Answer:
The externality that affected me was the U.S. recession of 2018.
Explanation:
The externality is the term that refers to a variation in a outside factor that end up affecting persons involve in a business that is not related directly to the outside factor that changed.
1. The 2008 recession made harder for me to get a job in the restaurant sector even though the prices of the restaurants and hotels continued to be the same, many person have to cut their expenditure in tourism as the recession significantly impacted the financial institutions and many persons were laid off from their jobs which decreased consumption.
2. The effects of the recession were: increase in the unemployment, decrease in the consumption, increase in foreclosures.
3. I experienced decrease in my quality of life as it was harder for me to keep a job for a long time. Most of jobs were part time therefore it was a time where I have to live on my savings.
4. Pollution is best reduced if companies take conscience of the fact that they have a greater impact on the environment than individuals. This will lead to better business practices in the manage of residuals and raw materials.
5. A positive externality can create a bubble in the prices and overestimate the actual value of an asset e.g. cryptocurrencies bubble was a positive effect for some investor that really knew the value of this securities but in the long run it created a bubble and people that did not know about cryptocurrencies invested and lost most of their money.
what should be the current balance in Allowance for Doubtful Accounts. The balance sheet's total receivables are netted against an allowance for doubtful accounts to show only the amounts anticipated to be paid.
The balance sheet's total receivables are netted against an allowance for doubtful accounts to show only the amounts anticipated to be paid. Estimated by the provision for doubtful accounts is the proportion of receivables that are anticipated to be uncollectible. However, the allowance estimate may be significantly off from how customers really pay.
Regardless of corporate policies and practices for credit collections, a transaction involving credit always has the risk of not being paid. A allowance corporation must therefore recognize this risk by creating a provision for doubtful accounts and offsetting bad debt expenditure. This complies with the matching principle of accounting by guaranteeing that costs associated with the sale are recorded during the same accounting period during which revenue is collected. Companies can estimate the true worth of their account receivables with greater accuracy thanks to the provision for dubious accounts.
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Answer:
Explanation:
The national debt includes ;Treasury bonds bought by a little old lady in Peoria
The public debt includes ;Treasury bonds bought by the Social Security Administration, First National Bank of Dallas the government of China First National Bank of Dallas a citizen of Germany the government of China a citizen of Germany a little old lady in Peoria the Social Security
Administration Internally held debt includes; bonds owned by the Social Security, Administration First National Bank of Dallas the government of China a citizen of Germany a little old lady in Peoria.
Externally held debt includes bonds owned by the Social Security Administration First National Bank of Dallas the government of China a citizen of Germany a little old lady in Peoria
The answer is "$228,000".
net income of based on variable costing = $212,000
<span>beginning and ending inventories were 6,000 units and 10,000 units
</span><span>fixed overhead per unit = $4
This is how we calculate the </span>net income under absorption costing;
$212,000 + (10,000 units × $4) – (6,000 × $4)
= $228,000
An international economic and political movement designed to help goods and services flow more freely across international boundaries is referred to as Free Trade.
<h3>What is
Trade?</h3>
- Transferring goods and services from one person or entity to another involves trade, frequently in exchange for cash.
- A system or network that permits trade is referred to as a market by economists.
- Bartering was a primitive type of trade in which commodities and services were directly exchanged for other goods and services.
- Barter is the practice of exchanging goods without using cash.
- Nowadays, most trade agreements are reached using a medium of exchange, like money.
- As a result, selling or earning can be distinguished from buying.
<h3>What are the three different trades?</h3>
- Futures traders that are active employ a range of analyses and methods.
- There are solutions to fit everyone's preferences, ranging from ultra-short-term technical approaches to fundamentals-driven buy-and-hold strategies.
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