Answer:
Features of Public Limited Company:
Easy Transferability.
Perpetual Succession.
Limited Liability.
Paid-Up- Capital.
Name.
Directors.
Prospectus.
Borrowing capacity.
Explanation:
Answer:
micropreneur
Explanation:
Based on the information provided within the question it is apparent that Allison Logue is an example of a micropreneur. This term refers to any entrepreneur that decides to create and manage a very small business as well as undertaking all the benefits and risk associated with it. These small businesses allow the owner to follow a very strict design and also have a balanced life outside business as it does not require as much time investment as bigger business'.
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Answer:
a. Advertising expenses are usually viewed as <u>period</u> costs.
b. An example of factory overhead is <u>plant depreciation</u>.
c. Direct materials costs and direct labor costs are called <u>conversion</u> costs.
d. Implementing automatic factory robotics equipment normally <u>decreases</u> the factory overhead component of product costs.
e. Materials that are an integral part of the manufactured product are classified as <u>direct materials</u>.
f. An oil refinery would normally use a <u>process</u> cost accounting system.
g. The balance sheet of a manufacturer would include an account for <u>work in process inventory</u>.
h. The wages of an assembly worker are normally considered a <u>product </u>cost.
Answer:
The answer is below
Explanation:
According to a Fair Labor Standards Act, FLSA, guidelines regarding working hours apply to Hayim's employees in the following ways:
1. All the workers, (either full time or part-time) is entitled to remuneration based on minimum wage.
2. All the employees should work based on the guideline regarding maximum hours
3. The minimum age is applicable to all the employees
4. Remuneration of the employees must be based on the applicable Pay rates
5. There must be mandatory break periods for all workers, regardless if it is full time or part-time workers.
Answer:
The answer is B.
Explanation:
Let's define the terms:
Short-term obligation is the obligation that will be repaid within a year. For example, a six-month loan or 12-month loan.
Long-term obligation is the obligation that will be repaid more than a year. For example, a bond.
Refinancing a loan is the process of repaying an existing loan with a new loan.
Refinancing a short term obligation on a long term means to replace short-term loan with a long term loan for an uninterrupted period extending beyond one year.
Under U.S. GAAP, there are certain conditions to be met before recognizing short-term obligations as long-term obligations:
if an entity has the intent and ability to refinance the obligation on a long-term basis, as demonstrated by either (1) the issuance of a long-term obligation or equity securities after the balance sheet date or (2) a financing agreement that clearly permits the entity to refinance on a long-term basis.