Answer:
Yes this is True because this conversion is used to capture the differences in cost of living between countries.
Explanation:
The journal entry is as follows
On February 1, 2020
Land Dr $36,400
To Common Stock $14,000
To Paid- in capital in excess of par value - common stock $22,400
(Being the common stock is issued for land)
The computation is shown below:
For common stock
= 2,800 shares × $5 per share
= $14,000
And, the remaining balance is credited to the paid in capital in excess of par value i.e $22,400
Answer:
The correct word for the blank space is: Target market.
Explanation:
The target market is the sector of the market that companies look forward to offering their goods or services. After segmentation analysis, firms determine their specific niche so they can specialize in manufacturing a product that will better match consumers' needs, thus, it is more likely they will purchase the product. Target marketing is based on the central Marketing Theory.
Answer:
D. $18,040
Explanation:
Given the above information,
Total revenue = Interest revenue + Service revenue
= $1,340 + $37,800
= $39,140
Total expenses = Depreciation expense + Insurance expense + Salary expense
= $1,800 + $2,300 + $25,100
= $29,200
Net income = Total revenue - Total expenses
= $39,140 - $29,200
= $9,940
Therefore,
Ending retained earning balance = Beginning retained earnings + Net income - Dividends
= $10,100 + $9,940 - $2,000
= $18,040
Answer:
considering the economy is stable it will expand the economy
Explanation:
The multiplier effect of the 100 public spending will be partially negate by the negative multiplier of the taxes.
100 x 1 /(1-0.7)
-100 x 0.7/(1-0.7)
100/0.3 - 70/0.3 = 30/0.3
The income will increase for 100
a portion of this increase will go abroad because is an open economy and the effect will be lower than 100 but the economy will expand.
