Answer:An equity interest valued at $5,000 owned by the investigator's spouse in a company that produces products related to the investigator's institutional responsibilities.
Explanation: U.S. public health service is an organization of the United States Government, it employs about 6000 employees as public health professionals whose main aim is to promote public health,carry out activities to prevent diseases and advance public health science and Health assurance. An equity interest valued at $5,000 owned by the investigator's spouse in a company that produces products related to the investigator's institutional responsibilities would be considered as a significant Interest.
Answer:
This is correct
Explanation:
There will be two entries. One at the time of receiving cash on 1st July . That would be
Cash. B. $6600 (debit)
Unearned Rent Revenue. $ 6600 (credit)
On 31st Dec an adjusting entry would be made . The rent for 6 months will be calculated which will be as given above.
Rent for 6 months = ( 6,600/12 )* 6= $ 3,300
The entry will be
Unearned Rent Revenue $3,300 (debit)
Rent Revenue $ 3,300 (credit)
$ 3300 will be deducted from the current liabilities on the credit side.
Rent Revenue of $3300 will be added on the credit side of the income statement.
Answer:
D. Economic value created.
Explanation:
The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.
Following is the formula for calculation of economic value created:
Economic Value Created = Value customer willing to pay - Cost of product
Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:
Economic Value Created = $600 - $400 = $200
So the correct option is option D.
It already does affect the workplace.
