Answer:
Debit unearned rent for $3,375
........Credit rent revenue for $3,375
Explanation:
The adjusting entry made by Fragmental Co. on December 31 is calculated as;
Number of months from October 1st to December 31st = 3 months
Rent revenue earned for 3 months = $1,125 × 3 = $3,375
Therefore, the adjusting entry would be;
Debit unearned rent for $3,375
..........Credit rent revenue for $3,375
Answer:
The Marketing Department plays a vital role in promoting the business and mission of an organization. It serves as the face of your company, coordinating and producing all materials representing the business.
Explanation:
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From the calculation below, the net present value of the bottling machine is -$3,053.38.
<h3>Calculation of net present value</h3>
The net present value of the bottling machine can be calculated as follows:
Present value of annual net annual cash flows = Annual net cash flows * ((1 - (1 / (1 + Discount rate))^number of years) / Discount rate)
Present value of annual net annual cash flows = $45,800 * ((1 - (1 / (1 + 12%))^11) / 12%)
Present value of annual net annual cash flows = $45,800 * 5.9376991325097
Present value of annual net annual cash flows = $271,946.62
Therefore, we have:
Net present value of the bottling machine = Present value of annual net annual cash flows – Machine cost = $271,946.62 - $275,000 = -$3,053.38
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Discretion authorizes a representative to choose the security, the amount of shares, or whether to buy or sell. Time and/or price alone are not discretionary decisions.
What are discretionary orders?
Orders that a broker can handle on a client's behalf with some discretion without getting that client's express approval for every single order choice or detail are known as discretionary orders.
Conditional orders most frequently involve discretion, such adjusting the limit price in reaction to shifting market conditions.
In discretionary investment management, when a broker or adviser makes transactions on behalf of a customer without receiving their approval beforehand, discretionary orders are another essential element.
When a broker places a discretionary order, they are exempt from liability for any possible losses that their client may incur as long as they are acting in good faith and seeking the best execution.
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Answer: b. unemployment rises but it would have risen by less if the Bank of Mokania had reduced inflation to 5% rather than 3%
Explanation:
There exists and inverse relationship between the unemployment rate and the inflation rate with the logic being that higher inflation means that the economy is doing better and people have more jobs and are demanding more goods and services hence the inflation.
If the inflation drops more than people were expecting it to therefore, unemployment would rise. As mentioned above, inflation and unemployment are negatively correlated so the more the fall in inflation, the higher the unemployment rate.
A fall in inflation to 3% would therefore mean a higher rise in employment than a fall in inflation to 5% which is less of a fall and so will lead to a smaller rise in unemployment.
