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hammer [34]
2 years ago
13

A company that owns companies that are in a different industry and performs

Business
1 answer:
dimulka [17.4K]2 years ago
4 0
A is the answer as they are in unrelated industries
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In an economy in which decisions are guided by prices and individual self-interest, there isa. the potential to achieve efficien
S_A_V [24]

In a market economy, like the one described in the question, there is the potential to achieve efficiency in production. This is because producers can choose what they produce and can focus on the products they are good at. This can help with economies of scale and efficiency.

3 0
2 years ago
Read 2 more answers
Highland Company's standard cost is $250,000. The allowable deviation is ±10%. Its actual costs for six months are as follows Ja
Rasek [7]

Answer:

The month that is lower than the lower control limit is February ($220,000).

Explanation:

Giving the following information:

Highland Company's standard cost is $250,000.

The allowable deviation is ±10%.

Actual Fixed costs:

January $235,000

February 220,000

March 245,000

April 265,000

May 270,000

June 280,000

First, we need to calculate the lower control limit:

Lower control limit= 250,000*0.9= $225,000

The month that is lower than the lower control limit is February ($220,000).

6 0
3 years ago
On December 31, 2019, Spearmint, Inc., issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. Prepare the necessary jo
Sophie [7]

Answer:

Dr Cash for $461,795,

Cr Premium on Bonds Payable for $11,795

Cr Bonds Payable for $450,000

Explanation:

Journal entries

Dr Cash for $461,795,

Cr Premium on Bonds Payable for $11,795

Cr Bonds Payable for $450,000

(Issue price of $461,795 - par value of $450,000) =$11,795

8 0
3 years ago
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Identify the item below that is accurate regarding preparer retention of records.a. The preparer must make the copy or record of
AveGali [126]

Answer:

D. all of the above

Explanation:

a. The preparer must make the copy or record of returns and claims for refund and record of the individuals required to sign available for inspection upon request by the commissioner.

b. The preparer must retain a completed copy of each return or claim for refund prepared or retain a record by list, card file, or otherwise, of information, as required by regulation, about each return prepared.

c. The preparer must retain information about the preparer of each return presented to a taxpayer for signature. This information may be retained via retention of a copy of the return or claim for refund, maintenance of a list or card file, or otherwise.

7 0
3 years ago
At the beginning of the period, Utilities Payable equals $500. At the end of the period, Utilities Payable equals $700. If Utili
zalisa [80]

Answer: $1,300

Explanation:

Beginning Period for Utilities = $500

Ending Period for Utilities = $700

Expenses for the period = $1,500

Cash paid for the period =

$500 + $1,500 = $2,000

less ending period utilities bal =$700

= $2,000 - $700 = $1,300

Cash paid during the period is $1,300

4 0
3 years ago
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