A price floor is the mining price that can be charged for an item. A binding price floor is a price set above market average pricing. Since the government regulates this and will not let them sell below the average market price, the price is set in stone for the products price in the market.
Foreign saving is used for domestic investment when
foreigners engage in either foreign direct investment or foreign portfolio
investment.
<span>To add, ‘Foreign savings’ and the ‘net external
resources inflows’ are the two popular acronyms used for the current account
deficit in the balance of payments.</span>
Answer:
Fifo
Explanation:
Because the stock that is bought first should be the one to be purchased first
Answer:
1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.
- Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.
2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.
- Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.
3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.
- Integrity: you must abstain from performing illegal activities, and bribery is illegal.
4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.
- Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.
Answer:
D. $375,000
Explanation:
Expected return of 13% for $1,000,000 will be $130,000
If we invest $375,000 in Stock X, our expected return based on 18% will be $ 67,500 and the remaining $625,000 will be invested in Stock X, therefore expected return based on 10% will be $ 62,500 and thereby giving the total return of $130,000 which is 13% of $1,000,000 and hence $375,000 will be invested in Stock X
