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3 years ago

Look at the map showing the European Union (EU) and its free-trade agreement (FTA) countries.

Business

2 answers:

shepuryov [24]3 years ago

8 0

The actual correct answer is: <u>The European Union's free-trade agreements include agreements with both developed and developing nations.</u>

irina1246 [14]3 years ago

7 0

Answer:

B)The European Union's free-trade agreements include agreements with both developed and developing nations.

Explanation:

The European Union is a block of cooperation, where member countries can benefit economically, politically and as a consequence, socially. Nations that are part of the EU can trade freely, without customs barriers. The agreement brings together 28 sovereign countries as shown in the map. The group consists of developed countries such as Germany, Spain, France, the Netherlands and developing countries such as Poland, Slovenia, Bungaria, among others. The purpose of this agreement is to integrate the economies of these countries to make them stronger and more efficient together.

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Tim is a single, cash-method taxpayer with an AGI of $50,000. In April of this year, Tim paid $740 with his state income tax ret

oksano4ka [1.4K]

Answer: $5960

Explanation:

Based on the analysis and the information provided in the question, the amount of taxes that Tim can deduct as an itemized deduction will be the addition of the Tim's state income tax return for the previous year, the state tax that was held during the year and the estimated state tax payment. This will be:

= $740 + $4200 + $1020

= $5960

Therefore, the amount of taxes that Tim can deduct as an itemized deduction will be $5960.

3 0

3 years ago

The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to

Ahat [919]

Question Completion:

Assume that Supplies were purchased during the year worth $13,000.

Record the adjusting entries.

Answer:

Adjusting Journal Entries on December 31, 2021:

Debit Interest Expense $4,000

Credit Interest payable $4,000

To record the accrued interest on the notes payable.

Debit Salaries Expense $3,000

Credit Salaries payable $3,000

To record the accrued salaries at year end.

Debit Supplies Expense $9,200

Credit Supplies $9,200

To record supplies expense for the year.

Explanation:

a) Data and Calculations:

Supplies purchased = $13,000

Supplies at year-end = 3,800

Supplies consumed = $9,200 ($13,000 - $3,800)

b) Adjusting entries are journal entries done at the end of a financial period to ensure that expenses and revenues are matched to the period they occur instead of when cash is exchanged. This accords with the accrual concept and the matching principle of accounting.

3 0

2 years ago

During most of the Soviet rule (and certainly after 1934), any form of experimental art was considered dissident and, therefore,

QveST [7]

The statement, "During most of the Soviet rule (and certainly after 1934), any form of experimental art was considered dissident and, therefore, could only exist as a part of underground culture" is True

Option a

<u>Explanation: </u>

All across the 1920s, the creation of Soviet Art was followed by an era of severe ideological competitiveness among artistic groups, which each tried to ensure that their views were given a priority for the determination of the shapes and instructions under which soviet art will also grow.

The increasing crisis of radical left wing artwork done this fight even more angry, In the late 1930's, several avant-garde movements that emerged in the 1910s had become tired and began depicting artifacts in real life, as they sought to return to the traditional model of drawn pictures.

6 0

3 years ago

Your Group has just been stranded in the wilderness in the middle of a snowstorm in mid-January. You are dressed for the winter,

Salsk061 [2.6K]

Answer:

You will need:

knife

Lighter

Rope

Map

Warm clothes

4 0

3 years ago

The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12200 gallons of direct materials that a

Anika [276]

Answer:

$8,800 favourable

Explanation:

The computation of direct material quantity variance is seen below;

= Standard price × ( Standard quantity - Actual quantity)

= $4 × [(2 gallons × 7,200 units) - 12,200 gallons)

= $4 (14,400 gallons - 12,200 gallons)

= $4 × 2,200 gallons

= $8,800 favorable

Therefore, the direct materials quantity variance for last month is $8,800 favourable

8 0

2 years ago