Answer: The firm issued common stock in 2013.
Explanation:
Since the firm has never paid a dividend to its common stockholders, we can see that the firm issued common stock in 2013.
Looking clearly at the common equity section, we can see that there was an increase in the common stock from $1000 to $2000.
The reduction in the retained earnings from $2340 to $2000 also shows that there was a loss.
Based on the above scenarios, we can say that the firm issued common stock in 2013.
Answer:
2. False
Explanation:
Market organization refers to the ways goods and services are bought and sold in the market.
Under market organization, individuals can communicate their buying decisions and their preferences and tastes directly to their peers and known ones which eventually affects the latter's decision making. This is a direct way of communication.
Similarly, another form of communication would be indirect wherein an individual conveys his/her choice of with whom they want to transact with rather than their preferences. Here the communication is indirect and this is a realistic possibility.
Hence the given statement is false.
The answer is D because it is not a
Answer:
1. The reason Sarah might want to use standard costs to compare with her actual costs is:
a. Management can evaluate the differences between standard costs and actual costs to focus on correcting the cost variances.
2. Drawbacks of using Standard Costs are:
c. Standards limit operating improvements because employees may be discouraged from improving beyond the standards.
d. Employees may focus only on efficiency improvement and their own operations rather than considering the larger objectives of the organization.
e. Standards may become "stale" in a dynamic manufacturing environment.
Explanation:
Standard costs encourage the pursuit of management goals. They are the costs that should be under a particular type of circumstances. They are usually compared with actual costs to determine their differences or variances. Their use helps management to focus on how to improve overall performance.
"A high-risk loan is a financing or credit product that is considered more likely to default, compared to other, more conventional loans."
I hope this helps ^-^
