Answer:
Cash sales = $233,200 × (100 ÷ 106)
= $220,000
Credit sales = $153,700 × (100 ÷ 106)
= $145,000
Sales tax revenue = ($220,000 + $145,000) × 6%
= $21,900
Therefore, the Journal is as follows:
Sales tax revenue A/c Dr. $21,900
To sales tax payable $21,900
(To record the sales tax payable)
Answer:
$500
Explanation:
The computation of the current prevailing weekly wage rate in the labor market is shown below:
= Firm weekly revenues for firm's total weekly output of 111 units - Firm weekly revenues for firm's total weekly output of 110 units
= $25,750 - $25,250
= $500
Simply we deduct the revenue of 111 units by the revenue of 110 units, so that the actual wage rate can come
Answer:
5) In 2018, DDT was the most widely used agricultural pesticide in the US
Explanation:
DDT (dichloro-diphenyl-trichloroethane) was a synthetic agricultural insecticide that was banned in 1972. It was extremely dangerous and poisonous to both humans and animals (insects also but that was its function). It had been used as an insecticide since 1939, and for many years it was one of the most widely used pesticides.
Answer:
move production activities to more desirable locations.
Explanation:
If there is the barrier with regard to the flow of goods and services that can be moved in freely also the capital decline at the time of 1970s so the motivation made for foreign direct investment should be that they shifted to the production activities in order to have desirable locations
So as per the given situation, the above statement should be considered
