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Musya8 [376]
2 years ago
9

The distinguishing feature of economic capital (as opposed to financial capital, like money) is that it is:__________. a. expens

ive. b. profitable. c. productive.
Business
1 answer:
seraphim [82]2 years ago
3 0

Answer:

C. Productive

Explanation:

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Pie Corporation paid $319,500 to acquire 90 percent ownership of Slice Company on April 1, 20X2. At that date, the fair value of
Brums [2.3K]

Answer and Explanation:

As per situation the Journal entries with narrations is here below:-

As per requirement of a

1. Slice Co. investment Dr, $319,500  

        To Cash $319,500

(Being cash paid is recorded)

2. Slice Co. investment Dr, $27,000  

      To  Income from Slice Co. $27,000

(Being investment is recorded)

3 Cash Dr, $13,500  

       To Slice Co. investment $13,500

(Being cash is recorded)

As per requirement b

1. Sales Dr, $90,000  

    To Total Expenses $80,000

     To Dividends Declared $5,000

      To Retained Earnings $5,000

(Being sales is recorded)

2. Common stock Dr, $160,000  

Additional paid-in capital Dr, $40,000  

Retained earnings Dr, $155,000  

Income from Slice Co. Dr, $27,000  

NCI in NI of Slice Co. Dr, $3,000  

       To Dividends declared $15,000  

            ($1,500 + $13,500)

        To Investment in Slice Co. $333,000  

             ($319,500 + $27,000 - $135,00)

         To NCI in NA of Slice Co. $37,000

(Being acquisition is recorded)

5 0
2 years ago
A firm evaluating two mutually exclusive projects can Blank______. Multiple select question. accept one of the projects reject b
Vanyuwa [196]

When a firm is evaluating two projects that are mutually exclusive, they can:

  • accept one of the projects.
  • reject both projects.
  • reject one of the projects.

<h3>What happens when a firm has mutually exclusive projects?</h3>

Mutually exclusive projects mean that only one project can be embarked on at any given point.

This means that a firm will have to accept one project, and reject the other. They could also reject both projects.

The options are:

  • accept one of the projects
  • reject both projects
  • accept both projects
  • reject one of the projects

Find out more on mutually exclusive projects at brainly.com/question/20709619.

#SPJ4

5 0
1 year ago
Creating new jobs, inventing new products, and opening new stores are actions of a(n) _____.
slamgirl [31]
Creating new jobs, inventing new products, and opening new stores are actions of an ENTREPRENEUR.

Entrepreneurs are individuals who not only start up new businesses but are the ones fully involved in the process of creating new businesses, from business proposals to market studies to business launching and its day to day operations.

Entrepreneurs help lower unemployment rate because with their new businesses they create new job positions for those unemployed individuals. 
6 0
2 years ago
g The difference between the concept of a company mission statement and the concept of a strategic vision is that a mission stat
coldgirl [10]

Answer:

The correct answer is: a mission statement typically concerns a company's purpose and its present business scope, whereas the principal concern of a strategic vision is a company's aspirations for its future.

Explanation:

A mission statement concerns what a company does. What will you offer to the consumers, what the company is going to dedicate its life to. A vision is a statement about the future. It is the end of the path where the organization os going.

6 0
2 years ago
Cindy earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipula
sammy [17]

Answer:

Lump-sum salary increase.

Explanation:

A lump-sum salary increase is an amount paid instead of increase in salary. It is not added to the fixed base salary, it is instead given in the form of a single cash payment, as it is the case with Cindy here. This is why it is also known as lump sum bonus, because it is given as a single payment, as it was in Cindy’s case, all given at the beginning of the year.

7 0
2 years ago
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