Answer:
business involvement
Explanation:
One of the things that a limited liability partner has that a limited partner does not have in a limited partnership is business involvement. Limited Liability partners are involved in business decisions and tasks. This is because they (along with the other liability partners) take responsibility for the debts and losses that the company acquires. Therefore since it affects them, they take part in the decision making process.
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Since you mentioned that Baldwin compamny will expand to another company with better edge (products etc.) to appear on top, that simply means they are actively competing against the company they are expanding to while employing blue ocean strategy.
Therefore, the strategy they are using is none other than BLUE OCEAN STRATEGY.
Answer: Wages account debit
Wages payable account credit
Explanation:
Sdjusting entries are simply referred to as the journal entries that are made when the accounting period ends such that there is allocation of the income and the expenditure incurred by the economic agent to the period in which the income and the expenditure occurred.
In this case, the adjusting journal entry passed by the accountant will be to debit the wages account by $1500 and then credit the wages payable account by $1500.
Answer:
Predetermined manufacturing overhead rate= $35.65 per machine hour
Explanation:
Giving the following information:
Estimated the machine-hours= 45,900
The estimated variable manufacturing overhead was $7.53 per machine-hour.
The estimated total fixed manufacturing overhead was $1,290,708.
<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (1,290,708/45,900) + 7.53
Predetermined manufacturing overhead rate= $35.65 per machine hour
The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.
Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy
Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put <u>decreased</u> pressure on the money supply, and the Fed would act by <u>decreasing</u> the discount rate.
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