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3 years ago

In recent years, foreign firms were reluctant to merge with or acquire American corporations.a. Trueb. False

Business

1 answer:

dangina [55]3 years ago

8 0

Answer:

b. False

Explanation:

Merging or acquiring American corporations by foreign firms helps them consolidating businesses or assets with a view to increasing productivity, maintaining a competitive edge, growing market share, or controlling supply and distribution networks. It gives them a reputation at the international stage as the United States has a dominant capitalist stand and merging with it ensures a promising future in the business market.

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If a company has advance ticket sales totaling 2,000,000 for the uncomping football season. the reciept of cash would be journal

Andru [333]

If a company has advance ticket sales totaling 2,000,000 for the uncomping football season. the receipt of cash would be journalized as Debit Cash, credit Unearned Revenue.

A receipt is documentation that something was purchased and paid for. If you plan to return something you purchased, you usually need it. On business trips, people keep track of their receipts so that their employers can reimburse them for any expenses they incurred. A less common usage of the word receipt is as a verb, as in "The clerk receipted my purchases," which means that the clerk provided written evidence that the things were paid for. Receipts are given out in business-to-business transactions as well as stock market transactions, in addition to the receipts that customers normally obtain from vendors and service providers. Both transactions on the stock market and business-to-business exchanges issue receipts. Furthermore, receipts are required as verification of some expenses for tax purposes.

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1 year ago

Prepare the issuer's journal entry for each of the following separate transactions.

jeka57 [31]

Answer:

March 1

Debit : Cash $318,500

Credit : Common Stock $198,000

Credit : Excess of Par $120,500

Being Issue of Par value Shares for $318,500 cash

April 1

Debit : Cash $84,000

Credit : Common Stock $84,000

Being Issue of no Par value shares for $84,000 cash

April 6

Debit : Inventory $53,000

Debit : Note Receivable $103,000

Credit : Common Stock $68,000

Credit : Excess of Par $88,000

Being Issue of Par value Shares for Inventory and Note Receivable

Explanation:

Note: We are instructed to prepare journals from the issuer`s point of view and this needs to be followed.

When shares are issued, the Common Stock increases :

a. For par value Common Stocks, any price paid in excess of par value is accounted in Excess of Par Reserve.

b. For no par value shares, there is no Excess of Par Reserve, we simply record the increase in Common Stock at the price paid for.

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3 years ago

During the last half of 2008, the Fed seemed to take "baby steps" in reducing the federal-funds rate target, before finally lowe

emmasim [6.3K]

Answer:

Why can't the Fed push the rate any lower than zero?

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Why do you think that the Fed was so seemingly reluctant to push the rate all the way to the floor?

The reason why the Fed was not willing to push the interest rates to zero or even below zero was that by doing so, the US dollar would have depreciated or lost value. In Europe this was done to encourage people to spend their money and not save as much, but in the US that is not really a problem. Generally in the US the problem is that people spend too much and save too little, but on some European countries and Japan, people tend to save too much. For example in Japan the national savings rate fluctuates between 22-40%, while the maximum savings rate in the US has been 10.4% in 1960, it currently is around 7.6%.

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B. better customer service

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2 years ago

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Charleston, Inc. has Accounts Receivable of $320,000 and an Allowance for Doubtful Accounts of $16,000. If it writes-off a custo

noname [10]

Answer:

$304,000