In passive sentences , the subject receives the action verb . The most commonly used verb tenses for this form are present continuous and past continuous. For now let’s keep going with the present continuous
Based on information available, as measured in 2008, about 60 percent of U.S. trade and 60 percent of European business is intra-industry trade.
<h3>What is intra-industry trade?</h3>
The intra-industry trade is a term used in describing the commercial activities that involve the exchange of related products about the same industry.
The intra-industry trade is common in international markets where related features are exchanged between countries.
Based on the information released in 2008, the intra-industry trade takes a massive part of the USA and Europe trade, with 60 percent each.
Hence, in this case, it is concluded that intra-industry trade is a common phenomenon in the international market.
Learn more about Intra-industry trade here: brainly.com/question/8495793
Answer:
c. Debit supplies $100 & Credit Account payable $100
Explanation:
Preparation of Journal entry for for a $100 purchase of supplies on credit
Since we were told that the amount of $100 purchased of supplies was made on credit which means that the correct entry will be :
Dr Supplies 100
Cr Account payable 100
Answer:
E. $330 credit to allowance for doubtful accounts
Explanation:
With regards to the above, the adjusting entry on December 31st is computed as;
= [($15,000 - $1,500)× 0.1)]
= $135
1% of the balance less than 30days
= $1,500 × 0.1 = $150
Total = $45 + $135 + $150 = $330
Answer:
The monopolist's profit maximizing level of output and corresponding profit-maximizing price is found by equating its marginal revenue with its marginal cost, which is the same profit maximizing condition that a perfectly competitive firm utilizes in determining its equilibrium level of output. Therefore, as the price falls, the market's demand for output increases.
