Answer:
Explanation:
1. The journal entry for declaration of dividend is shown below:
Retained Earnings A/c Dr
= (8,600 million shares × $0.18 per share) = $1,548 million
To Dividend payable in cash $1,548 million
(Being dividend is declared)
2. No journal entry should be passed on the record date
3. The journal entry for payment of the cash dividend is shown below:
Cash dividend payable A/c Dr $1,548 million
To Cash $1,5480 million
(Being payment is made for cash dividend)
Answer: It was believed by some politicians and unions that NAFTA poses more harm to the United States economy unlike TTIP.
Explanation:
The North American Free Trade Agreement (NAFTA) is an agreement entered into by Canada, United States, and Mexico that ensures free trade among the countries as it was created to remove tariff barriers to different sectors of the economy and ensure free trade.
The Transatlantic Trade and Investment Partnership (TTIP) is a trade agreement which is proposed between the United States and the European Union with the aim of promoting economic growth and trading activities.
Some politicians and trade unions were in disagreement with NAFTA because it led to job losses especially in the manufacturing firms in the U.S. Companies also threatened to relocate to Mexico in order to keep their workers from joining trade unions and this suppressed wages as workers could not negotiate for better wages.
NAFTA allowed trucks from Mexico to enter the United States. These Mexican also entered the United States illegally by crossing the border. These were some of the reasons some people were not in agreement with NAFTA.
Answer: Charge a lower price after half-time
Explanation: Law of diminishing marginal utility holds that as the consumer consumes more and more units of a commodity, the incremental satisfaction derived from the successive units begins to fall after a certain point. Thus, as marginal utility begins to fall the persons willingness to pay shall also decline for the successive units. Therefore, the seller must sell the pop-corns at a lower price after half-time.
This is an example of employee empowerment. This is giving
employees a positive degree of independence and accountability for
decision-making on the subject of their detailed organizational tasks. It lets
decisions to be completed at the lower levels of an organization where workers
have an exclusive view of the subjects and difficulties facing the organization
at a certain level.
