3 years ago

In order to create more wealth and provide better services, some nations recognize that

1 answer:

7 0

In order to create more wealth and provide better services, some nations recognize that A GOOD STRATEGY IS TO MINIMIZE INTERFERENCE WITH THE FREE EXCHANGE OF GOODS AND SERVICES.
Free exchange of goods and services will enhance the economic growth of a nation.

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Bay Manufacturing Co. purchased a 3-month U.S. Treasury bill. In preparing Bay's statement of cash flows, this purchase would:A.

Lesechka [4]

Answer:

A. have no effect.

Explanation:

The US Treasury Bill was purchased at short-term

So it would not affect the company's cash balance.

The rule for short-term invstment is to have litle risk

and a mature of less than 90 days

the US TB fullfil both, it has no risk and matures within 90 days It is considered a cash equivalent.

7 0

3 years ago

Last year, your company had sales of $3.6 million, cost of goods sold of $2.3 million and operating expenses amounting to $840,0

atroni [7]

Answer:

The firm's tax payment is $ 102,200

Explanation:

Sales 3,600,000

Cost of goods sold. (2,300,000)

Gross profit. 1,300,000

Other operating exp. (840,000)

Depreciation expenses. (114,000)

Interest expense

625,000 × 8%. (50,000)

Gain on investment 30,000

Income before taxes. 326,000

Tax expense 31.34% × 326,000

Firm's tax payment is therefore $102,200.

6 0

3 years ago

Significant change in the age structure of a population is one example of the impact of the firm's ________.

Margarita [4]

Managing the marketing function should begin with a thorough situation analysis of the firm's internal and external environments, including company strengths, weaknesses, opportunities, and <span>threats.

Hope this answers the question. Have a nice day.</span>

8 0

3 years ago

An accrual refers to an event where the: 31)

Nesterboy [21]

The answer is c......

3 0

3 years ago

Debts and obligations of a business are referred to as:.

sertanlavr [38]

Answer:

Liabilities

Explanation:

Liabilities are the debts and obligations that a business owes.

4 0

2 years ago