The Sherman Act prevents monopolies and conspiracies from fixing prices, fixing bids, or dividing a market between competitors.
Answer:
False Statement:
B. Only II is False.
Explanation:
If the cash flow from a project is farther out, the present value will be lower, all else being equal. This is because of the time value of money. This concept states that the money you receive today is higher in value than the same amount received in the future. And if the future is father out, then the value of the money will continue to reduce in relative value based on this time value of money concept.
Answer:
Part a
Debit : Accounts Receivable $18,000
Debit : Cost of Sales $10,800
Credit : Sales Revenue $18,000
Credit : Inventory $10,800
Part b
Debit : Cash $16,200
Debit : Discount allowed $1,800
Credit : Accounts Receivable $18,000
Part c
Debit : Accounts Receivable $600
Credit : Cash $600
Explanation:
The perpetual method calculates the cost of sales for each transaction made.
See the journals prepared as above
Answer:
$1,079 billion
Explanation:
Given that,
Consumption of Fixed Capital = $25
Government Purchases = 315
US imports = 260
Personal Taxes = 45
Transfer Payments = 247
US Exports = 249
Personal Consumption Expenditures = 475
Net Foreign Factor Income = 5
Gross Private Domestic Investment = 300
Taxes on Production and Imports = 245
Undistributed Corporate Profits = 60
Social Security Contributions = 240
Corporate Income Taxes = 65
Statistical Discrepancy = 40
GDP:
= Personal Consumption Expenditures + Gross Private Domestic Investment + Government Purchases + Net exports
= $475 + $300 + $315 + ($249 - $260)
= $1,079 billion
Answer:
B) Federal Sentencing Guidelines for Organizations Act.
Explanation:
The Federal Sentencing Guidelines for Organizations Act (FSGO) was passed on November, 1991, and it provides a guideline for organizations' compliance and ethics programs. It applies to virtually all types of private organizations, including corporations, partnerships, non-profits, labor unions, etc.