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3 years ago

Globalization increases the interdependency of the world's countries. Inflation in one country would most likely

1 answer:

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The correct answer for the question that is being presented above is this one: "D. relate to inflation in other countries." Globalization increases the interdependency of the world's countries. Inflation in one country would most likely relate to inflation in other countries.
Here are the following choices:
A. not impact inflation in other countries
B. cause deflation in other countries
c. result in stagflation in other countries
D. relate to inflation in other countries

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Railroad companies controlled by J. P. Morgan sometimes issued watered stock, a practice that Question 11 options: a) kept inves

Katena32 [7]

Answer:

A) kept investors happy but caused overcapitalization and debt for the railroads.

Explanation:

When a firm issued watered stock, it means that they are issuing the stock with an artificially high par value. Watered stocks were a type of fraud related to the sales of stocks with an absurd par value. You have to remember that back then, railroad companies were huge and extremely powerful, monopolies were common and information was scarce and generally manipulated. By issuing stocks with a very high par value investors were tricked into believing that the company was actually worth much more that its real value. Very few people dared to oppose the industry giants and most tried to earn money by using the same dirty tricks.

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3 years ago

"Marshall Enterprises charged the following amounts of overhead to jobs during the year: $20,000 to jobs still in process, $60,0

4vir4ik [10]

Answer:

Given that,

Jobs still in process = $20,000

Jobs completed but not sold = $60,000

Jobs finished and sold = $120,000

Marshall Enterprise's Factory Overhead account has a credit balance of $5,000

Therefore, the journal entry is as follows:

Factory overhead A/c Dr. $5,000

To Cost of goods sold A/c $5,000

(To record the cost of goods sold)

3 0

3 years ago

The new office supply discounter, Paper Clips, Etc. (PCE), sells a certain type of ergonomically correct office chair. The annua

mrs_skeptik [129]

Solution :

Given data:

Annual demand, D = 180,000 chairs

Ordering cost, F = $ 150 per order

Annual holding cost per unit, C = $25

Lead time of order, L = 5 days

Standard deviation of order during lead time = 30

a). The optimal order quantity

$=\sqrt{\frac{2FD}{C}}$

$=\sqrt{\frac{2\times 150 \times 180,000 }{25}}$

= 1469.69

= 1470 (rounding off)

b). The Z value of the customer service of 90%,

i.e., the probability of 0.90 as per normal distribution table = 1.29

∴ Safety stock = Z value x standard deviation of order during lead time

= 1.29 x 30

= 38.7

= 39 (rounding off)

c). The reorder point

$= \text{Average demand per day} x \text{Demand lead time (day) + Safety stock}$

$=\frac{\text{annual demand}}{\text{300 days}} \times \text{ Demand Lead time (days) + Safety stock}$

$=\frac{180,000}{300} \times 5 + 39$

= 3039

d). The optimal annual total inventory cost

$\text{= Annual ordering cost + Annual Inventory carrying cost}$

$\text{= Number of orders} \times \text{Ordering cost + Average inventory} \times }$ $\text{Inventory holding cost per unit per year}$

$=\frac{\text{annual demand}}{\text{optimum order quantity}} \times \text{ordering cost+}\frac{\text{optimum ordering cost}}{2}\times C$

$=\frac{180,000}{1470} \times 150 + \frac{1470}{2} \times 25$

= 18367.34 + 18375

= $ 36,742.34

6 0

3 years ago

The legal proceeding or legal action brought by either the buyer or the seller under a purchase contract to enforce the terms of

Fynjy0 [20]

The amount of an earnest deposit is determined by:Agreement between the partiesThe term rescind means:CancelEvery real estate contract must have:Offer & AcceptanceBroker took listing and later found out client is legally incompetent. Listing is now:Of no value to broker, VOIDAfter buyer & seller sign sales contract, seller changes mind and defaults. Buyer sues seller to force contract. This is know as a suit for:Specific PerformanceOfferee has right to:reject offerStatue of Frauds states all contracts:must be in writing to be enforceableBroker receives earnest money on Tuesday.
Seller accepts offer on Thursday.
When does Broker need to deposit earnest money?By Friday in special non interest bearing trust account.Void contract:Not legally enforceable.Legal proceeding or legal action brought by either buyer or seller under a purchase contract to enforce the terms of the contract is known asSuit for specific performanceEssential elements of a contract do not need:notarized signaturesUpon receipt of offer to purchase property under certain conditions, seller makes counter offer, the buyer is:relieved of original offerBuyer defaulted some time ago on a written contract to purchase sellers real estate. Can seller sue for damages?Yes, if seller is not prohibited from doing so by statute of limitations.What is best evidence of buyers intention to carry out terms of contract?earnest money depositReal Estate Licensee may draft a contract:NEVER, licensee can only fill in blanks.An option:keeps an offer open for a specified time period.Prospective buyer makes a written purchase offer that the seller accepts, then:buyer receives equitable title to the propertyBilateral contract:promise for a promiseLaw that requires real estate contracts to be in writing to be enforceable:Statute of FraudsOwner takes property off market for definite period of time in exchange for some consideration, but grants right to purchase property within that period for a state price this is calledOptionBreach of contract is a refusal or failure to comply with terms of contract, buyer may:Sue seller for specific performance
Rescind contract and recover earnest money
Sue seller for damagesTo assign a contract for the sale of real estate means to:transfer ones rights under the contractBroker gets offer to purchase, seller out of town, broker must:wait to obtain the signature of the seller to effect the contractIn option to purchase real estate, optionee:has no obligation to purchase the propertyBuyer has right to revoke offer at any time and recover earnest money until:offer is acceptedSeller said empty lot soil was firm enough to support new construction, seller knew building would probably sink. Contract is:Voidable by buyer because of fraud.Contract agreed to under duress:VOIDABLEContract becomes valid when:both buyer and seller signRevocation of offer before acceptance, death of offeror before acceptance, counteroffer by offeree:terminate offerBroker deposits earnest money int trust account. When can seller receive it?At time of settlementWhat is the status of an option contract that has been exercised?BilateralDestruction of the premises would:terminate sales contractIL deed or contract executed on Sunday or legal holiday is:VALID and enforceableHow must real estate contracts be headed under IL law?REAL ESTATE SALES CONTRACT
Bigger font than rest of contractBoth parties sign sales contract. Three days before closing tornado destroys property. Under IL law:Seller cannot enforce contract and must return all earnest money to the buyer.

3 0

3 years ago

Macroeconomics is the branch of economics that focuses on:

zzz [600]

Answer:

B. economic principles affecting entire countries.

Explanation:

Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.

5 0

3 years ago