Answer:
January 1, 2020
Explanation:
An S corporation isalso called small business corporation. It is a type of company that shields its owners in the case of liabilities. The owners are not directly liable for obligations of the corporation.
A calenders year of a company is defined as the fiscal year in which a company makes profit and declares a profit or loss within that time frame.
If shareholders file a revocation statement on March 20, 2019, to terminate their S corporation's S election, they will have to wait till the end of the fiscal year before the S corporation is terminated.
That is on January 1, 2020.
The choice of country a to purchase wheat from country b is supported by Ricardo's theory of comparative advantage, which is the theory of international commerce.
<h3>What is the trade theory of Ricardo?</h3>
Three premises underlie the Ricardian theory of international trade: labor productivities are fixed, there is no cross-border movement of the production factors, and labor is the only production factor. Only the first of these presumptions is acknowledged by Ricardo himself.
According to Ricardo's well-known theory of comparative advantage, countries can gain a competitive advantage in international trade by focusing on producing goods with the lowest opportunity costs compared to those of other countries.
<h3>What can we infer about the advantages of free trade from Ricardo's theory of comparative advantage?</h3>
The foundation of international trade is comparative advantage, which also serves as the basis for the positive economic effects of free trade on nations. According to the comparative advantage concept, trade can still be advantageous to both trading partners even when one country has a clear advantage in producing goods.
Learn more about Ricardo's theory of comparative advantage: brainly.com/question/14015888
#SPJ4
<span>The demand for wheat would increase by 0.2 percent. Income elasticity indicates how much demand for something increases or decreases when income goes up or down. It is the calculated as the ratio of the percentage change in quantity demanded to the percentage change in income.</span>
Answer:
$2,143
Explanation:
The computation of the value of the preferred stock is shown below:
Value of the preferred stock = Cash flows with respect to perpetual dividend ÷ the rate of interest
= $150 ÷ 0.07
= $2,143
Simply we divided the rate of the interest by the cash flows so that the accurate value of the preferred stock can be computed
Answer: The correct answers are:
-"Statements that show a balance forward and then all activity between two specified dates".
-"Statements that show invoices created between two specified dates and their related payments
".
"Statements that show just open transactions".
This 3 types of customer statements can be generated by QuickBooks Online.
