Hello there.
<span>The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is a/an
Answer: </span><span>A. $800 debit.
</span>
Answer: $352,000
Explanation:
The information needed to calculate the cash and cash equivalent are:
Balance in checking account, Bank of the East = $ 382,000
The restricted cash included in the checking account = $49,000
Treasury bills = $19,000
We subtract the restricted cash from the balance in the checking account and then add it to the treasury bills. This will be:
= ($382,000 - $49,000) + $19,000
= $333,000 + $19,000
= $352,000
That’s a busy day lol. The person slept from 2-9am slept for 7hours. The 3:30-4 slept for 30minutes.
Answer:
The answer is e. growing
Explanation:
The reason international business will continue to grow is because no nation can meet all its needs by itself. There will always be importation and exportation. This is where Comparative Advantage comes in.
What is comparative advantage?
- Simply put, this is the ability of a company or an economy to produce and sell goods and services at a lower price than its competitors, and still realize a larger sales margin. This theory was introduced by the English political economist David Ricardo in 1817.
Another reason why international trade will continue to grow is because of Absolute Advantage.
- Absolute advantage refers to the ability of an economy or a company to produce more or better goods and services than its others.
Let us assume that country A cannot produce its own oil, but country B can. In this scenario, country B has Absolute advantage over country A, therefore country A will naturally import oil from country B regardless of whether there are trade restrictions between them. This is because country A must fulfill its oil needs whether it likes it or not.
Answer:
If the company is going to use the machine for 20 days, it is cheaper to lease it.
Explanation:
Giving the following information:
The cost to purchase is $10,000 plus $100 per day to operate or $500 per day to lease
<u>First, we need to structure the total cost formula for each option:</u>
Purchase= 10,000 + 100x
x= number of days
Lease= 500x
x= number of days
<u>Now, we can determine the total cost for 20 days:</u>
Purchase= 10,000 + 100*20= $12,000
Lease= 500*20= $10,000
If the company is going to use the machine for 20 days, it is cheaper to lease it.
