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ella [17]
3 years ago
10

Russia and china are both rich in natural resources and human resources, and both countries have a solid level of capital. yet,

neither country is wealthy. the missing ingredient seems to be
Business
1 answer:
fredd [130]3 years ago
4 0

The missing ingredient as to why neither of the country is wealthy despite of its rich natural resources and human resources is the entrepreneurship. This process could be described as a way of starting or running a business in means of selling supplies to the consumers and for the beneficiary of the ones who started the business.

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Exchange of Stock for Asset On July 14, Peterman Corporation exchanged 1,000 shares of its $8 par value common stock for a plot
Blababa [14]

Answer:

the increase in additional paid in capital is $13,000

Explanation:

The computation of the increase in additional paid in capital is shown below:

= (Average price per share - par value of shares) × number of shares

= ($21 - $8) × 1,000

= $13 × 1,000

= $13,000

hence, the increase in additional paid in capital is $13,000

8 0
3 years ago
An advantage of using interchangeable parts is that they A. make it easier to repair machines.
mart [117]
<span>An advantage of using interchangeable parts is that they <em>are easier to work with.</em>


- Marlon Nunez</span>
6 0
3 years ago
Read 2 more answers
Cash investments made by the owner to the business are reported on the statement of cash flows in the
Julli [10]

Answer:

d. financing activities section

Explanation:

cash investment made by the owner and their withdrawals will be in the financing activities section

On the financing activities, the accounting does a detail ofthe origin of funds which paid for the assets. These funds could be from owners or lenders.

Therefore, the equity transactions are included in the financing activities sections

From the owner point of view, it is an investment. But, we must remember that the owner and te company are different entities. For the company it is financiation

6 0
3 years ago
Fixed costs remain constant at​ $450,000 per month. During​ high-output months variable costs are​ $300,000, and during​ low-out
FrozenT [24]

Answer:

High indirect-cost rate is $31.25

Low indirect-cost rate is  $115

Explanation:

It is noteworthy that the indirect cost-rate refers to the sum of variable cost per hour+fixed cost per hour

High indirect-cost rate=variable cost per hour+fixed cost per hour

High output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($300,000/24,000)=$12.5

fixed cost per hour =($450,000/24000)=$18.75

high indirect cost-rate=$12.5+$18.75=$31.25

Low output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($125,000/5,000)=$25.00

fixed cost per hour =($450,000/5,000)=$90

low indirect cost-rate=$25+$90=$115

3 0
4 years ago
Using the double declining depreciation method for an asset with a useful life of 7 years. What is the depreciation expense for
Nastasia [14]

Answer:

The depreciation expense for year 2 is $13,469

Explanation:

Computing the depreciation expense for year 1 is:

Depreciation expense = Asset cost / Number of useful life

= $110,000 / 7

= $15,714.28

Computing the depreciation expense for year 2 is as:

Asset cost for year 2 = Asset cost - Depreciation expense for year 1

$110,000 - $15,714.28

= $94,285.72

So, depreciation expense would be:

Depreciation expense = Asset cost for year 2 / Number of useful life

= $94,285.72 / 7

= $13,469

4 0
3 years ago
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