Answer:
(receive higher wages that reflect an increase in their value of marginal product.)
Answer:
Account Title Debit Credit
Raw materials inventory $52,000
Cash $52,000
Account Title Debit Credit
Factory Supplies $22,000
Raw materials $22,000
Account Title Debit Credit
Work in Process inventory $20,100
Raw materials $20,100
Answer:
The situation is called insolvency. bank is unable to pay to depositor.
Explanation:
The situation is called insolvency. insolvency is refer to the situation when debtor is unable return its debt. The same is happened in the given situation. In the above case due to not paid by manufacturing unit, bank is unable to pay to depositor.
Insolvency is refer to that critical condition when debtor unable to pay amount to depositor. In the above given case even if bank want to sell its all assets it cannot cover its liabilities.
Answer:
(d) Atlantic Builders and North West Mechanical are both liable.
Explanation: Because the incident happened at working site and both companies are on a joint venture, they are both liable to the damage regardless of which company does the employee belong to.
Answer:
(d) Against the shareholders, if it finds that Clean Earth has acted in a "responsible and sustainable manner."
Answer:
(b) Yes, if all of the shareholders are U.S. citizens or residents.