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1 year ago

Can we talk about the political and economic state of the world right now

1 answer:

8 0

In the political state of the world as at now, a lot of countries are using representative democracy where there seems to economic power tussle between China and America.

<h3>What is the current state of the world economy?</h3>

The economy of different nations are said to be growing wile some are expressing some financial crises.

Note that studies has shown that Global growth will rise to about 3.4 percent for 2021.

Therefore, In the political state of the world as at now, a lot of countries are using representative democracy where there seems to economic power tussle between China and America.

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Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:

adelina 88 [10]

Explanation:

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2 years ago

On October 1. Ebony Ernst organized Ernst Consulting, on October 3. the owner contributed $84,310 in assets in exchange for its

LuckyWell [14K]

Answer and Explanation:

The Preparation of the statement of cash flows is shown below:-

<u>Ernst Consulting</u>

<u>Statement of cash flows</u>

<u>For the year ended Oct 31</u>

<u>Particulars Amount</u>

Cash flow from operating activities

Cash paid for salaries -$2,160

($7,350 - $5,190)

Cash paid for rent -$3,910

Paid cash for telephone

expense -$790

Paid cash for miscellaneous

expense -$610

Net cash flow from operating activities -$7,470

Cash flow from investing activities

Purchase of equipment -$18,310

Net cash flow from investing activities -$18,310

Cash flow from financing activities

dividend paid -$2340

Initial investment in Cash $38,320

Net cash flow from financing activities $35,980

Net cash increase/decrease $10,200

Beginning Cash 0

Ending Cash $10,200

Therefore we indicate the minus sign for cash outflow while the positive amount shows cash inflow.

3 0

3 years ago

Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75

blondinia [14]

Based on the beginning retained earnings balance and the net income as well as dividends, the retained earnings balance will be $1,585,500.

<h3>How much are retained earnings on Dec. 31?</h3>

This can be found as:

= Beginning retained earnings + Net income + dividends paid

Solving gives:

= 1,250,000 + 287,500 + 48,000

= $1,585,500

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5 0

1 year ago

Dribbling in field hockey is when you.

Talja [164]

Answer:

Dribbling is a technique used in field hockey to move the ball forward using small touches with a hockey stick.

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2 years ago

The Herman Company uses a joint process to produce products W, X, Y and Z. Each product may be sold at its split-off point or pr

Gala2k [10]

Answer:

<em>W:</em> positive contribution of 6,000

<em>Z:</em> positive contribution of 1,000

<em>X:</em> negative of 1,000

<em>Y:</em> negative of 6,500

Explanation:

value at the end- value at split off = value added for processing:

value added - addtional cost = advantage/disadvantage of processing

W (22,500- 7,500) - 9,000 = 15,000 - 9,000 = 6,000

X (20,000 - 13,5000) - 7,500 = 6,500 - 7,500 = (1,000)

Y (15,000 - 9,000) - 12,500 = 6,000 - 12,500 = (6,500)

Z (12,500 - 6,500) - 5,500 = 6,000 - 5,500 = 1,000

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3 years ago