Capital markets deal exclusively in stock. Money markets deal exclusively in debt instruments
Indicate whether the statement is true or false.
Answer: FALSE
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ABC Corporation is developing environmental policies regarding manufacturing in a developing nation. In developing these protocols, within the environmental protection standards of the global standards of conduct, ABC Corporation should:
A) Grant industrial property rights to local interests. B) Apply international standards of sustainability. C) Follow national laws within the host country with due regard to international standards of sustainability. D) Follow national laws in the host country. E) Not be involved in child labour.
Why have economists abandoned the use of money-growth rules in the United States? Explain.
What will be an ideal response?
Trevor and Brian enter into a partnership and decide to share profits and losses as follows:
1. The first allocation is a salary allowance with Trevor receiving $10,000 and Brian receiving $20,000. 2. The second allocation is 20% of the partners' capital balances at year end. On December 31, 2019, the capital balances for Trevor and Brian are $50,000 and $40,000, respectively. 3. Any remaining profit or loss is allocated equally. For the year ending December 31, 2019, the partnership reported net income of $50,000. Required: 1. Calculate the share of profit allocated to each partner. 2. Prepare the journal entry to record the allocation of profit on December 31, 2019.
List the procedures for statistically adjusting data and briefly discuss the uses for each
What will be an ideal response?