Answer:
The balance of the cash account after these transactions were posted is $45,200
Explanation:
cash balance after these transaction = Cash Investing in Shop - Paid cash for receptionist salary + Receive cash from sale of frame
= $41,900 - $3,100 + $6,400
= $45200
Therefore, The balance of the cash account after these transactions were posted is $45,200
Marginal cost will boost add up to benefit by expanding benefit for each gathering independently.
The expansion or diminishing in the aggregate cost of a generation keep running for making one extra unit of a thing. It is processed in circumstances where the breakeven point has been achieved: the settled expenses have just been consumed by the as of now created things and just the immediate (variable) costs must be represented.
Answer:
Companies enters the foreign market through several tactics. But it has both advantages and disadvantages in doing so.
Explanation:
If there are opportunities in the foreign of the goods and a good market prospects, one can invest and expand his or her business in the foreign market. However, there are some difficulties in entering a new market in other countries which may include new competition in the market as well adapting a new environment regulatory.
Some of the ways by which one can enter the foreign market are License agreement, joint ventures, online sales of product, purchasing some of the foreign assets, etc.
The advantages are :
-- Selling products online is a low cost method. It is more convenient than having a physical asset in the foreign land.
-- Cost of establishment is saved.
The disadvantages are :
-- The freight cost will be high to and from the country.
-- There will be no direct control and one will be reliable on the association.
-- The potential country may have some strict rules and regulations for business contracts, franchises, licenses or partnerships, etc.
<span>The statement is
false. The double taxation should not be a problem if it occurs because
households pay taxes on dividends and capital gains from stock and corporations
pay taxes on corporate profits. It is a normal process the government performs
when there is the passing of various tax laws.</span>
Answer:
c. $34,575
Explanation:
Data provided in the question
Accounts receivable = $44,890
Accounts payable = $6,405
Cash = $16,070
Common stock = $42,500
Long-term notes payable = $20,600
Merchandise inventory = $28,475
Salary Payable = $28,170
Retained earnings = $50,465
Prepaid insurance = $2,365
So, The computation of the current liabilities are as follows
= Accounts payable + salary payable
= $6,405 + $28,170
= $34,575
Therefore, the current liabilities only includes the account payable and the salary payable.
