Answer:
The company issues new common stock.
Explanation:
As we know that the cash balance have the debit balance so if there is increase in cash balance so the balance would remain in debit itself
In the given choices, the company issues common stock which increases the cash balance and the journal entry is as follows
Cash Dr XXXXX
To Common stock XXXXX
(Being the common stock is issued for cash)
And, the rest transactions shows the outflow of cash
Answer:
The correct answer is letter "C": to raise competition among firms in the cartel.
Explanation:
A cartel is a group of companies or countries working together to regulate the price of a single product they produce in common. The cartel makes it impossible for a foreign business to enter the market and demand lower prices. Cartels are, in most cases, not helpful to customers. They generate high prices that remain unchanged until consumers find alternative ways to purchase the same items.
Under such a scenario,<em> cartels are unlikely to be formed to generate more competition among the companies that compose them.</em>
Answer:
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Answer:
B. No. Janet should not be angry with her employees' actions because they acted to satisfy the customers on a short term basis. However, had they run out of their most popular item for severaldays, this could have long-term implications for customer satisfaction and customer loyalty, and in the long-run could harm profits as customers find other food trucks or restaurants at which to eat lunch.
Explanation:
I do not agree that Janet should be angry with her employees. Marie acted to avert a short-term problem by utilizing a short-term solution. If Marie permanently replaces Bruce in his role as the purchasing agent, then something must be wrong. She cannot replace Bruce without Janet's authorization because Janet employed Bruce directly and not through Marie.
Answer:
$25,000
Explanation:
Given:
Purchase price of home = $250,000
Market value = $275,000
Mortgage balance = $195,000
Maximum LTV = 80%
Now,
The maximum amount of LTV = LTV × Market value
= 0.80 × $275,000
= $220,000
thus,
The maximum amount of HELOC = $220,000 - Mortgage balance
or
The maximum amount of HELOC = $220,000 - $195,000
or
The maximum amount of HELOC = $25,000
