Hi I think she would be acting outside of her
Business letter because you are talking about business
Answer:
A. $302,000
Explanation:
<u>Accrual basis: </u>recognize income and expenses based on the date at they occur regardless of collection or payment.
sales revenue: 496,000
incurred expenses:<u> (194,000) </u>
net income 302,000
<u>The prepaid is not considered an expense under accrual basis. </u>It will be adjusted over time.
Answer:
The answer is: C) all members of the FASB are fully remunerated, serve full time, and are independent of any companies or institutions.
Explanation:
The FASB Board has 7 members which serve full time and get paid for doing it. Before their appointment to the board, they must cut all ties with any firms or institutions. Board members are appointed for five year terms and are eligible for one reappointment (another five more years).
Answer:
France having a comparative advantage over Germany in ships.
Explanation:
Comparative advantage is defined as the ability of a country to produce goods and services at a lower opportunity cost compared to other countries that produce a particular good. For example of country A produces cars at $300 cost, whole country B produces the Se car at cost of $1000 the country A has comparative advantage and should focus on producing cars.
In the scenario given Germany enjoys a comparative advantage over France in autos relative to ships.
This implies that France has a greater comparative advantage in ship production than Germany.
