<span>adam was referring to his company's: Organizational culture
Company's organizational culture is a shared of value and principles that shared by all members of the companies.
This value and principles will influence every aspect of company's operation and how they deal with the problems that they face.</span>
Answer:
Option (B) is correct.
Explanation:
On November 21,
Note amount = $6,000
Period = 60-day
Interest rate = 12%
When Note is not paid by the market at maturity, then
The Accounts Receivable Account is debited with the Par Value of Note plus interest income and credited Notes Receivables $6,000 and Credit Interest Revenue $120.
Therefore, the journal entry is as follows:
Accounts Receivable A/c Dr. $6,120
To Notes Receivables $6,000
To Interest Revenue $120
(To record the note)
Answer:
given statement is false
Explanation:
given data
active income = $210,000
portfolio income = $45,000
passive activity loss = $230,000
deduct passive activity loss = $230,000
solution
as per Topic Passive Activities
we know that Losses and Credits in IRS state here that Loss from passive activity is not allowed for current year
and here this loss will be carry forward to the next taxable year
as a similar rule is applicable to give credits from passive activities
so that given statement is false
Answer: $5,000
Explanation:
The Common Stock account of a company will record stock only at the Par Value so that the Balance sheet is more accurate.
As such, the common stock account here will increase by;
= 1,000 * $5 par value
= $5,000
Answer: d. The Federal Reserve could buy US dollars in the foreign exchange market and sell other currency it holds.
Explanation:
If the feds sell government bonds, this reduces the money in circulation thereby increasing interest rates and lowering the money that is available to people to spend on imports or foreign investments. But it may not effectively combat the weakening of the dollar.
Selling US dollars and buying other currencies in the foreign exchange market is known as currency intervention. This will create the effect that a higher demand for a currency has, and cause the dollar to appreciate in value.