Answer:
C) Total assets are overstated.
Explanation:
The journal Entry for the Depreciation is as follows:
Dr. Depreciation Expense xxx
Cr. Accumulated Depreciation xxx
By missing this Journal entry the Accumulated depreciation account will be understated as we know that this is a contra asset account and this will net off the Long term assets. So, as a result the total asset will be overstated.
The blurring of the lines separating the subsets of the financial industry started in the <span>1990s. The blurring
of the lines that separate the subsets of the financial industry was initiated
in the 1990s under the regime of the president of the US, Bill Clinton. At the time,
the financial products were mainly loans, payment services, deposits, savings,
and fiduciary services. </span>
Answer:
Employees whose values match the values of the organization they work for generally SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.
Explanation:
Workplace values are the guiding principles that are most integral to the way a company works. Simply put, company's values, and the culture they create can spell the difference between success and failure.
The way people behave is deeply rooted in their values, when employees share their company's values, they make more informed decisions and are more committed to their jobs.
Sharing same values with the organization one works with increases the rate of productivity as one tends to be more motivated and dedicated to the job.
Therefore, the answer that best suits the question is that employees whose values match the values of the organization SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.
Answer:
consumer surplus = $3.5
producer surplus = $2
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
Jeff's consumer surplus = $7 - $6 = $1
Samir's consumer surplus = $8.50 - $6 = $2.50
total consumer surplus = $1 + $2.50 = $3.50
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
Manufacturer 1's producer surplus = $6 - $4.5 = $1.50
Manufacturer 2's producer surplus = $6 - $5.50 = $0.50
total producer surplus = $1.50 + 0.50 = $2
Answer:
The amount to be paid is $100,440
Explanation:
When the bond matures, it is the due date on which the bond issuer need to pay off the bond on that particular date.
In this case, the bond matures in 2028, so
Interest amount = Face value of bond × Price × Interest
= $1,000 × 93 × 8%
= $7,440
The amount to be paid on maturity will be:
= $7,440 + $93,000
= $100,440
