It is true that one risk associated with a global investment is caused by the difficulty of obtaining reliable accounting information needed to evaluate stocks issued by international companies.
Answer:
supply curve has shifted to the right.
Explanation:
Increase in supply indicates that the supply curve has shifted to the right. Quantity supplied has increased while price remains the same. Increase in supply means that the product has become less scarce.
Factors that increase supply includes:
1. A decrease in the cost of production
2. Technological advancement
3. Provision of subsidy by the government
4. More firms enter into the industry
A decrease in supply leads to a leftward shift of the supply curve. It indicates that goods have become more scarce.
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Answer:
The ending balance in the retained earnings account on December 31, 2009 was $11,000
Explanation:
For computing the retained earnings balance on December 31, 2009, the following equation should be used which is shown below:
= Ending retained earnings + dividend paid - net income
= $31,000 + $16,000 - $36,000
= $11,000
Since we have to find out the beginning retained earning so we add the dividend amount and deduct the net income amount
If we find out the ending balance of December 31, 2010, than we add the net income and deduct the dividend amount.
Hence, the ending balance in the retained earnings account on December 31, 2009, was $11,000
Answer and Explanation:
The preparation of the appropriations, expenditures and encumbrances ledger for the police department for the month of July is presented below:
City of South Dundee
Appropriations, expenditures and encumbrances ledger
General fund
Month of July, 2017
Trans Reference Appropriations encumbrances expenditures unexpended appropriation balances
1. Budget -$8,700,000
-$8,700,000
2. Purchased order $520,000
-$8,180,000
3. Invoice issued -$480,000 $478,000
-$8,182,000
4. Payrolls $287,000
-$7,895,000
5. Budget revision $50,000
-$7,845,000
Total -$8,650,000 $40,000 $765,000
-$7,845,000
Answer:
The solution for the cost for all five cakes combined is done below:
Explanation:
We start by looking up the cumulative learning curve coefficient in Table 6.4 for an output of 5 and a learning rate of LR = 0.85. We get:
CLCC(5,0.85) = 4.031086
We then compute the costs of making 5 units as:
CC(of making 5 units, LR = 0.85, c(1) = 40) = 40 × CLCC(5,0.85) = 40 × 4.031086 = 161.2434.