Answer:
E) China, Canada, and Mexico were the three largest markets for U.S. goods exports.
Explanation:
As of 2017, the 10 largest markets for US exports were (measured in millions of dollars):
- Canada $282,265
- Mexico $243,314
- China $129,894
- Japan $67,605
- Great Britain $56,258
- Germany $53,897
- South Korea $48,326
- Netherlands $41,510
- Hong Kong $39,939
- Brazil $37,222
Answer:
A) This is called piercing the corporate veil and may result in significant liability for the corporation's principals.
Explanation:
The phrase "Piercing the corporate veil" is used to describe a situation where a court will put aside limited liability and hold a corporation's shareholders or directors liable for the actions and liabilities of the corporation.
This is not a common procedure and courts usually do this based on the following:
- "unity of interest and ownership": interest of the shareholders doesn't stand together anymore.
- "wrongful conduct": illegal or wrongful actions by the directors or shareholders.
- "proximate cause": as a result of the illegal or wrongful actions, other parties were harmed.
Answer:
$ 58,333 Personnel costs is allocated to B
Explanation:
According to the given data the Employees to be considered for allocation = A+B+C = 15+5+10 = 30 employees
The Personnel Dept direct cost = $ 350,000
No. of employees for B = 5
Therefore, in order to calculate what amount of Personnel costs is allocated to B, we have to use the following formula:
Allocated cost =Personnel Dept direct cost x No. of employees for B/Total employees =
Allocated cost = $ 350,000 x 5/30 = $ 58,333
$ 58,333 Personnel costs is allocated to B
Time tickets and materials requisition slips are similar to. The cost associated with both must be credited to the Work in Process Inventory. Option A. This is further explained below.
<h3>What are time tickets?</h3>
Generally, A time ticket is a form filled out by workers to keep track of their working hours.
In conclusion, Both time tickets and materials requisition forms have certain similarities. Both must be accounted for in the Work in Process Budget.
<h3>Complete Question</h3>
How are time tickets and materials requisition slips similar?
The cost associated with both must be credited to the Work in Process Inventory. Costs associated with both must be recorded in the general ledger and job cost sheets.
Costs associated with both must be debited to Manufacturing Overhead.
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Answer:
U.S. Treasury bonds.
Explanation:
Repurchase agreements can take place between a variety of parties. The Federal Reserve enters into repurchase agreements to regulate the money supply and bank reserves.
This are open market operation and the Treasury bonds are the collateral
