Phelps Inc. acquired 20% of the outstanding common stock of Theresa Kulikowski Inc. on December 31, 2020. The purchase price was $1,200,000 for 50,000 shares. Kulikowski Inc declared and paid an 50.85 per share cash dividend on June 30 and on December 31, 2021. Kulikowski reported net income of $730,000 for 2021. The fair value of Kulikowski's stock was $27 per share at December 31, 2021
Required:
a. Prepare the journal entries for Jayce Phelps inc. for 2020 and 2021, assuming that Phelps cannot exercise significant influence over Kulkowski.
b. Prepare the journal entries for Jayce Phelps Inc. for 2020 and 2021, assuming that Phelps can exercise significant influence over Kulikowski.
c. At what amount is the investment in securities reported on the balance sheet under each of these methods at December 31, 2021? What is the total net income reported in 2021 under each of these methods?

Answers

Answer 1

Answer and Explanation:

Phelps Inc

a)

Date Account titles and Explanation Debit ($) Credit ($)

Dec.31,2020

Dr Equity Investments 1,200,000

Cr Cash 1,200,000

June 30,2021

Dr Cash (50,000 shares * $0.85) 42,500

Cr Dividend Revenue 42,500

Dec. 31, 2021

Dr Cash (50,000 shares * $0.85) 42,500

Cr Dividend Revenue 42,500

Dr Fair Value Adjustment (Available-for-Sale) 150,000

Cr Unrealized Holding Gain or Loss - Equity* 150,000

Unrealized Holding Gain or Loss - Equity-

Amount ($)

Cost 1,200,000

Fair Value (50,000 shares * $27) 1,350,000

Unrealized Gain or (Loss) 150,000

b)

Date Particulars Debit ($) Credit ($)

Dec.31,2020

Dr Equity Investments (Kulikowski Stock)

1,200,000

Cr Cash 1,200,000

June 30,2021

Dr Cash (50,000 shares * $0.85) 42,500

Cr Equity Investment (Kulikowoski Stock) 42,500

Dec. 31, 2021

Dr Cash (50,000 shares * $0.85) 42,500

Cr Equity Investments (Kulikowski) 42,500

Dec 31, 2021

Dr Equity Investment (Kulikowski Stock) 146,000

CrRevenue from Investments (730000 * 20%) 146,000

c)

Reporting of investment in securities on the balance sheet:

Fair value method = (1,200,000+150,000)

= 1,350,000

Equity method = (1,200,000-42,500-42,500+146,000) = 1,261,000

Reporting on net income on the income statement:

Fair value method = Dividend Revenue = (42,500+42,500)= 85,000

Equity meethod = Revenue from investments = 146,000


Related Questions

Time Left:2:23:25
Nakya Norman: Attempt 1
Question 3 (2 points)
Payton recently purchased 100 shares of stock in Game Guys, Ine: Paytda is
an) ________ of this company.
A)
owner
e
OB) creditor
OC) manager
D)
partner

Answers

Answer: Of course the owner

Stella, a sales executive at a restaurant, is writing a persuasive message to attract new customers. Which sentence would make a good hook?

A.
There's a 10 percent discount on the buffet items.
B.
Please try the chef's special salad.
C.
Get ready for a magical dining experience!
D.
You'll be talking about our deals for weeks.

Answers

In a case whereby Stella, a sales executive at a restaurant, is writing a persuasive message to attract new customers, the sentence that would make a good hook is A.There's a 10 percent discount on the buffet items.

What is a  hook statement?

A hook  can be descrtibed as the opening statement  and in some cases it is been presented as the first sentence in an essay that attempts to grab the reader's attention  to make them to flow or  to read on.

It should be noted that It can be done by using a few different types of hooks,  and these can be witj the use of question, quote, statistic, or anecdote.

Therefore, option A is correct.

Learn more about hook at:

https://brainly.com/question/27900249

#SPJ1

On November 1, 2018, Sandra Company borrowed $200,000 cash on a 1-year, 6% note payable that requires Sandra Company to pay both principal and interest on October 31, 2019. Given no prior adjusting entries have been recorded, the adjusting journal entry on December 31, 2018, Sandra Company's year-end, would include a:___________.

