Answer:
<em>Bankruptcy</em><em> </em><em>should</em><em> </em><em>be </em><em>only</em><em> </em><em>used </em><em>as </em><em>a </em><em>last </em><em>resort</em><em>.</em>
Answer:
B)$330,000
Explanation:
Jeff contribute
cash 50,000
land 310,000
with a mortgage of 30,000
Total contribution
assets 360,000
liabilities (30,000)
<u>total 330,000</u>
<u></u>
The entry to record the land will be:
Land 310,000
Mortgage payable 30,000
Jeff Capital Account 280,000
The land is recorded, the parthnership assumes the mortage and the remainder goes into Jeff Capital Account.
Employee empowerment can be found in legacy departments.
Answer: legacy - A.
Answer:
Suppose that the economy is producing at its potential level of output and full employment. An economic stimulus which includes increases in government spending will ____________.
raise inflationary pressures.
Explanation:
Inflationary pressures increase when an economy has reached its full employment and potential GDP levels with the introduction of some economic stimulus, through increased government spending, for example. This situation will cause demand and prices to increase. The money available will be too much for the goods available. While producers try to increase production, they cannot exceed their capacity since they have already attained full capacity.