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MAVERICK [17]
3 years ago
9

On July 1, Jerome received $200 in dividends from Melina Corporation on which it owns less than 20% of the voting stock. Complet

e the necessary journal entry selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.
Business
1 answer:
marishachu [46]3 years ago
8 0

Answer:

Journal Entry

July 1,

Debit      Cash / Bank                            $200

Credit     Dividend Received (Income) $200

Explanation:

All the investments below 50% have non controlling interest in the company in which they invested. Such a investment is recorded as a fixed asset if investment is made for long term. Dividedn received fro here will be considered as the Dividend income which is recorded and shown on the Income statement with other Income.

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The shadow price measures, per unit increase in the right hand side of the constraint, Select one: a. the change in the value of
MA_775_DIABLO [31]

Answer:

A. the change in the value of the optimal solution.

Explanation:

  • A shadow pricing is associated with each constraint of the model and is the instantaneous changes that occur in the objective model of the optimal solution that is obtained by changing the right-hand side constrained by one unit and a reduced cost is associated with each variable of the model. Also referred to  as a monetary values that is assigned to the current unknowable or difficult to calculate costs.
7 0
3 years ago
Natalie operates on a pretty tight budget. She is a price-conscious shopper and usually buys store or generic brands to save mon
Llana [10]

Answer: The income effect

Explanation: The income effect refers to the effect on the purchasing power of the consumer when his or her income level changes.

In the given case, Natalie was price conscious  and used to buy lower priced goods with the objective of saving money. When her income rises she starts buying expensive goods as her purchasing power increases with increase in income.

Hence from the above we can conclude that the correct option is A.

7 0
3 years ago
Unemployment and Labor Force Participation: Work It Out 1 of 3 Suppose the island nation of Freelandia is composed entirely of t
gtnhenbr [62]

Answer:

200

Explanation:

The labor force in an economy is composed of all adults able-bodied individuals who are employed or actively seeking employment. Employed people are those engaged in economic or income-generating activities.  Unemployed are jobless individuals who are actively seeking work.

In Freelandia, labor force participation will be composed of the employed and the unemployed people.  As per the definition of the labor force, children will not be included as they are not adults. Students and retired people are not seeking employment; hence should not be in the labor force. Therefore, the labor force will be 190 plus  10, which is 200.

4 0
3 years ago
A summary measure that is computed to describe a characteristic from only a sample of the population is called
Dmitriy789 [7]

Answer:

D. a statistic.

Explanation:

A statistic is a single quantity contained in or computed from a set of data. Unlike a parameter (a characteristic of a population) a statistic is a characteristic or measure of a sample.

A statistic is a characteristic of a sample. Generally, a statistic is used to estimate the value of a population parameter.

4 0
3 years ago
Which motivation theory might explain one’s need for financial security?
Ymorist [56]
Which motivation theory might explain one’s need for financial security? I would say humanistic theory of motivation because I would consider it a basic human right to have financial security.
7 0
3 years ago
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