Answers

Answer:

Credit to Interest Payable of $2,000

Explanation:

Preparation of the adjusting journal entry on December 31, 2018 for Sandra Company's year-end

In a situation where the interest amount has already been accrued but has not yet been paid we going to debit the Interest Expense with amount of $2,000 and credit Interest Payable with the amount of $2,000 which means that

the interest expense amount that has accrued for both the month of November and December 2018 will be calculated as :

Accrued Interest Expense=$200,000 × 0.06 × 2 / 12

Accrued Interest Expense= $2,000

Therefore the the adjusting journal entry on December 31, 2018, Sandra Company's year-end, would include a: CREDIT to Interest Payable of $2,000

In Arizona, a tenant on a lease

Answers

In Arizona, a tenant on a lease has specific rights and responsibilities as governed by the Arizona Residential Landlord and Tenant Act.

When you enter into a lease agreement, you are entering into a legally binding contract with the landlord, and it's important to understand your rights and obligations.

As a tenant on a lease in Arizona, you have the right to a habitable dwelling. This means that the landlord is responsible for maintaining the rental property in a safe and livable condition, including necessary repairs, plumbing, heating, and electrical systems.

You also have the right to privacy. The landlord must provide reasonable notice before entering your rental unit, except in emergency situations. They cannot enter the premises without your permission or harass you.

Your responsibilities as a tenant include paying rent on time and in full according to the terms of the lease agreement. You are expected to keep the rental unit clean and undamaged, and to use it in a reasonable manner. Any damages caused by your negligence may be deducted from your security deposit.

If you encounter any issues or disputes with the landlord, it is recommended to document the problem in writing and notify the landlord promptly. You may also consider seeking legal advice or contacting the Arizona Residential Landlord and Tenant Act's enforcement agency for further assistance.

Remember to carefully review your lease agreement before signing it and seek clarification on any unclear provisions. Understanding your rights and responsibilities as a tenant on a lease in Arizona is essential for a smooth and lawful tenancy.

for more such questions on lease

https://brainly.com/question/27520371

#SPJ8

Which of the following is a disadvantage of using nominal interest rate to compare investment options?
(1 Point)


It doesn't account for inflation

It doesn't account for compounding

It doesn't account for credit risk

It doesn't account for liquidity risk

Answers

The disadvantage of using nominal interest rate to compare investment options is that it doesn't account for inflation.The correct option is A.

The overall rise in prices of goods and services in an economy over time is referred to as inflation. It is a sustained rise in the average level of prices, leading to a decrease in the purchasing power of money.

Inflation occurs when there is an imbalance between the supply of money and the available goods and services in the economy. When the supply of money exceeds the available goods and services, prices tend to rise.

Thus, the ideal selection is option A.

Learn more about inflation here:

https://brainly.com/question/26644463

#SPJ1

Which document MUST accompany an application that initiates the replacement of an existing life
insurance policy?
A signed statement by the applicant regarding the replacement
A signed replacement statement from the insurance company being replaced
A detailed comparison of existing coverage and the proposed coverage
A signed replacement statement from the replacing insurance company

Answers

An application that must be provided regarding replacement of the existing insurance policy is A signed statement by the applicant regarding the replacement. Thus first option is correct.

What is Insurance Policy?

Insurance policy is an agreement between the insurer and the  company which provides insurance services to bear the losses of the insurance at the time of the crises like situation.

At the time of the replacement of the Insurance Policy, The transactions of the replacement is conducted and the replacement of the existing policy must be duly signed by the applicants of the policy.

Learn more about Insurance policy  here:

https://brainly.com/question/27154755

#SPJ1

I NEED HELP PLEASE PLEASE I BEG
The article claims "Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally, drawing criticism from companies such as Tesla Inc (TSLA.O)Links to an external site., which shelved entry plansLinks to an external site. because of the high tariffs." Why is it that the Indian government has allowed so far 60% - 100% tariffs on imported cars? Your answer needs to be found in the article OR in the chapter that you learnt (3). NOT in Internet desktop research! (50-75 words, 5 pts).
Why are Maruti Suzuki, Tata Motors and Mahindra resisting this change? Again, use the article and what you have learnt in class. NO desktop research. (50 words max, 4 pts).
All else equal, would the WTO - a priori - be pleased about this potential development? Meaning a possible reduction of Import Taxes or Tariffs. If yes why? If no why? (50 words max, use your arguments based on the textbook material AND/OR Internet research here!, 3 pts)
Say you're a resident of India, and you were planning to buy a Range Rover made in the UK. All else equal, and given this article, and given you have the money available to buy the car - would you, a priori, buy the car or postpone your purchase? If yes why? If no why? (50 words max, 3 pts)
PLEASE I NEED HLEP

