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2 years ago

I WILL GIVE BRAINLIEST!!!How does scarcity affect a society like Venezuela?

Business

1 answer:

9966 [12]2 years ago

3 0

Answer:

scarcity affect a society like vanezuela by following ways:

they may suffer from different types of diseases due to insufficient of nutritious food.

It may also lead to people's death

As the people will be weak because of scarcity there will be less development

People will have conflicts for survival and food

Explanation:

.........

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Dogwood company earned revenues of $19,000 and incurred expenses of $7,000. the owner made withdrawals of $3,500. what is the ba

s2008m [1.1K]

Calculation of balance in the income summary account prior to closing net income or loss to the owner’s capital account:

It is given that Dogwood Company earned revenues of $19,000 and incurred expenses of $7,000. The owner made withdrawals of $3,500.

Hence the balance in the income summary account prior to closing net income or loss to the owner’s capital account shall be as follows:

= Revenues – Expenses

= 19000-7000

= $12,000

Hence the balance in the income summary account prior to closing net income or loss to the owner’s capital account shall be $12,000

6 0

3 years ago

Oriole Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 56,000 with terms 2/10 n/30.

Leokris [45]

Answer:

July 1, 2020

Dr. Account Receivable $56,000

Cr. Sales $56,000

July 9, 2020

Dr. Cash $54,880

Dr. Sales Discount $1,120

Cr. Account Receivable $56,000

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

As Payment of $56,000 is received within the discount period. So, the discount will be

Discount = $56,000 x 2% = $1,120

Amount Paid = $56,000 - $1,120 = $54,880

8 0

3 years ago

The Government must use the solicitation to disclose the precise rating and scoring system to be used by the Source Selection Ev

Marrrta [24]

Answer:

The Government must use the solicitation to disclose the precise rating and scoring system to be used by the Source Selection Evaluation Board (SSEB) to evaluate the Non-Price Factors during the proposal evaluations.

This statement is a False statement.

Explanation:

SSEB tests the technical acceptability of proposals in a fair, accurate and effective manner with established evaluators and makes a valid and reliable evaluation as needed by request. Report information needed to support decisions on competitive range, the sharing of information, the selection of an award submission or the cancelation of an application.

8 0

3 years ago

During March, the production department of a process operations system completed and transferred to finished goods 27,000 units

klasskru [66]

Answer:

Cost per equivalent unit of material =$1.51

Explanation:

Equivalent units are notional whole units which represent incomplete work and are used to apportion production costs between work in progress and finished work.

Equivalent units = Degree of completion × units

Items Equivalent units

Opening inventory 27,000×100% = 27,000

Fully worked 180,000× 100% = 180,000

Closing inventory 24,000× 100% = 24,000

Total equivalent units 231,000

Cost per equivalent unit of material = 93,800+254,000/231,000 units

6 0

3 years ago

The Hall Corporation had 100,000 shares of common stock outstanding at the beginning of the year. Hall issued 30,000 shares of c

Vladimir [108]

Answer:

weighted average of outstanding shares. 124,000

for diluted EPS: 145,000

Explanation:

beginning 100,000

+ 30,000 x 7/12 (May issued shares)

+ 13,000 x 6/12 (130,000 x 10% stock dividends)

100,000 + 17,500 + 6,500 = 124,000 shares for the weighted average of outstanding shares.

for the diluted earning per share:

each bond can convert to 21 shares, potentially increasing the amount of shares outstanding to:

1,000 x 21 = 21,000 new shares

so for diluted EPS we will use:

124,000 + 21,000 = 145,000

5 0

3 years ago