Select the correct answer.
Which statement is true?
A. Savings are a leakage in the circular...
Business, 09.10.2020 23:01 pineapplepizaaaaa
Select the correct answer.
Which statement is true?
A. Savings are a leakage in the circular flow of income.
B.
Households
pay wages to businesses.
C. Exports are leakages in the circular flow of income.
D.
Taxes paid to the government have no direct effect on the economy.
Answers: 3
Business, 22.06.2019 05:40
Grant, inc., acquired 30% of south co.âs voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in southâs net assets. grantâs 30% interest in south gave grant the ability to exercise significant influence over southâs operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?
Answers: 1
Business, 22.06.2019 11:10
Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.
Answers: 1
Business, 22.06.2019 22:30
Ellen and george work for the same company. ellen, a gen xer, really appreciates the flextime opportunities, while george, a baby boomer, takes advantage of the free computer training offered at the company. these policies are examples of
Answers: 3
Business, 22.06.2019 23:00
The five steps to financial success a. five money myths b. five foundations
Answers: 1
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