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3 years ago

6

Under nafta (north american free trade association), the united states, canada, and mexico are free to produce what each country

does best and trade its goods and services without _____.

1 answer:

Paul [167]3 years ago

8 0

Trade barriers. There are no barriers blocking them from trade.

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The average compound return earned per year over a multi-year period is known as the:

Sav [38]

The average compound return earned per year over a multi-year period is known as the geometric average return.

<h3>What is an Average Return?</h3>

An average return is a mathematical average value of a number of returns generated over a specific period of time. An average return helps in measuring the past performance or portfolio of an individual or government.

When an average compound return is earned per year over a multi-year period, then it is known as the geometric return of that individual or government.

Learn more about an Average Return here:

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4 0

2 years ago

Dove, Inc., had additions to retained earnings for the year just ended of $643,000. The firm paid out $40,000 in cash dividends,

Zinaida [17]

Answer:

Earnings for the year = Addition to retained earnings + Dividend paid = $643,000 + $40,000 = $683,000

a. Earnings per share = Earnings / No of shares = $683,000 / 750,000 = 0.91

Dividend per share = Dividend / No of shares = $40,000 / 750,000 = 0.05

Book value per share = Ending equity / No of shares = $7,380,000 / 750,000 = $9.84

b. Market price per share is 30.8. Market to book ratio = $30.80 / $9,84 = $3.13

c. Price earning ratio = $30.80/$0.91 = $33.82

Total sales = $10,680,000, Sales per share = 14.24

Price sales ratio = Market price / Sales = $30.80 / $14.24 = $2.16

3 0

3 years ago

How are payroll taxes and user fees different?

fomenos

<span>Sometimes, a user fee is indeed a user fee. But other times it's not that at all; instead, it's a tax hike disguised by a misnomer.</span>

5 0

3 years ago

Giorgio Italian Market bought $11,100 worth of merchandise from Food Suppliers and signed a 120-day, 9% promissory note for the

Anvisha [2.4K]

Explanation:

The journal entry is as follows

Notes receivable A/c Dr $11,100

To Sales A/c $11,100

(Being the sales is recorded)

Since the merchandise transaction is done through note receivable so we debited the note receivable account and the transaction is of sale type so the sales account is credited. Both the transactions are recorded at $11,100

4 0

3 years ago

July 1 Sold $21,200 of computers to Company with terms 3/15, n/60. Riverbed uses the gross method to record cash discounts. Rive

Setler79 [48]

Question is incomplete. I will try to answer to the best of my ability.

Answer and Explanation:

The credit terms '3/15, n/60' and '2/10, n/30' mentioned in the question signifies the terms in which riverbed has sold its product to the buyer.

3/15, n/60 means that if the buyer pays with 15 days since the transaction takes place then the buyer would receive 3% on the receivable.

However, if they fail to pay within 15 days then the buyer would have to pay the full amount within 60 days.

Similarly, 2/10, n/30 means 2% discount within 10 days since the transaction took place. Otherwise full payment after 10 day.

4 0

3 years ago