Answer:
The city should record General Fund revenue of $494,500
Explanation:
500 000 -55000= 494 500
This is realised revenue
Answer: free market
Explanation:
The free market is where all the stocks are shared, The answer is free market!
Answer:
Empowerment.
Explanation:
Empowerment: It an authority or power been given to an individual or group of people to perform certain tasks with complete determination. This power has been given so that tasks been performed diligently and smoothly.
In corporate, individuals been empowered to hold responsibility for certain tasks and prove profitable for the organization.
Similarly, In the given case David has empowered his employee to resolve customer complaints by itself without getting escalated, however, he has limited the power by $200 to resolve any customer complaint.
Answer:
c. recurring growth and decline in real GDP.
Explanation:
A business cycle is also called a economic cycle or trade cycle, and it is the fluctuation of GDP up and down along its long term growth trend. A business cycle consists of a period of boom and contraction in sequence.
It shows rise and fall in production of goods and services within a country including output from businesses, individuals, households, nonprofits, and government.
There are 4 stages that make up the business cycle that is peak, recession , trough, and expansion.
Answer:
Perfection records in it's books an Investment in Associate of $486,000
Explanation:
Hi, your question has missing information, i tried to look for the full question online but I could not find it.
However, I have prepared below explanation to the problem.
When a firm has investments into another firm of less than 50% voting rights in stake but greater than 20% we say that firm has significant influent in the investee. The firm is said to have an Investment in an Associate.
Investments in Associates are always recorded using the Equity Method of Accounting.
<u>Entries for Investment in Associate are :</u>
Debit :Investment in Associate ($1,944,000 × 25%) $486,000
Credit : Share of profits of associate $486,000
Conclusion :
Perfection records in it's books an Investment in Associate of $486,000
