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BARSIC [14]
3 years ago
7

Suppose that the government of Ping's hears of the working conditions and the country seizes the Quality Dragon plant in which P

ing works, giving just compensation to the owner, in order to allow it to be run by a local owner with better working conditions. This is:
a. expropriation.
b. confiscation.
c. sovereign immunity.
d. the result of exercising the principle of comity.
Business
1 answer:
KATRIN_1 [288]3 years ago
5 0

Answer:

The answer is: A) expropriation

Explanation:

Expropriation is the seizure of private property by a government entity or government agency for the purpose of public interest. Usually owners that lose property due to expropriations, receive some type of compensation for their loss. It also can refer to private property being taken away by another private entity with the authorization of a government entity or agency. A common example of expropriation is land being taken away for building roads or dams.

In this case the Quality Dragon plant was expropriated by a private entity who was authorized by the government and the owner was received a monetary compensation for his loss.

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On January 1, Parson Freight Company issues 7%, 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannuall
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Answer:

The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.

Explanation:

This question is an instance of bonds issued at a discount. This happens when a bond is issued below the face value of the bond and also happens when the coupon rate on the bond payable is less than the market rate.

The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.

So, the appropriate journals to record this transaction is as provided above.

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3 years ago
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idc

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2 years ago
What was this product's net operating income (loss) last year? last year minden company introduced a new product and sold 15,000
mafiozo [28]

Answer:

1. What was the product's operating income(loss) last year = $90,000 loss

2. What is the product's Break even point in unit sales and dollars

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3. Maximum annual profit given an increment of 5,000 units and reduction of sales price per unit by $2.

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Explanation:

Please see attached detailed solution to the above questions and answers.

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Discussed why present age diseases are different from the pasr​
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