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Anton [14]
3 years ago
15

Final project – part v: global economic crisis speech discuss one or more of the economic systems and how they are impacted by a

nd/or contributing to the economic crisis
Business
1 answer:
Veseljchak [2.6K]3 years ago
7 0
<span>capitalist economy is a private sector driven whereby all inputs of production is owned by private individuals or organizations. This economic system supports liberal markets and open economy which is subject to international trade relations.This as a result makes the individual system vulnerable to economic crisis as there is only one acceptable global monitory instrument which is highly volatile and can lead to economic crisis if there are not enough individual nation's monetary and macro economic policies.</span>
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Lani Co. uses the allowance method to account for bad debts. At the end of the year, their unadjusted trial balance shows an acc
Vlada [557]

Answer:

D. $12,400

Explanation:

Use the following formula to calculate the Bad debt expense for the period

Bad debt expesne = Debit balance of Allowance account + Allowance for the period

Where

Debit balance of Allowance account = $400

Allowance for the period = Account receivables x percentage of allowance = $1,200,000 x 1% = $12,000

Placing values in the formula

Bad debt expesne = $400 + $12,000

Bad debt expesne = $12,400

3 0
3 years ago
Which nims management characteristic helps to eliminate confusion.
goldfiish [28.3K]
Answer:Chain of command and unity of command help to ensure clear reporting relationships exist and eliminate the confusion caused by multiple, conflicting directives

7 0
2 years ago
Owners' liability ________ limited to the amount they invested in the firm. Stockholders __________ are not are responsible for
Alex17521 [72]

Answer:

Owners' liability is limited to the amount they invested in the firm. Stockholders are not are responsible for any encumbrances of the​ firm; in​ particular, they cannot can be required to pay back any debts incurred by the firm.

Explanation:

<em>The phase is the definition of the term limited liability.</em>

Limited Liability is the salient feature of a corporation.  It protects the shareholders and properties in the event of a dissolution. The limited liability feature has given many investors confidence to invest in companies and corporations. The risk of the investor is restricted to the level of his or her investments in the company.

Should the company collapse, shareholder's properties are protected and cannot be used to settle any debts that the assets of the company cannot pay. As such, businesses can raise capital with ease from different categories of investors.

7 0
3 years ago
Alice's pasta kitchen makes quality pasta and sells its products to customers in other countries. this is an example of ___
ololo11 [35]
<span>Exporting. Exporting means sending goods or services produced in one country to another country. This is usually carried out with the intention of boosting revenue. Alice, in this instance, is referred to as an exporter; Exporting has a direct influence on a country's economy including but not limited to improving untapped markets, lower unit cost, minimising the effects of seasonal fluctuations in sales and many more.</span>
8 0
3 years ago
As energy costs continue to rise, power efficiency is increasingly important. Acme Chemical is evaluating 2 different electric m
astra-53 [7]

Answer:

The answer is below

Explanation:

For motor A, efficiency = 75%= 0.75 hence:

Operating\ cost\ of\ motor\ A=\frac{75\ hp}{0.75} *\frac{0.746\ kW}{hp}*\frac{\$0.16}{kWh}  *\frac{8\ hr}{day}*\frac{365\ days}{year} \\\\Operating\ cost\ of\ motor\ A=\$34853

Total cost for motor A = operating cost + purchase cost = $34853 + $3200

Total cost for motor A = $38053

For motor B, efficiency = 85% = 0.85

Operating\ cost\ of\ motor\ B=\frac{75\ hp}{0.85} *\frac{0.746\ kW}{hp}*\frac{\$0.16}{kWh}  *\frac{8\ hr}{day}*\frac{365\ days}{year} \\\\Operating\ cost\ of\ motor\ B=\$30753

Total cost for motor B = operating cost + purchase cost = $30753 + $5900

Total cost for motor B = $36653

Therefore motor B is more economical since it has a lesser total cost

7 0
3 years ago
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