Answers

The Indian government has allowed such high tariffs on imported cars in order to protect domestic car manufacturers such as Maruti Suzuki, Tata Motors and Mahindra, who would otherwise face competition from foreign companies and face a possible decrease in their market share.

What is domestic?

Domestic refers to activities or relationships that occur within a country or nation, such as domestic policy, domestic trade, domestic travel, and domestic affairs. Domestic activities are usually distinguished from international activities, as those that occur between two or more countries. Domestic activities are generally related to the internal affairs of a country and its citizens, including political, social, and economic issues.

Maruti Suzuki, Tata Motors and Mahindra are resisting the potential change because they are concerned that they would be unable to compete against foreign companies, who would be able to offer cheaper cars due to the lower tariff rates.
The WTO would not be pleased with this potential development because it is against their objective of free trade and would create an uneven playing field between domestic and foreign companies.
If I were a resident of India and planning to buy a Range Rover made in the UK, I would postpone my purchase because the high tariff rates would make the car much more expensive than it would normally be. This would mean that I would have to pay significantly more for the same car than if I had bought it from a domestic manufacturer.

To learn more about domestic
https://brainly.com/question/1651140
#SPJ1

How do i get as much mony as bill gates todey?

Answers

Answer:

be very famous

Explanation:

be white
why do i need to have 20 letters

Imagine that every year, more and more water parks are being built in cities in the state of Nevada. No other state in America is experiencing this growth in the number of water parks.
Which of the following questions would a geographer ask to try to understand this growth in water parks?
A.
Why do water parks only allow two people down a water slide at a time?
B.
What is special about Nevada that explains the rising number of water parks?
C.
What color swimsuit is most popular among children in Nevada?
D.
Where do people in Nevada shop for water toys?

Please select the best answer from the choices provided
A
B
C
D

Answers

The answer is B , because all the other answers aren’t important with answering that question .

Desperado Corporation's relevant range of activity is 2,000 units to 7,000 units. When it produces and sells 5,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 6.60 Direct labor $ 3.65 Variable manufacturing overhead $ 1.45 Fixed manufacturing overhead $ 2.80 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.40 Sales commissions $ 0.50 Variable administrative expense $ 0.45 If 4,000 units are sold, the total variable cost is closest to:

Answers

Answer:

Total variable cost= $50,600

Explanation:

Giving the following information:

5,000 units:

Direct materials $ 6.60

Direct labor $ 3.65

Variable manufacturing overhead $ 1.45

Sales commissions $ 0.50

Variable administrative expense $ 0.45

Total unitary variable cost= $12.65

Now, for 4,000 units:

Total variable cost= 12.65*4,000

Total variable cost= $50,600

Jack went to the ABC Casino to gamble. ABC offers its customers one free spin of the Million Dollar Wheel if they fill out an application form. Jack filled out the form, spun the Million Dollar Wheel, and won. However, now ABC refuses to pay, claiming that because Jack did not purchase his chance at the Million Dollar Wheel, Jack gave no consideration and therefore, no contract was formed. Identify the accurate statement.

A. No contract was formed because Jack paid no money for his chance at the Million Dollar Wheel.
B. No contract was formed because ABC did not sign any written contract as an obligation to do so.
C. A contract was formed because filling out an application can constitute legal consideration.
D. A contract was formed because no consideration is needed when a customer takes advantage of a "free" offer.

Answers

Answer:

C. A contract was formed because filling out an application can constitute legal consideration.

Explanation:

I personally Think this because if you think about it ,   he didn't pay , which doesn't matter because its "free" but maybe they just named it the million dollar wheel for a better name , or they were using it for customers , but if he had won and received yet nothing than he is able to file a contract because therefore they lied to him and therefore that's a illegal thing for a company who is allowing to spin a wheel for reward and if he won than he should get what he won , therefore the answer is = C

The​ ________ tells managers how much of the overall variance is due to paying a higher or lower price than expected for the quantity of materials it purchased.

