Answer:
Date General Journal Debit Credit
Debt investment 8850
Cash 8850
Dec 30 Cash 7000
Debt investment 6500
Gain on sale of investment 500
Explanation:
Answer:
Stock C is correct answer
Explanation:
According to the investigation of LaPorta's 1996 study Stock expected to have poor earnings growth has the greatest alpha. Unlike, the option stock A and option stock B with modest and higher earnings growth.
Corrct Answer: Stock C.
Answer:
D. The market price of purses will increase to $510 because of the tax ($500+ $10 tax $510)
Explanation:
Tax of $10 on the luxury purses is a luxury tax.
A luxury tax is a tax that is charged as a percentage of the price, i.e. an ad valorem tax, on goods and services that considered not to be essential.
A luxury tax is a type of indirect tax and its effect is to increase the price of the commodity making the final consumer who buys the good to be the only one to bear the burden of the tax.
Therefore, a tax of $10 on luxury purses is equivalent to a 2% ad valorem tax and this will make the market price of purses to increase to $510 because of the tax ($500+ $10 tax $510).
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Answer:
False
Explanation:
A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.
The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.
The answer is : A. Matrix
Matrix function departmentalization is notorious for confusion and conflict between project managers in different areas of the organization. This confusion and conflict tend to arise because this departmentalization tried to mix the functional and task force division at the same time