Answer:
Explanation:
After a careful consideration, the memo is good enough but need some of initial mistakes to be corrected, while revising the Memo I identify three things that shouldn't be improve. See below:
● The main reason for writing the memo.
● The audience for the memo.
● The objective tone.
Hope this helps you out. Looking forward for the good one.
Answer:
The insurance expense for the period is $ 510
Explanation:
The insurance premium paid in advance for 2 years period is $ 4,080 and debited to prepaid insurance
The monthly insurance expense for insurance would be $ 4,080/ 24 months
$ 4,080 / 24 = $ 170 per month
The period of benefit for the insurance is from October to December so it is 3 months.
the insurance expense for the period is $ 170 per month * 3 months = $ 510
Answer:
From the countries point of view with the weaker currency, their goods are relatively cheaper to other countries, and other countries goods are relatively more expensive to this country (Say Country A) as they have a weaker currency.
From the point of view of Country B, with a stable currency, Country A's goods are relatively cheaper because they have a weaker currency.
Due to this scenarios, Country B will export less to Country A than import because Country B will be buying more of Country A's product as it is relatively cheaper. It will export less to Country A because Country B's products are relatively more expensive to Country A due to their weak currency.
Answer:
On average the firm issued shares at $15 dollars each
Explanation:
the treasury stock are purchased at the market price which is not the same as the issuance price thus, we ignore it.
the company issued 33,600 shares with par value of $10
from which it has $168,000 additional paid-in
In total: 33,600 x $10 = 336,000
<u> + 168,000 </u>
Total paid-in 504,000
504,000 / 33,600 = <em>$15</em>
