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3 years ago

How do developed countries maintain an advantage over

Business

1 answer:

maks197457 [2]3 years ago

6 0

Developed countries work on their industrialization more than developing countries by maintaining their industries up to date by introducing all recent techniques that help in growth.
They work on their ca-pita and GDP more as compared to developing countries.
Increase their literacy rate.
Make their infrastructure more and more powerful and up to date.
Develop more revenue by introducing new techniques and creating labs on which they research the feasibility analysis of techniques they can improve.
Make their standards of living more high.
Utilize their resources effectively and efficiently.
Make their birth and death rate as low as possible.

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The direct materials and direct labor budgets provide information for preparing the:________a) production budget.b) sales budget

Korolek [52]

Answer:

C.) Cash budget.

Explanation:

As the name sounds is exactly what it directly entail; as it explains the direct input and output flow pattern of cash in a said organisation or firm. And in most cases, it is seen to access these funds and their usage pattern.

In this case, it can know and give heads up on when their is cash shortage or when a form does not have enough liquidity funds to run it. That is why here, direct and labour budgets are parts of what makes up the cash budget.

6 0

3 years ago

What is a beneficiary?

VikaD [51]

B. The root ben, bien, or bien is essentially latin for good. Therefore the person that receives the good is the beneficiary.

3 0

3 years ago

Read 2 more answers

The owner of a valuable painting hired professional movers to transport it to an auction house when she decided to sell it. As t

MAVERICK [17]

Answer:

No. She suffered no physical impact

Explanation:

Negligent infliction of emotional distress occurs when a person engages in an act that can cause severe emotional distress to another .

The plaintiff must be able to prove that the act was done willfully or provide an evidence that

It was a result of defendant's negligence

Plaintiff suffered emotional distress a direct result of the action

The action was foreseeable by the defendant

The plaintiff was in a danger zone

before he can win a claim.

The question here is how to prove emotional stress? The plaintiff must be able to show a verifiable physical injury that is linked to the emotional distressed suffered.

7 0

4 years ago

If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are:

lys-0071 [83]

Answer:

Recognized as revenues in the debt service fund.

Explanation:

Debt Service fund is a term that is used to describes a form of cash reserve utilized in the payment of interest and principal on specific kinds of debt for a given period. For example, bond premiums are commonly imposed by state law to be moved to debt service funds.

Hence, If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are: Recognized as revenues in the debt service fund.

8 0

4 years ago

At the beginning of the year, the Dallas Company had the following accounts on its books: Accounts Receivable $264,000 Debit All

lukranit [14]

Answer:

Explanation:

Requirement :

Date Account title and Explanation Debit Credit

Dec.31 Accounts receivable $2,346,000

Sales revenue $2,346,000

[To record credit sales for the year]

Dec.31 Cash $2,350,000

Accounts receivable $2,350,000

[To record collections on account for the year]

Feb.17 Allowance for doubtful account $7,500

Accounts receivable-R.St. John $7,500

[To write off R. St. John's account]

May 28 Allowance for doubtful account $4,800

Accounts receivable-G. Herberger $4,800

[To write off G. Herberger's account]

Oct 13 Accounts receivable-G. Herberger $1,200

Allowance for doubtful account $1,200

[To reinstate G. Herberger's account for partil recovery]

Oct 13 Cash $1,200

Accounts receivable-G. Herberger $1,200

[To record collection from G. Herberger]

Dec 15 Allowance for doubtful account $5,000

Accounts receivable-R. Clancy $5,000

[To write-off R. Clancy's account]

Dec 31 Bad debt expense [$2,346,000 x 0.8%] $18,768

Allowance for doubtful account $18,768

[To record allowance for doubtful accounts]

Requirement b:

Accounts Receivable $242,700

Less: Allowance for Doubtful accounts $19,168

Accounts receivable net $223,532

Calculations:

T-Accounts

Accounts receivable Allowance for doubtful account

$264,000 Beg. $16,500 Beg.

$2,346,000 $2,350,000 $7,500 $1,200

$1,200 $7,500 $4,800 $18,768

$4,800 $5,000

$1,200

$5,000

$242,700 End. $19,168 End.

4 0

3 years ago