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RSB [31]
3 years ago
6

Sometimes development aid goes toward disaster relief. For​ example, after the Indian Ocean tsunami of​ 2004, non-governmental o

rganizations helped devastated countries to rebuild.
Based on your understanding of the​ chapter, which of the following statements are true of foreign​ aid? ​(Select all that​ apply).

A. Foreign aid is inefficient when it is given directly to an extractive government.
B. Foreign aid is efficient when it is directly used to rebuild capital and promote growth in an economy.
C. Foreign aid is efficient when it is given directly to an extractive government.
D. Foreign aid is inefficient when it is directly used to rebuild capital and promote growth in an economy.
Business
1 answer:
Katena32 [7]3 years ago
6 0
The correct answer is d
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On January 1, Year 1, Barnes Company issued a $100,000 installment note. The note had a 10-year term and an 8 percent interest r
Over [174]

Answer:

e) $93,097

Explanation:

Interest for 1st year = $100,000*8%

Interest for 1st year =$8,000

Principal repayment for 1st year = $14,903 - $8,000

Principal repayment for 1st year = $6,903

Principal balance on January 1,Year 2 = $100,000 - $6,903

Principal balance on January 1,Year 2 = $93,097

3 0
2 years ago
Morgan Pharmaceutical spends $50,000 this year in research and development for a new drug to cure liver damage. By the end of th
kenny6666 [7]

Answer:

The impact of spending $50,000 on the research and development for a new drug to to cure liver damage will increase the expenses of the Morgan Pharmaceutical in the years financial statements.

Explanation:

Morgan pharmaceutical is pending $50,000 on he research and development of new drug which can cure the liver damage, from this spending company is expecting that after they have successfully created new drug it will lead to the increase in sales , which will ultimately lead to increase in profits , which then would totally recover the initial cost incurred on research and development but until then these expenses would be shown in the current years financial statement as expenses, and thus would increase the total expenses of the company.

3 0
2 years ago
Sampson Industries has an annual plant capacity of 70,000 ​units; current production is 59,000 units per year. At the current pr
Artyom0805 [142]

Answer:

Sampson Industries

1. How would accepting the special order impact Sampson​'s operating​ income?

The acceptance of the special order will decrease Sampson's operating income by $42,000.

2. Should Sampson accept the special​ order?

No.  Sampson should not accept the special order.  It does not make any contribution in reducing the fixed costs.  Instead, it decreases the net income.  Special orders should be accepted when they add to the contribution in defraying the fixed costs, even if they do not add to the net income.

Explanation:

a) Data and Calculations:

Annual plant capacity = 70,000 units

Current production = 59,000

Variable cost per unit = $26.00

Fixed cost per unit = $4.80

Normal Selling price per unit = $41

Special order = 70,000

Price of special order = $20

Incremental Analysis of Special Sales Order Decision

Total Order (7,000 units)

Revenue from special order $140,000

Less expenses associated with the order:

Less: Variable manufacturing cost 182,000

Contribution margin $(42,000)

Less: Additional fixed expenses associated with the order –

Increase (decrease) in operating income from the special order ($42,000)

8 0
3 years ago
For accounting information to be relevant, the information should ______. (Select all that apply.)
USPshnik [31]

Answer:

A and B

Explanation:

The relevance or conformity is the concept that the information generated by the accounting system influences the decision maker to make a decision. The concept may include the content and / or timeliness of information that can influence decision making. In particular, the relevance of the information provided to users is thought to be faster. This impact can be a confirmation of a reader's previous decision (for example, investing in a company) or making a new decision (such as investing in a company). Here are some examples of how communication is used in accounting:

A company auditor decides to expedite the closing of the month so that it can publish its financial statements within three days instead of the old three-week standard. This increases the speed of receiving financial reports from various internal and external parties, and increases the relevance of the information they receive.

The Industrial Engineering Manager is considering installing a new, higher capacity machine in the manufacturing sector. If the sales department publishes a new forecast showing a decline in sales, the engineering manager may not need to buy such a high capacity machine.

One company is considering another company. If the acquired company discloses that it has not been pre-registered and is liable, it is due to the buyer's decision in relation to the purchase price, which the buyer will extend the purchase offer, and is willing to pay.

One company had a strong quarter; These are the decisions to provide creditors with improved results, or to increase or increase the amount of credit granted to the company.

7 0
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Jayco has the following expected cash flows from a project. Calculate the payback period of the project. Year 0 (685,000) Year 1
Orlov [11]

Answer:

2.16 years

Explanation:

7 0
3 years ago
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