Answer:
A.Economic integration
Explanation:
Economic Integration is a trade agreement that exists among countries within the same geographic location which includes reduced or removing tariffs and other trade barriers so that there will be free flow of certain goods and services coupled with other factors of production within the region. This is important because it helps to reduce the cost involved in trade and making goods and services available within member state. This agreement is also known as regional integration because it exist between nations in the same region. For example economic integration between West African States.
Answer:
Sales Discounts 190 debit
Allowance for Sales Discounts 190 credit
Explanation:
From the current accounts receivable, the company has 10,000 within discount period and t expect the customer will take them so:
10,000 x 2% = 200 expected discount
currenly the accouting balance for the expected discount is 10 so:
200 - 10 = 190 allowance for sales discounts adjustment.
Remember we do this adjustment to match the expenses or discount withthe period they are generated. Not doing so, will imput discount to the next period for transaction which occurs in the current one.
Answer:
a. Fishbone Diagram
Explanation:
The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.
The steps involved in the problem-solving process are;
1. Identify and define the problem.
2. Gathering of information.
3. Consider your options.
4. Weigh disadvantages and evaluate a solution.
A Fishbone diagram is also referred to as Ishikawa diagram and it can be defined as a cause and effect diagram that is typically used by managers to identify possible reasons for failure, defect, variation, imperfection, so as to discover the root cause of a problem and proffering the right solution. It was designed and developed by Professor Kaoru Ishikawa in the 1960s.
Cause and effect can be defined as the relationship between two things or events in which an occurrence one (cause) leads to the occurrence of another (effect).
Hence, the following exchange "We pay higher costs than we need to when we go bowling because we don’t own our own equipment." demonstrates the Fishbone diagram.
Answer:
$130,000
Explanation:
For determining the additional life insurance required first we need to follow some steps which are shown below:-
Step 1
Total needs = Cash needs + Income needs + Special needs
= $30,000 + $140,000 + $100,000
= $270,000
Step 2
Total assets held = Bank accounts + Retirement plans + Investment accounts
= $20,000 + $30,000 + $40,000
= $90,000
Step 3
Total amount of life = $270,000 - $90,000
= $180,000
and finally
Additional life insurance required =
The Total amount of life - Life insurance provided by the employer
= $180,000 - $50,000
= $130,000
16% is the answer.
<u>Explanation:</u>
<u>The following is used in order to calculate the cost of the retained earnings.
</u>
The Calculation of cost of retained earnings by using bond yield plus the risk premium method
= Long term bond yield + the risk premium
The Long term bond yield = 12 percent
The risk premium = 4 percent
Cost of retained earnings = 12 percent plus 4 percent = 16 %
Therefore, the correct option will be with the 16 percent
.
