This problem is related to proportionality. In this case, the time to complete the job should be inversely proportional to the number of workers on the job. So based on the given problem above, the deadline changes the number of workers needed would be three times as many as the workers needed. Hope this helps.
Answer:
August 1
Dr Legal Expense $9,600
Cr Common stock $8,000
Cr Paid Capital $1,600
August 15
Dr Cash $78,000
Cr Common stock $50,000
Cr Paid in Capital $28,000
October 15
Dr Land $51,000
Cr Common stock $30,000
Cr Paid in Capital $21,000
Explanation:
Preparation of the journal entries to record the stock issuances on August 1, August 15, and October 15.
August 1
Dr Legal Expense $9,600
Cr Common stock $8,000
(800 shares*$10 par value)
Cr Paid Capital $1,600
($9,600-$8,000)
(To record stock issuances)
August 15
Dr Cash $78,000
Cr Common stock $50,000
(5,000shares*$10 par value)
Cr Paid in Capital $28,000
($78,000-$50,000)
(To record stock issuances)
October 15
Dr Land $51,000
Cr Common stock $30,000
(3,000shares*$10 par value)
Cr Paid in Capital $21,000
($51,000-$30,000)
(To record stock issuances)
Answer: General partners
Explanation:
General partners refers to the group of two persons operating a business. These partners have the decision making authority in the business and are personally liable for any debt and liabilities of the business.
In the given case, Jenna and Al both are willing to operate a business together. There is nothing mentioned about the limited liability and also the structure is not company so they could not be majority shareholders.
They are working for themselves and not for others so they are not consultants either.
Hence the correct option is B.
Answer:
The best answer to the question: In this context, which of the following statements is most likely to be true regarding Neon Synergy, would be, D: The business units of Neon Synergy will be empowered to adopt the standards of ethics followed in their respective host nations.
Explanation:
Cultural relativism is a theory that states that a persons system of values, beliefs and behaviors arise from the framework of the specific culture to which he has been exposed, and therefore these beliefs, values and behaviors originate and mirror those of the culture to which the person belongs. It also states that a person´s ethics, and actions must not be judged based on those that are proposed by a culture different to his/her own. Like this, the CEO of Neon Synergy, by allowing the business units of his company to follow the guidelines established by the cultural framework of the host countries where the units are is showing the characteristcis that are typical of cultural relativism and that is why the answer is D.
