Securities are investments that have value and are traded between other people. Securities can be bought or sold and are able to be used as a medium in exchange for something else. Securities are also known as stocks, bonds and mutual funds. The value of securities are determined by the type, amount and current economic rate.
Answer:
It is an example of subsidiary companies, and occurs when a company is directly or indirectly controlled by another and for that control to exist, it is the property of more than 50% of the shares.
Explanation:
A company is considered the parent of another when it exercises financial, economic and administrative control directly or indirectly, through one or more subsidiaries of its own, or by companies that have a dependency link to the parent company or its subsidiaries, therefore, the subordinate is that company that lacks autonomy simply because it is dominated by a parent company.
Answer:
The correct answer is option D.
Explanation:
Academic book publishers hire editors, designers, and production and marketing managers who help prepare books for publication.
These employees work on several books simultaneously so a change in quantity demanded of books published in a year.
Since the number of people employed is fixed and does not change with the quantity of output. The cost incurred on these workers will be fixed cost. So the salaries and benefits of people in these people will be included in fixed costs and total costs. But since it does not change with change in the output it will not be included in variable costs.
Under absorption costing the cost per unit of goods includes the element of fixed cost thus when goods are not sold a portion of fixed costs gets deferred to the next accounting period, thus as can be observed $10 of 1000 units has been deferred to the next period, hence the net profit under absorption costing will be $10000 ($10*1000) higher.
Under Variable costing the fixed cost for the period will be incurred in the same period as they are not included in the per unit cost.
Thus from the above observation absorption costing net operating income would be higher than its variable costing net operating income by $10000.
Answer:
GDP is not affected by Pete's production of the jewelry box.
Explanation:
Pete is a woodworker and works 20 hours to prepare a jewelry box to gift his wife. If Pete prepares this jewelry box to sell and earn revenue, this will be considered in GDP but in this case Pete prepares a jewelry box to give his wife as his wife's birthday gift.
All types of gifts received or given in kind are not included in Gross Domestic Production.