Answers

Direct labor rate variance

As student representatives, your colleagues have suggested the following six presentation purposes for a staff–student conference. Choose one, giving reasons for your choice: a. To show the audience that the quality of the teaching at our competitor establishment is much better

Answers

The most appropriate presentation purpose for a staff-student conference is not a. To show the audience that the quality of the teaching at our competitor establishment is much better.

Why is it?

This purpose focuses on negative competition rather than highlighting the strengths of one's own institution. A more appropriate presentation purpose would be to showcase the unique qualities and strengths of the institution, as well as the achievements of students and faculty.

This would foster a sense of pride and unity among the staff and students and help build a positive reputation for the institution.

To know more about student presentation related question visit:

https://brainly.com/question/30021997

#SPJ1

Another name for population groups is _____.

Answers

Answer:

They are Called target groups

Explanation:

He has the wrong answer

Is it better to own or rent and why?


(Thank you)

Answers

Answer:

Renting offers flexibility, predictable monthly expenses, and someone to handle repairs. Homeownership brings intangible benefits, such as a sense of stability and pride of ownership, along with the tangible ones of tax deductions and equity.

Explanation:

In general, the short-term costs of renting are lower than the costs of buying a home.

Answer is to rent, renting gives you sense of responsibility while owning a home can lead to extra payments

At which stage of project management do you need to discuss and clarify doubts about the project with the client?
А. risk mitigation
B. project Initiation
C. project planning
D. project execution

Answers

Answer:

C. Project Initiation

Explanation:

You typically should sort out all questions and concerns about a project to a client before the actual work on the project begins. Project Initiation is sort of pre-planning: it is pitching an idea to a client.

Risk mitigation is esentially risk management, or fixing problems after they arise.

Project planning is the beginning of the project where you map out the path you'd take to execute the idea.

Project execution is the actual work that is done to complete the project.

Answer:

B. project initiation

(got it right on edmentum)

be sure to check the picture below fro more secure to getting this question right

Explanation:

At which stage of project management do you need to discuss and clarify doubts about the project with

The main reason that multynational businesses are currently investing in countries such as India and maxico is to

Answers

Answer:

Earn high profit and to get cheap labour

India for example the government has made many attractive reduction in taxes and expense a foreign company would have to pay for which is attractive to multinational countries. And moreover due to the unavailability of job, cheap labour is avainlable and investors gain high profits

PLease mark brainliest if it helped you and made you satisfied

Lisa, a supervisor at a manufacturing facility, suspects that one of her subordinates may be under the influence of drugs or alcohol. Which one of the following, if true, would lead Lisa to this conclusion?

Answers

If Lisa suspects that one of her subordinates is under the influence of drugs or alcohol, she should approach the situation with sensitivity and professionalism.

If Lisa suspects that one of her subordinates may be under the influence of drugs or alcohol, there could be several signs or symptoms that may lead her to this conclusion. One possible indicator is a change in behavior or attitude. For example, if the subordinate has become increasingly moody, agitated, or withdrawn, this could be a sign that they are struggling with substance abuse. Another possible sign could be a decline in job performance, such as missing deadlines, making mistakes, or being frequently absent from work. The subordinate may also exhibit physical symptoms, such as bloodshot eyes, slurred speech, or unsteadiness on their feet. Furthermore, Lisa may observe that the subordinate is experiencing financial problems, as drug and alcohol addiction can be costly and may lead individuals to miss work or spend their money on substances rather than other necessities. Lisa may also notice that the subordinate has become more secretive or defensive, particularly when questioned about their behavior or whereabouts. It is important to gather as much information as possible before making any accusations or taking any disciplinary action. She may also consider seeking guidance from the company's human resources department or employee assistance program to ensure that the subordinate receives the help they need to overcome their addiction.

for more questions on professionalism

https://brainly.com/question/29491319

#SPJ11

Market research can help you strategize your _______ and _______ goals.

Primary research is more _______ than secondary research.

