Answer:
a. individualism.
Explanation:
Individualism is where policies are made that limits the power of the government and allows for more power of the private individual. It is a set of principles that favours the moral worth of the individual, self reliance and independence is promoted.
Individualism believes that of the individual is prosperous eventually the economy will become better off.
People do not depend on the government for support such as welfare
Answer:
Option A; ECONOMIC FORCE
Explanation:
Economic forces are factors that influence the success and direction of the economy and the firms that operate in the economy. It often determines the competitiveness of the environment in which the firm operates.
Factors such as level of employment, rate of inflation, rate of interest, demographic changes, and fiscal and monetary policies, determines an enterprise’s volume of demand for its product and affect its marketing strategies and activities.
Investors and businessmen pay attention to economic forces (they take economic forces into consideration) when valuing an investment.
Since Sadie is worried about whether or not she will qualify a loan with the interest rates going up, therefore, Sadie is worried about an ECONOMIC FORCE.
Answer: All of the other answer choices are true.
Explanation:
FIFO simply refers to “First-In, First-Out” and the method assumes that the oldest goods that are in the inventory of a company have been sold first and therefore, the costs that are paid for them will be used for the calculation.
The following are true regarding the FIFO method:
• FIFO under a perpetual inventory system results in the same cost of goods sold as FIFO under a periodic inventory system.
• A company can choose to account for the flow of inventory using the FIFO method even if this doesn’t match the actual flow of its inventory.
• Perishable goods often follow an actual physical flow that is consistent with the FIFO method assumptions.
Therefore, the correct option is D as all are true.
Answer:
5.59%
Explanation:
$1,000 bonds carrying a 4% coupon rate, semiannual coupon $20, matures in 20 years
if you purchase the bonds at $715, the nominal annual rate of return = coupon payments / bond price = ($20 + $20) / $715 = $40 / $715 = 5.59%
The nominal annual rate of return is calculated by dividing the revenue generated by an investment by the cost of the investment.
Answer:
Cash Account (debit) 1,000
Cash in Bank Account (Credit) 1,000
Explanation:
Given
Required
Write a journal entry
In this case:
The company deposits $1000.
This means that, $1000 will be debited from the company's cash account.
So, the entry for that will be:
Cash Account (debit) 1,000
In the same vein, $1000 will be credited into the company's bank account.
So, the entry for that will be:
Cash in Bank Account (Credit) 1,000
