Answer:
Balance on balance on July 1 is $31490.67
Explanation:
given data
deposited P = $27,000
time = April 2 to May 12 = 40 days
rate = 4 % = 0.04
solution
we get here first compound amount that is express as
amount = P × 
...................1
put her value
amount = 27000 × 
amount = $27118.60
and
now we add here $4,200 in $27118.60 that will be
new principal P = $31318.60
and time t = 12 may to July 1 = 50 days
we get here amount that is put value in equation 1 we get
amount = $31318.60 × 
solve it we get
amount = $31490.67
so that balance on balance on July 1 is $31490.67
Answer:
$855,000
Explanation:
The Raw Materials T - Account can be used to determine the cost of direct materials used in production using the missing balance technique as follows :
Raw Materials T - Account
Debit :
Beginning Balance $279,000
Purchases $828,000
Total $1,107,000
Credit :
Ending Balance $252,000
Transferred to Production (<em>Balancing figure</em>) $855,000
Total $1,107,000
Indeed, most economists would argue that the best interests of international businesses are served by a <u>free-trade stance</u>.
<h3>What is a free-trade stance?</h3>
A free-trade stance is a government policy that does not restrict imports and exports because there are no import tariffs or export subsidies.
A free-trade stance is also known as laissez-faire policy because under a free-trade policy, goods and services are exchanged across international borders with little or no government interventions in the forms of tariffs, quotas, subsidies, or prohibitions.
Trade protectionism, which creates economic isolationism, is the direct opposite of the concept of free trade.
Thus, indeed, most economists would argue that the best interests of international businesses are served by a <u>free-trade stance</u>.
Learn more about the free-trade stance at brainly.com/question/10608502
1) Banks hold excess and secondary reserves toA) reduce the interest-rate risk problem.
2) Which of the following statements most accurately describes the task of bank asset management?
b. Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.
3) The goals of bank asset management include
d. purchasing securities with high returns and low risk.
Hope this helps. Have a nice day.