Your first marketing priority is to find out if you can _______ your product or services.

The grouping of people for marketing purposes is called _______.

Once you find out what people want, there’s a need to know the _______ for their choices.

Answers

Market research can help you strategize your business and marketing goals.

Primary research is more specific and tailored to your specific needs than secondary research.

Your first marketing priority is to find out if you can sell your product or services.

The grouping of people for marketing purposes is called segmentation.

Once you find out what people want, there's a need to know the motivations for their choices.

Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.

By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.

Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.

While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.

When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.

Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.

Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.

By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.

Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.

By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.

For more question on research visit:

https://brainly.com/question/20365163

#SPJ8

who manages South African airways?

Answers

Answer: Professor John Lamola

Stylon Co., a women's clothing store, purchased $26,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30, using the net method under a perpetual inventory system. Stylon returned merchandise with an invoice amount of $4,200, receiving a credit memo.

Answers

The date, the amount to be credited as well as debited, a short description of the transaction, and the accounts impacted are all included in each journal entry along with other information pertinent to a single business transaction.

What is in a journal entry?

Any exchange, whether or not it is an economic one, can be recorded as a diary entry. An accounting journal that displays the debit and credit balances of a business lists transactions. Multiple recordings, each of which is whether its a debit or a credit, may be included in the diary entry.

Business transactions are initially entered into a journal in manual accounting or bookkeeping methods. the name "notebook entry" was born. Depending on the business, it may identify affected divisions, tax details as well as other information.

Journal entries are attached below:

c). Accounts payable = $25,480 - $4,312

                                   = $21,168

To know more about journal entry, visit:

https://brainly.com/question/20421012

#SPJ1

Rest of the question is,

a. Journalize Stylon’s entry to record the purchase. If an amount box does not require an entry, leave it blank.

b. Journalize Stylon’s entry to record the merchandise return. If an amount box does not require an entry, leave it blank.

c. Journalize Stylon’s entry to record the payment within the discount period of 10 days. If an amount box does not require an entry, leave it blank.

d. Journalize Stylon’s entry to record the payment beyond the discount period of 10 days. If an amount box does not require an entry, leave it blank.

Stylon Co., a women's clothing store, purchased $26,000 of merchandise from a supplier on account, terms

What are the values of entrepreneurship

Answers

Answer: what r value of entrepreneurship

Explanation:      Bravery. In recognizing and pursuing and opportunity, an entrepreneur requires bravery. ...

Vision. Vision guides the entrepreneur through the business planning process, clarifying the opportunity and setting goals for the organization. ...

Respect for self and others. ...

Trust. ...

Honesty. ...

Generosity. ...

Fortitude.      if thats what u mean by this question

identify items that can be included under cash,articulate the risks and controls typically associated with these accounts and summarize an audit approach for testing these accounts​

Answers

Answer:

Items of Cash : Cash and Till float

Risks : Fraud and Theft

Controls : Segregation of duties over the receipt and recording of money and Every cashier should only be responsible for his own funds.

Test of Controls : Do a surprise cash count and Enquire about and observe the controls over cash by management

Explanation:

Bank and cash transactions occur on a daily basis in all businesses. Although the cash and bank balances may not individually be significant, annually the volume of cash and payment transactions and bank deposits can be significant to the entity.

Items of Cash

Cash balances comprise the following:

Cash Petty cash Till float Unbanked receipts

Risks

Cash is highly susceptible to fraud and theft by employees, often in collusion with third parties.

To mitigate this risk related to cash balances, management will usually implement strict control policies and procedures for cash handling and recording.

Controls in the bank and cash cycle can be divided into 2 categories:

Basic controls Controls over cash

Basic Controls

Segregation of duties over the receipt and recording of money. Different forms of cash (sales, petty cash, cash loans) should be kept separately and recorded separately.Proper stationery control. Receipts, cash sales slips/invoices must be numerically recordedSafeguarding of money. Cash must be locked in a Volt and deposited as soon as possible. You would also need control over the key to the Volt.

