Answer:
Jan .7 Dr Vacation Benefits Expense $ 160
Cr To Vacation Benefits Payable $160
Explanation:
Journal entry for Mayer
Date Account Name Debit Credit
Jan .7
Dr Vacation Benefits Expense $ 160
Cr To Vacation Benefits Payable $160
( to record vacation pay expense.)
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Answer:
Unocal was attracted to Burma for several reasons. First, labor was cheap and relatively educated. Second, Burma was rich in natural gas resources. Third, Burma was an entry point into other international markets, particularly in and around Southeast Asia. Finally the political environment was extremely stable.
Explanation:
Answer:
The correct answer is letter "A": cumulative preferred stock that have been declared but have not been paid.
Explanation:
Dividends in arrears are dividends that have not been paid in a period on cumulative preferred stock. A company does not necessarily have to pay dividends to its shareholders but the payment becomes cumulative. Under this situation, it is said that the organization has failed to generate enough cash during the year. Besides, there must be a dividend declaration for the dividends in arrears to be liable recognized.
The utility is not maximized since the marginal utility gained from the fifth sandwich is greater.
In economics, utility refers to the entire satisfaction or benefit gained from consuming an item or service. Consumer utility maximization is commonly assumed in the economic theories based on the rational choice.
In economics, the marginal utility is the additional satisfaction (utility) that a buyer receives by purchasing an additional unit of the product or the service. It computes utility once the first product is consumed (the marginal amount).
Therefore, the utility is not maximized , from the fifth sandwich onwards the marginal utility is more.
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