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icang [17]
3 years ago
14

Which of the following is a true statement about the U.S. workplace? A. It has changed little over the past 110 years. B. Today'

s ten largest firms are related to heavy manufacturing and agriculture. C. Retail and communications firms are on the decline. D. The twelve fastest-growing occupations are technology-based and/or tied to the health professions.
Business
2 answers:
Nonamiya [84]3 years ago
8 0

<span>The correct answer is C. Retail and communications firms are on the decline.</span>

With technology becoming easily accessible to all people in all walks of life, consumers are finding it easier to do everything with their mobiles and computers. Communicating is as easy as sending a chat message and buying items online is definitely more appealing that spending time in a physical shop.

 

Zigmanuir [339]3 years ago
4 0
<span>Which of the following is a true statement about the U.S. workplace? Retail and communication firms are on the decline. The reason retail and communication firms are on the decline because consumers are more likely to order items offline due to convenience instead of visiting a retail store to make their purchase. This is being observed within many different types of purchasing because people can order food online, groceries, toys and much more and they can do everything without even speaking to another human being.</span>
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The three objectives of monetary policy are :
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2 years ago
32. Peter must decide if he should add one more dog to his dog-walking business. What is this decision an
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Explanation:

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2 years ago
On January 23, 10,000 shares of Tolle Company are acquired at a price of $30 per share plus a $100 brokerage commission. On Apri
Vaselesa [24]

Answer:

January 23rd

Dr Investment in Tolle                 300,100

Cr Cash                                        300,100

(to record the acquired of 10,000 Tolle's shares at $30 each and a brokerage cost of $100)

April 12th

Dr Cash                                 5,000

Cr Dividend Revenue          5,000

(to record dividend revenue from 10,00 Tolle's shares at $0.5 each)

June 10th

Dr Cash                                           135,900

Cr Investment on Tolle                 120,040

Cr Gain on investment disposal   15,860

(to record the sales of 4,000 Tolle's shares at $34 plus $110 commission fees incurred).

Explanation:

All the explanation is given at the end of each transaction. Further explanation as below:

Given there is no information mentioned whether the share acquired is fro 20% to above and the partial disposal of the investment comes quite near to the time of first acquire; we apply the Cost Method for accounting these transactions.

In the June 10th transaction, we have:

- The actual selling price per share = (Selling price x share sold - Brokerage commission) / share sold = ( 34 x 4,000 - 100) / 4,000 = $33.975;

- The cost of share sold per share = ( Purchasing price x share purchase - Brokerage commission)/ share purchased = ( 30 x 10,000 + 100) / 10,000 = $30.01

=> Cost of share recorded ( Cr Investment account) = 30.01 x 4,000 = 120,040;

=> Gain on investment disposal = ( 33.975 - 30.01) x 4,000 = 15,860.

=> Cash receipt = 4,000 x 34 - 100 = $135,900.

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