Answer:
a. Other Comprehensive income for 2020 = Unrealized holding loss = -$9.9 million
b. Comprehensive income for 2020 = Net income - Unrealized holding loss = $1,180 million -$9.9 million = $1,170.1 million
c. Accumulated other comprehensive income at December 31, 2020 = Accumulated other comprehensive income - Other Comprehensive income for 2020 = $55.2 million -$9.9 million = $45.3 million
If consumers and firms become less optimistic about the future economy then (C) unemployment will rise.
<h3>
What is unemployment?</h3>
- Unemployment is the state of being capable of working, actively seeking work, but unable to find any.
- It should be noted that in order to be considered unemployed, a person must be an active member of the labor force and actively seeking remunerative work.
- Unemployment reduces demand, consumption, and purchasing power, resulting in lower profits for businesses and budget cuts, and workforce reductions.
- It starts a vicious cycle that is difficult to break without outside intervention.
- Unemployment will rise if consumers and businesses become less optimistic about the future economy.
Therefore, if consumers and firms become less optimistic about the future economy then (C) unemployment will rise.
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The complete question is shown below:
1. Consider an economy at full employment. If consumers and firms become less optimistic about the future economy then
a) price levels will rise.
b) output will rise.
c) unemployment will rise.
The general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.
<h3>How are office supplies on credit recorded?</h3>
Office supplies on credit means office supplies bought on credit by the firm.
In conclusion, the general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.
Read more about Accounts Payable
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Answer: a. Set ground rules to be followed. b. Ignore conflict so that it will blow over. c. Start meetings promptly. d. Introduce a tentative agenda.
Explanation: All the answers given are correct, but Alyssa should be cautioned around her conduct during the staff meeting.
Answer:B) Copyright
Explanation:
A copyright is a legal protection that gives the original inventors of a product the exclusive right to manufacture, sell ,use a product for a limited time.
A copyright prevents others from duplicating a product during the years the copyright is active.
A trademark is a logo of a brand , product or company.
Patent is a legal right given to an inventor that prevents others from using ,duplicating or selling the invention for a period of time usually twenty years.
A warranty is an agreement between a buyer and a seller where the seller agrees to replace or make repairs when certain damages occur to a product within a specified period.
Treaty is a written agreement agreed to by countries and international organisations.
