Answer:
Journal entry to eliminate Sale to Peter Company
Debit : Sales Revenue (Sally Company ) $50,000
Credit : Cost of Sales (Peter Company) $50,000
Explanation:
Peter Company and Sally Company are in a group and Peter Company is the Parent whilst Sally Company is the subsidiary.
For 2019 Eliminate an Intragroup Transactions that occur between Peter Company and Sally Company.
Answer:
B. French wines will become more expensive in the United States.
Explanation:
Exchange rate is the rate at which one currency can be exchanged for another during international trade. The strength of a currency determines how much of the other countrie's goods it can purchase.
When the strength of a countrie's currency is high it will purchase more of the other countrie's goods. If however the currency is weak, it will take more to buy the other countrie's goods.
In this case if the dollar falls against the euro, it will take more dollars to buy French wine than before.
For example if a bottle of French wine was $500, after the fall the price may now be $800.
Answer:
Needs : Frappuccino before work each day and winter coat
Wants: monthly loan payment and paying extra on the principal loan amount
Saving: rent on your apartment
Answer: TRUE
Explanation: PERT NETWORKS is a project management system/ tool that is prepared before the commencement of a project by creating durations for each task and assigning tasks. It was developed by the United States Navy.
GNATT CHARTS are charts prepared mainly as GRAPHICAL REPRESENTATION of the various tasks,its duration and mile stones achieved during the project. GNATT CHARTS are more efficient and more basic in tracking the progress of a project as it breaks the project into small phases,tracks MILESTONE ACHIEVED as the project continues.
Answer:
It would take the form of a tax on houses in a small neighborhood, to pay for the new street lamps in that area.
Explanation:
Special taxes are taxes that have a specific application since they affect only a certain group of goods and services that, given their characteristics or effects, are chosen by the government or the tax authority to be subject to a particular tax.
Special taxes are indirect taxes that are applied to the consumption of certain goods or services (such as alcohol or hydrocarbons). They are linear in relation to disposable income.
