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2 years ago

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Business

2 answers:

Ymorist [56]2 years ago

7 0

Answer:

the right answer is "<u>B. The children should manage their own weekly allowances.</u>"

Explanation:

trust me ;)

kobusy [5.1K]2 years ago

5 0

Hi!

<em>Option C is correct.</em>

Explanation of the choices:

A. - This seems a good choice, however it's not the best choice. Let's come back to it.

B. - This is the best choice because they get to experience first-hand how to manage and make their own money decisions. Choice A might seem good at first, but we can see this is better because they get to make their own decisions and experience hands-on how to do it.

C - This is not a good choice, because it's best to expose children early so they can grow up knowing how to do it.

D - This choice doesn't make sense. What is the point of money if you store it away and don't spend it? This will likely not be a good lesson in the future.

Hope this helps! :D

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Shareholders exercise ownership control through the power of their votes. Group of answer choices False True

vivado [14]

True, Shareholders exercise ownership control through the power of their votes.

<h3>What is Shareholder Ownership ?</h3>

Common shareholders are part of the owners of a corporation, they have bought some shares or stocks of the corporation either through public offerings or the the Stock markets.

As part of the owners of a corporation, common stock holders have certain rights except otherwise stated in the agreement.

The right to vote during the general meeting to decide how the leadership of the corporation will be.
The right to share in the profits of the corporation.
Common shareholders are notified before issuance of new stock.
They have some degree of control over the management selection process etc.

A corporation is owned by it's shareholders as a group. Each shareholder holds a proportion of the share capital of a corporate and has voting rights in proportion of his shareholdings.

Therefore , we can conclude that the statement is TRUE.

Learn more about Shareholder Ownership on:

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1 year ago

Chris Co. is considering replacing an old machine. The old machine was purchased for $100,000 and has a book value of $40,000 an

Natali5045456 [20]

Answer:

The answer is letter A.

Explanation:

No, because the relevant cost of the new machine is $10,000 more than the cost of the old machine.

3 0

3 years ago

True or False: The term "Attribute" is used frequently in Marketing. The textbook refers to ATTRIBUTE SETS; Universal, Retrieval

Flauer [41]

Answer:

True

Explanation:

Attribute refers to a trait or quality in general which distinguishes objects and things from one another.

In context of marketing, an attribute conveys a product feature which is regarded to be appealing to the buyers and provides utility. It represents quality and characteristics or product traits which distinguish one product from another in the marketplace.

Such unique traits could be w.r.t varying color, size, features, different functions which could act as determinants w.r.t a consumer's acceptance of such a product.

Product attributes are capable of universally inducing and evoking consumer behavior in their purchase decisions and also drawing repetitive purchases from such consumers.

4 0

2 years ago

The best capital budgeting method for ranking investment projects of different dollar amounts is the

Kay [80]

<span>It is the project profitability index. This is a ratio of payoff to investment o a proposed project. This helps with the ranking of projects as it allows you to quantify the amount of the value created per unit of investment.</span>

3 0

3 years ago

Fes Company is making adjusting journal entries for the year ended December 31, 2018. In developing information for the adjustin

anyanavicka [17]

Answer:

Fes Company

1. Amount to report on the 2018 income statement as Insurance Expense

= $3,400

b. Amount to report on the December 31, 2018 balance sheet as Prepaid Insurance

= $3,400

2. Amount to report on the income statement as Supplies Expense

= $72,600

b. Amount to report on the balance sheet as Supplies = $8,400

3. The accounting equation effects of the adjustment for:

a) Insurance

Assets (Prepaid Insurance -$3,400) = Liabilities + Equity (Retained Earnings -$3,400 as Insurance Expense)

b) Supplies

Assets (Supplies - $4,600) = Liabilities + Equity (Retained Earnings -$4,600 in addition to Supplies Expense)

Explanation:

Adjusting Journal Entries:

Debit Insurance Expense $3,400

Credit Prepaid Insurance $3,400

To adjust for expense for the year.

Debit Supplies Expense $4,600

Credit Supplies $4,600

To adjust for used supplies.

Workings:

Supplies

Dec. 31, 2018 Balance $13,000

Supplies on hand 8,400

Supplies used $4,600

Dec. 31 Supplies Expense Balance $68,000

Supplies used $4,600

Total supplies expense = $72,600

4 0

3 years ago