors, analysts, and management about a company's liquidity and cash flow generating ability.
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Florida palms country club adjusts its accounts monthly. Club members pay their annual dues in advance by january 4. The entire amount is initially credited to unearned membership dues. At the end of each month, an appropriate portion of this amount is credited to membership dues earned. Guests of the club normally pay green fees before being allowed on the course. The amounts collected are credited to green fee revenue at the time of receipt. Certain guests, however, are billed for green fees at the end of the month. The following information is available as a source for pre- paring adjusting entries at december 31.
salaries earned by golf course employees that have not yet been recorder or paid amount to $9,600
Answers
Higher Accounts When revenues are earned but not yet collected, an asset called receivable is increased, or debited. The associated revenue account receives a credit.
The adjustment to revenue for which the seller has met its commitments but has not yet been paid or billed is recorded in which of the following entries?Revenues that the seller has earned from commitments fulfilled but have not yet been credited to accounts receivable should be recorded. Any part that the seller has satisfied its commitments during the current period should be deducted from Deferred Revenue.
When creating an adjusting entry for a transaction including accumulated income, which account should be credited?Accounts receivable are debited and the revenue account is credited to record accrued revenue. Accounts receivable and will be credited in the adjusting journal entry.
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Which of these sources has a potential for bias, but is likely to have a lot of data about many products? unpaid personal testimony review service advertisement salesperson
Answers
The source which has a potential for bias, but is likely to have a lot of data about many products is option C. advertisement salesperson
Who is an advertisement salesperson?Advertisement salesperson is otherwise known as advertising sales representatives. Advertisement salesperson markets advertising platform to businesses and individuals. Advertisement salesperson contacts potential buyers or clients, make market presentations, and maintain client contacts or details.
Therefore, the correct answer is as given above. The basis or base through which a potential for bias can be found is no other place other than from the advertisement salesperson due to the fact that the salesperson would be wanting to market a product.
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chandni is a sales representative for a medical device company. when she reviews her monthly sales report, chandni recognizes the need to improve her sales numbers. which of the following is something she might do to satisfy this need and achieve success?
Answers
Chandni is a sales representative for a medical device company. She was the improved the sales and the communication skills are the satisfy this need and achieve success
What is company?The term company refers to the legal entities that are legally registered in accordance with the Company Act. Company is the main goal to earn higher profit, and they maintain the goodwill.
A company are the manufacturing the medical device was the main reason to the sale of the product. Chandni is a sales representative of the company. She was the improved the sales and the communication skills are to attract the consume.
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The recording of transactions and events is called:.
Answers
Explanation:
The definition of record keeping is keeping records, or units of preserved information. This information can also be kept in books, which brings us to another term; bookkeeping.
Suppose banks increase excess reserves by $405113. If the reserve ratio is 8.0 percent, what is the maximum increase in the money supply? Round your answer to the nearest dollar. $
Answers
When banks increase excess reserves by $405113, the maximum increase in the money supply can be calculated using the given reserve ratio of 8.0%.
Given:
Excess reserves = $405113
Reserve ratio = 8.0%
To find:
Maximum increase in the money supply
Let us use the money multiplier formula:
Money multiplier = 1/Reserve ratio
Money multiplier = 1/0.08 = 12.5
This means that for every dollar of reserves held by the banks, the money supply increases by $12.5. Therefore, the maximum increase in the money supply when banks increase excess reserves by $405113 is:
Maximum increase in the money supply = Money multiplier × Change in excess reserves
Maximum increase in the money supply = 12.5 × 405113
Maximum increase in the money supply = $5063912.5 ≈ $5063913
Therefore, the maximum increase in the money supply is approximately $5063913, rounded to the nearest dollar.
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kelly is the chief marketing officer of boyd pharmaceuticals. she is meeting with trent, the chief financial officer to decide on the company's marketing communications budget. after extensive discussions, they decide that the size of the budget will be calculated as a fraction of the overall turnover. what method did kelly and trent use to arrive at the marketing communications budget?
Answers
Kelly and Trent used a method called "proportional budgeting" to arrive at the marketing communications budget. Proportional budgeting involves calculating the budget as a fraction or percentage of the overall turnover. This method allows the budget to be aligned with the company's financial performance.
Here's a step-by-step explanation of how Kelly and Trent used proportional budgeting:
1. Kelly and Trent discussed and agreed upon using the overall turnover as the basis for calculating the marketing communications budget.
2. They determined the percentage or fraction of the turnover that would be allocated to the marketing communications budget. For example, they might decide to allocate 10% of the turnover towards marketing communications.
