Answer:
That's because as a country's economy grows, the amount of revenue a government can spend to pay its debts grows as well. In addition, a larger economy generally means the country's capital markets will grow and the government can tap them to issue more debt.
Explanation:
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Answer:
The value of the intangible will remain at $350,000
Explanation:
The reason is that the International Accounting Standard IAS-36 says that once the impairment is recognized for the intangible assets it can not be reversed which means that the amount reported would be $350,000. The reason is that it is very rare that the asset gain its value and specially those which are intangible assets. Most of the management in the 1990s-2000 tried to recognize a gain on impairment which was unjustifiable to increase their profits for the period so the standard specifically didn't permitted gain on a previously impaired asset.
A weaker Yuan against the US dollar makes Chinese exports cheaper, increases demand, and makes US exports to China more expensive, thereby reducing the demand for US exports.
<h3>What is international trade?</h3>
International trade is the global exchange of goods and services among countries of the world, involving the use of the foreign exchange.
The three types of international trade are:
- Export Trade
- Import Trade
- Entrepot Trade.
Thus, by manipulating the Yuan, the Chinese government ensures that it has a more competitive advantage over the United States in international trade.
Learn more about Chinese Yuan Manipulation at brainly.com/question/27858412
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D. The willingness of stores and merchants to accept electronic payments.
Explanation:
Benefits of Cashless transactions:
- Lesser crime rate
- Less money laundering
- Time saving
- Easy currency exchange
Factors to be considered by banks for cashless transactions:
- availability of technology
- convenience
- exposure to hackers
- exposure to electronic fraud schemes
Option D has nothing to do with banks for considering in making decisions regarding implementation of cashless transactions.
Answer:
b. $22.500.
The estimate of bad debt expense is $22,500
Explanation:
Method of Bad Debt estimation = Percentage of credit sale
Bad Debt Expense = 3% of credit sale ($750,000)
Bad Debt Expense = 3% x $750,000
Bad Debt Expense = $22,500
