Answer:
The banking system would definitely not be able to to create new money.
Answer:
0
Explanation:
Goodwill isn't amortized instead it is checked yearly for impairment.
I hope my answer helps you
Answer:
An upscale "white-tablecloth" restaurant chain acquires a travel agency.
Explanation:
Few reasons:
- Such restaurant are luxurious, so they would want to collaborate with travel agencies but not acquire the whole agency itself.
- Being the upscale restaurant they have to work on their own image not acquiring unnecessary agencies.
- They have their own customer market, who won't compromise on the choices they make, so they don't need to acquire a travel agency to increase it's branding as not everyone can afford such restaurants.
Answer: Option B
Explanation: The receiving of cash from customers will have no effect on total assets, as the amount of inventory will decrease and the amount of cash will increase by the same amount. Thus the accounting equation will remain same from such a transaction as one asset will decrease and other will increase.
Thus, from the above we can conclude that the correct option is B.
Answer: Employee stock ownership plan
Explanation:
Employee stock ownership plan, is when the employees of a company own shares in the company or owning of shares in the parent company. Shares are typically gotten by the employees through a share option plan. The plans may either be selective or an all-employee plans. The selective plans are usually made available to the senior executives only while the all-employee plans gives participation to all the employees.
Most corporations use the stock ownership plans as a method of employee benefit. Employee stock ownership plan leads to organizational commitment and the achievement of organizational goals.