Journal entries
A.
Dr Cash $6,871.50
DrCash Exceed and Short $50.75
Cr Sales Revenue ($6,871.50+ 50.85) $6,922.25
B.
Dr Cash ($6,922.25 +28.32) $6,950.57
Cr Sales Revenue $6,922.25
Cr Cash Exceed and Short $28.32
Answer: When assessing the risks of investment, one should consider the political, economic, and legal risks of doing business in either Russia or Poland. The risk in Russia would probably be considered higher than the risk in Poland since Poland has been a member state of the European Union since 1 May 2004, with the Treaty of Accession 2003 signed on 16 April 2003 in Athens as the legal basis for Poland's accession to the EU.
Poland has already gained benefits and stability offered by the EU. Russia, by contrast, is still many years away from even being in a position to be considered by the EU for membership.
Explanation: A diligent investor wouldn't put a penny in a risky country.
Solution:
The total cost for the company is the sum of its fixed cost and variable costs.
Corporate expenditures that do not depend on the amount of goods or services provided by the company are fixed costs.
Variable costs are expenses that change when changes occur in the sum of the good or service produced by a company.
C(x) = 90000 + 100x
C(110) = 90000 + 100 ( 110 )
C(110) = 90,000 + 11, 000 = 101,000
It costs $101,000 to produce 110 bicycles.
Answer:
$12 billion.
Explanation:
Given: Value added during 2011= $78 billion.
Total sales= $90 billion.
Intermediate goods are the goods used to produce final product and it is not included in the calculation of GDP, however, it is included in the value of final goods.
Now, finding the value of intermediate goods purchased.
Intermediate goods= 
⇒ Intermediate goods= 
∴ Intermediate goods= 
Hence, value of intermediate goods purchased is $12 billion.
