Answer:
Export led growth
Explanation:
Export led growth
Export led growth is a business strategy used by developing countries in order to export goods that selling consist of major advantages to economy.
Export led growth is sometimes defined as export led industrialization that aim to expand industrialization process not in same country but in foreign country too.
The countries that inherit the export led growth are Singapore, china, Vietnam etc. They have high trade-GDP ratio which evaluate total trade value with respect to GDP.
Answer:
$8.23 per share
Explanation:
Total funds received by Turbo = (3.03 million shares x $ 7.65 per share) - $230,000
= $23,179,500 - $230,000 = $22,949,500
Gross Proceeds = Net Proceeds + Underwriter's Spread
Gross Proceeds = (Gross Proceeds * 0.07) + $7.65 per share
(Gross Proceeds – 0.07 Gross Proceeds) = $7.65 per share
Factorize gross proceeds mathematically to get
Gross Proceeds (1-0.07) = $7.65 per share
Gross Proceeds (0.93) = $7.65 per share
Gross Proceeds = 
Gross Proceeds = $8.23 per share
Answer:
Answer is solved and explained in the explanation section below.
Explanation:
In this question, we are asked to prepare a trial balance assuming that all accounts have normal balances. And the purpose of making a trial balance is to make sure that the entries in the system are mathematically sound.
So,
Badger Auto Parts Debit Credit
Accounts payable $8,500
Accounts receivable $40,800
Accumulated depreciation (furniture) $47,300
Advertising expense $29,200
Cash $3,200
Common stock $100,000
Cost of goods sold $184,300
Depreciation expense (furniture) $10,400
Furniture $128,000
Income tax expense $3,800
Income tax payable $3,600
Interest expense $6,650
Interest payable $1,800
Inventory $60,500
Notes payable $50,000
Prepaid rent $15,250
Retained earnings $15,900
Sales revenue $264,700
Utilities expense $9,700
Totals $491,800 $491,800
Answer:
The correct answer is A.true.
Explanation:
Fixed asset accounting systems include cost allocation and matching procedures that are not part of routine expenditure systems.
As per financial accounting standards fixed assets cost is capitalized and than depreciated over its useful life. Only that amount of asset cost is charged in profit and loss account that has been depreciated during the reporting period. However, in case of other routine expenses full amount is charged in p/l, in the period, in which these costs are incurred.
