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kifflom [539]
3 years ago
5

#1. If one U.S. dollar equals one euro, which of these could result if the euro experiences inflation? E.U. citizens could purch

ase more goods in the U.S. for less money. /E.U. citizens would purchase large amounts of U.S. stock./ U.S. citizens would purchase more goods from the E.U. for less money./ U.S. citizens would purchase large amounts of E.U. stock. #2. Which of these statements is true?
Inflation means our money has more purchasing power. / Inflation happens when there is not enough money./Inflation is due to low production costs./ Inflation is problematic if unexpected.
Business
1 answer:
Svetach [21]3 years ago
7 0
The right answer for the question that is being asked and shown above is that: "<span>E.U. citizens would purchase large amounts of U.S. stock."

The right answer for the question that is being asked and shown above is that: "</span><span>Inflation happens when there is not enough money."</span>
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Which is not a typical job responsibility for a marketing communications manager? A. Creating marketing presentations
Karo-lina-s [1.5K]
D. adding up purchases and accepting payments has nothing to do with marketing managing.
5 0
2 years ago
During the year, Cheng Company paid salaries of $24,000. In addition, $8,000 in salaries has accrued by the end of the year but
Burka [1]

Answer:

Correct answer is D. Credit to Salaries Payable for $8,000

Explanation:

Based on the basic underlying guideliness in accounting, specifically matching principle. All income and expenses should be reported during the period it incurred. Thus, all expenses incurred during the period even though it wasn't paid yet shoud be recorded to the book and that's the moment that the year-end adjusting entry is necessary.

On the above given problem, the salaries paid of $24,000 is presumed to have been recorded in the book already. Because it incurred and paid within the calendar period. In addition, the salaries accrued by the year end needs year-end adjustment<em> to recognize the salaries expense applicable for the period</em>. Journal entry of it is to debit salaries expense and credit salaries payable in the amount of $8,000.

6 0
3 years ago
similar to a stock split, a stock also distributes additional shares of stock to existing stockholders on a pro rata basis at no
Afina-wow [57]

Similar to a stock split, a stock <u>dividend</u> also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.

A stock split is a decision made by the board of directors of a firm to issue more shares to present owners in order to increase the number of shares outstanding.

A stock split is a division of issued shares in a ratio determined by the company, whereas a stock dividend is a dividend paid in the form of extra shares. While in a stock split, already issued shares are divided in accordance with a predetermined ratio, a stock dividend gives stockholders extra shares.

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6 0
1 year ago
Which of the following is not true of taxable asset purchases?
shutvik [7]

Answer:

e. None of the above

Explanation:

The taxable asset purchases allows the individual to increase or step up the tax basis of acquired assets so as to reflect the price of the purchases made.

If one buy an assets, then he or she wants to allocate total purchase price in a way which gives a favorable postacquisition tax results.

In case of taxable asset purchases, the tax credits or the net operating losses cannot be transferred from the target firm to the acquiring firm.

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2 years ago
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nasty-shy [4]

The type of listing agreement that provides for payment of a commission to the broker even though the owner makes the sale without the broker's aid is called an exclusive right to sell a listing.

Listing of exclusive distribution rights

Listing of exclusive distribution rights is the most commonly used contract. In this type of listing agreement, an agent is appointed as the sole agent of the seller and has exclusive authority to represent the property.

A California Realtor Listing Agreement is an agreement that authorizes a broker to sell an owner's property on their behalf. The contract allows them to list the property, but in most cases gives them exclusive rights to the property transaction and potentially earnable commissions.

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5 0
1 year ago
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