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3 years ago

Given the strict quantity theory of money, if the quantity of money were decreased by 50 percent, prices would

1 answer:

3 0

<span>In the strict quantity theory of money, if the quantity of money were decreased by 50 percent, the prices would go up by the percentage of seven. The quantity theory of money started during the times of 16th century. It is the strict controlling of the supply money.
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Your company has recently requested that you travel to Dhaka, Bangladesh, to work on negotiations for a new factory to be locate

lesantik [10]

Answer:

quality when quality cannot be easily judged

Explanation:

Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.

5 0

3 years ago

Les Stanley established an insurance agency on July 1, 20Y5, and completed the following transactions during July: Opened a busi

crimeas [40]

Answer:

A. Net Income = $22,790

B. Shareholders' equity balance is = $69,490

Explanation:

Requirement A:

Les Stanley

Income Statement

For the year ended, July 31, 2015

Revenues:

Fees Earned $28,500 (1)

Expenses:

Rent expenses $2,600 (3)

Automobile Expense $2,000 (4)

Office Salaries $4,200 (5)

Miscellaneous expense$ 800 (6)

Interest Expense $ 110 (7)

Total Expenses $5,710

Net Income $22,790

Note - 1: Fees earned = $28,500 (Journal 3)

2. Common stock = $50,500 (Journal 1)

3. Rent expense (Journal 4)

4. Automobile expense (Journal 5)

5. Office salaries (Journal 7)

6. Miscellaneous expense (Journal 6)

7. Interest on payable (Journal 8)

8. Dividends (Journal 10)

Requirement B:

Les Stanley

Statement of shareholders equity

For the year ended, July 31, 2015

Particulars Share R. E* Total

Balances, July 1, 2015 $0 0 $0

Add: Issued Capital $50,500 (2) 0 $50,500

Add: Net Income $0 $22,790 $22,790

Less: Dividends (8) $0 $(3,800) $(3,800)

Balances, July 31, 2015 $50,500 $18,990 $69,490

Therefore, shareholders' equity balance is = $69,490

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3 years ago

Kano International Publishing, headquartered in Berlin, Germany, is a leading global publisher of scientific, technical, and med

Serggg [28]

Answer:

a. Compute the amount of depreciation expense recorded in the prior year.

$71,750

b. Compute the book value of the printing press at the end of the prior year.

$258,250

c. Compute the amount of depreciation that should be recorded in the current year.

$8,762.50

d. Prepare the adjusting entry for depreciation at December 31 of the current year.

December 31, 202x, depreciation expense
Dr Depreciation expense 8,762.50
Cr Accumulated depreciation - Didde press 8,762.50

Explanation:

depreciation expense per year of Didde press = ($330,000 - $43,000) / 20 years = $14,350 per year

accumulated depreciation = 5 years x $14,350 = $71,750

net book value = $258,250

adjusted useful life of 25 years, 20 remaining

new residual value of $83,000

depreciation expense per year = ($258,250 - $83,000) / 20 years = $8,762.50 per year

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3 years ago

You are the executive director of the local animal humane society. A staff member you supervise has been working at the society

PIT_PIT [208]

Answer: Delegation

Explanation:

Delegation is one of the beauty of leadership. When a leader leads and wants to do everything, those under him would find it growing or come out of their shells but delegation would bring them out of those shell, expose them and expose or display the leader in them.

Another thing delegation does while making people lead is that it makes them value the products, job or organization than how they saw it previously.

As an executive director, I would love to delegate so they take those tough roles important

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3 years ago

The term that describes what occurs when a manager does what is in his/her best interests and not what is in the best interests

Rom4ik [11]

Answer:

Lowballing

Explanation:

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3 years ago