Answer:
The Journal entries are as follows:
(i) On October 1,
Dividend declared A/c(3,200 × 0.25) Dr. $800
To Dividend payable $800
(To record the declaration of cash dividend)
(ii) On October 15,
No entry
(No entry on date of record because no transaction actually happened)
(iii) On October 31,
Dividends payable A/c Dr. $800
To cash $800
(To record the payment of cash dividends)
Answer:
The correct answer is c. the exhaustion doctrine.
Explanation:
"Exhaustion" refers to one of the limitations of intellectual property rights. Once a product protected by an intellectual property right has been marketed by your SME or by others with your consent, your SME is no longer entitled to exercise the intellectual property rights of the commercial exploitation of this given product, since it They have "sold out." Sometimes this limitation is also called the "first sale doctrine", since commercial exploitation rights on a given product end with the first sale of the product. Unless the legislation specifically provides otherwise, your SME may not control or oppose subsequent acts of resale, rental, loan or other forms of commercial use by third parties. There is a fairly broad consensus that this applies at least within the framework of the national market.
Answer:
d. the consumer price index will decrease, but the GDP deflator will not decrease.
Explanation:
If the price of Spanish olives imported into the United States decreases, then the consumer price index will decrease, but the Gross Domestic Products (GDP) deflator will not decrease.
The GDP price deflator also known as the implicit price deflator, measures the changes in the level of prices for all of the final goods and services produced domestically in an economy in a year.
The GDP deflator can be calculated by using the formula;
GDP deflator = (Nominal GDP/Real GDP) × 100.
Answer:
Find attached question containing the cash flows under the purchasing option,note that the discount rate in the attached is 7.1% but the main question has 6.9%,hence I would make use of 6.9%
The present value of leasing option is lower,hence it is preferred.
Explanation:
The cash flows under the purchasing option is $39,200 now and $2000 each year for 5 years.
In determining the better of the two options we determine the present value of each option as follows:
leasing option=$10,100/(1+6.9%)^1+$10,100/(1+6.9%)^2+$10,100/(1+6.9%)^3+$10,100/(1+6.9%)^4+$10,100/(1+6.9%)^5=$ 41,523.11
Purchase option=$39,200+$2000/(1+6.9%)^1+$2000/(1+6.9%)^2+$2000/(1+6.9%)^3+$2000/(1+6.9%)^4+$2000/(1+6.9%)^5=$ 47,422.40
Answer:
A master limited partnership
Explanation:
A master limited partnership are a business venture that exists in the form of a publicly traded limited partnership in the sense that they combine the tax benefits of a private partnership (profits are taxed only when investors receive distributions) with the liquidity of a publicly-traded company.
MLP are traded publicly on the exchange market.
Hence the best answer that explains the question is Master Limited Partnership (MLP)
