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3 years ago

Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:

Business

1 answer:

RUDIKE [14]3 years ago

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Answer:

1. Which amount related to this purchase should be recorded in the accounting records?

d. 160,000.

According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.

2. The resources owned by a business are its _____.

c. assets.

Assets are all the resources a business uses to carry out their normal business activities and operations.

3. The rights and claims of creditors on a company's assets are represented by _____.

a. liabilities.

Liabilities represent all the debts that a company has.

4. Which element of the accounting equation represents the rights of owners?

b. owner's equity.

Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.

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Which best describes the barrier to trade known as dumping? Destroying shipments of imports to force consumers into purchasing d

Lana71 [14]

Answer: Selling exports abroad at a lower price than the domestic price.

Explanation:

Dumping is a practice in international trade where the country exporting, does so at a price that is lower than the domestic price of the good being exported in the importing country.

This allows the country exporting to gain more market share but can also lead to the collapse of the domestic industry thereby allowing for an export based monopoly to form.

An example would be Japan selling electronics in the U.S. at lower rates to capture market share even though those same electronics commanded a higher price in Japan.

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3 years ago

Gary is the founder of an animal shelter; he shares a special bond with animals. Hence, he prefers to employ people who care for

Harrizon [31]

Answer:

normative control

Explanation:

Normative control refers to using the values that the employees share as standards instead of using policies to influence the desired behaviors. According to this, the answer is that this is an example of normative control because Gary employs people that share certain values and behaviors and these become the standard to perform their jobs.

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3 years ago

Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.

lana [24]

Based on the information, it can be deduced that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.

Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

Learn more about model on:

brainly.com/question/25993624

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2 years ago

You survey 125 employees and determine that 25 are extremely unhappy. As you walk the floor, you run into a random employee, wha

Alex17521 [72]

Answer:

0.2 or 20%

Explanation:

The odds of meeting an unhappy person will be the no. of unhappy people divided by the sample size.

=25/125

=1/5

The odds are 1 in every five people is extremely unhappy.

1/5 = 0.2 or 20%

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3 years ago

In a marketing context, receivers are only those:_______. a. consumers who read, hear, or see a message about a product or servi

makvit [3.9K]

Answer: B. consumers who read, hear, or see the message sent by a source during the communication process.

Explanation: Marketing messages receivers as those consumer who will received the marketing messages either by reading it, hear it or see it through a source channel.

These receivers need not to interpret it with their beliefs or promote the message, the aim objective in marketing messages is that receivers gets the message.

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3 years ago