Control over Cash

Cashier must balance cash on a daily basis and must compare it with the source documents (receipt, cash invoices, cash register totals) and record it on a cash receipt summary. The Cash Receipt Summary must be Signed by the Cashier, Independently reviewed by the Senior Official.Every cashier should only be responsible for his own funds. Usually during lunch. Cash registers must be locked away.Every cashier should be responsible for his own float. They should lock in Cash Drawer.Supervision over cashiers. Through the use of Cameras.Cash must be banked as soon as possible.

Audit approach for testing these accounts

Enquire about and observe the controls over cash by management.Do a surprise cash count (also attend on a surprise basis the daily balancing of cash). In the presence of a Cashier who signs back of the receipt, agree the cash with the supporting documentation (receipts, cash invoices, cash register total) and follow the float through to the balance in the ledger.At a later stage follow the cash counted through to deposit slip, and agree it with the cash counted, ensure they are banked timeously and follow the total of the deposit slip through to the cash book and bank statement.

how will you react to the following destroying or removing information that could hurt your company if it fell into the wrong hands.

Answers

I will say it is crucial to prioritize ethical behavior and transparency. Instead of destroying or removing information, we should focus on implementing robust security measures to safeguard sensitive data.

How can we protect sensitive information from unauthorized access?

Protecting sensitive information from unauthorized access is essential for companies to maintain trust with their stakeholders. Instead of resorting to destroying or removing information, it is more beneficial to invest in robust security measures.

By implementing strong encryption, access controls, and regular security audits, we will significantly reduce the risk of sensitive data falling into the wrong hands. Also, fostering a culture of responsible data handling and training employees on best security practices can further enhance the overall protection of company information.

Read more about Confidentiality

brainly.com/question/29417102

#SPJ1

a tenant with this insurance policy suffers a substantial loss due to a lightning strike and an apartment fire that erupts as a result of that storm. the tenant should take each of the following steps as soon as possible except
a. call the insurance company and report the loss and damages
b. sign up for additional renters insurance, as this coverage has now been "used up" will be expired
c. divide property into "damaged" and "undamaged" categories and submit a thorough list of everything "damaged"
d. provide receipts, when available, for damaged items, costs associated with living elsewhere, and costs of doing any self-repair on the rental property.

Answers

In this case, the tenant should not take the next step, enrolling in additional renters insurance, as this coverage has already been "used" and will expire.

What is an insurance policy?

Corresponds to a document containing relevant information about the relationship between the insurer and the insured, that is, when an individual acquires an asset, he can contract formal insurance via a contract that specifies the insurer's obligations towards the asset, such as:

Period of validityRoofFeesAssistance

Therefore, observing the question and the statements, the option that should not be followed by the tenant is to subscribe to the insurance for additional renters, but rather to observe through your contract which coverage the insurer will or will not cover for your damages.

Find out more about insurance company on:

https://brainly.com/question/26543359

#SPJ1

IF IT'S RITE I WILL REWARD BRAINLIEST. Someone who works in quality assurance would spend their days meeting with customers and convincing them to buy the company’s products.

A.
True

B.
False

Answers

Answer: True

Explanation:

Quality assurance is assuring the customer that the product will work and that they will even offer a warranty if it some how breaks for free.

Answer:

True

Explanation:

. Explain the role of money in specialisation and division of labour

Answers

Answer:Money plays a crucial role in the process of specialization and division of labor. As an economy grows, the division of labor becomes more complex, and people begin to specialize in specific skills and trades. Specialization and division of labor increase productivity and efficiency, which leads to economic growth. Money facilitates the exchange of goods and services between people who have specialized in different areas.When people specialize in specific skills or trades, they produce goods or services that are unique and valuable. Money allows them to exchange these goods and services with other people who have specialized in different areas. This exchange of goods and services is made possible by the use of money, which serves as a medium of exchange. Without money, people would have to rely on bartering, which would be difficult and inefficient.Moreover, money encourages further specialization and division of labor. When people are able to earn money by specializing in a particular skill or trade, they are more likely to continue doing so. This creates a positive feedback loop, leading to increased specialization, higher productivity, and economic growth.In summary, money plays a critical role in the process of specialization and division of labor by facilitating the exchange of goods and services between people who have specialized in different areas. Money encourages further specialization and division of labor, leading to higher productivity, efficiency, and economic growth.

