Answer:
The amount of its liabilities is 280000
Explanation:
In a business balance we can see the following accounting equation
liabilities + owners' equity= assets
liabilities = assets -owners' equity
liabilities = $700,000-$420,000
liabilities = $280,000
Answer:
$7million understated
Explanation:
Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.
Answer: When a firm is operating in a perfectly competitive labor market: <u>"the firm can buy as much or as little labor as it wants at a fixed, going wage rate."</u>
Explanation:
1- "the wage the firm increases with the number of workers hired" - Is incorrect because The salary paid by the company is treated as a constant salary.
2- Correct.
3- "the firm’s marginal expense of labor (MEL) equals the cost of all workers hired." is incorrect because the firm’s marginal expense of labor (MEL) is equal to the salary (wage) rate.
The theme of the poem is about the Bravery of the military unit .hence choice 1 is correct.
<h3>What is the summary of The Charge of the Light Brigade?</h3>
An emotional poem, The Charge of the Light Brigade, both honors and mourns the battle's action. The concept of the valiant and gallant British soldier—one whose moral obligation was to fight for justice—emerged during the Crimean War.
Tennyson honors a military unit's bravery for charging the enemy despite insurmountable odds: they are "six hundred" against an "army."
Hence the appropriate answer is Bravery.
Learn more about The Charge of the Light Brigade:
brainly.com/question/1343588
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Answer: International business
Explanation:
The international business is the term that is refers to the trade of the various types of products, technology and the services at international level.
The internal business encompasses all the activities as it is promoting the various types of ideas about the resources, products, revenue and the technologies across the international boundaries.
According to the given question, the international business is basically acquired the various types of resources from the other countries easily and more efficiently.
Therefore, International business is the correct answer.
