Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.
A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:
The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).
The money of the nation whose laws and competition have the biggest impact on retail pricing.
The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).
The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.
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Answer:
Aristotle argues that what differentiates human beings from other animals is the human reason.
Explanation:
"Good life" can be seen as the one in which a person understand and exercise their rational faculties. The word "good" can be used to show moral approval. Therefore, for someone to be called good, they must have possessed and practiced many important virtues and not pursuing their own pleasure all the time.
According to Aristotle, happiness consists in achieving all the goods like health, wealth, knowledge, friends etc throughout a lifetime. He sees happiness as the central purpose of human life.
Aristotle believes that the highest good is a solitary nucleus which all other goods are acted upon and this highest good is happiness.
Answer:
$18.3 million
Explanation:
Financing activities: It includes those activities which comes under the long term liabilities and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption, dividend, and the purchase of treasury stock is an outflow of cash.
The computation of the amount reported as a net cash flows from financing activities is shown below:
Cash flow from Financing activities
Issuance of common stock $38.6 million
Less: Purchase of treasury stock -$20.3 million
Net Cash flow from Financing activities $18.3 million
Answer:
The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.
Explanation:
Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.
Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.
Answer:
The correct answer is comparable worth.
Explanation:
Comparable worth is a legal concept that applies to workplaces. In essence, this concept argues that all jobs or positions that are considered by the employer of similar value must be compensated in the same way, regardless of the gender of the employee. In some places, this concept of equal pay for work of equal value is also about inequality in remuneration based on race or sexual orientation. At its heart, comparable value focuses on ensuring that people who are contributing to acceptable levels for a business or other organization are compensated equally and without any prejudice or discrimination.
