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kodGreya [7K]
3 years ago
10

The American Civil Liberties Union was heavily funded by the Republican Party and Wall Street businessmen in the hopes of promot

ing censorship of communist and socialist propaganda and activists.
A. True
B. False
Business
1 answer:
Aleks [24]3 years ago
3 0

Answer:

B. False

Explanation:

The American Civil Liberties Union obtained massively funding from the Republican Party as well as Wall Street businessmen in the purposes of encouraging suppression of radical and socialist propaganda and activists, this is a false statement as we know that the American Civil Liberties Union is altruistic furthermore independent. The union does not collect any government funding. Member dues, as well as benefactions also present of separate organizations moreover selves, sweeten for the task they do.

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Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
Kay [80]

Answer:

The following journal entries are required on declaration date:

Dr Retained earnings ($10*20000)                                    $200,000

Cr Common stock distributable dividend($2*20000)                       $40000

Cr Paid=in share capital in excess of par value of $2                            $160000

While on distribution date the entries required are:                                                                

Dr Common stock distributable dividend     $40000

Cr Common stock                                                         $40000

Explanation:

First of all, the stock dividend of 20% translates to 20000 shares (100000 shares *20%)

At the declaration date the following entries are required:

Dr Retained earnings ($10*20000)                                       $200,000

Cr Common stock distributable dividend($2*20000)                          $40000

Cr Paid-in share capital in excess of par value of $2

($10-$2=$8*20000 shares)                                                                   $160000

Upon distribution of the stock dividend, the stock dividend in dividends distributable account needs to be reclassified to common stock account as follows

Dr Common stock distributable dividend     $40000

Cr Common stock                                                         $40000

8 0
3 years ago
Mark expects the value of currency X to appreciate in the near future. Hence, he delays the collection of payments from foreign
katrin2010 [14]

Answer:

Lag startegy

Explanation:

Mark is using Lag Strategy to minimize the foreign exchange exposure.

Lag Strategy refers to a situation of adding capacity only after the company is running at full capacity or beyond caused by an increase in demand. This strategy is conservative strategy. It reduces the risk of waste but then it could bring about a loss of possible customers.

5 0
3 years ago
Khalifa’s friend, Khalid, has told him that managing the finances of the business is very important.
Y_Kistochka [10]

Answer:

  1. Fixed costs are usually negotiated for a specified time period and do not change with production levels. ... Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.
  2. Variable costs are dependent on production output. ... Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs. The total variable cost is simply the quantity of output multiplied by the variable cost per unit of output.
  3. Fees earned from providing services and the amounts of merchandise sold. Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. ... Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.
  4. Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. ... Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs.

Explanation:

5 0
3 years ago
Bakers are much likely to supply pastries to the market if property rights are not enforced. True or false?.
In-s [12.5K]

The statement bakers are much likely to supply pastries to the market if property rights are not enforced is <u>false</u>.

<h3>What is property rights? </h3>

Property rights can be defined as the right given to person to own and use their property they way they like or wish to use it.

The statement is not true because bakers are much likely to supply their pastries to the market if property rights are enforced.

Therefore the statement bakers are much likely to supply pastries to the market if property rights are not enforced is <u>false</u>.

Learn more about property right here:brainly.com/question/913138

brainly.com/question/22370263

#SPJ1

6 0
2 years ago
The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capi
Umnica [9.8K]

Answer:

The factories will increase economic growth because more jobs will be provided.

Explanation:

Given:

The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capital and consumer goods for the entire western hemisphere.

To find: If economic growth increases or decrease.

Solution:

Economic growth will increase as more jobs will be provided which increases employment.

5 0
3 years ago
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