Answer and Explanation:
Protectionist policies followed by the government will lead to lack of competition for domestic firms in the market. When there is lack of competition for domestic firms in the market, this will make the firms inefficient in the long run in the country which has imposed protectionist policies. When the firms become inefficient, there will be less job creation in the jobs market and demand for labor will also reduce because of fall in profits of the firm. When profits fall, the firms will not be interested in providing safe working conditions to its employees because it will increase their cost of production reducing profits further. Thus, protectionist policies can lead to fewer jobs, lower wages or poor working conditions for the firm.
Answer:
Related diversification
Explanation:
Related diversification
As the name indicate related diversification is related to expansion of business in the same field to which it is currently working. This can be explained by one example. If any corporation are in a business of making computer parts and the very same corporation expand their business by making related articles like calculator, smart watch etc. These all are come in the related diversification.
Answer:
Ms. Fresh loss will be $800 and Basis in new shares is $3,950
Explanation:
Her Loss on sale of stock would be computed as:
Loss = Sale Value - Purchase price
= $4,800 - $5,600
= ($800)
As she repurchased the IBIS stock within the expiry of 30 days, she is not allowed to deduct the LTCL (Long Term Capital Gain ) from gain. So, LTCL will be $0.
The basis in new shares is computed as:
Basis = Previous loss + Price paid
= $800 + $3,150
= $3,950
Based on the information given what happens to the balance sheet is:
Debit Cash $300 ; Debit Accounts receivables $200 ;Credit Retained earnings $500.
The appropriate journal entry is:
Debit Cash $300
Debit Accounts receivables $200
Credit Retained earnings $500
(To record retained earnings)
Inconclusion what happens to the balance sheet is: Debit Cash $300 ; Debit Accounts receivables $200 ;Credit Retained earnings $500.
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