Answer:
Date Account Titles Debit Credit
Oct 1 Cash $16,800
Common Stock $16,800
Oct 2 No journal entry - -
Oct 3 Office Furniture $2,500
Accounts Payable $2,500
Oct 6. Accounts Receivable $3,
400
Service Revenue $3,400
Oct 27 Accounts Payable $1,100
Cash $1,100
Oct 30 Salaries Expense $2,650
Cash $2,650
Answer:
Ethics Hotlines
Explanation:
There are various ways in which employees can report bad behaviour at workplace, Ethics hotline is one such mechanism. It is used by most of the countries in US. It is a phone line that an employee can uses to report bad behaviour. The employees identity is kept secret to prevent retribution from angry peers. Inappropriate behaviour, sexual harassment and financial abused can be reported via ethics hotline.
Answer:
True
Explanation:
Profit function would be maximised.
Profit = Revenue - Cost
Let units of both goods be = A ,B
Revenue per unit good A = 100
Revenue per unit good B = 90
Variable Cost per unit good A = 30
Variable Cost per unit good B = 25
Profit Function = (100 - 30)A + (90 - 35)B
= 60A + 65B
{The function is right without including 'average fixed cost' part of 'total cost' in the function because : average fixed cost is a constant & constant figure doesn't effect optimisation (via differentiation , ∵ d (c) = 0)
Answer:
C. a prospectus.
Explanation:
Before a firm make an offering of its securities public, it must provide investors with prospectus as it contains the aims, purpose and objectives of the firm. All relevant information about the firm is contained therein.
Prospectus provides clarity to intending investors such as shares to be offerred for sale, issues on tax to be paid, investment policies, component of the fund and shares redemption etc. It is a legal document required by securities and exchange commission which gives information of an investment offering to the public about the sale of securities such as stocks, shares, bonds etc.
The prospectus must also give a concise information because investors will rely on it whether to invest by reviewing the investment fund and to check whether to invest in such fund.
