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4 years ago

Which is an important industry in Argentina? aerospace ship building railroad motor vehicles

2 answers:

6 0

The answer is motor vehicles industry

Argentine is one of the major motor Auto parts manufacturer in the world. Argentine has manufactured more then 50 Brands of automobiles, and in this country, Almost 10 % of its Gross industrial value came from Automotif Industries

dem82 [27]4 years ago

6 0

Motor Vehicles is the answer I got a 100% on the test!

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Concord Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at

Alika [10]

Answer:

Explanation:

The journal entry is shown below:

Unrealized holding gain or loss A/c Dr $45,500

To Estimated liability on purchase commitments A/c $45,500

(Being the unrealized gain or loss is recorded)

The computation of the unrealized gain or loss is shown below:

= Purchase price of raw material - market value

= $1,024,100 - $978,600

= $45,500

5 0

3 years ago

The following information is for Hulk Gyms' first year of operations. Amounts are in millions of dollars. The enacted tax rate i

garik1379 [7]

Answer:

Explanation:

Year Future Taxable Amounts Future Amounts

2021 2022 2023 2024 2025 Total

Accounting income $124

Temporary difference:

Prepaid insurance (28 ) $7 $7 $7 $7 $28

Taxable income $96

8 0

3 years ago

Akram owns a small farm. He employs 80 workers in the field and has recently hired a manager to help him manage the farm. The in

topjm [15]

Complete Question:

Akram owns a small farm.He employs 80 workers in the field and has recently hired a manager to help him manage the farm. The income of the business varies greatly during the year. The farm makes a small profit but Akram is ambitious. He wants to take over a neighbors farm and increase the range of crops he sells. He thinks that he needs long-term finance and plans to take out bank loan to pay for the takeover. He has already borrowed money to buy a new tractor. A friend has advised him to form a company and sell shares.

Requirement. Identity two types of short-term finance Akram could use when the farm income is low

Answer with its Explanation:

The two types of short term finances are as under:

Merchant Cash Advance: It is also known as supplier payables but in fact it is actually an cash advance by supplier to promote its sales by allowing credit for a short term. It doesn't what level of profits the company is earning, the supplier always allow small period for payment of its goods.
Invoice Financing: It helps the company borrow money from money lenders (mostly banks) against the debtors accounts. This is usually a short term loan with option to expand both time and money if the company has proven to growth and better credit control. The invoice finacing doesn't effect the borrowings in short term if the business profits are low because for qualifying for such loan the company must have better cash postion. Though higher profits might help in securing the short term loan by using invoice financing but cash generation is the key requirement here.

4 0

3 years ago

Momentum Rollerblades has three product lines: D, E, and F. The following information is available:

Mila [183]

Answer:

Operating income will increase by $16,000. This is not given as one of the options.

Explanation:

The difference between the sales and variable expense gives the contribution margin. The contribution margin net the fixed cost gives the operating income or loss.

D E F

Sales revenue $90,000 $40,000 $30,000

Variable costs ($40,000) ($10,000) ($10,000)

Contribution margin $50,000 $30,000 $20,000

Fixed costs ($10,000) ($5,000) ($25,000)

Operating income (loss) $40,000 $25,000 ($5,000)

The total operating income is

= $40,000 + $25,000 + ($5,000)

= $60,000

Should the fixed costs of F be eliminated, the operating income/(loss) of F

= $21,000 - $5,000

= $16,000

This is the net increase in the total operating income.

7 0

3 years ago

If you were to take over as inventory control manager at wheeled coach, what additional policies and techniques would you initia

alexgriva [62]

The inventory control manager at Wheeled Coach would need to have ABC investigation as well as actualize tight physical control of the stockroom. He would likewise execute a cycle tallying framework, and guarantee that issues require building change sees for those things not at first included on the bill of material. To the degree attainable, stockrooms would be united.

6 0

3 years ago