Explanation:

What is the impact of war in international trade

Answers

The impact of war in international trade includes:

restriction of goods to the countriesconflict leading to non-agreement on tradelow or no trade relationship between countries.

What is an international trade?

This refers to the economic transactions that are made or took place between countries.

Hence, any military conflict impact on international trade by causing a restriction of goods to the countries, conflict leading to non-agreement on trade, low or no trade relationship between countries etc.

Read more about international trade

brainly.com/question/15115779

#SPJ1

What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not

Answers

While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.

It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.

Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.

To know more about virtual interaction,

brainly.com/question/31455408

brainly.com/question/32326690

SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.​

Answers

Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.

A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.

What are business challenges?

Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.

They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.

Learn more about business challenges here:

https://brainly.com/question/30820313

#SPJ1

Other Questions
Failure to perform required maintenance will result in cooling system failure, which can lead tobreakdowns and major engine damage.Select one:TrueO False can anyone explain to me what ratios and rates are with examples? I really need help i have a retake. Why did Ancient Rome collaps Guided PracticeIn the following complex sentence, identify the main clause.Because soil quality is poor in southern Africa, farms only thrive in places that receive more than 20 inches of rain annually.A. Because soil quality is poor in southern AfricaB. farms only thrive in places that receive more than 20 inches of rain annually bond x is a premium bond making semiannual payments. the bond pays a coupon rate of 8 percent, has a ytm of 6 percent, and has 18 years to maturity. bond y is a discount bond making semiannual payments. this bond pays a coupon rate of 6 percent, has a ytm of 8 percent, and also has 18 years to maturity. the bonds have a $1,000 par value. what is the price of each bond today? if interest rates remain unchanged, what do you expect the price of these bonds to be one year from now? in eight years? in 13 years? in 17 years? in 18 years? Your department head has requested you to prepare a report to cover the use of accounting planning and analytical tools by managers for management reporting and how managers can respond to financial problems. In the report, you should evaluate the way planning and analytical tools for accounting can help to solve problems and support the organization in achieving sustainable financial success. You may refer to any organization of your choice which you wish to give examples. Please ensure you include the following in your report:1. Explain and analyze the pros and cons of using budget planning and how it is applied in preparing and projecting budgets, financial control, and performance measurement for this company.2. Explain the use of other planning tools in management accounting that this firm uses.3. Recommend how managers can improve the response to financial issues as well as financial performance using accounting planning and analytical tools. Fill in the missing numbers in the following incomestatement:Sales$644,900Costs346,400Depreciation97,100EBITTaxes (40%)Net incomeWhat is the OCF?Wha The only point of inflection on the curve represented by the equation y x3 x2-3 is at:(A) x= -2/3 (B) x 1/3 (D) x= 1/3 52. Given the network plan that follows, compute the early, late, and slack times. What is the project duration What part of the United States had an economy around agriculture in the 1700s? Blonde or Black Answer pleasee No spam or leaksYour back muscles are stronger than your leg muscles. O A True D B. False Suki used a coordinate grid to show where the trees were in her backyard.Oak-Maple7654321Oak01 2 3 4 5 6 7 8 9 10 11She wants to put a birdbath exactly halfway between the two oak trees. What are the coordinates of the place where the birdbath should be located?O A. (4.5,5)B. (4,5)OC. (5, 4.5)D..(5,4) Momisey Brown, Lid., of Sydney is a merchandising company that is the sole distributor of a product that is increasing in popularity among Australian consumers. Required:(b) Using the high-low method, separate each mixed expense into variable and fixed elements, State the cost formula for each mixed expense. How to record the write-down of inventory to net realizable value? Question 2Molly, Paige and Demi share 42 sweets in the ratio 3:2: 1 Work out the number of sweets that each of themreceives Of the following bodies that orbit the sun, which body has the fastest orbital speed? Femke went to a computer lab and connected her laptop to the WiFi network. She later received an email from the lab administrator warning that the WiFi network was in fact a rogue access point.Which of the following could have occurred while she was connected to the rogue access point? Each costume needs 46 centimeters of red ribbon and 3 times as much yellow ribbon. What is the total length of ribbon needed for 64 costumes? Express your answer in meters. admission to a carnival is $4 for children and $6 for adults. what is the ratio of the number of children to the number of adults in this group