Answer:
Unrealized gains and losses treatment:
Available for sale - recorded in OCI
Held till maturity - not recognized in financial statements until maturity
Held for Trading - Fair value through profit and loss
Explanation:
There are three categories of financial instruments. Available for Sale AFS, Held for trading HFT and Held till maturity HTM. Financial instruments are classified in these categories and then treatments is according to their classification. IAS 39 and IFRS 9 have provided complete guidelines for the treatment of the financial securities.
George’s company is reacting to the <u>Market economic system.</u>
Explanation:
- In a <u> Market Economy system </u>the organizations are run by the people.People determine how the economy runs,how supply are generated and how demands are met.
- <u>The Market Economy System </u> relies/depends upon the consumption choices of the customer.
- Supply and demand of the product has a great impact on this economy
Answer:
The symbol designed by Max is an example of trademark. The correct answer is a.
Explanation:
- Trademark is the symbol, sign, expression or design that signifes the products or services of particular company.
- Trademarks that signifies particular company or service mark if it signifies services, is an intellectual property which no other source can use without permission.
- Brand name is the name of the company that develops the product or service obtained which are also named with the same.
<u>Solution and Explanation:</u>
GDP is calculated as follows:
Y = C + G + I + NX
where
C = Consumption
G = Government Expenditure
I = Investment
NX = Net Exports
It is mentioned that in 2015, GDP was 50 million and in 2016, it was 48 million without any change in the factors except NX. It means the net exports that is the difference between export and the import of the country has changed and it has fallen by 2 million.
<span>Assuming that we consider the standard workday of eight hours, each part would take 18.75 minutes per part completion. In order to complete 1,250 parts, it would take 8.33 days to complete. In order to complete the 1,250 parts, the manufacturer would have to create at least eight work stations to meet the daily demand.</span>