First, the conditions in the Central Valley of California are very favorable for growing almonds. The conditions include rich soil, a mild climate, abundant sunlight and good water supply. Also, the production of almonds from California has a higher yield than Spain which has been the world's top almond producer so California is competitive.
Calculation of amount of stockholders' equity at the end of the year;
We can calculate the amount of stockholders' equity at the end of the year with the help of following formula:
Stockholders' equity at the end of the year = Total Assets at the end of the year – Total Liabilities at the end of the year
At the beginning of the year, Morales Company had total assets of $845,000 and total assets increased $150,000 during the year. Hence Total Assets at the end of the year shall be (845000+150000) = $995,000
At the beginning of the year, Morales Company had total liabilities of $532,000 and total liabilities decreased $75,000 during the year. Hence Total Liabilities at the end of the year shall be (532000-75000) = $457,000
Now we can calculate:
Stockholders' equity at the end of the year = Total Assets at the end of the year – Total Liabilities at the end of the year
= 995000-457000 = $538,000
Hence, Stockholders' equity at the end of the year is <u>$538,000</u>
Answer:
A. Policy
Explanation:
Policies in a company context are are guidelines developed by an organization to govern its actions. They are principles by which organizations and companies are guided. In this situation, Susan set a new policy as she brought a new guideline that must be followed about returning customers calls and emails within 24 hours. This new policies are adhered to because it was mandated by Susan.
Policies are made up of rules and guidelines which tells and guide employees on their activities and responsibilities in an organization.
Answer: e. The manager is incorrect.
Explanation:
Based on the information given in the question, the statement that's true regarding the manager's statement that Robby's only recourse is against Connie is that the manager is incorrect.
It should be noted that Connie wasn't aware that the car didn't belong to ABC motors thereby Robby's only recourse is not against Connie. The manager should be able to protect the vehicles brought to the company. In this case, the company is liable and Robby can take up a case against them.
Therefore, the correct option is E
Answer:
a. neither the nominal nor the real interest rate rise.
Explanation:
Under Fisher's theory, if the nominal interest rate increases at a higher rate than the inflation rate, then the real interest rate rises. If the inflation rate increases more than the nominal interest rate, then the real interest rate decreases.
Generally, an increase in the money supply decreases the nominal interest rate and increases the inflation rate. That results in both lower nominal interest rates and lower real interest rates.
