Answer:
The answer is below
Explanation:
a. Fee paid to factory representative for installation - DEBITED to Asset account
b. Freight - DEBITED to Asset account
c. Insurance while in transit - DEBITED to Asset account
d. New parts to replace those damaged in unloading - NOT DEBITED to Asset account
To understand which costs incurred in acquiring the new printing press should be debited to the asset account, it should be noted that "new parts to replace those damaged in unloading" does not lead to improvement in assets, hence, it should be considered as Expense instead of being devoted into the asset account.
The best answer is letter a.<span> It downplayed the role of government in stimulating economic growth.</span>
>>The main goal of mercantilism was to increase a nation's wealth by imposing government regulation concerning all of the nation's commercial interests.
It sticks to the belief that the national strength can be maximized by limiting imports<span> via </span>tariffs<span> and maximizing </span>exports.<span>
</span><span>
</span>
Answer:
Paraguas should borrow at LIBOR + 2.000% and swap for fixed rate debt.
Lluvia should choose funding in floating rate
Explanation:
Paraguas wants the security of fixed rate borrowing; thus it should borrow at LIBOR + 2.000% and swap for fixed rate debt, in which Libor is 5.500%; their total cost at 7.5% is still lower than Fixed rate 12.0%
Lluvia prefer the flexibility of floating rate borrowing, and its rating is better; then it can enjoy lower cost of borrowing at 5%. However it may face the increase if LIBOR increase later; vice versa if LIBOR decrease, its cost of borrowing is able to reduce also.
Answer:
1,200 shares held at a cost basis of $37.50
Explanation:
Since there are 1,000 shares are purchased
and the stock dividend is 20%
So the number of shares after the dividend is
= 1,000 × (1 + dividend percentage)
= 1,000 × (1 + 0.20)
= 1,000 × 1.20
= 1.200
And, the price per share is
= $44 + $1
= $45
So, the cost basis would be
= $45 ÷ 1.20
= $37.50
hence, the tax status of the investment is 1,200 shares held for cost at $37.50 basis
Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
