Answer:
B
Explanation:
When a company issues shares, ‘cash’ is debited because money has come into the firm (debit means addition). ‘Equity’ is credited however because it is money the business is owing to the business owners (credit means negative)
Equity is always a credit balance when new shares are issued. It means the business is owing more to the business owners.
Note that Equity is a credit balance (in negative position) while Asset is a debit balance (positive)
In our case, we have added more business owners by getting more money to the business to the tune of $100,000. We will therefore credit equity by -$100,000). Since money came in, we also debit cash by adding an equivalent +$100,000.
The entry is therefore balanced and correct!
Answer:
c. wages and prices are often inflexible in the downward direction
Explanation:
While the prices of the products can decrease in a recession when there is a decrease in demand there is an excess in the supply, therefore, the price decreases but, in real life that doesn't occur people prefer not to work rather than going to work for a lesser amount most of the times. The same goes for some prices under which the producer or manufacture firm does not reduce the price.
Information operations is described as the integrated employment throughout military procedures of facts linked abilities in concert with other lines of procedure to impact, interrupt, dishonest, or seize the decision making of opponents and potential opponents while defending individual. The main aim of information operations is to attain and preserve information superiority for the united states and its allies. Information operation is not almost rights of individual abilities but relatively the integrated application of those abilities as force multipliers to create a anticipated effect in command to attain a joint forces commanders end state.
Answer:
$50.50 per machine-hour
Explanation:
The computation of the plant wide overhead rate is shown below:
Plant wide Overhear Rate = Estimated Manufacturing Overhead ÷ Expected Machine-hours
where,
Estimated Manufacturing Overhead = Estimated Indirect Labor + Estimated Factory Utilities
= $6,520,000 + $550,000
= $7,070,000
And, the expected machine hours is 140,000
So, the plant wide overhead rate is
= $7,070,000 ÷ 140,000 machine hours
= $50.50 per machine-hour
