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Butoxors [25]
3 years ago
6

The citizens of France, Belgium, and Finland are upset by a recent tradelaw enacted in the European Union which they feel negati

vely impacts theirrespective economies. In order to resolve their concerns, they would turnto____________.
a. The European Councilb. The European Commissionc. The European Parliament
Business
2 answers:
Bess [88]3 years ago
3 0

Answer:

c. The European Parliament

Explanation:

The European Council is a collective body that defines the European Union's overall political direction and priorities.

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

The European Parliament (EP) is the legislative branch of the European Union.

Based on the defined roles of the different bodies of the EU, in order for France, Belgium and Finland to resolve their concerns which is a legal matter, their representatives will approach the legislative body of the EU to discuss their concerns with other EU members. This legislative body is the European Parliament.

OverLord2011 [107]3 years ago
3 0

Answer:

The correct answer is letter "C": European Parliament.

Explanation:

The European Parliament (EP) is the legislative branch of the European Union (EU) in charge of setting the laws ruling the EU. The EP works along the Council of Ministers which also helps the EP in establishing the EU's budget after a series of reviews and corrections.

Thus, <em>if France, Belgium, and Finland ave complaints about a trade law imposed by the EU they should address their concerns to the EP.</em>

You might be interested in
A machine can be purchased for $202,000 and used for five years, yielding the following net incomes. In projecting net incomes,
FinnZ [79.3K]

Answer:

2.36 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.

To derive cash flows from net income, depreciation expenses should be added to net income.

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2 / 5 = 0.4

Deprecation expense in year 1 = 0.4 x $202,000 = $80,800

Book value in year 2 = $202,000 - $80,800 = $121,200

Deprecation expense in year 2 = 0.4 x $121,200 = $48,480

Book value in year 3 = $121,200 - $48,480 = $72,720

Deprecation expense in year 3 = 0.4 x $72,720 = $29,088

Book value in year 4 = $72,720 - $29,088 = $43,632

Deprecation expense in year 4 = $43,632 x 0.4 = $17,452.80

Book value in year 5 = $43,632 x 0.4 - $17,452.80 = $26,179.20

Deprecation expense in year 5 = $26,179.20 x 0.4 = $10,471.68

Cash flow in year 1 = $18,000 +  $80,800 = $98,800

Cash flow in year 2 = $25,000 + $48,480 = $73,480

Cash flow in year 3 = $53,000  + $29,088 = $82,088

Cash flow in year 4 = $58,000  + $17,452.80 = $75,452.80

Cash flow in year 5 = $108,000 + $10,471.68 = $118,471.68

Please check the attached image for how the payback period was calculated

3 0
3 years ago
Read 2 more answers
A two-year college is often the best choice for students who need additional training or time to explore career options.
coldgirl [10]
True I think okay don't judge me:(
5 0
3 years ago
The actual cash received from cash sales was $3,930 and the amount indicated by the cash register total was $3,880. the journal
Nuetrik [128]

The actual cash received from cash sales was $14,356 and the amount indicated by the cash register total was $14290

a.what is the amount deposited in the bank for the day's sales?

14,356
Because this is the amount which is actually received by sales

b.What is amount recorded for the day's sales?

14,290
Because this is the amount which has been recorded in the cash register.

c.How should the difference be recorded?

Dr Cash 14,356 
Cr Over/Short 66 
Cr Sales 14,290

d. If a cashier is consistently over or short what action should be taken?

First of all we need to find out that whether the cashier is genuinely making mistakes or there is a case of theft.There would be some close monitoring. If they are just mistakes, maybe some extra mentoring in cash handling would help.

E5-18

Part a and b are informational and thus we dont have to do anything with them.

Part c and d are reconciling terms.

Parts e and f needs entries to adjust the company's books. For e there needs to be a debit to cash for the incorrect amount and a credit for the correct amount. For f there needs to be a credit to cash.

E.
(Dr) Cash in bank $540 
(Cr) Accounts payable $540
$710 - $170

F.
(Dr) Bank charges $50 
(Cr) Cash in bank $50

Bank reconciliation:
Cash balance per book $24,010
Add: error $540 
Less: Debit memo $50
Adjusted book balance $24,500

Cash balance per bank $22,750
Add: Deposits in transit $9,100 
Less: Outstanding checks $7,350 
Adjusted bank balance $24,500

Hope you get it.

Get back to me in case you have any doubts.
I would be happy to help.

5 0
3 years ago
Richard and Alice are divorced and under the terms of their written divorce agreement signed on December 30, 2011, Richard was r
murzikaleks [220]

Answer:

$10,800

Explanation:

Alice's gross income must include the money she received from Richard as part of their divorce settlement, excluding the amount set for child support:

Alice's gross income = 12 x ($1,500 - $600) = 12 x $900 = $10,800

The extra money that Richard gave Alice that was not part of the divorce settlement is not included in her gross income, since it is included in Richard's gross income.

4 0
2 years ago
After carefully going over your budget, you have determined you can afford to pay $632 per month toward a new sports car. You ca
ZanzabumX [31]

Answer:

I can borrow $24,000

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

The amount of loan can be calculated as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Amount of Loan = $632 x [ ( 1- ( 1 + 1% )^-48 ) / 1% ]

Amount of Loan = $632 x [ ( 1- ( 1.01 )^-48 ) / 0.01 ]

Amount of Loan = $24,000

r = 7.17%

Interest rate is 7.17%

4 0
2 years ago
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