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3 years ago

Productive resources are _____.

Business

2 answers:

ANTONII [103]3 years ago

8 0

Answer:

The answer is A. factors that are used to make goods and services.

igomit [66]3 years ago

7 0

factors that are used to make goods and services letter a

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If actions of the chinese government caused a shortage of domestic currency, then the exchange rate would be

irinina [24]

this will reduce the supply of china's domestic currency which would contract the supply curve of the domestic currency (of china) thus would create demand and thus increasing the exchange rate in comparison to foreign currencies thus leading to appreciation of china's domestic currency in relation to foreign currencies.

4 0

3 years ago

Osage Corporation issued 2,000 shares of stock. Instructions Prepare the entry for the issuance under the following assumptions.

Artyom0805 [142]

Answer:

The journal entries will as under the explanation below.

Explanation:

(a) The stock had a par value of $5 per share and was issued for a total of $52,000.

Account Name Dr ($) Cr ($)

Cash 52,000

Common stock (2,000 * 5) 10,000

Paid in capital in excess of per value 42,000

(To record common stock issued in excess of par value.)

(b) The stock had a stated value of $5 per share and was issued for a total of $52,000.

Account Name Dr ($) Cr ($)

Cash 52,000

Common stock (2,000 * 5) 10,000

Paid in capital in excess of stated value 42,000

(To record common stock issued in excess of stated value.)

Note: The stated value is used for internal accounting purpose when there is no par value for the stock.

(c) The stock had no par or stated value and was issued for a total of $52,000.

Account Name Dr ($) Cr ($)

Cash 52,000

Common stock 52,000

(To record common stock issued that had no par or stated value.)

Note: When stock had no par or stated value, the total proceeds from the issue becomes the legal capital.

(d) The stock had a par value of $5 per share and was issued to attorneys for services during incorporation valued at $52,000.

Account Name Dr ($) Cr ($)

Attorney service expenses 52,000

Common stock (2,000 * 5) 10,000

Paid in capital in excess of per value 42,000

(To record common stock issued to attorneys for services at a premium.)

(e) The stock had a par value of $5 per share and was issued for land worth $52,000.

Account Name Dr ($) Cr ($)

Land (Fair value) 52,000

Common stock (2,000 * 5) 10,000

Paid in capital in excess of per value 42,000

(To record common stock issued for land at a premium.)

6 0

3 years ago

The total cost to the firm of producing zero units of output is A. its variable cost in both the short run and the long run. B.

likoan [24]

Answer:

B. its fixed cost in both the short run and the long run.

Explanation:

As there is no production the fixed costs remains the same for short run and long run too, because there is no activity which might be used for these costs allocation in the short or long run. In the long run a fixed cost might behave as a variable cost if there is any activity involved. I the short run the fixed costs is considered as fixed whether there is any activity or not.

4 0

3 years ago

You and your firm need to develop policies that avoid acquisitions and restructuring. Select one: True False

Leya [2.2K]

Answer:

True

Explanation:

If polices are not developed that avoid acquisitions and restructuring, this results in hostile takeover of the company by other investors or decline of earning per share of the investors. So its important to develop such polices.

7 0

3 years ago

Batista Company management wants to maintain a minimum monthly cash balance of $19,900. At the beginning of April, the cash bala

Tasya [4]

Answer:

Amount to be borrowed = $9,400

Explanation:

Provided, opening cash balance = $21,100

Add: Expected cash receipts = $245,600

Less: Expected cash disbursements = $256,200

Closing balance expected = $10,500

Since net balance to be maintained in cash = $19,900

Cash to be borrowed to maintain this balance = $19,900 - $10,500 = $9,400

this amount has to be borrowed and can be borrowed at any time during the month.

Final Answer

Amount to be borrowed = $9,400

5 0

3 years ago