Answer:
China could not compete economically with its neighbors
Henry Ford was responsible for the first mass production.
Answer:
See journal entries below.
Explanation:
The copy right is known as an intangible asset that is purchased to a business hence debited to factor in its purchase value while the bank is credited for the payment for the purchase.
Although the copyright is amortized for 12 years, the copyright protection expires after 12 years - which is the legal year irrespective of its plan to market and sell the painting for 19 years.
• Entries to record to record the purchase of copyrights on January 1, 2017.
Date
January 1,2017
Copyright Dr $510,000
Bank Cr $510,000
(Being purchase of 12 years painting copyrights)
• Annual amortization on December 31, 2017
December 31, 2017
Amortization Dr $42,500
Copyright Cr $42,500
(Being annual amortization cost on 12 years painting copyright)
Answer:
government-imposed tariffs on Japanese auto imports.
Explanation:
- Tokyo put no taxes on American and other imported vehicles. The US under the TPP had agreed to its tariff would be 2.5% and that all japan automobiles would be removed. The new tariff system would make auto manufacturers in the US produce and sell cars.
