Answer:
an emerging business opportunity for several companies.
Explanation:
China is a developed nation with so many businesses that cut across the world. The country is filled with entrepreneurs who are constantly seeking to expand their horizons through collaboration with other nations.
Entrepreneurs who are seeking better ways to do business or the latest technologies to deploy in their businesses can benefit by collaborating with China.
Answer:
45.9%
Explanation:
The computation of the debt payment to income ratio is as follows:
Income = $3,800
And,
Debt payment is
= auto loan payment + student loan payment +mortgage payment + credit card payment
= $350 + $150 + $1200 + $45
= $1745
So,
Debt payment to income ratio is
= Debt payment ÷ income
= $1,745 ÷ $3,800
= 0.459
= 45.9%
Answer:
B) The Uzbekistan capital city of Tashkent has been a major market and trading place for centuries.
Explanation:
Option A is incorrect as Uzbekistan and Tashkent are not separate places, and Tashkent is famous for trading.
Option C is not correct because Tashkent has been the capital city of Uzbekistant, not only for a hundred years.
Option D is false because not each city of Uzbekistan is famous for trading.
Option B is correct because the capital city of Uzbekistan, Tashkent, has been famous for trading for centuries, which summarised the main sentence accurately.
Answer:
Jul 1,2020
Dr Cash 16,440
Cr Unearned Service Revenue 16,440
Dec 31,2020
Dr Unearned Service Revenue 2,740 (16,440*2/12)
Service Revenue 2,740
Explanation:
Preparation of journal entries
Based on the information given we were told that the company paid the amount of $16,440 to an insurance company called Tamarisk Insurance Co for a 3-year insurance policy which means that the transaction will be recorded as:
Jul 1,2020
Dr Cash 16,440
Cr Unearned Service Revenue 16,440
(To cash from 3 year insurance sold received from Dobbs co.)
Dec 31,2020
Dr Unearned Service Revenue 2,740 (16,440*2/12)
Service Revenue 2,740
(Service Revenue recognized for 6 months of 2020)
