Answer:
B, disgorgement
Explanation:
Funds that were received through illegal or unethical business transactions are disgorged, or paid back off.
Answer:
Assets: increase by 19,500,000
Liablities: increase by 19,500,000
Equity: no effect
Explanation:
cash proceeds: 19,500,000
face value: 20,000,000
discount 500,000
As the bonds issued were sold below par there is a discount.
the entry will be:
cash 19,500,000
discount on BP 500,000
bonds payable 20,000,000
This will generate an increase on assets for 19,500,000
and increase liablities for 19,500,000
The issuance of bonds do not generate revenues or expenses. So the equity remains unchanged-
Answer: is realizing an economic profit of $40
Explanation:
The total cost involved in the production will be:
Fixed cost = $100
Variable cost = $3 × 20 = $60
Total cost = $160
The selling price will be:
= $10 × 20
= $200
The economic profit will then be;
= Selling price - Cost price
= $200 - $160
= $40
Culture is known to be the way of life of people in a particular place. In cultures that are high in uncertainty avoidance is one where orderliness, consistency, and structure are important.
- Uncertainty avoidance is simply known as the way cultures socialize its people or members to feel in uncertain, novel, surprising, or in surprise situations.
People who have high uncertainty avoidance cultures often capitalizes on strict orderliness and consistency in behavior.
Conclusively, The ability to approach cross-cultural work relationships with a learner mind-set is known to be an attribute of high cultural intelligence.
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