Answer:
PART A
(1) Increase in demand for employment in Louisville than in Indiana.
(2) Migration of workers from Indiana to Louisville.
(3) A higher standard of living in Louisville than in Indiana.
(4) High cost of doing business in Louisville than in Indiana.
PART B
(1) increase in population of workers in Louisville.
(2) Increase in inflation in Louisville
(3) High standard of living in Louisville.
PART C
(1) Migration of the workforce from Indiana
(2) Reduced population of workers in Indiana.
Explanation: Minimum wage is an Economic term used to describe the lowest amount of money below which no worker who is employed within an economy should be paid.This term is usually concerned with those employed in the formal sectors of the economy in both the Private and public sectors, it is usually legally approved.
THE HIGHER THE MINIMUM WAGE IN AN ECONOMY THE HIGHER THE RATE OF MIGRATION FROM OTHER ECONOMIES INTO THE ECONOMY.
The period of time before and after an initial public offering (IPO) when communication with the public is limited is called the <u>quiet</u> period.
<h3>What is an IPO?</h3>
An IPO is acronym for initial public offering and it can be defined as a process through which a privately owned company (private corporation) list its shares on a stock exchange, in order to make them available for purchase by the general public.
In an initial public offering (IPO), the period of time before and after when communication with the public is limited is called the <u>quiet</u> period.
Read more on IPO here: brainly.com/question/9162694
Answer:
Inventory write off = $5,000 Debit
Inventory = $5,000 Credit
Explanation:
given data
current inventory = 5,000 units
purchased = $6 per unit
Replacement cost = $5 per unit
solution
As here we know replacement cost fallen to $5 per unit which is lower than the cost of $6
so that amount realized from the sale of a unit is $5 so
so total adjustment required is
total adjustment required = ( $6 - $5 ) × 5000
total adjustment required = $5,000
so that
Entry required to write down inventory to its realizable value as
Inventory write off = $5,000 Debit
Inventory = $5,000 Credit
Answer:Q1. Is Summit software is gazelle? Support your answer.
Ans. .Gazelle define as a gazelle company is a high-growth company that has been increasing its revenues by at least 20% annually for four years or more, starting from a revenue base of at least $1 million. Yes from this definition, we can say that this software is gazelle.
Q2.What problems may Jim face by owning such a fast-growing business?
Ans. Faces problems that the As the business grows rapidly, there would be more expectations from the customers. They would expect for change and more innovation in their products. Mr. JM has only three employees and they are burdened with heavy load of work.
The competition arises between firms. Some might be healthy and some might be unhealthy. Unhealthy competition may lead Mr. JM to go in a wrong path.
Q3. Are gazelle more important to the economy that traditional growth business?why or why not?
Ans. Gazelles are vital for the growth of the economy as the country is being benefitted by the profit received by gazelles. Gazelles grow rapidly and hence the economy of the country grows rapidly. Traditional growths in businesses are very slow but they also bring steady profit for the country at a lower and standard level.
Explanation:
The answer to this question is the letter "A" Cumulative Preferred Stockholders.
The cumulative preferred stockholders are paid on par value and not on the sales price. The dividends in arrears occur when the company does not pay dividends to cumulative preferred stockholders.