3. Once they established the percentage or fraction, they multiplied it by the company's overall turnover to calculate the marketing communications budget. For instance, if the turnover is $1,000,000 and they decided on 10%, the budget would be $100,000 (10% x $1,000,000).
By using this method, Kelly and Trent ensured that the marketing communications budget would be directly linked to the company's financial performance. This approach allows for a flexible and proportional allocation of resources based on the company's revenue.
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Kelly and Trent used the method of calculating the marketing communications budget as a fraction of the overall turnover. This means that they decided to allocate a certain percentage of the company's total revenue for the marketing communications budget.
Here's how they arrived at the marketing communications budget using this method:
1. Determine the overall turnover: Kelly and Trent first need to calculate the company's total revenue or turnover. This is the amount of money generated by Boyd Pharmaceuticals from all its operations and sales during a specific period, such as a year.
2. Decide on a fraction or percentage: Once they have the overall turnover, Kelly and Trent need to determine what fraction or percentage of the turnover they want to allocate for the marketing communications budget. For example, they might decide to allocate 5% or 10% of the overall turnover for marketing communications.
3. Calculate the marketing communications budget: To calculate the marketing communications budget, they simply multiply the overall turnover by the chosen fraction or percentage. For example, if the overall turnover is $1 million and they decide to allocate 5% for marketing communications, the budget would be $1 million x 5% = $50,000.
4. Finalize and review the budget: Once they have calculated the marketing communications budget, Kelly and Trent should review it to ensure it aligns with their goals and objectives. They may need to make adjustments or consider other factors before finalizing the budget.
By using this method, Kelly and Trent can determine an appropriate budget for marketing communications based on a fraction or percentage of the company's overall turnover. This approach allows them to allocate resources in a way that is proportional to the company's financial performance.
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Takisha Jorimoto works in finance for a small microbrewery. This week Takisha is working on a budget for the next 12 months. She has been doing research to determine prices for the new equipment the company will need in the next 12 months to stay competitive in this market. Which of the steps in financial planning is Takisha involved in
Answers
Answer:
to follow her heart
Explanation:
and you will follow the steps
Which series of terms correctly completes this statement:
If you are in a at-fault(yours) car accident with another driver and you only
have ..... insurance, they insurance agency will pay for the cost to repair/replace
….. car(s).
A. Liability, Both
B. Liability, Their
C. Comprehensive, Your
D. Comprehensive. Their
Answers
If you are in a at-fault(yours) car accident with another driver and you only have Liability insurance, they insurance agency will pay for the cost to repair/replace Their car(s), option B.
Auto liability insurance aids in defraying the expense of damage from collisions. In many places, if a motorist is determined to be at fault for an accident, their insurance provider will cover the property damage and medical costs of other parties up to the policy's maximums.
However, regardless of who was at fault in jurisdictions with no-fault vehicle insurance, drivers who are involved in an accident must first make a claim with their individual insurance company. In those areas, drivers are frequently obliged to acquire personal injury protection (PIP) coverage, which pays for both themselves and their passengers' accident-related medical costs.
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Underline the two items that are affected.
State whether each item is increasing or decreasing.
1.Sold office machinery for cash
2. Bought motor lorry for cash
3. Sold motor lorry for cash
4. Bought motor van by cheque
5. Bought office furniture by cheque
Answers
2. Increase in machinery (motor lorry) , decrease in cash
3. Decrease motor lorry, increase cash
4. Increase machinery and equipment, increase in accounts payable
5. Increase in office furniture , increase in accounts payable
Chang industries has bonds outstanding with a par value of 210400 and a carrying value of 218600. if the company calls these bonds at a price of 214000, the gain or loss on retirement?
Answers
When Chang Industries calls the bonds at a price of $214,000, they will experience a loss of $4,600 upon retirement.
To determine the gain or loss on retirement, we need to consider the par value, carrying value, and call price of the bonds.
1. Par value: The face value of the bond, which is $210,400 in this case.
2. Carrying value: The value of the bond on the company's books, which is $218,600.
3. Call price: The price at which the company calls the bonds, which is $214,000.
To calculate the gain or loss on retirement, we need to compare the call price with the carrying value:
Gain or Loss on Retirement = Call Price - Carrying Value
= $214,000 - $218,600
= -$4,600
Since the result is negative, Chang Industries will incur a loss of $4,600 on the retirement of these bonds. This loss occurs because the company is calling the bonds at a price lower than their current carrying value on the books.
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