Answer:
imports exceed exports by $50 billion.
Explanation:
Calculation to determine how much imports exceed exports
Gross Domestic Product $1.2 trillion
Less Consumption ($690 billion)
Less Investment ($200 billion)
Less Government spending ($260 billion)
($1.2 trillion-$690 billion-$200 billion-$260 billion)
Then:imports exceed exports by $50 billion
Answer:
The boss is correct.
Explanation:
Under Sarbanes-Oxley Act, a rules-based approach to corporate governance and reporting is used. It is based on the view that companies must be
required by law (or by some other form of compulsory regulation) to comply with established principles of good corporate governance.
Except in the instances of exceptions provided in the act, company has no choice than to comply regardless of the cost implication because non-compliance is punishable under the act. Sometimes, it is called tick box approach
This is contrary to what is obtainable in a principled-based approach where allowance is given for explanation in the event of possible con-compliance.
The process of developing or being developed.
Answer:
The correct option is A
Explanation:
Transaction costs are the whole array of costs associated with selling, buying, transferring goods etc.
Transaction costs can be of different types which are:
- search costs
- monitoring costs
- Bargaining costs
- transfer costs etc.
Answer: The correct answer is B : a $5,000 decrease in cash, a $15,000 increase in notes payable, and a $20,000 increase in equipment, all entered on the same date.
Explanation: The option B is correct because we are accounting for a purchase of a piece of equipment. The options in the questions show that the purchase was partly through cash and partly through notes payable. Since that is the case, the appropriate entries should record a cash outflow (credit to cash to decrease it), increase in notes payable as a result (credit to notes payable to increase) and subsequently, increase in equipment (debit to equipment). <em>So, the total credits equal the total debit.</em>
<em />
