Answer:
The correct answer is: d) matrix
Explanation:
The matrix organizational structure is atypical as it brings together employees and managers of different departments to work towards achieving a goal. The matrix structure is a combination of functional and division structures. The first divides departments within a company of developed functions, while the second divides them by products, customers or geographic location. Small business owners must understand the benefits and limitations of the matrix structure before implementing it in their businesses.
If Burberry mills sold stock to an insurance company to raise needed financing for expansion and new product development, then he is making a private placement. It is the method of raising funds or capital by selling securities, bonds or stocks directly to any private investor instead of being a part of public offering. These private investors are typically insurance companies, mutual funds, pension funds and large banks. This placement is not needed to be registered with the SEC or the Securities and Exchange Commission since it is being offered only to selected individuals. Also, a detailed financial statements are not needed to be disclosed.
Answer:
additional firms will be attracted into the market until price falls to the level of per-unit production cost
Explanation:
A price taker is a firm or a seller who is not able to set the market price for its goods and services. Instead, the price taker accepts the price set by market forces - forces of demand and supply.
An example of a price taking firm is a firm in a perfect competition
If a firm is able to charge prices above production costs, the firm is earning an economic profit
If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Answer:
C. Interest Expense for $32,500
interest expense 32,500 debit
premium on BP 2,500 debit
cash 35,000 credit
--to record interest payment--
Explanation:
proceeds: 1,050,000
face value: 1,000,000
premium on BP 50,000
straight line method is used therefore, we amortize the premium equally between payment:
the bond is outstanding for 10 years at 2 payment per year: 20 payment
50,000 / 20 = 2,500
now the cash outlay in favor to the bondholders:
1,000,000 x 7% / 2 = 35,000
The amortization decreasethe interest expense giving a value of 32,500
making option C correct.