Answer:
The primary difference between product markets and factor markets is that:
Product markets are markets related to products, goods, tangible finished items. This is where you'll get your product for sale and where people will buy it.
while
Factor markets are for the factors of production, mostly intangible, like labor, capital and entrepreneurial skills. This is what you'll use (including raw materials) to make your product.
Answer: D. Current ratio will decrease and total debt to equity ratio will decrease.
Explanation:
The Current ratio is calculated by dividing the firm's current assets by it current liabilities. This transaction will have the effect of reducing the cash account of Silica Labs by $500,000 which means the numerator will be less in the equation which would lead to a lesser Current ratio.
The total debt to equity ratio is calculated by dividing the firms's total debt by its equity. Silica offered equity to June thereby increasing their equity account. This will mean that the denominator has increased in the equation which will lead to a lesser total debt to equity ratio.
Answer:
U.S. dollars = 14.012 U.S. dollars
Explanation:
Below is the exchange rate:
0.92777 Canadian dollars = 1 U.S dollars
Thus to find the amount of U.S. dollars bought from the 13 Canadian dollars, just divide the 13 Canadian dollars from 0.92777. Therefore the resulting answer will be the U.S. dollars.
U.S. dollars = 13 / 0.92777
U.S. dollars = 14.012 U.S. dollars
Answer:
certain jobs are excluded from minimum wage or overtime requirements. E.g. generally white collar jobs are exempt. Exemptions include other types of jobs, especially temporary jobs.
__B___ 6. Auto mechanic
___A__ 7. Fruit picker ⇒ seasonal job
__A___ 8. Worker on a foreign-flag cruise ship ⇒ they are not employed by an American company
__B___ 9. Librarian
__A___ 10. Taxi driver ⇒ earn sales commissions
__A___ 11. Real estate agent ⇒ earn sales commissions
__B___ 12. Bellperson at a hotel ⇒ They are not exempt, but their minimum wage is much lower.
__A___ 13. Computer programmer (paid more than $27.63 per hour)
__A or B___ 14. Hairdresser ⇒ depends if they are paid based on sales commission or not, or if they receive tips. Hairdressers that receive commissions are exempt, and those who receive tips have a lower minimum wage. Only hairdressers that are paid on an hourly rate and do not receive commissions or tips must be paid a minimum wage. This applies generally to apprentices.
__B___ 15. Bank teller
Answer:
The correct answer is b. their transactions with the cooperative.
Explanation:
A general cooperative society is the one that controls or acts as the "parent" of the other incorporated cooperatives, therefore the accounting management of all of them as a whole will be considered in a consolidated statement of their operations. As there are mutual operations between the incorporated and the parent, it is expected that all obligations, rights or duties will be transferred to a principal in order to recognize the accounting reality of the management of a parent company over others of lower rank considered subordinate.
