Answer:
The answer is: A) expropriation
Explanation:
Expropriation is the seizure of private property by a government entity or government agency for the purpose of public interest. Usually owners that lose property due to expropriations, receive some type of compensation for their loss. It also can refer to private property being taken away by another private entity with the authorization of a government entity or agency. A common example of expropriation is land being taken away for building roads or dams.
In this case the Quality Dragon plant was expropriated by a private entity who was authorized by the government and the owner was received a monetary compensation for his loss.
Answer:
To mitigate damages
Explanation:
When a a tenant breaches the terms of a real estate agreement, the landlord must come in to get another tenant to occupy the space.
He is avoiding a situation where the property is to be left unoccupied for a period of time.
Mitigating damages is a way of reducing further loss when one party breaches a contract.
In the given scenario if a tenant moves out of leased premises before the term of the lease expires, the landlord is required to make a reasonable attempt to lease the property to another party.
Answer:
The equilibrium price falls and quantity increases
Explanation:
When the supply of food rises without a corresponding increase in demand , there would be an excess supply.
When there's excess supply, prices fall and the quantity produced rises.
I hope my answer helps you
Answer:
The total of adjusted trial balance debit and credit side is $159 after posting the given transactions. The sheet is attached with the full working showing both of the trial balances - un-adjusted and adjusted one.
Explanation:
Following journal entries were posted in the trial balance to adjust it.
<u>Transaction a:</u>
Debit: depreciation expense $3
Credit: accumulated depreciation $3
<u>Transaction b:
</u>
Debit: salaries expense $6
Credit: accrued salaries $6
<u>Transaction c:</u>
Debit: Unearned revenue $12
Credit: Revenue $12
When unearned revenue is earned, it is removed from unearned revenue by debiting it and then it is credited to the revenue for the period.
<u>Transaction d:</u>
Debit: supplies expense $9
Credit: supplies $9
<u>Transaction e:</u>
Debit: insurance expense $15
Credit: Insurance prepaid $15
When the insurance is expired, it is deducted from the prepaid insurance by crediting it from prepaid insurance account and it is debited to insurance expense account.
Answer: 6.79%
Explanation:
The holding period return is:
= (Current price - Cost price + Dividend) / Cost price
= (48.27 - 45.95 + 1.20) / 45.95
= 7.66%
The annualized return is:
= ( ( 1 + holding period return) ^ number of days in a year/ number of days stock was held - 1)
= ( ( 1 + 7.66%) ³⁶⁵ / ⁴¹⁰ - 1)
= 6.79%
