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saw5 [17]
2 years ago
13

Trade between individuals and between nations leads to: Trade between individuals and between nations leads to: higher product p

rices. increased specialization. lower living standards. greater self-sufficiency.
Business
1 answer:
kondor19780726 [428]2 years ago
3 0

Answer:

The correct answer is B.

Explanation:

Trade between individuals and between nations leads to: Increased Specialization

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On July 1, Crowe Co. pays $15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending
Neko [114]

Answer:

a.

July 1, Year 1

Prepaid Insurance                  $15000 Dr

     Cash                                       $15000 Cr

Dec 31, Year 1

Insurance expense                    $2500 Dr

    Prepaid Insurance                     $2500 Cr

b.

July 1, Year 1

Cash                                                  $15000 Dr

    Unearned Service revenue             $15000 Cr

Dec 31, Year 1

Unearned service revenue        $2500 Dr

    Service revenue                           $2500 Cr

Explanation:

a.

The company will record the cash going out of the business for prepaid insurance as credit and the asset account prepaid insurance as debit to record the prepayment of insurance for 3 years at the amount of $15000.

The insurance paid out is for 3 years. So, the per year insurance expense is,

Insurance expense per year = $15000 / 3 = $5000

The adjusting entry made on 31 december will record the insurance months consumed (6 months) as an expense and debit the insurance expense and credit the prepaid insurance asset account.

The insurance expense for 6 months = 5000 * 6/12 = $2500

b.

For the receiving company, the cash is being received and as the service will be provided later on, the cash received will be debited and the unearned service revenue will be credited.

As six months worth of cover has passed, on 31 December, the company will record service revenue for 6 months that is $2500 and debit the liability recorded under unearned service revenue.

4 0
4 years ago
What determines the value of an item?
balandron [24]

Answer:

the resources consumed in production

Explanation: answer for ed2020

5 0
4 years ago
Read 2 more answers
You just ended a meeting with Ming (one of your six employees), who gave you some disturbing information. She feels she is being
Ksju [112]

Answer:Do you think Ming is correct in saying Mindy is bullying her?

Yes , she is right, Mindy is definitely bullying her.

What are the indications of bullying?

Bullying doesn't only occur physically but also psychologically and and emotionally,especially in a place of work it can de identified by mistreatment of the other person,verbal abuse , threatening and humiliating the other person.

The bullied person is outcastes , alienated , excluded and ignored like what Mindy is doing, ignoring Ming while he greet everyone else , excluding her by not inviting her in a farewell lunch , eventhough all other colleagues are invited by Mindy.

Spreading false rumours is also part of bullying .

He also critized her publicly by publicly sharing an email about a loss of a client caused by Ming .

These are all signs of abuse.

What advice would you give to Ming?

She will need to keep record or document everything so that when she decides to take the matter further , she may be able to submit proof of what has been happening to her,this will give evidence.

How would you handle this situation with Mindy, without embarrassing Ming?

I think talking to Mindy in an objective way without including Ming's name will be helpful since Mindy has publicly shared his bullying activities. I can actual point out things that are not allowed at work and how certain things can be harmful and degrading to other employees. Make him see how certain behavior affects other employees and how this can be a serious issue that can affect the company and affects even Mindy himself .

5 0
3 years ago
In the context of expanding one's professional network, ________ is an effective technique for learning about ideal jobs or care
shtirl [24]

Peer mentoring is an effective technique for learning about ideal jobs or careers that involves reaching out to and asking people about their own careers and jobs.

<h3>What is Peer mentoring?</h3>

Peer mentoring refers to a one-on-one relationship or experienced within a group. It is a relationship between people who are at the same career stage or age.

The peer mentoring is specifically more effective in expanding the professional network. Peer mentoring involves learning by reaching out to more experienced individuals in an organization.

Hence, Peer mentoring is an effective technique for learning about ideal jobs or careers that involves reaching out to and asking people about their own careers and jobs.

Learn more about Peer mentoring here: brainly.com/question/14680255

8 0
2 years ago
You live in the U.S. and want to invest in a Japanese company because you believe its stock is uniquely positioned to be unusual
ycow [4]

Answer: d. trades as an ADR

Explanation:

American Depository Receipts (ADR) allow for Americans to trade on foreign stock as if they were trading in American stocks. It works by a bank buying a lot of shares in the Japanese company for instance.

They will then reissue these stock as ADRs in the American stock exchanges and also value the ADR based on their valuation models to find out the ratio of ADR to share quantity. If the Japanese company is trading as an ADR. you will be able to invest in them from the United States.

6 0
3 years ago
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