The first advice I would give Mr. Peterson would be to formalize the transfer. So the first step in this situation would be to contact a good lawyer to see if the transfer of business to your child would be authorized. This is because the transfer of LLCs has rules that may differ from one location to another.
ANSWER: Verbal.
Otherwise, the answer could be:
Effective.
Answer:
1. B) Deflation
2. A)-10.00%
3. D) 8
4. E) 8.89 baskets.
5. (A) Rises
Explanation:
Deflation is a fall in general price levels. When deflation occurs, the value of money increases: The purchasing power of money increases.
The deflation rate = ( this year price level - last year's price level ) / last year's price level
Deflation rate =( $9 - $10) / $10 = -10%
In the previous year, $80 would purchase $80 / $10= 8 baskets
This year, $80 would purchase $80 / $9= 8.89 baskets
Inflation is a rise in the general price levels.
I hope my answer helps you
Answer:
D. Environmental responsibility
Explanation:
Environmental responsibility can be defined as a set of efforts adopted by companies with the objective of reducing the negative impacts related to business activities and adopting practices aimed at environmental protection.
In the case of Tesla, the use of renewable energies is an example of environmental responsibility, as the company's focus is the production of electric vehicles, which, unlike vehicles that use fossil fuels, do not emit polluting gases that contribute to the greenhouse effect.
Therefore, Tesla offers an alternative that reduces the environmental impact of vehicles, attesting to their environmental responsibility and increasing the brand value, reliability and positioning with stakeholders, being a company aligned with the highest parameters of promoting sustainability.
Answer: the correct option is A. Expenditure.
Explanation: From the scenario given above, we can see that this is a government expenditure.
Government expenditure include all the purchases of goods and services that are categorized as; public consumption and public investment, and transfer payments consisting of income transfers (pensions, social benefits) and capital transfer.
One thing to note is that governmental fund types make use of the modified accrual basis of accounting which focuses on the flow of financial resources.
Therefore, the use of financial resources by the government will be considered as an expenditure and not an expense.
