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3 years ago

An economy that is based on mining or producing raw materials to be used in foreign industries is called

Business

2 answers:

pogonyaev3 years ago

8 0

Answer:

An extractive economy

Explanation:

An Extractive economy can be defined as a resource based economy that is based on mining or producing raw materials to be used in foreign industries. This natural resources can be exported for sale in other foreign countries which help to boost economy, growth and development.

nataly862011 [7]3 years ago

7 0

Answer:

An extractive economy

Explanation:

A country that largely relies on the natural resources or the resources that it produces with little or no processing is often referred to as an extractive economy. All of the countries were mostly extractive economy before the first industry revolution. After some every country realized that the finished goods have greater profits than the raw materials with little or no processing. So we see countries like oil exporters investing in other industries because of bulk of cash reserves.

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Which of the following home purchasing considerations will probably affect older homebuyers the least ?

lesya [120]

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3 years ago

The PBO is increased by:

S_A_V [24]

Answer:

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3 years ago

Kingbird, Inc. assembled the following information in completing its March bank reconciliation: Balance per bank $21800 Outstand

igomit [66]

Answer:

Kingbird will have an Updated Cash Balance of $21,800

Explanation:

First Step is to Update the Bank Balance in the Cash Book

Debit :

Cash Balance before adjustment $25,080

Dishonored Cheques $460

Totals $25,540

Credit:

Bank service charge $145

Balance as per updated Cash Book $25,395

Totals $25,540

Then Prepare a Bank Reconciliation Statement

Bank Reconciliation Statement

Balance at Bank as per Cash Book $25,395

Add Unpresented Cheques $7,150

Less Lodgements not yet credit ($4,425)

Balance as per Bank Statement $21,800

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Kingbird will have an Updated Cash Balance of $21,800

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3 years ago

Call Systems Company, a telephone service and supply company, has just completed its fourth year of operations. The direct write

shepuryov [24]

Answer:

Year Sales Written Off Accounts

Year of Origin

Uncollectible 1 2 3

1st $ 900,000 $4,500 $4,500

2nd 1,250,000 9,600 3,000 $6,600

3rd 1,500,000 12,800 1,000 3,700 $8,100

4th 2,200,000 16,550 1,500 4,300 $10,750

Year Bad Debt Expense

Expense Actually Expense Increase Balance of Allowance

Reported Estimated (Decrease) Account Year End

1) $4500 $ 9000 $4500 $ 4500

2) $ 9600 $12500 1900 $ 6400

3) $12800 15000 2200 $ 8600

4) 16550 22000 5450 14,050

Explanation:

The actual write off accounts originating in the years were

1) ( $ 4500+ $ 3000+ $ 1000+ $ 1500)= $ 9500

2) ( $ 6600+ 3700+ 4300) = $ 14600

3) ($ 8100+ $ 10,750)= $ 18,850.

Only the first year written off accounts are close to expense if it would have been calculated to 1% of sales ( 1% of $ 900,000) = $ 9000

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3 years ago

When a manager uses__________ to increase motivation, the manager is seeking to change job characteristics, such as the skill in

Alik [6]

Answer:

Work redesign.

Explanation:

Work redesign occurs through a process of reviewing, reviewing, and reorganizing work-related activities, when there is a need to restructure work-related tasks and responsibilities, with the goal of streamlining organizational processes as well as making work more encouraging from the perspective of employees, that is, there is the readjustment of the employee to perform a job that is more compatible with their skills, which consequently increases their motivation and productivity.

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3 years ago