Answer: the correct answer is measuring salaries expense
Explanation: US GAAP means Generally Accepted Accounting Principles.
The primary difference between the two systems is that GAAP is rules-based and IFRS is principles-based. GAAP does not allow for inventory reversals, while IFRS permits them under certain conditions. Another key difference is that GAAP requires financial statements to include a statement of comprehensive income.
Answer: 10%
Explanation:
Amount deposited = 5000
Amount which can be Lent out = 2500
The reserve requirement may be explained as a certain percentage of a commercial bank's deposit that must be held in reserve, this is usually a directive placed on the commercial banks by the central bank of the nation.
The reserve requirement is calculated by finding the proportion of the difference between the amount deposited and the maximum amount that can be Lent out to the total deposited amount.
Mathematically,
Reserve requirement =[ (deposit amount - amount that can be Lent out) / deposit amount] × 100
Reserve requirement : ([(5000- 4500) / 5000] × 100)%
= (500 / 5000) × 100
= 0.1 × 100 = 10%
Answer:
Cost of goods manufactured during the period was $225,600
Explanation:
The computation of the Cost of goods manufactured is shown below:
Cost of goods manufactured = Cost of goods sold + ending balance of finished goods inventory - beginning balance of finished goods inventory
= $233,000 + $24,200 - $31,600
= $225,600
We simply added the ending balance of finished goods inventory and deducted the beginning balance of finished goods inventory to the Cost of goods sold
Trade barriers could be an answer to this question. Also, an embargo could be an acceptable answer. Let me know if you need more help, and give me a thanks if I helped!
Answer:
False.
Explanation:
A networking letter can be defined as a type of cover letter or a job-hunting tool written to friends, friends of friends, or professionals in the author's job network to request assistance and support such as introductions, job leads, meetings, referrals and career advice.
Generally, it is advisable to draft and send out different networking letters to the members in your job network.
Hence, the same networking letter shouldn't be sent to every member of a job network so as to increase one's chance of getting a favorable and positive response.
