Answer:
Better Business Bureau
Explanation:
The Better Business Bureau was founded to increase the trust of investors and other stakeholders in the profit making and non profit making organizations by fining and punishing the organization and its management involved in pursuing dishonest business practices. The organization investigates and carry on forensic audits to conclude whether or not the company was pursuing any dishonest business practices or not.
<u>Calculation of retained earnings beginning balance:</u>
Retained earning beginning balance can be calculated using the following formula:
Retained earnings ending balance = Retained earning beginning balance + Revenue – Expenses - Dividends
Hence using the given information we can solve the equation as follows:
3,050 = Retained earning beginning balance + 1935 – 1065 - 550
3,050 = Retained earnings beginning balance +320
Retained earnings beginning balance = 3050-320 = $2,730
Hence, Retained earnings beginning balance is <u>$2,730</u>
Answer:
A. Factors associated with market risk.
Explanation:
Inflation, recession, and high-interest rates are economic events that all investors need to be aware of. Diversification can lower these risks, but does not eliminate them. They generally are beyond the control of investors, but they should always be considered by security analysis, portfolio managers, and stockbrokers. They are not irrelevant in any way, shape, or form. Everything done with stocks, bonds, and mutual funds should be coordinated based on inflation, recessions, and high interest rates.
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
Answer:
d. She is discharged from performance because of impossibility of performance.
Explanation:
Alice's refusal to keep Creaky and Toady can be based on fact that She is discharged from performance because of impossibility of performance. Discharge of contract by impossibility of performance usually occurs when the contractual duty cannot be performed due to unforeseen and uncontrollable circumstances, such as death, illness etc, which can lead to the party been released from a contract on the ground that such uncontrollable circumstances have rendered performance impossible.