Answer:
merchandise inventory
March 2: -562,200
<u>March 6: 61,000</u>
-501,200
accounts receivable
March 2: 878,600
March 6: -118,800
<u>March 12: -759,800</u>
0
sales revenue
March 2: 878,600
<u>March 6: -118,800</u>
759,800
<u />
COGS
March 2: 562,200
<u>March 6: 61,000</u>
501,200
<u />
cash
<u>March 12: 759,800</u>
759,800
Answer:
$1,300 and $3,900
Explanation:
The computation of the depreciation expense for the year 2021 and 2022 using the straight line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($45,000 - $6,000) ÷ (10 years)
= ($39,000) ÷ (10 years)
= $3,900
In this method, the depreciation is same for all the remaining useful life
For the year 2021, it is
= $3,900 × 4 months ÷ 12 months
= $1,300
The four months are taken from Sep 1 to Dec 31
And, for the year 2022, it is $3,900
Answer:
imports exceed exports by $50 billion.
Explanation:
Calculation to determine how much imports exceed exports
Gross Domestic Product $1.2 trillion
Less Consumption ($690 billion)
Less Investment ($200 billion)
Less Government spending ($260 billion)
($1.2 trillion-$690 billion-$200 billion-$260 billion)
Then:imports exceed exports by $50 billion
Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
