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2 years ago

1- According to economist Milton Friedman which of the following is the main purpose of a business?

Business

1 answer:

Stells [14]2 years ago

8 0

Answer:

A mean purpose of business is to get profit

Explanation:

because in a business there is amount of money invested

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Eisler Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant. After issuance, the

Zolol [24]

Answer:

In the books of Eisler Corporation :

Cash ( 2,000 x 1,000 x 101 %) A/c Dr. 2,020,000

Discount on Bonds Payable A/c Dr. $59,216

To Bonds Payable 2,000,000

To Paid-in Capital : Stock Warrants 79,216

Workings:

Bond issue proceeds proportionately allocated to bonds:

$=2,020,000\times\frac{980}{980+40}$

= 1,940,784.31

Discount on bonds payable = $ 2,000,000 - $1,940,784

= $59,216

4 0

3 years ago

Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $480,000, va

Ksenya-84 [330]

Answer:

The company will lose $85,000 if the product line is discontinued

Explanation:

Giving the following information:

Sales= 480,000

variable expenses= (360,000)

Contribution margin= 120,000

fixed expenses= (140,000)

Net operating income= (20,000)

If Gator eliminates the line, $35,000 of fixed costs will remain.

We need to determine the effect on income if the product line is discontinued.

Effect on income= fixed costs - net operating income

Effect on income= -105,000 - (-20,000)

Effect on income= -85,000

The company will lose $85,000 if the product line is discontinued

8 0

3 years ago

Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materi

UNO [17]

Answer:

Units transferred out = 760

Explanation:

If we assume that all units are completed in the order of arrival i.e (FIFO), then the units transferred out is the sum of the opening inventory and the units started and completed in the period. The units started and completed in the period is referred to fully-worked.

Fully worked is computed as the units started in the period less the closing inventory .

Fully- worked = 800 - 240 = 560

The units transferred out = opening inventory + Fully-worked

= 200 + 560 = 760

Units transferred out = 760

Note we assumed that the units of the inventory( started last period i.e January) would be worked on first in the month of February before any other units. So, it is assumed completed by the end of February

6 0

3 years ago

DoorWay Computers, Inc., the trademark owner of "DoorWay," sought a court injunction to prevent Handyman Hardware, Inc. from usi

amid [387]

Answer:

False

Explanation:

Because the injunction is the legal remedy that the special court's judge orders not the jury. The order enforce a party to do what must be done or refrains it from doing specific acts that harms the other party. So saying that Doorway sought the court injunction in which the jury decides the right course of action is incorrect because injunction is the warning of judge not of jury.

3 0

3 years ago

Esther lugo has gone for an interview at an advertising firm in manhattan and has been asked to complete a self-report survey to

postnew [5]

These characteristics about Lugo indicate her <u>"personality".</u>

Personality alludes to individual contrasts in characteristic patterns of reasoning, feeling and carrying on. The study of personality centers around two expansive territories:

One is understanding individual differences specifically personality qualities, for example, amiability or touchiness.

The other is seeing how the different parts of a man meet up all in all.

6 0

3 years ago