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worty [1.4K]
3 years ago
13

Match each trade organization or agreement with its description.

Business
1 answer:
Dominik [7]3 years ago
8 0

Answer:

1. World Trade Organization

2. North American Free Trade Agreement

3. The European Union

Explanation:

a. World Trade Organization (WTO): Oversees trade agreements among over 150 member nations and arbitrates trade disagreements among member countries. The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world. It was established officially on the 1st of January, 1995.

b. North American Free Trade Agreement (NAFTA): Created a free-trade zone consisting of the United States, Canada, and Mexico with the purpose of eliminating trade barriers between these countries. It officially became effective on the 1st of January, 1994.

c. The European Union (EU): An agreement between over 25 nations, which abolished tariffs among member countries and standardized policies on agriculture, transportation, and business practices. It was established officially on the 1st of November, 1993. Some of its member countries are Sweden, Italy, Germany, Portugal, Croatia, Russia, France, Spain, Netherlands etc.

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Splish Company purchased a computer for $9,920 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life an
BartSMP [9]

Answer:

$2914

Explanation:

The following steps would be taken to determine the answer

1. Calculate depreciation expense given the initial information  

2. calculate the accumulated depreciation by the second year. Accumulated depreciation is sum of depreciation expense

3. subtract the accumulated depreciation from the cost price of the asset. This would give the book value  

4. calculate the depreciation expense using the new information and the book value

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($9,920 - $1240) / 5 =  $1736

Accumulated depreciation = 1736 x 2 = $3472

Book value at the beginning of 2021 = 9920 - 3472 = $6448

Depreciation expense in 2021 = (6448 - 620) / 2 = $2914

5 0
3 years ago
Ariana withdrew $400,000 out of her personal savings account and used it to start her new Internet cafe. The savings account pay
Vikki [24]

Answer:

The Ariana's accounting profit for the year was $6,000

Explanation:  

Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.

Where,

Total revenues includes sales revenues

And total cost includes monetary cost, etc.

So,

Accounting profit = Total revenues - Total cost

where

Total revenues = 2,000 × $2.5 + 4,000 ×$2.5 = $15,000

Monetary cost = $9,000

So,

Accounting profit = $15000 - $9000 = $6,000

Hence, the Ariana's accounting profit for the year was $6,000

7 0
3 years ago
Which file should you edit to limit the amount of concurrent logins for a specific user? (tip: enter the full path to the file.
saul85 [17]

Use /etc/security/limits.conf file to limit amount of concurrent logins for a specific user.

Use the /etc/security/limits.conf record to restrict aid use for all packages. That is from the pam_limits module of the Plugable Authentication Modules (PAM) module set. Entries in /etc/security/limits.conf comprise the subsequent: Entity type limit value.

A pluggable authentication module (PAM) is a mechanism to combine multiple low-level authentication schemes right into an excessive-stage Application programming interface (API). PAM allows applications that depend on authentication to be written independently of the underlying authentication scheme.

A module is a software program component or a part of an application that includes one or greater routines. One or more independently developed modules make up an application. A company-level software application may contain numerous one-of-a-kind modules, and each module serves unique and separate business operations.

Learn more about the Application programming interface here brainly.com/question/12987441

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3 0
1 year ago
Hello. My name is Eric! I'm looking for some advice on what type of investments to consider. I'm 53, my kids are through college
lukranit [14]

Answer:

donate it to a charity.

Explanation:

6 0
3 years ago
Tobin inherited 100 acres of land on the death of his father this year. A Federal estate tax return was filed and the land was v
sweet [91]

The basis of Tobin's land was stepped up or down to the fair market value, and that value was $3,00,000.

<h3>What is inherited property?</h3>

When a death happens in a year, the ground of the property is travelled up or downbound to the fair market value on the day of death if there is an inheritance case.

The process of property to a successor or heirs upon the death of the owner, often known as succession. The term “inheritance” besides refers to the property.

Tobin has inherited a property from his father, that died in the present year, and the sightly market value on the date of death, according to the federal estate tax return, is $3,00,000. Tobin's basis in land is $3,00,000.

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8 0
2 years ago
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