Answer:
The Journal entry is as follows:
Bonds payable A/c Dr. $375,000
To Discount on Bonds payable $40,000
To Gain on redemption of the bonds $15,000
To Cash $320,000
(To record the redemption of the bonds)
Workings:
Gain on redemption of the bonds:
= Bonds payable - Discount on Bonds payable - Cash
= $375,000 - $40,000 - $320,000
= $15,000
Answer:
Common market.
Explanation:
In order to spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. In short, the three countries formed a common market.
A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.
Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.
The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.
Answer:
The correct answer is D
Explanation:
GCS stands for Generic Competitive Strategy, which is a methodology designed or created in order to provide the companies or firm with the strategic plan so that to gain as well as complete the advantage within the market place.
There are 2 kinds or types of the generic strategies in order to achieve or accomplish the above average performance in the industry, those are focus, leadership, cost and differentiation.
So, the generic kind of competitive strategies comprise of broad differentiation, focused differentiation strategies, focused low-cost, low-cost provider and best-cost provider.
Answer:
A. Analyze the project budget.
Explanation:
The first step in the project control process for measuring and evaluating project performance is to Analyze the project budget. This has been agreed upon by all as the first necessary step as it allows you to know how much money you are working with and gives you and all those involved what may or may not be possible when designing the project.