<span>Assuming no other transaction happened during the year, the long term investments in the balance sheet will increase. The answer is letter A.This is because Joan already purchased 10,000 shares of Smith Metals Inc. for $34,000 in exchange for cash and at the same time, she holds 3.2% of the voting stock of Smith Metals Inc. Also, Joan's company, Steel Inc. wanted o hold the stocks for two years.</span>
The adjusting entry to decrease the merchandise inventory under <em>the lower of cost or market value computations</em> includes a debit to the Cost of Goods Sold and a credit to the Merchandise Inventory.
The <em>Lower of Cost or Market Value</em> determines the value of inventory based on either the cost of the item or the market value, whichever is lower.
Thus, since the merchandise inventory decreases by the entry, the cost must be higher than the market value.
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Answer:
Continue to grow, but successively become stronger over the next 50-60 years.
Explanation:
- The Total Fertility Rate is a mark of the total number of children born to a woman in her life spam.
- Total Fertility Rate of about 2..0 means 2 children per woman in her life spam.
- If a country reduces it up to 2.0 the country gets stable in a half-century because the population also depends on Total Mortality Rate.
It is highly beneficial for the country but its effect will found after many years.
Answer:
in this scenario, susan and sam has not done any wrong things.
but Martin has manipulated sam to take revenge from susan for firing him.
so in this case, no susan is not obliged to pay. she can take action against martin and after proving in a court of law about martin's manipulation, he will be liable to pay.
Explanation:
Answer:
Generally convertible bonds are cheaper than normal corporate bonds since the warrants that allow bondholders to convert them to stocks carry a price. If the stock price is undervalued, so will the warrants. This means that yes, the company will also lose money if they issue convertible bonds.
But what is really important here is what action results in the lowest loss. Issuing common stock will probably result in higher losses than issuing convertible bonds.
