Category: Question and Answers

Question Compare and contrast direct finance and indirect finance. Which is more likely to have a larger… Expert Answer Question: Compare and contrast direct finance and indirect finance. Which is more likely to have a larger share of the total financial market in a mature economy? In a young economy? Why? Finance: Finance is a...

Question Explain how economists are both scientists and policymakers. Expert Answer Question: Explain how economists are both scientists and policymakers. Economics Economics is one of the most dynamic subject that has evolved over time. Earlier what people considered economic development was accumulation of wealth, gold and other precious metals. Later, the focus shifted from accumulation...

Question Jackson Company recorded the following cash transactions for the year: Paid $135,000 for… Expert Answer Question: Jackson Company recorded the following cash transactions for the year: Paid $135,000 for salaries. Paid $60,000 to purchase office equipment. Paid $15,000 for utilities. Paid $6,000 in dividends. Collected $225,000 from customers. What was Jackson’s net cash provided...

Question Identify and explain two of the specific ethical principles of corporate governance. Expert Answer Question: Identify and explain two of the specific ethical principles of corporate governance. Corporate Governance Corporate governances can be defined as the process of establishing the rules and policies by the company’s board of directors in order to direct or...

Question Explain in words why new common stock has a higher cost than retained earnings for Mannheim. Expert Answer Question: Manhheim Biotechnology Limited is expanding the business by considering investing in some profitable projects. Stevenson, a project manager of Mannheim, was asked to estimate the cost of capital and evaluate the following projects: Table 1....

Question Explain the differences between microeconomics and macroeconomics. Expert Answer Question: Explain the differences between microeconomics and macroeconomics. Economics: Economics refers to the manufacturing, distribution, and utilizes of commodities or items. It is also concerned with how organizations, a country, and a government make decisions concerning allocating the available resources. Trade and labor are the...

Question During the year, Next Tec Corp. had the following cash flows: receipt from customers, $15,000;… Expert Answer Question: During the year, Next Tec Corp. had the following cash flows: receipt from customers, $15,000; receipt from the bank for long-term borrowing, $7,300; payment to suppliers, $5,100; payment of dividends, $1,200, payment to workers, $2,300; and...

Question The _____ is responsible for setting International Standards of Auditing. A. FASB B. IAASB C…. Expert Answer Question: The _ is responsible for setting International Standards of Auditing. A. FASB B. IAASB C. IASB D. IFRS E. AICPA Auditing: Auditing refers to a process of scrutinizing and inspecting the books of the accounts of...

Question Bush Company reported net income of $60,000 for the year. During the year, accounts receivable… Expert Answer Question: Bush Company reported net income of $60,000 for the year. During the year, accounts receivable decreased by $8,000, accounts payable increased by $4,000 and depreciation expense of $5,000 was recorded. Net cash provided by operating activities...

Question The correct definition of economics is: a. the study of money. b. the study of exchange under… Expert Answer Question: The correct definition of economics is: a. the study of money. b. the study of exchange under conditions of uncertainty. c. the study of the allocation of scarce resources. d. widely debated among economists...