Answer: Investment Banker
Explanation:
Investment bankers are the go to entities in the financial.world when one wants to embark on an IPO.
They play a very good role of Underwriter as they have an expertise in this market. The process works by the Investment bank giving advice to the company in question, researching and marketing information on the shares to be sold, and follow up advising afterwards.
As an underwriter, Investment banks sometimes buy up all the shares at a lower rate and then resell it, this ensures that all of the company's shares are sold.
Answer:
Allocated to the the word processing products would be$80
To the spreadsheet would be allocated revenues for $170
Explanation:
In order to calculate how much of the $250 revenue from the bundled product sale would be allocated to the the word processing products we would have to use the following formula:
allocated to the the word processing products= sold price suits- spreadsheet price
allocated to the the word processing products= $250-$170
allocated to the the word processing products=$80
To the spreadsheet would be allocated revenues for $170
Answer:
True
Explanation:
In optimizing, business processes are aligned to fulfill customers' needs, wants, and desire but at a reduced cost.
Therefore customers are satisfied both with the quality of what they have and the price at which it was sold.
Answer:
The match is as follow
1. Posting ⇒ E. Copying data from the journal to the ledger
2. Expense ⇒ A. The cost of operating a business; a decrease in stockholders' equity
3. Debit ⇒ K. Left side of an account
4. Trial Balance ⇒ L. The book of accounts and their balances
5. Equity ⇒ F. Assets - Liabilities
6. Net Income ⇒ G. Revenues - Expenses
7. Receivable ⇒ B. Always an asset
8. Chart of Accounts ⇒ H. Lists all accounts with their balances
9. Payable ⇒ I. Always a liability
10. Journal ⇒ D. Lists a company's accounts and account numbers (no account balances in this item)
11. Normal Balance ⇒ C. Side of an account where increases are recorded
12. Ledger ⇒ J. Record of transactions
Answer: All of a country's citizens pay the <u>government</u> an income tax that is 7% of their annual earnings. This tax is a <u>Proportional</u> tax.
<u>Explanation:</u>
The government of a country receives revenue in many forms. With this revenue, the government provides services to the people of the country and works for their betterment. One of the modes of income of the government is the taxes that the people pay to the government.
The citizens of the country have to pay a certain percentage of the income that they on an annual basis. That percentage is 7% of the annual earnings to the government in the form of taxes. This form of tax is proportional tax because only a certain proportion of the total income is to be paid by the people to the government. In return the government has to provide services like building roads, tracks, providing street lights and so on which is to make the lives of the people easier and better.
