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scoundrel [369]
3 years ago
6

___________ is an important example of an upper-middle income economy because it manages to export a wide array of goods includi

ng tobacco and citizens have a higher standard of living than lower-income economies while still dealing with serious human rights issues such as hazardous child labor practices.
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
5 0

Answer:

Kazakhstan

Explanation:

Kazakhstan is a country which comes under the upper-middle economy in the world. Their living standard is beyond any other neighbouring countries because it has managed to export a wide array of goods including tobacco.  Over the years, Kazakhstan has suffered major human rights issues, but still managed to grow its economy at a reasonable rate.

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Jello's Market purchased $1,000 of goods on account with terms of 2/10,n/30. They returned $200 of the goods due to defect the n
Andreyy89

Answer:

debit Accounts Payable $800; credit Merchandise Inventory $16; and credit Cash $784

Explanation:

Since Jello's Market purchased $1,000 of goods on account with terms of 2/10,n/30, and they returned $200 of the goods due to defect the next day.

Since the goods are paid fr the next day, if falls within the settlement for discount date which is 2% within 10 days

If Jello pays for the purchase within the discount period and uses the perpetual inventory system, the required journal entry to record the payment would: debit Accounts Payable $800; credit Merchandise Inventory $16; and credit Cash $784.

This would be the case because accounts payable account would have been credited since the goods were not bought for cash but on account, and the would be $1000 less $200 returns, which is $800.

The discount of 2% x (1000 - 200 returns) would be $16 and posted directly to inventory, since it is a perpetual inventory system.

The actual amount paid is credited to cash, which is $1000 - $200 returns - $16 discount

5 0
3 years ago
From the above schedule of activity costs, determine the internal failure costs.
irina1246 [14]
I think so this is your holiday homework and teachers are thinking that you are doing your self
6 0
3 years ago
What is the definition of abuse
shusha [124]

Answer:

The improper usage or treatment of a thing, often to unfairly or improperly gain benefit. Abuse can come in many forms, such as physical or verbal maltreatment, injury, assault, violation, unjust practices, crimes, or other types of aggression.

Explanation:

8 0
3 years ago
Builtrite’s common stock is currently selling for $48 a share and the firm just paid an annual dividend of $2.80 per share. Mana
Misha Larkins [42]

Answer:

So the cost of new stock will be 14.63 %

Explanation:

We have given dividend for next year = $2.80

Stock price = $48

Flotation rate = 5 %

Growth rate = 8 %

We have to find the cost of new common stock

We know that cost of new common stock is given by

Cost of new stock =\frac{dividend\ for\ next\ year}{stock\ price(1-flotation\ rate)}+growth\ rate

= =\frac{2.8\times (1+0.08)}{48\times (1-0.05)}+0.08=0.1463=14.63%

So the cost of new stock will be 14.63 %

4 0
3 years ago
Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departm
JulsSmile [24]

Answer:

Equivalent units for materials in beginning work process is 6,940 units   Equivalent units for conversion in ending work process is 6,800 units  

Explanation:

Beginning work process:

Equivalent units for materials = 6,100 + (1,400 × 60%) = 6,940 units    Cost per equivalent unit for materials = ($7,800 + $102,700) ÷ 6,940 = 15.92  

Ending work process:

Equivalent units for conversion = 6,100 + (1400 × 50%) = 6,800 units    

Cost per equivalent unit for materials = ($9,100 + $184,000) ÷ 6800 = 28.40    

Cost of ending work in process = (1,400 × 60%) × 15.92219 +(1400 × 50%) × 28.39706

= 33,253 (Rounded off)

5 0
3 years ago
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