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love history [14]
3 years ago
13

The 151 member governments of the World Bank are expected to increase the bank's funding by $75 billion, though some United Stat

es legislators cite an obstacle to congressional passage being the concern that the bank's loans will help foreign producers compete with American businesses.

Business
1 answer:
Sonja [21]3 years ago
6 0

Answer:

The correct option is option C from the below options.

Explanation:

As the question was not complete, the complete question is found online and is attached here with.

Also the options are not given which are as below:

(A) an obstacle to Congressional passage being the concern

(B) a concern as an obstacle to Congressional passage

(C) as an obstacle to Congressional passage the concern

(D) the concern, an obstacle to Congressional passage,

(E) as an obstacle for Congress to pass it the concern

Option A is incorrect as it is not an obstacle.

Option B is incorrect as it is not a concern to an obstacle

Option C is correct as the issue is acting as an obstacle.

Option D is incorrect as the two phrases are not being related.

Option E is incorrect as the concern and obstacle are not correlated.

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fiasKO [112]

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Explanation:

The accountants are valuable to the organization because they monitor the monetary information that concerns the firm, they handle how cash come in and keep track of how they are spent, all these makes them valuable even to the extent of auditing information as regarding the firm. Managers might understand financial information either based on how they monitor what occurs in the organization or what they learnt in from college. But it's unsafe for the managers to handle financial situation without the aid of a professional accountant.

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Hyper Tech employees were told to attend an upcoming mandatory meeting at which the CEO would be making an important announcemen
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4 years ago
Ted's new company is experiencing a steady decline in profit. He needs external financing to prevent his company's profits from
Degger [83]

Answer:

False

Explanation:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Viết một bài luận với chủ đề: Hệ thống thông tin logistics là một trong những chủ đề lớn được các doanh nghiệp sản xuất và logis
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3 years ago
Bergamo Bay's computer system generated the following trial balance on December 31, 2017. The company's manager knows something
Kruka [31]

Answer:

Bergamo Bay's Computer System

a) Revised Trial Balance on December 31, 2017:

                                                                   Debit                   Credit

Cash                                                          $32,000

Accounts receivable                                   44,000

Raw materials inventory                             13,600

Work in process inventory                        47,400

Finished goods inventory                           9,000

Prepaid rent                                                 3,000

Accounts payable                                                                    $9,900

Notes payable                                                                          12,900

Common stock                                                                        30,000

Retained earnings                                                                   82,000

Sales                                                                                       182,200

Cost of goods sold                                102,000

Factory overhead                                   25,000

Operating expenses                               41,000

Totals                                                   $317,000                $317,000

b) Balance Sheet as of December 31, 2017:

Assets:

Cash                                                      $32,000

Accounts receivable                               44,000

Raw materials inventory                         13,600

Work in process inventory                     47,400

Finished goods inventory                       9,000

Prepaid rent                                             3,000

                                                          $149,000

Accounts payable                                 $9,900

Notes payable                                       12,900

Common stock                                     30,000

Retained earnings                                96,200

                                                          $149,000

c) Income Statement for 2017:

Sales                                                                $182,200

less Cost of Goods Sold              102,000

less Factory Overhead                 25,000       127,000

Gross Profit                                                       55,200

Less Operating Expenses                               <u> 41,000</u>

Net Income                                                      14,200                              

Explanation:

a) Prepared Trial Balance on December 31, 2017:

                                                                       Debit                   Credit

Cash                                                          $66,000

Accounts receivable                                   44,000

Raw materials inventory                            27,000

Work in process inventory                          0

Finished goods inventory                           9,000

Prepaid rent                                                 3,000

Accounts payable                                                                    $9,900

Notes payable                                                                          12,900

Common stock                                                                        30,000

Retained earnings                                                                   82,000

Sales                                                                                       182,200

Cost of goods sold                                102,000

Factory overhead                                   25,000

Operating expenses                               41,000

Totals                                                   $317,000                $317,000

b) Raw Materials Inventory

As per Trial Balance                           $27,000

less Job 402 materials                         (4,300)

less Job 404 materials                         (7,300)

less indirect materials                          <u> (1,800)</u>

Adjusted Raw Materials Inventory  $13,600

c) Work in Process:

As per Trial Balance                 $0

add Job 402 materials              4,300

add Job 404 materials              7,300

add indirect materials                1,800

add Job 402 labor                    7,000

add Job 404 labor                    5,000

add indirect labor                     4,000

Work in Process Overhead    <u>18,000</u>

Adjusted Work in Process  $47,400

d) Cash Balance:

As per Trial Balance               $66,000

Work in Process Labor            (16,000)

Work in Process Overhead     (18,000)

Adjusted Cash balance         $32,000

e) Retained Earnings          

 Opening Balance  $82,000

  add Net Income      14,200

Ending Balance    $96,200      

3 0
3 years ago
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