Answer: $449.53
When Shawna wrote a check for $23.77, the same amount was deducted from her bank account, decreasing her balance to $99.55. When she deposited two checks totaling $349.98, the amount was added, making her new balance increased to $449.53.
Answer:
- $88,000 gain in dollars
- €0 gain (loss) in Euros
Explanation:
Last year, the value of the inventory in dollars was;
= 440,000 * 1.12
= $492,800
This year with the new exchange rate this value has gone to;
= 440,000 * 1.32
= $580,800
The Gain (loss) in dollars is;
= Current value - Last year value
= 580,800 - 492,800
= $88,000
The value of the Euro both last year and this year is still €440,000 so the change is gain is €0.
Answer:
November 27 Debit Credit
Bank $15,750
(15,000+15,000*10%*180/360)
Accrued interest income $125
Interest income $625
Note receivable from customer $15,000
Explanation:
The following journal entry shall be booked by the Louvers, Inc. in its accounts as at November 27 in respect of note from customer:
November 27 Debit Credit
Bank $15,750
(15,000+15,000*10%*180/360)
Accrued interest income $125
(Interest receivable recorded at June 30)
Interest income $625
(Interest income from June 30 to November 27)
Note receivable from customer $15,000
If ever the attention-getter isn’t able to establish the manufactured
goods, the service or scheme, it must lead logically to the introduction. It is
called being Cohesive. Being cohesive is the extent wherein the team members
remain united in pursuing a common goal for the business.
Answer:
Section 1..... Italy has a comparative advantage in the production of shoes, and Austria has a comparative advantage in the production of fish.
Section 2.... 5 pounds of fish, ; 1/10 pairs of shoes
Section 3..... A and C.
Explanation:
The comparative advantage is known to be a term that is in use in the economic world,where a country or company has the ability of producing goods at extremely lower cost compared to that of its partners or competitors.
This is very important because, the country or company will be able to produce its goods by making use of fewer resources.
And thereby gives the country or company an edge in selling its goods at a reasonable lower price when compared with that of its competitors.
In this case, it is summarized or concluded that, Italy has a lower opportunity cost of producing shoes. So, Italy has a comparative advantage in shoes and Sweden has a comparative advantage in fish.
