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Lyrx [107]
2 years ago
12

Economists use the word equality to describe a situation in which a. each member of society has the same income. b. each member

of society has access to abundant quantities of goods and services, i. regardless of his or her income. c. society is getting the maximum benefits from its scarce resources. d. society's resources are used efficiently.
Business
1 answer:
Harman [31]2 years ago
7 0

Answer:

Answer is option A, i.e. each member of the society has the same income

Explanation:

Regarding economics or, we can say in the language of economists, equality can be defined as a situation when each member of the society, regardless of their gender, profession, and hard work; has an equal amount of wealth. It means that when each one in the society has access to all the available resources, and each one of them can afford those goods and services, then they are said to be economically equal.

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FB Corp. prepares its financial statements in accordance with IFRS. FB acquired 100% of the outstanding common stock of Skarlet,
jeka57 [31]

Answer:

See the attached file below.

Explanation:

There's not much difference between IFRS and U.S. GAAP when it comes to business acquisition.

In accordance with IFRS, FB Corp. would do the following procedure:

(1) record the acquired assets and liabilities at fair value

(2) expense any acquisition related costs such as legal fees

(3) ignore post acquisition costs when determining the values at acquisition

(4) calculate goodwill as the difference between the net assets and the acquisition price less legal fees.

7 0
2 years ago
Read 2 more answers
What document provided by the seller describes the condition of the property?
prisoha [69]

The document that is being used by a seller in which the contents and description of the property is placed for the buyer to see is in the transfer disclosure statement. The transfer disclosure statement will provide the description of the property and if there are any damages in the property of additional fixtures or cost made. It could provide contents such as things having to be furnished or not.

8 0
2 years ago
The partnership agreement of J. Hansen and D. Hernandez reflects differences in service and capital contributions as follows: (1
jasenka [17]

Answer:

$60,000

Explanation:

Hansen's annual salary allowance= 30,000

Hernandez's  annual salary allowance= 10,000

annual interest allowance of Hensen= 0.1 × 50,000= 5000

annual interest allowance of Hernandez= 0.1 × 50,000= 5000

Remaining balance=100000- 5000-5000-30000-10000= 50000

Share of each partner from remaining balance= 25000

Hensen's income= 25,000+ 5000+ 30000= 60,000

6 0
2 years ago
Read 2 more answers
Business processes that cross many different functional areas and require coordination across departments are supported by​ ____
Shtirlitz [24]

Answer:

flows of​ material, information, and knowledge    

Explanation:

In simple words, functional areas refers to the different divisions in an organisation made by the top management so that different task can be performed separately by different expert employees. For example all the employees in sales division will be grouped together so that all activities related to sales can be performed efficiently.

However such a framework can often lead to problems in operations due to different objective of every division, therefore, the top management have to make sure that all the activities could be coordinated for the ultimate benefit of the organisations.

Hence organisations use tools such as inventory control techniques, information and knowledge expertise to coordinate and monitor the activities of different departments.

3 0
2 years ago
At XYZ Corp., the master schedule reflects the fact that 50 percent of its output is product version A, 30 percent is version B,
Makovka662 [10]

Answer:

The weekly production for version A be 100 units

Explanation:

According to the given data we have the following:

The Total aggregate forecast for the year=10,400 units

Number of weeks per year=52 weeks

The weekly production=Total aggregate forecast for the year/ numer of weeks

The weekly production=104,00/52=200 units

Therefore, the weekly production for version A=50%of 200 units

The weekly production for version A=100 units

The weekly production for version A be 100 units

6 0
2 years ago
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