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Hatshy [7]
3 years ago
9

Many people in Rhenasia are spending less as there are only few good-paying jobs in the country. Many businesses in the country

are adversely affected as the purchasing power of consumers has drastically reduced. The environmental characteristic that is affecting businesses in Rhenasia is associated with the _________.A) technological changes in the country
B) political condition of the country
C) economy of the country
D) media in the country
Business
1 answer:
scZoUnD [109]3 years ago
4 0

Answer: Economy of the country.

Explanation:

The environmental characteristics affecting businesses in Rhenasia is the negative economy of the country. The country of Rhenasia is facing a recession in their economy, this has directly led to a drop in sale of businesses across the country.

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C.− NA −NA + −NA

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Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during
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Answer:

$3,283

Explanation:

Calculation for the overhead cost be added to Job W at year-end

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3 years ago
On March 10, 2019, Dearden, Inc., purchased 11,200 shares of Jaffa stock for $47 per share as a long-term passive investment. De
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Answer:

Dearden, Inc.

Journal Entries to record the transactions:

March 10, 2019:

Debit Investment in Jaffa $526,400

Credit Cash $526,400

To record the purchase of 11,200 shares at $47 per share.

December 31, 2019:

Debit Loss on Investment $22,400

Credit Investment in Jaffa $22,400

To record the loss on investment from $47 to $45 per share.

December 31, 2020:

Debit Investment in Jaffa $33,600

Credit Gain on Investment $33,600

To record the gain on investment from $45 to $48 per share.

December 31, 2021:

Debit Loss on Investment $44,800

Credit Investment in Jaffa $44,800

To record the loss on investment from $48 to $44 per share.

September 12, 2022:

Debit Loss on Investment $22,400

Credit Investment in Jaffa $22,400

To record the loss on investment from $44 to $42 per share.

Debit Cash Account $470,400

Credit Investment in Jaffa $470,400

To record the sale of the investment in Jaffa at $42 per share.

Explanation:

For Dearden, Inc. journal entries are recorded on the acquisition date to record the purchase of the investment in Jaffa.  Records are also made every December 31 to record the movements in the share price of the investment.  Finally, on the date of disposal, records are also made to record the sale of the investment.

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