Answer: $57,000,000
Explanation:
The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:
= 19,000,000 * 15 * 0.2
= $57,000,000
<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>
Answer:
The correct answer is 999%
Explanation:
We will use the Quantity Theory of Money to solve this simple question.
The Quantity Theory of Money equation is equal to:
ΔM X V = ΔP X ΔY
Where:
- ΔM = Change in Money supply
- V = Velocity, which does not change, because it is assumed to be constant
- ΔP = Change in prices, or inflation
- ΔY = Change in output or GDP
According to this theory, inflation is equal to:
ΔP = ΔM + V - ΔY
Replacing...
ΔP = 1010% + 0 - 11%
ΔP = 999%
So the price change, or inflation rate is 999%.
Gill company calculated equipment depreciation for the month of $500. The necessary adjusting entry will include a credit to accumulated depreciation, and debit to depreciation expense.
The basic journal entry for depreciation is to debit the depreciation expense account and credit the accumulated depreciation account. Depreciation expense is recorded on the income statement as an expense or debit, reducing net income.
On the other hand, accumulated depreciation is not recorded separately on the balance sheet. Instead, it is recorded in a contra asset account as a credit, by reducing the value of fixed assets.
Hence, the entry will include a credit to accumulated depreciation, and debit to depreciation expense.
To learn more about depreciation here:
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I believe the answer might be b and c:
Protective tariffs<span> are a tool countries use to protect domestic industries. They can take the form of taxes, duties, fees, or other restrictions on imported goods. The purpose of </span>protective tariffs<span> is to foster the growth of local industries and protect them from a flood of cheap foreign goods. </span>
Answer:
Policy persuasive speech.
Explanation:
It should be understood that policy persuasive speech is one of the types of persuasive speech and it is commonly used when there is a policy that is guiding the implementation of a thing. For example, the United States Pharmacopeia was adopted in 1906 and is issued every 5 years under the supervision of a national committee of pharmacists, scientists, and health care providers to provide information concerning drug purity and strength. This means that there is a body or policy guiding the pharmacist and a policy persuasive speech should be guided by that.