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2 years ago

In order to overcome the problem, interest groups often provide to their members.

1 answer:

5 0

In order to overcome the free rider problem, interest groups often provide attractive offers to their members. Interest groups attempt to influence developments or trends in a way that benefits its members or the cause they support, in addition to reporting on them.

This persuasion is carried out through lawsuits, political action committees, grassroots efforts, and lobbying. All interest groups share the desire to influence governmental policy in order to advance their causes or themselves. Their objective can be to implement a policy that only benefits members of their group or a particular social class.

Interest groups exist because they found different ways to draw members in order to solve the free rider issue. A contract, or exchange, between a group entrepreneur and an unorganized interest that may be underrepresented or not represented results in the formation of an interest group.

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Answer:

Accounts Amount (in Dinar)

Cash_________________28,000

Accounts Receivable_____82,000

Land________________220,000

Total Assets__________330.000

Less: Notes Payable___(170,000)

Net Assets___________160,000

The translation adjustment for this subsidiary for the year 2017?

Particulars Amount in Dinar Translation Rate Amount in Dollar

Net assets, 1/1_______160,000__________0.50_______80,000

Add: Rendered services_140,000________0.57________79,000

Less: Incurred expense _(120,000)________0.59_______(70,800)

Net assets, 12/31_______180.000___________________88,200

Net assets, 12/31 at current__180,000______0.61_______109.800

Translation adjustment (positive) ____________________(21,600)

What is the remeasurement gain or loss for 2017

Particulars Amount in Dinar Translation Rate Amount in Dollar

Net Monetary Asset, 1/1 __28,000________0.56_______15,680.00

Add: Rendered services_140,000________0.57________79,000

Less: Incurred expense _(120,000)________0.59_______(70,800)

Add:Accounts Receivable_80,000________0.56______44,800

Less: Accounts Payable_(170,000)________0.56_____(95,200)

Net monetary assets, 12/31_(42,000)______________(26,540.00)

Net monetary assets, 12/31 at current exchange rate

(42,000)_________0.61____(25,620)

Remeasurement gain - - 920.00

Translated value of land is $134,200 ( derived from 220,000 dinar x 0.61)

Remeasured value of land is $116,600 (derived from 220,000 dinar x 0.53)

Explanation:

Accounts Amount (in Dinar)

Cash_________________28,000

Accounts Receivable_____82,000

Land________________220,000

Total Assets__________330.000

Less: Notes Payable___(170,000)

Net Assets___________160,000

The translation adjustment for this subsidiary for the year 2017?

Particulars Amount in Dinar Translation Rate Amount in Dollar

Net assets, 1/1_______160,000__________0.50_______80,000

Add: Rendered services_140,000________0.57________79,000

Less: Incurred expense _(120,000)________0.59_______(70,800)

Net assets, 12/31_______180.000___________________88,200

Net assets, 12/31 at current__180,000______0.61_______109.800

Translation adjustment (positive) ____________________(21,600)

What is the remeasurement gain or loss for 2017

Particulars Amount in Dinar Translation Rate Amount in Dollar

Net Monetary Asset, 1/1 __28,000________0.56_______15,680.00

Add: Rendered services_140,000________0.57________79,000

Less: Incurred expense _(120,000)________0.59_______(70,800)

Add:Accounts Receivable_80,000________0.56______44,800

Less: Accounts Payable_(170,000)________0.56_____(95,200)

Net monetary assets, 12/31_(42,000)______________(26,540.00)

Net monetary assets, 12/31 at current exchange rate

(42,000)_________0.61____(25,620)

Remeasurement gain - - 920.00

Translated value of land is $134,200 ( derived from 220,000 dinar x 0.61)

Remeasured value of land is $116,600 (derived from 220,000 dinar x 0.53)

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3 years ago

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In order to overcome the ________ problem, interest groups often provide ________ to their members.

In order to overcome the problem, interest groups often provide to their members.