Answer:
E) General journal
Explanation:
The general journal is used to record all the accounting transactions carried out by a company. If the company uses an accounting tool software or a more complete ERP software, the transaction should be recorded immediately or as soon as possible.
For example, the journal record for this transaction should be:
- Dr Accounts Payable account 6,000
- Cr Cash account 6,000
Answer:
Decrease
No change
Explanation:
As we know that
Contribution margin ratio = [(Sales - Variable Costs) ÷ (Sales) ]
Now in the case when the selling price and the variable cost would decreased by 7% so the sales and variable cost would decreased by the similar amount so there is no change in the contribution margin ratio
Also
Contribution Margin per Unit = Sales revenue per Unit - Variable Expenses per unit
Now if the selling price and the variable cost would decreased by 7% so the contribution margin would also decrease
Answer:A merger
Explanation:
This is coming of two companies to form a new firm with both companies losing their indentity .
Answer:
Socially -responsible activities might be value-maximizing because there are green investors out there who want to be identified an environmentally-conscious firm.
Explanation:
Environmental footprints such as carbon impact are not taken for granted by investors as they perceive a company as being responsible and worthy of their investment if it cares about the environment and its impact of negative externalities on its host community.
In fact, some consumers even check out a product for signs of environmental consciousness on it before making purchase, such disposition also transcends to investment decisions as well.
Hence, such companies that are conscious have their shares being highly demanded, forcing share price to rise as well as the overall value of the entity.
