Answer: -$500,000,000
Explanation:
The Balance of payment is an account that shows the difference between the money coming into a country as a result of transactions with other nations and money going out for the same reason.
Given the figures in the question, the Balance of Payments is;
= Current Account balance + Nonreserve financial account balance
= -1,000,000,000 + 500,000,000
= -$500,000,000
<h3>
Answer:</h3>
D. Allowance for Doubtful Accounts is shown as a deduction from Accounts Receivable on the balance sheet.
<h3>
Explanation:</h3>
- Balance sheet is a statement of account that shows the number of assets, liabilities, capital and net profit or loss in an organisation.
- Receivables refers to the amount that the seller ios owed by the customers or buyers.
- Therefore, receivables are current assets in a business and are listed on the left side of the balance sheet.
- Allowance for doubtful accounts is listed as a deduction below the accounts receivable as it is a reduction of the total amounts on accounts receivable.
Answer: Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees
Explanation:
Several companies find that providing theye workers a comprehensive benefits package which consist ofinsurance, retirement investment and other benefits is worth the cost associated because it helps them retain and also attract their best staffs.
When employees are given the required support needed and given work related benefits, this is usually source of motivation to the employees and can help bring out the best in them.
Answer: $200,100
Explanation:
Given that,
Units sold = 15,000
Sales Revenue = $510,000
Purchases (excluding Freight In) = $310,500
Selling and Administrative Expenses = $36,000
Freight In = $15,900
Beginning Merchandise Inventory = $42,500
Ending Merchandise Inventory = $59,000
Cost of goods sold = Beginning Merchandise Inventory + Purchases + Freight In - Ending Merchandise Inventory
= $42,500 + $310,500 + $15,900 - $59,000
= $309,900
Gross Profit = Sales Revenue - Cost of goods sold
= $510,000 - $309,900
= $200,100
In the Boston Consulting Group growth-share matrix, each of the four categories in the matrix represents a different investment strategy
More about growth-share matrix:
The growth share matrix was developed through teamwork. It was initially drafted by BCG's Alan Zakon, who would later go on to become the company's CEO, and then improved with his colleagues.
Bruce Henderson, the creator of BCG, popularised the idea in his 1970 essay The Product Portfolio. About half of all Fortune 500 businesses employed the growth share matrix when it was at its most successful.
It continues to be a key component of corporate strategy lessons taught in business schools today.
Learn more about growth-share here:
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