Answer:
The correct answer is letter "A": ABC company.
Explanation:
Corporations and governments finance their activities by issuing stock or bonds which are <em>purchased by the public directly from the issuing corporation or government entity</em>. This is considered the primary market, which provides investors their first chance to purchase new security.
Answer:
The entries to record the transactions are given below.
a. Provide music lessons to students for $7,000 cash.
Debit Cash Asset $ 7000
CreditService Revenue income $ 7000
b. Purchase prepaid insurance to protect musical equipment over the next year for $3,000 cash.
Debit Prepaid Insurance equipment Asset $ 3000
Credit Cash Asset $ 3000
c. Purchase musical equipment for $10,000 cash.
Debit Equipment Asset $ 10,000
Credit Cash Asset $ 10,000
d. Obtain a loan from a bank by signing a note for $10,000
Debit Cash Asset $ 10,000
Credit Notes payable $ 10,000
Answer: Public relations
Explanation:
Public relations is the practice of managing information release and its spread deliberately between an individual, organization and the public.
Public relations is controlled internally and it is form of communication management which seeks to influence the opinions, feelings, or beliefs that are held by customers, suppliers, stockholders, and employees, about a firm and its products.
Answer:
Norway
Explanation:
UK and Norway are producing two goods: Oil and shoes
UK's opportunity cost of producing 1 unit of oil = 2 pairs of shoes
Norway's opportunity cost of producing 1 unit of oil = 1/2 pair of shoes
Therefore,
Once trade is allowed among the trading nations, then a nation is exporting a commodity in which it has a comparative advantage and importing a commodity in which it has a comparative disadvantage.
Norway has a comparative advantage in producing oil because it has a lower opportunity of producing oil as compared to UK.
Hence,
Norway should produce oil.
