Increased manufacturing has helped some countries fill up the gaps.
People and policymakers should be educated about how expensive a trade war can be.
- It's possible that some politicians will be educated about the dangers of protectionism.
- Learning that, as Norway, Korea, and many others have discovered this year, a favorable trading nation is not necessarily friendly.
- commercial and political figures to help you expand your exports to a wide range of nations. Do not concentrate your exports in a single nation.
Identify opportunities to produce new products in order to boost exports in nations that rely heavily on imports.
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Answer:
The correct answer is C
Explanation:
Finished goods are those goods which have been finished or completed through the process of the manufacturing or purchased or bought in the completed form, but not sold yet to the customers.
The finished goods cost or expense is considered to be a asset which is short term in nature, which is expected to be sold in less than a year or period.
So, when the company sold the goods that worth $54,000 to the manufacture for $150,000, this will lead to decrease in the finished goods of the company which worth $54,000.
Answer: Closing entries: <u>" must be journalized and posted ".</u>
Explanation: Closing entries are those registrations that are ALWAYS made at the end of an accounting period because it cancels the balance of all temporary accounts to transfer them to permanent accounts.
Temporary accounts are profit and loss accounts, so the result of the year is determined in this way.
The real interest rate tells you how fast the purchasing power of your bank account rises over time.
<h3>What is meant by the real interest rate?</h3>
- When a borrower pays back a loan with interest, the lender obtains a gain in purchasing power that is expressed as a percentage.
- In the previous illustration, the lender made $8 on the $100 loan, or 8%.
<h3>What is real and nominal interest rate?</h3>
- The real rate of a bond or loan is determined by adjusting a real interest rate to account for the impacts of inflation.
- The interest rate before accounting for inflation is referred to as a nominal interest rate.
<h3>Why real interest rate is important?</h3>
- Real interest rates are the main concern of economists.
- Investors may be forced to take on greater risk or withdraw entirely depending on the real rate.
- Without ever taking a dollar, it can drain your savings.
- Every central bank in the world has it on their radar.
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Answer:
a.
$52,200
b.
$51,156
Explanation:
Note are issued n the face value or the discounted value. When price of the note is the same as face value then it is known as issued on par/face value.
When price of the note is the lower as face value then it is known as issued on discounted value.
a.
Proceeds from the note issued is the price of the note at which it is issued. As the note is issued on the face value of $52,200, so the proceeds is the same value.
b.
Discount value = $52,200 x 12% x 60/360 = $1,044
Proceeds = Face value of the note - Discount on the note = $52,200 - $1,044 = $51,156
