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irina [24]
3 years ago
9

A country that currently does not trade with other countries could benefit by a. not restricting trade. b. restricting both impo

rts and exports. c. promoting imports and restricting exports. d. restricting imports and promoting exports.
Business
1 answer:
Akimi4 [234]3 years ago
5 0

Answer:

The correct answer is letter "A": not restricting trade.

Explanation:

Hypothetically speaking a country that is not involved in any trading activity will not have to deal with restrictions. Besides, that country could focus on the specialization of domestic production. However, it is more than likely such a country will need the help of others in the attempt to satisfying the diverse needs of its inhabitants. Countries that prohibit exports and imports nowadays are <em>Cuba, North Korea, Iran,</em> and <em>Syria </em>just to mention a few.

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The typical result of monopoly is __________ prices and __________ output than we find in a competitive market.
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3 0
3 years ago
One potential drawback of just-in-time (jit) production is that
skelet666 [1.2K]

One potential drawback of just-in-time (jit) production is that the company would face disruptions in the supply chain if the supplier of raw materials could not deliver the required materials on time.

<u>Explanation:</u>

The management strategy that aligns raw-material orders from suppliers directly with production schedules. This strategy is employed in many companies to reduce the wastage and to increase the efficiency. It requires an accurate forecast of the demand by the production team of the firm so that the production requirements can be initiated accordingly.

In spite of all the advantages like reducing the inventory costs (like warehousing, etc.) or easily spotting production mistakes, great focus on quality, etc, this method also has the following disadvantages,

  • If the suppliers could not deliver the required materials on time, the entire production process will be stalled.
  • Natural calamities could also intervene in the flow of materials from the supplier side
  • Massive unexpected demands from the customer side cannot be managed.
3 0
3 years ago
On April 12, Hong Company agrees to accept a 60-day, 10%, $5,900 note from Indigo Company to extend the due date on an overdue a
frutty [35]

Answer and Explanation:

The Journal entry is here below:-

Accounts Payable Dr, $5,900

           To Notes payable $5900

(Being the note payable is recorded)

we are debited the accounts payable as it decreased the liabilities and we credited the notes payable as it increased the liabilities in order to do the correct journalizing and posting

5 0
3 years ago
chloe receives her first paycheck for working as a pretzel vendor. to which of the arrows does this transaction directly contrib
Elan Coil [88]

The arrows show how Chloe's first earnings from her job as a pretzel vendor will directly benefit C and D.

The correct option is B.

<h3>What exactly is a business transaction?</h3>

An executed contract between a seller and a buyer to exchange goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting.

<h3>What does an accounting transaction mean?</h3>

Any financial business event that has an impact on a company's financial statements is referred to as a transaction in accounting. Numerous items arrear numerous items that are transactions because transactions include occurrence that has a monetary impact on one's financial records.

<h3>What sort of transaction is that?</h3>

These four types of financial transactions are:

A. sales

B. purchases,

C . receipts,

D. payments.

To know more about financial transactions visit:

brainly.com/question/27501867

#SPJ4

Chloe receives her first paycheck for working as a pretzel vendor. To which of the arrows does this transaction directly contribute?

A. A only

B. C and D

C. C only

D. A and B

3 0
2 years ago
East Hill Home Healthcare Services was organized five years ago by four friends who each invested $10,000 in the company and, in
kotegsom [21]

Answer:

1. Was East Hill Home Healthcare Services organized as a sole proprietorship, a partnership, or a corporation?

East Hill Home Healthcare Services should be considered a closed corporation since there is a small number of stockholders and its shares are not traded in an open trade market.

2. During the current year, the records of the company were inadequate. You were asked to prepare the summary of the preceding transactions.

Since there is not enough room here, I used an excel spreadsheet.        

4. What amounts do you need? If some amount is missing, look at the attached PDF.

total assets = $870,000

total liabilities = $280,000

total equity = $590,000

current assets = $134,500

current liabilities = $100,000

5. Compute the current ratio for the current year

current ratio = current assets / current liabilities = $134,500 / $100,000 = 1.345

     

Download pdf
8 0
3 years ago
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