We are given the statement above. I think we are supposed to determine if the statement is true or false. If this is the case, then the answer is TRUE. The diversifiable risk can be lowered if there are more stocks added to the portfolio. The nature of the diversifiable risk is that the less the stocks in each portfolio, the greater the risk.
Answer:
The economy of the Gilded Age was characterized by:
(i) economic growth and high unemployment among unskilled workers.
(ii) a deep recession in which high unemployment fueled massive and rebellious social change.
(iii) slow economic growth and high unemployment among the middle class.
(iv) rapid economic growth and social change.
Economy:
Economy simply indicates an arrangement in which the people are indulged in consumption, and other economic activities. No arrangement can ever be said as an economy without the prevalence of economic activities.
Answer and Explanation: 1
The correct answer is (iii) slow economic growth and high unemployment among the middle class
In the US, glided age resembles the scenario prevailing in the last phase of 19th century. The primary feature of this age is the slower pace of economic growth. This indicates when the economy is least indulged in industries. Also, several people stay unemployed despite lying within middle-income classes. This is because if the people lying in the middle class are unemployed, then it could be understood that poverty would be extreme in an economy.
Answer: $13,580
Explanation:
The ending balance of the Work in Process:
= beginning Work in Process inventory + direct materials + direct labor + factory overhead - transferred out of the department
= $11,300 + $77,300 + $25,300 + $15,180 - $115,500
= $13,580
Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is $13,580.
Answer:
Sum of Entries for the First Year
Land $ 276,000 (debit)
Cash $225,000 (debit)
Equity $501,000 (credit)
Explanation:
Jan 1
Cash $225,000 (debit)
Equity $225,000 (credit)
<em>5,000 × $45 per share = $225,000</em>
Dec 1
Land $ 276,000 (debit)
Equity $ 276,000 (credit)
<em>6,000 shares × $46 each = $ 276,000</em>
<em>Land is Initially Recognised at Cost in terms of IFRS (IAS 16)</em>
Sum of Entries for the First Year
Land $ 276,000 (debit)
Cash $225,000 (debit)
Equity $501,000 (credit)
Answer:
The company must not make any adjustment entries in year x3 since the FOB means "Free on board" and at the moment the buyer delivers the goods at the port of shipment, at that time the risks of loss or damage of merchandise are transferred to the buyer from the seller
When this happens, the sale is made since the seller no longer owns the merchandise.
n this case, the seller does not own the merchandise since December 28 and has already made the corresponding records. so he should not make any adjustments.