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Sonja [21]
3 years ago
7

What famous economist developed the principle of comparative advantage as we know it today?

Business
1 answer:
andreyandreev [35.5K]3 years ago
8 0
Adam Smith was the first who alluded to the concept of comparative advantage. This concept has later been elaborated by David Ricardo.
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On August 31, 2018, the general ledger of The Dean Acting Academy shows a balance for cash of $7,904. Cash receipts yet to be de
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Answer:

Não Sei muito Bem mas sei que ganho muito dinheiro com meu site:  https://fazerdinheiroonline.net.br/ganhar-dinheiro-na-internet/

Explanation:

Aprenda Como ganhar Dinheiro na Internet aqui mesmo

8 0
3 years ago
What is one way we know about what accounting in the ancient world was like?
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Answer:

b

Explanation:

7 0
2 years ago
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In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in?
Dafna1 [17]

In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in cash.

<h3>What is cash in a bank in accounting?</h3>
  • Cash in Bank refers to the current balance in checking or savings accounts or other accounts of a similar nature held in the name of the company or business requesting the certificate. Do not include amounts from personal bank accounts or retirement accounts.
  • Every month, the bank will normally send the account holder an official bank statement that lists all of the transactions that occurred on the account that month. Account information can be found on bank statements, including account numbers and a thorough list of deposits and withdrawals.
  • There are three different forms of accounting transactions based on the exchange of money: cash transactions, non-cash transactions, and credit transactions.

In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in cash.

To learn more about bank accounts, refer to:

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8 0
1 year ago
Arbor Corporation reports the following: Sales revenue $183,000; ending inventory $12,600; beginning inventory $15,600; purchase
spin [16.1K]

Answer: Cost of goods sold = $62500

Explanation:

Given that,

Sales revenue = $183,000

Ending inventory = $12,600

Beginning inventory = $15,600

purchases = $64,000

purchases discounts = $4,000

purchase returns and allowances = $1,500

freight-in = $1,000

freight-out = $500

Cost of goods sold = Beginning inventory + purchases - purchases discounts - purchase returns and allowances + freight-in - Ending inventory

= $15,600 +  $64,000 - $4,000 - $1,500 + $1,000 - $12,600

= $62500

4 0
3 years ago
What is the real advantage to a franchise? They already have all of their signs and menus prepared. When a company is able to of
11111nata11111 [884]

Answer:  When a company is able to offer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base, as well.

A franchise is a kind of a license which allows the party who acquires it (franchisor) access to an business' (franchisor's) proprietary knowledge and processes  in order to sell products or provide services under the franchisor's name.

A franchisee associates itself with a well proven business model and gains access to the franchisor's customer base. Additionally, the franchisor provides  assistance by training the franchisee and his personnel to provide a uniform product or service experience to customers across all the stores.

All these factors help in eliminating business risk and this constitutes a real advantage to a franchise.

6 0
3 years ago
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