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Over [174]
3 years ago
10

George owns an international grocery store in new jersey, the global food bazaar. he has benefited highly from the trading bloc

that allows him to purchase food products from central american nations at a nice discount. with many of his customers from costa rica, the dominican republic and guatemala, he is particularly grateful for ______, a trading bloc.
Business
1 answer:
ArbitrLikvidat [17]3 years ago
8 0
He is particularly grateful for CAFTA-DR, a trading bloc. he Central America Free Trade Agreement (CAFTA-DR), which includes Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and the United States, is intended to reduce tariffs and other barriers to free trade.
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4. Steel-frame construction relies on the creation of _______ to sustain the weight of the building. A. a steel cage B. mass pro
Sloan [31]

Steel-frame construction relies on the creation of a sound foundation to sustain the weight of the building, because without that all our buildings we have now would suffer from erosion causing the building to shift or even collapse.;


3 0
2 years ago
Piere Imports uses the perpetual system in accounting for merchandise inventory and had the following transactionsduring the mon
frozen [14]

Answer:

<u>If records invoices at gross amounts</u>

October 2th

inventory    3,000 debit

    A/P                    3,000 credit

October 2nd

A/P              500 debit

      inventory           500 credit

October 17th

inventory       5,400 debit

      A/P                    5,400 credit

October 26th

A/P                5,400 debit

           Inventory          108 credit

           cash               5,292 credit

October 31th

A/P             2,500 debit

      Cash                 2,500 credit

<u>If records invoices at nets amounts</u>

October 2th

inventory    2,940 debit

    A/P                    2,940 credit

October 2nd

A/P              490 debit

      inventory           490 credit

October 17th

inventory       5,292 debit

      A/P                    5,292 credit

October 26th

A/P                5,292 debit

           cash               5,292 credit

October 31th

A/P             2,490 debit

Inventory         10 debit

      Cash                 2,500 credit

Explanation:

gross amount: we use the invoice nominal

net amount: we use the net nominal

October 2nd net:

3,000 x (1-2%) = 2,940

returns net: 500 x ( 1 - 2%) = 490

October 16th invoice net:

5,400 x ( 1 - 2%) = 5,292

october 31th

october 2th invoice balance:

2,940 - 490 = 2,450

8 0
3 years ago
A stock has an expected return of 16.1 percent, the risk-free rate is 6.45 percent, and the market risk premium is 7.2 percent.
DiKsa [7]

Answer:

the beta of the stock is 1.34

Explanation:

The calculation of the beta of the stock should be

As we know that

Expected rate of return = Risk free rate + beta × market risk premium

16.1 = 6.45% + beta × 7.2%

16.1% - 6.45% = beta × 7.2%

9.65% = beta × 7.2%

So, the beta should be

= 9.65% ÷ 7.2%

= 1.34

Hence, the beta of the stock is 1.34

4 0
2 years ago
Jerzy wants to keep his overall costs down and to enter into the international marketplace slowly and carefully. He is consideri
QveST [7]

Answer:

Exporting

Explanation:

Exporting

Exporting is the method for entering into the global market by selling products which are domestically produced and traded to the foreign countries . Counter trade is also a part of exporting where one firm agrees on selling a product in counter of receiving another product from the buying firm.

Here, Jerzy is considering the use of counter trade, where he would send his shoes designed and produced domestically to Spain in return for high-quality Spanish cowhides.

Hence ,  Jerzy is exporting .

8 0
3 years ago
During the year ended December 31, 2018, Kelly’s Camera Shop had sales revenue of $210,000, of which $105,000 was on credit. At
aliya0001 [1]

Answer:

Kelly's Camera Shop

1. Journal Entries

Debit Accounts Receivable $105,000

Credit Sales Revenue $105,000

To record the sales on credit for the year.

Debit Cash $76,000

Credit Accounts Receivable $76,000

To record the cash collections on account.

Debit Allowance for doubtful accounts $1,900

Credit Accounts Receivable $1,900

To write off a bad debt.

Debit Bad Debt Expense $3,320

Credit Allowance for doubtful accounts $3,320

To record the bad debt expense for the year.

2. Balance Sheet (partial) as of December 31, 2018:

Accounts Receivable $39,100

Less Allowance for

 doubtful accounts        2,100

Net Accounts Receivable        $37,000

Explanation:

a) Data and Analysis:

T-accounts:

Accounts Receivable

Account Title             Debit      Credit

Beginning balance   $12,000

Sales revenue          105,000

Cash                                         $76,000

Bad Debts written off                   1,900

Ending balance                          39,100

Totals                     $117,000  $117,000

Allowance for Doubtful Accounts

Account Title             Debit      Credit

Beginning balance                      $680

Bad debts written off $1,900

Bad Debt Expense                     3,320

Ending balance            2,100

Total                          $4,000   $4,000

Analysis of transactions:

Accounts Receivable $105,000 Sales Revenue $105,000

Cash $76,000 Accounts Receivable $76,000

Allowance for doubtful accounts $1,900 Accounts Receivable $1,900

Bad Debt Expense $3,320 Allowance for doubtful accounts $3,320

6 0
2 years ago
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