Answer:
b). Positive
Explanation:
The nature of the balance of trade if imports are of manufactured goods is POSITIVE
Considering that Balance of trade is a term that is used to describe the difference between the imports and exports value of a country over a given period.
Hence, when a country manufactured goods instead of importing them, the balance of trade is believed to be Positive.
On the other hand, when a country imports goods instead of manufacturing them, the balance of trade is believed to be negative.
Answer:
$2.835 in March and $0 in May.
Explanation:
As per the data given in the question,
The actual method of accounting is that the revenue is not recognized in the period when the actual cash is received but the period in which it is earned.Hence, May-31 income statement will not recognize any part of revenue and March-31 income statement will recognize the whole revenue of $2.835 million.
Hence, $2.835 in March and $0 in May.
<span>A household's scarce resources are likely divided by needs first, and then by wants. So, bills and food would be at the top of the list, and things that are wanted but not needed would be at the bottom.</span>
False because everyone can be managers it is based off of ur education and how hard u work for it
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $45,000
Useful life= 5 years
Salvage value= $10,000
<u>To calculate the annual depreciation under the double-declining balance method, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
<u>2018:</u>
Annual depreciation= 2[(45,000 - 10,000) / 5]
Annual depreciation= 14,000
<u>2019:</u>
Annual depreciation= 2*[(35,000 - 14,000)/5]
Annual depreciation= $8,400