Answer:
Market value of a corporation is its value according to the stock market. Book value on the other hand is the difference between assets and liabilities of a corporation.
Explanation:
The market value of a corporation is the value attributed to it by the financial market. It is calculated by multiplying the price of each share by the number of outstanding shares.
The book value is the value of the corporation if the assets are liquidated and liabilities are paid off. It is calculated by finding the difference between assets and liabilities.
If the market value of a corporation is greater than its book value it means the market does not believe that the company is worth what it has mentioned in its book value.
If the market value is higher than the book value, it indicates that the market has confidence in the corporation's ability to generate earnings in the future.
Answer:
PAIRS OF SUBSTITUTES
tea - coffee
butter - margarine
petroleum - natural gas
PAIRS OF COMPLEMENTARY GOODS
printer - ink cartridge
pen-refill
Explanation:
Substitutes are goods that can replace other goods. On the other hand, complementary goods go hand in hand with one another. This implies that while substitutes can be used in isolation, complementary goods cannot be used in isolation of each other. For example, if one needs a pen, they also require a refill.
Answer: A. His or her team's performance
Explanation: Usually, when being a team leader, a person is assigned to do some kind of task (depending on a company) along with his other colleagues. He is there to elaborate about the topic and make a decision on how it's going to be presented. Teammates are usually the ones that make suggestions about certain things that include the project. He is the one that represents the whole team and it all ''falls'' on his back if it doesn't go right.
Answer:
c. Debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales
Explanation:
The journal entry is shown below:
Bank credit card sales A/c Dr XXXXX
Credit card expense A/c Dr XXXXX
To Sales A/c XXXXX
(Being the sales is recorded via bank credit cards)
As the credit card has some expense so we debited the credit card expense along with the bank credit card sales and credited the sales as it is revenue which is to be credited
Answer:
True
Explanation:
The Sarbanes Oxley Act (SOX) is a federal law in the United States that applies to listed or public companies i.e. companies whose shares are traded freely on the stock exchange. The law, which was established in 2002 following several corporate scandals, put in place comprehensive financial and auditing regulations for listed companies.
