Question 8

Business

1 answer:

Darya [45]3 years ago

3 0

Answer:

Explanation:

people have to make choice due to limited (opportunity cost)

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Corporations with control both within and across industries are formed by a series of mergers and acquisitions across industries

Zielflug [23.3K]

Answer:

conglomerate

Explanation:

In simple words, A conglomerate refers to the multi-industry corporation, which is a mixture of many enterprises operating within one organizational group in completely different sectors, which can include a holding company and several branches.

The conglomerates are always global and massive. The predominant conglomerates consolidate financial risk through investing in a variety of different industries, although other conglomerates opt to engage in a single sector, like those in mines.

6 0

3 years ago

During the month of May, a company performed $2,400 of cash services and $3,300 of services on account. The journal entry at the

Tanya [424]

Answer:

Debit : Cash $2,400

Debit : Account Receivables $3,300

Credit : Revenue $5,700

Explanation:

Revenue is recognized when a firm transfers the control of goods or services not when paid.

So this journal must both recognize the Assets in Cash and Assets in Trade Receivables since control for the services has already been transferred.

The journal entry at the end of the month to record this transaction would be :

Debit : Cash $2,400

Debit : Account Receivables $3,300

Credit : Revenue $5,700

3 0

3 years ago

Under SEC rules, the managers of certain funds are allowed to deduct charges for advertising, brokerage commissions, and other s

GarryVolchara [31]

Answer:

These kind of fees that are deducted for advertising and other sales expenses directly from the fund rather than billing investors is known as 12 B-1 charges.

Explanation:

This is a fee assessed from a mutual fund to it's investors. The managers instead of charging or billing the investors, deduct certain amount directly from the fund itself. This is a type of annual marketing and distribution fee considered as operational expense and is included in a fund's expense ratio.

8 0

3 years ago

which of the following consumer credit acts examines lenders’ practices regarding race, religion, national origin, color, gender

photoshop1234 [79]

The Consumer Credit Acts which examines lenders’ practices regarding race, religion, national origin, color, gender, marital status, or age is the:

Equal Credit Opportunity Act (ECOA)

According to the given question, we are asked to show the Consumer Credit Acts which examines lenders’ practices regarding race, religion, national origin, color, gender, marital status, or age

As a result of this, we can see that the Consumer Credit Act which has the job of enforcing the consumer protection so that people would not be denied credit based on their gender, age, race, religion, sex, marital status, etc.