Answer:
A) Rent
Explanation:
This is a fixed cost because rent generally does not change.
Situations in which an employer would be required to pay overtime are:
A salaried employee works on a Saturday
A salaried employee works on a federal holiday
Explanation:
Overtime payments are required b the law to pay to a firm when they make their employees work over the permissible limit of work or hat is allowed int he job contract as the work limit for the company.
The concept is introduced for salaried workers as the work for a salary for the month and not on the hourly basis.
They are to be paid whenever they are made to work over whatever is in their contract which includes Saturday for most workers who do not have an off then and also on federal holidays invariably.
I would say that the stock market deals with selling and buying shares according to the confidence of the shareholders in say the price of metals and the quality of the companies' assets, whereas for currency exchange, it is based on the exchange rates between currencies and converting one to the other.
Answer: 1Credit 2Credit 3Credit 4Debit 5Debit 6Credit 7Debit 8Debit 9Debit 10Debit 11Debit 12Debit
Explanation:
1 Due to divident is an obligation payable the nature of the transaction is to decrease the amount so you will have a credit in cash for the money that you will pay. 2 Prepaid rent is rent paid prior to the rental period to which it relates, so you have to register the prepaid asset and the cash that you will pay. You will have a credit in cash for this payment. Remind that during the month to which the rent payment actually applies you have to charges the payment to expense. 3Nature of Sells are credits, as you will have the sell of goods and an accounts receivable (debit). 4 Inventory is an Asset so the nature is debit, as a result of the transaction you will have an accounts payable (credit). 5 Supplies are Asset so the nature is debit, as a result of the trasaction you will have a money outflow. 6 Payment to employees are liabilities so the nature is credit as you have a money outflow. 7 As you will receive money for the issue of stock, the nature is debit. 8 The collection of cash will generate a money inflow so is debit. 9 For the loan you will obtain cash you is debit for the money inflow and credit for the loan. 10 The supplies used will be an expense so the nature is debit. 11 For the advacen payment you will have a money inflow so is debit. 12 The accrued employee wages are expenses so the nature is debit.
Answer:
a) see attached image
b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs
c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets
Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs
e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.
Explanation: