Answer:
The separate-entity assumption
Explanation:
The separate-entity assumption is a principal in accounting according to which the financial transactions of a business and the personal expenses of the owners is to kept separate from each other. The expenses derived solely for the business is only to be counted under the expenses of the company. Inclusion of any personal expenses of the owner or any partner of the business is prohibited under this principal.
In the given excerpt, the owner of Shady Grove Company had violated the separate-entity assumption by including the expenses of his personal items under the name of the Company.
Given that <span>Pierre
is a foreman in a plant. he has 25 line workers who report to him on
the night shift.
From what you have read about organization charts, what you know for sure is that Pierre has a wide span of control.
Span of control refers to the </span><span>number of subordinates that a manager or supervisor can directly control.
</span>
Answer: I found the correct and complete question:
Which of the following statements is most CORRECT with respect to international diversification?
a) the gains from diversification may be diminished due to combined correlations accompanied by volatility in world markets. b) world markets always seem to be most uncorrelated when volatility is present. c) world markets have displayed relatively low and fixed correlations over the last five years. d) global diversification produces gain even when world markets have correlations value near one.
Explanation: The correct answer is "a) the gains from diversification may be diminished due to combined correlations accompanied by volatility in world markets.".
Global markets are generally in different phases and many of them are part of weak economies that therefore have a high degree of volatility and some are correlated so that a loss in one of these markets can lead to a loss in another and earnings can be diminished.
Answer:
Realized gain is $297,144
Recognized gain is $47,144
Adjusted basis for new residence is $175,000
Explanation:
•Ted's Realized gain:
Sales price $368,000 - basis $48,776 - expenses $22,080 = $297,144.
• Ted's Recognized gain:
Realized gain $297,144 - exclusion upto $250,000 = $47,144.
• Ted's basis of the new residence is its cost of $175,000.
Answer:
No of units manufactured = No. of units sold + Closing units - Opening units
= 24000 + 21600 - 18000= 27600
Total selling expenses for february:
1. Sales commission = $ 700000 * 5% = $ 35000
Sales manager salary = $ 96000
Advertisement = $ 90000
Shipping charges = $ 14000
Misc selling expenses = $ 2500 + $ 3500 = $ 6000
Total selling expenses = $ 6000 +$ 14000 $ 90000 + $ 96000 + $ 35000 = $ 241000
Explanation:
