Answer:
The answer is moral minimun.
Explanation:
The moral minimun is the less acceptable standard for ethical business behavior. Normally considered to be compliance with the law.
In other words, is the minimum degree of ethical behavior expected of a business firm, which is usually defined as compliance with the law.
Answer: Option (B) is correct.
Explanation:
Suppose there is an increase in the government spending which means that it is a expansionary fiscal policy, this will also results in an increase in the government borrowings. Now, this increase in the government borrowings will increase demand for the loanable funds, as a result interest rate increases. This rise in the interest rate will lead to a reduction in investment spending.
Hence, the government spending crowding out the investment spending. Therefore, crowding out reduces the effect of expansionary fiscal policy.
Answer:
e. The managers of established, stable companies sometimes attempt to get their state legislatures to impose rules that make it more difficult for raiders to succeed with hostile takeovers
Explanation:
A hostile takeover refers to a type of corporate merger or acquisition that is carried out against the wishes of the managers of the target company. As a result the stable organisations management attempt to get their state legislatures impose their administrative regulations; thus making it far more difficult for the corporate raider to succeed in hostile takeovers. Moreover the management usually does not prefer the hostile takeovers
Answer: Option D
Explanation: In simple words, value maximization in decision making refers to the concept in which the decision makers tries to make a decision through which both the parties involved gets maximum benefit.
Thus, he takes into consideration the concerns of both the parties without any bias and tries to make the best outcome out of it.
Hence from the above we can conclude that the correct option D.
Answer:
Journal entry
Date General Journal Debit$ Credit$
Oct 31 Cash 10000
Notes payable 10000
Dec 1 Account receivable 900
Service revenue 900
Dec 31 Interest expense 100
(10000*6%*2/12)
Interest payable 100
Interest receivable 9
(900*12%*1/12)
Interest revenue 9
June 1 Cash 954
Notes receivable 900
Interest receivable 9
Interest revenue 45
June 30 Notes payable 10000
Interest payable 100
Interest expense 300
Cash 10400
