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azamat
3 years ago
6

How was Samsung able to go from a copycat brand to an innovation leader?

Business
1 answer:
xeze [42]3 years ago
6 0
They still are a bad brand no offense
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On January 1, Greenview Company adopted the dollar-value LIFO method. The inventory cost on January 1 was $112,000. On December
Mumz [18]

Answer:

125,200

Explanation:

Adjust inventory to base year prices:

= Cost of ending inventory ÷ cost index for the year

= $136400 ÷ 1.1

= $124,000

Current year LIFO layer:

= Adjust inventory to base year prices - Cost of beginning inventory

= $124,000 - $112,000

= $12,000

Inventory to be shown:

= Add the new LIFO layer at end of period prices to prior year LIFO inventory

= (112,000 × 1) + (12,000 × 1.1)

= 112,000 + 13,200

= 125,200

7 0
3 years ago
Increased optimism about the future will lead to Multiple Choice
iragen [17]

Answer:

C

Explanation:

more current investment and more future consumption.

8 0
3 years ago
Infinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth
sesenic [268]

Answer:

a capital gain of $1,000.

Explanation:

Given,

The cost price of Equipment = $10,000

Useful life of the equipment = 10 years

Residual value = $0

Depreciation (Straight-line method) = Cost price/useful life

Depreciation (Straight-line method) = $10,000/10 = $1,000

Since, it is a straight line method, the depreciation will remain same each year. Therefore, at the end of the fifth year, the depreciation of equipment = $1,000 x 5 = $5,000

At the end of the fifth year,

The book value of the equipment= Equipment - Accumulate depreciation= $(10,000 - 5,000) = $5,000

If the company sales the equipment after the end of the fifth year,

there will be a capital gain.

Capital Gain of equipment = Sales price of equipment - book value of equipment

Capital Gain of equipment = $6,000 - 5,000 = $1,000. The journal entry will be -

Cash/Bank                              Debit       $6,000

Accumulated Depreciation   Debit       $5,000

Gain on sale of equipment                  Credit       $1,000

Equipment                                            Credit      $10,000

5 0
3 years ago
Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not r
goldfiish [28.3K]

Answer:

Don't mind this, my bad

Explanation:

8 0
3 years ago
You are concerned about a matter that has federal implications and is tremendously important in your city. You would like
Fittoniya [83]

Answer:

An example of a bill title could be

"A Act concerning the safety of public spaces"

Explanation:

If you're taking the time to write a bill then you must be concerned about a public issue so you would ask a member of congress (a representative or senate) to see to it that the bill is drafted.

The Bill is drafted by parliamentary draftsmen, who are lawyers skilled in drafting Bills. They ensure that the Bill is clear and unambiguous (unambiguous meaning that the bill is addressing a particular issue and the bill is clear and concise).

Steps in introducing a bill

(1) Creating the Bill

Members of the House of Representatives introduce or sponsor a bill after the bill has been drafted by parliamentary craftsmen. For the house of Representatives, the representative clerk assigns a number to the bill and for the senate a senate clerk assigns a number to the bill.

(2) Commitee Action

A committee is assigned to study the bill after it has been introduced. Commitees are assigned according to their functions , for example if a bill is about fire outbreaks, the committee in charge of fire hazards is assigned to look into the bill. Often a committee will refer the bill to one of its subcommittees. The subcommittee may request reports from government agencies. Experts and interested parties have an opportunity to offer testimony regarding the issue.

After all these are done, the full committee may make a recommendation to pass the bill, to revise (i.e., mark up) and release the bill, or to lay the bill aside (also known as tabling the bill).

(3) Floor Action

If the Bill is recommended to be marked up and released The bill is then returned to the full House of Representatives or Senate for further deliberation and approval. Here, members involved may propose amendments to the bill, add additional any relevant text, or otherwise alter the bill slightly.

(4): Vote

House of Representatives or Senate members vote on their respective versions of the proposed bill.

(5) Conference Committees

A bill must be approved by both Chambers of Congress (The House of Representatives and the Senate).

If the Senate has ammended and passed a bill that the House of Representatives has previously passed or vice versa, the two Chambers begin to resolve any legislative differences between the House of Representatives and Senate versions of the bill by having a conference committee.

When the chambers go to conference, the House and Senate send representatives to bargain and negotiate.

The final compromise is drafted or written in a Conference Report that must have been agreed to by both chambers before it is cleared for presidential consideration.

(6) Presidential Approval

After the bill is passed by both Chambers it is sent to the President for his approval (the president approves by signing the bill). If the Bill is, it becomes a Public Law.

When a President comments on but refuses to sign a bill it becomes a vetoed bill.

A vetoed bill is either rejected or it returns to Congress (The House of Representatives and Senate) for reconsideration.

If the President does not act within 10 days the bill automatically becomes law.

If the President does not sign the bill and the Congress does not act during the 10 days after the bill is sent to the President, the bill is automatically vetoed.

When the last scenario happens, it is known as a pocket veto.

(7) The Creation of a Law

The Public Law is assigned a number by the Office of Federal Register and the Government Printing Office prints a copy of the law.

Laws are issued first in slip form or a single publication. Later it is organized in the order in which it was passed. Finally, it is filed into subject order so that all laws concerning the same topic fall together.

A regular obstacle most bills pass through would be the inability to pass stage 2 ( ie the bill is tabled). This usually happens when an already existing bill solves the stated issue or the stated issue isn't really an issue. For this to be prevented, do research on your bill to see if laws are already in place and check if your bill would cause harm or be detrimental to the general public.

Your bill becomes a statue (a statue is a written law passed by the goverment as opposed to a verbal law or normal/expected code of conduct or a social norm).

For a bill to be cited -

Include:

The name of the bill (and if relevant), the abbreviated name of the regulatory body (either the house of Representatives or the senate H.R. or S.),

The number of the bill,

The number of the Congress, and

The year of the law's publication.

7 0
3 years ago
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