Answer:
Culver Corporation
Balance sheet as on December 31, 2017
Equity
Common Stock $758,700
Paid-in Capital in Excess of Par-Common Stock $208,400
Non-controlling Interest $36,200
Retained Earnings $122,300
Accumulated Other Comprehensive Loss <u>$153,200</u>
Total Equity <u>$1,278,800</u>
Explanation:
Equity accounts includes all the paid-in capital account common at par and excess of par and retained earning, non controlling interest and accumulated other comprehensive account.
The following account are non equity accounts, so these are not added to equity section of balance sheet.
Bonds Payable $108,400
Goodwill $60,900
Answer:
3. Fisher effect
Explanation:
According to the Fisher Effect the real interest rate equals the Nominal Interest rate minus the expected Inflation rate. For example if they say you will have 5% as the Nominal Interest rate per year and in that year the expected Inflation rate is 3%, the Real interest rate will be 2% at the and of that year
Answer: b. it's profitable in the short run for another member to increase production.
Explanation:
This refers to an oligopolistic market where there are few producers of a good. These producers can come together to create a cartel that fixes prices for the goods and services they produce.
If they agree to cut back production, this will have the effect of increasing prices due to a reduction in supply. If a member decides to increase production, they would enjoy profits in the short term from the increased prices.
The other members would however respond by increasing production as well so those profits would stop towards the long run.
Answer:
A. The Point system
Explanation:
Job evaluation is the process of comparing the the value of a job in relation to other jobs. It compares jobs, to assess their relative worth for the purpose of establishing a rational pay structure.
The point system is a type of quantitative job evaluation procedure that breaks down job based on various identifiable factors such as skill, effort, training, knowledge, hazards, responsibility, etc. Thereafter, points are allocated to each of these factors. In this method of job evaluation, each factor is given weight based on their importance in performing the job. thereafter, points allocated to each of the are then summed and the job pay is allocated based on the total points of each job.
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