Answer: False
Explanation:
According to the Accounting equation, the debit side must equal the credit side.
The Commercial mortgages for this bank are on the debit side so if they reduce, the credit side will have to reduce as well to remain in balance.
The Equity will therefore not rise but rather decrease in value so that the two sides will be balanced.
Answer:
a. $11
b. $22
c. Range is $11 to $22
Explanation:
Part a
The lowest acceptable (minimum) transfer price is the price that is acceptable to the transferring division and out of a range of prices, it could be that which would be the best for the company.
Minimum Transfer Price = Variable Costs per unit - Internal Savings + Opportunity Cost
where,
Variable Costs per unit = $11
Internal Savings = $0
Opportunity Cost = $0
therefore,
Minimum Transfer Price = $11
Part b
The highest acceptable(maximum) transfer price is the maximum price that causes the receiving or buying division to breakeven. It could also be the price at which they could purchase the product in the market at arms length position.
therefore,
Maximum Transfer Price = $22
Part c
The best range of acceptable transfer prices must encourage goal congruence, must facilitate measurement of performance and divisions should function autonomously.
therefore,
The best range of acceptable transfer prices is within the Minimum and Maximum Transfer Price.
Answer:
d. set aside the award.
Explanation:
Arbitration is the means by which legal issues are settled with the help of an impartial party called the arbitrator. In an arbitration the parties are bound by decisions made. All parties must be present and agree to the settlement terms.
However in this instance the arbitrator met with only one party (Far Trade Company) and made a settlement. This settlement is not binding on Global Shipping since they did not attend the meeting and agree to the settlement terms.
There are many balanced federal systems that would work, for example, the study of planets (micro) in the solar system (macro), or solar systems (micro) in the galaxy (macro).
A balanced budget is a budget monetary plan wherein sales are the same as expenses, such that there's no budget deficit or surplus. Balanced price range. Balanced finance occurs when total sales same general outlays for a financial twelve months.
A few economists argue that moving from a budget deficit to a balanced price range decreases hobby prices, will increase investment, shrinks alternate deficits, and facilitates the economy to develop faster in the long term. shortage manner human wishes for goods and offerings exceed the available supply. supply is confined because resources are limited. demand, but, is absolutely unlimited.
Learn more about the Federal budget here:-brainly.com/question/3423211
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Answer:
option (b) $55,000
Explanation:
Data provided in the question:
Cash distributed = $15,000
Fair market value of the land = $50,000
Inside basis at the time of the distribution = $52,000
Gupta's outside basis = $70,000
Now,
Gupta's Outside basis = Cash + Basis in land
or
$70,000 = $15,000 + Basis in land
or
Basis in land = $70,000 - $15,000
or
Basis in land = $55,000
Hence,
The answer is option (b) $55,000
