Answer:
Debit legal expense/penalties (p/l) $900,000
Credit Provisions (B/s) $900,000
Explanation:
According to IAS 37 Provisions, contingent liabilities and contingent assets, a provision is to be recorded where there is a present obligation as a result of a past event and the outflow of economic benefits to satisfy the obligation is probable.
Hence if it is probable that Scorcese will be liable for $900,000 as a result of this suit, a provision is needed and will be recorded by;
Debit legal expense/penalties (p/l) $900,000
Credit Provisions (B/s) $900,000
Answer:
Garbage-can model
Explanation:
The decision-making models that best describe how decision-making takes place in the research and development laboratory of a major drug company is the Garbage-can model, this is because the research and development laboratory is a complex and unstable environment
decisions taken in a research laboratory are mainly unpredictable and uncertain as most solution are turned in problems first before another solution can be created
Answer:
I believe it's...
A) Watching your favorite TV show on a Saturday evening.
and
F) Free riding on a group project.
Explanation:
Coordination problems are problems that result in multiple outcomes, so the one facing the problem(s) must act carefully.
Answer:
The amount of net exports of goods and services is -$1 million.
Explanation:
The gross domestic product (GDP) is equal to the total value of the products and services that are produced in a country in a specific period of time. In this case, we will have that GDP would be:
GDP= I+G+NX
I= investment
G= government expenditure
NX= net exports
Then, we replace the formula and isolate NX:
$12=$5.5+$7.5+NX
NX= $12-$5.5-$7.5
NX= -$1
Answer:
mission statement
Explanation:
Mission statement -
It is the statement about the organization , as why is the organization in existence , determining the goal of the operation , the type of product ans service that the organisation provides , find the overall goal and the primary market and customer , is known as the Mission statement .
Hence , from the question , The Gap , the clothing maker have certain motto , i.e. , create emotional connections with the customer ,
Therefore , it is the company's Mission statement .
