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3 years ago

Which of the following statements is CORRECT?

Business

1 answer:

cestrela7 [59]3 years ago

7 0

Answer:

C) Capital market instruments include both long-term debt and common stocks.

Explanation:

Capital market instruments include several types of financial instruments like stocks, bonds, US securities, foreign exchange, etc.

Since these financial instruments are basically debt and equity instruments, they are called securities. So another term used to refer to capital markets is the securities market. Capital markets are divided into two main classifications: primary markets where recently issued securities are traded, and secondary markets where investors trade previously acquired securities.

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Green Manufacturing Company produces a product that has a variable cost of $30 per unit. Fixed costs amount to $240,000. The sel

Amiraneli [1.4K]

Answer:

A. 40,000 units

Explanation:

To break even, the total cost must be equal to the total revenue. The cost elements are the fixed and variable cost. The variable cost is dependent on the level of activities.

Let the number of units required to breakeven be g

cost = sale

30g + 240,000 = 36g

36g - 30g = 240000

6g = 240000

g = 40000

The company must produce and sell 40000 units to break even.

3 0

4 years ago

Corporate social responsibility (csr) means that a corporation should:

postnew [5]

Corporate Social Responsibility (CSR) can be described as an approach of business that contributes to continuous development of business by providing/delivering economic, environmental and social benefits to all the stakeholders of the company. CSR means that a corporation should take accountability of its actions on people, community and the environment in which it exists.

6 0

3 years ago

The adjusted trial balance of Sunland Company shows these data pertaining to sales at the end of its fiscal year, October 31, 20

sveta [45]

Answer and Explanation:

The preparation of the sales section of the income statement is presented below:

Income Statement

For the year ended

Sales

Sales revenue $903,400

Less:

Sales Discount $15,400

Sales return & allowances $22,000

Net Sales $866,000

hence the net sales is $866,000

The freight out would not be considered. Hence, ignored it

7 0

3 years ago

On January 1, 2020, Waterway Company purchased 11% bonds, having a maturity value of $312,000 for $336,270.95. The bonds provide

mafiozo [28]

Answer and Explanation:

The journal entries are shown below:

1. 11% bonds payable $336,270.95

To cash $336,270.95

(Being the bond purchased for cash is recorded)

2. Cash ($312,000 × 11%) $34,320

To Interest revenue ($336,270.95 × 9%) $30,264

To 11% bond payable $4,056

(Being the interest revenue is recorded)

Fair value adjustment $1,685.05

To Unrealized gain $1,685.05

(Being the recognition of fair value is recorded)

It is computed below:

= (333,900 - ($336,270.95 - $4,056) )

3. Unrealized gain $13,000 ($333,900 - $320,900)

To fair value adjustment $13,000

(Being the recognition of fair value is recorded)

8 0

3 years ago

Gross domestic product understates the total production of final goods and services because of the omission of inflation. interm

ioda

Answer:

the underground economy

Explanation:

Gross domestic product is defined as the monetary value of all goods and services that a country produces within a given period.

It is estimated by using income, expenditure, and production in markets.

However GDP does not consider the underground economy.

The underground economy is made up of transactions that are considered illegal or that do not meet up to the reporting requirements of the government.

In effect these are not reported in GDP so GDP is understated.

4 0

3 years ago