Answer:
Thomas capital
Equipment $30,000
Inventory 25,000
Cash <u> 45,000</u>
Total <u> 100,000</u>
Explanation:
Equipment : thebook value is $25,000 while the market value is $30,000. the market value of the equipment will be used.
Inventory : the book value is $50,000 while the market value is $25,000. As a result of obsolescence, the inventory will be value at lower of cost and net realizable value(IAS2). therefore, $25,000 will be recognized for the inventory in the determination of Thomas capital
Cash: there is no changes in cash contributed.
Answer:
d) standard; fast
Explanation:
Standard cycle market is defined as a market where a company's products (competitive advantage) are shielded from imitation. This is seen in the given scenario as multi-year contracts with artists and sold copyright-protected music through established distribution channels.
Fast cycle market on the other hand occurs when the competitive advantage of a company is not shielded from imitation. The imitation occurs regularly. In the given scenario this is exemplified by a shift to the digital format and the rise of Internet technology have resulted in the sharing of music over peer-to-peer networks, a practice the industry calls "piracy
Answer: False
Explanation: Managers act as liaisons when making contacts with people outside of their area of responsibility, both inside their organization and outside in the world at large. Being a liaison involves networking, but it is far more than just amassing the most friends on your profile. It is about linking people with resources. What do resources mean in the context of the liaison role? Resources could be other people, money, information, space, influence, or goods and equipment.The challenging role of the manager is accountable to senior executives for performance and to front-line employees for guidance, motivation, and support. It is common for managers to feel as if they are pulled between the demands of top leaders and the needs of the individuals performing the work of the firm.Managers then schedule activities that will lead to achieving those goals. Leaders tend to be more strategic: they must become problem solvers able to see the big picture while also identifying specific things that affect overall success.
Answer:
Agriculture is the traditional basis of the economies of the West Indies.
<h3>
What is the economy of the West Indies?</h3>
- Agriculture is the traditional basis of the economies of the West Indies, but production and employment in agriculture have been declining.
- Most countries are not self-sufficient in food production, and cereals, primarily wheat, are the chief food imports.
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Answer:
Correct options are: (D), (E), (F).
Explanation:
Since the dog seller does not pay taxes, he is evading tax and is therefore conducting illegal transactions. Illegal transactions are excluded from GDP.
Mowing the law does not have an imputed market value and is excluded from GDP.
Government spending on food stamps is a transfer payment since no value gets added in return, therefore is excluded.
