Answer:
The answer is C. international trade
Explanation:
International trade is the exchange of goods and services between countries.
They are an example of government agency of which they are
responsible of providing specific services to its people in either a federal,
state, city or even country. Examples of these are mentioned above such as the
U.S department of commerce and the census bureau.
Answer:
before tax 305,500
tax expense 48,880
after tax 300,620
Explanation:
income from continuing operations of 319,000
Capital gain 33,500
understatement of 2016 income 20,000
loss on available-for-sale securities. (58,800)
discontinued operations <u> (8,200) </u>
Total other comprehensive income 305,500
tax expense 16% <u> (48,880) </u>
net 300,620
We will list each transaction, notice the understatement of 2016 income means the company recognize a lower income than it should, so we increase the other comprehensive income.
Answer:
The current and quick ratios both increase.
Explanation:
As we know that
The current and the quick ratio represents the liquidity position of the company whether the company is able to pay its short term obligations or debt for the twelve months or not
It can be check by determining the current ratio and the quick ratio which is
Current ratio = Current assets ÷ current liabilities
And, the quick ratio is
Quick ratio = (Current assets - inventory) ÷ current liabilities
It is always expressed in the times
So for improving the financial position we have to indicate the current and quick ratio
