Answer:
Journal Entry are given below
Explanation:
solution
Journal Entry are as
PERPETUAL INVENTORY SYSTEM
debit credit
(1) March 2, Merchandise inventory $800,000
Borst Company $800,000
( record Inventory purchase )
(2) March 6,
Borst Company $140,000
Merchandise inventory $140,000
( record goods return )
(3) March 12,
Borst Company (800000-140000) $660,000
Cash (800000-140000) ×98% $646,800
Merchandise inventory $13,200
(800000-140000)× 2%
( record goods return )
Answer:
B) 9.75 percent
Explanation:
Christina's net gains with this operation was:
- $148 in dividends
- 200 shares x ($70.25 - $62.30) = 200 x $7.95 = $1,590
total gain = $148 + $1,590 = $1,738
Christina invested 200 x $62.30 = $12,460
her nominal rate of return = $1,738 / $12,460 = 13.95%
if the inflation rate was 4.2%, then her real rate of return = 13.95% - 4.2% = 9.75%
Answer:
The United States can specialise in producing goods and services which capitalise on its competitive advantages.
Explanation:
Increased global trade opens the United States (U.S) to international markets. This allows businesses in the U.S to scale their operations so as to meet world demand. In doing so, these businesses may experience lower costs per unit due to increasing production capacity. This growth in operations could lead to increased competition from foreign businesses seeking to enter or operating in the U.S economy. Owing to this, higher levels of innovation and efficiency at firm level would be instituted so as to offer competitive prices.
$3,115,770 is the cost of goods sold for the company.
<h3>What are goods ?</h3>
In economics, "goods" are things that fulfill human needs and provide utility, such as to a customer buying a fulfilling product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished.
When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.
To learn more about goods from the given link:
brainly.com/question/12802278
#SPJ4
Answer:
$1,333,333.33
Explanation:
Exchange rates (Ps/$)3.50 4.50
New exchange rate (Ps/$)6.00
Less Exchange rate allowable (Ps/$)4.50
= (Ps/$)1.50
Shares of De Magistris' 0.75
Shares of Acuña's..0.75
Top of range 4.50
Add Share 0.75
=5.25
Let Assumed hat 6 months of imports will still be (Ps) $7,000,000
÷ Exchange rate for DeMagistris (Ps/$)5.25
= $1,333,333.33
