Answer:
Cash Paid = $62000
Explanation:
To calculate the amount of cash paid by the business for operating expenses during the year, we use the following equation.
Cash Paid = Opening Accrued liability + Operating expenses for the year - Closing Accrued Liability
By plugging in the values for opening accrued liabilities, operating expenses for the year and closing accrued liabilities in the above formula, we can calculate the amount of cash paid for operating expenses.
Cash Paid = 15000 + 52000 - 5000
Cash Paid = $62000
Answer:
The expected spot rate of the Australian dollar in one year = 1.28 AUD per USD
Explanation:
The Current spot rate of Australian dollar against US Dollar
=
AUD /USD
AUD per USD.
Inflation rate in Australia
%
Inflation in the US
%
Percentage change in Australian currency

%
Thus, the spot exchange rate of AUD 1 year from now will be
AUD per USD.
Answer:
The first and foremost step is the determine the budget and also to identify the goals and the strategy.
Explanation:
In order to develop and implement or execute the social media marketing campaign or plan one need to follow the following six essential or vital steps:
Step 1: Decide or Determine the Objective and Budget
Step 2: Identify or recognize the Target Audience
Step 3: Create the Message
Step 4: Develop or spread the Media Strategy
Step 5: Implement or execute the Marketing Campaign
Step 6: Last step is to measure and analyze the Results or outcomes
Therefore, the first step is to decide the goals and the budget.
Question Completion:
Production outputs
Luxland Leanderland
Chips 10 4
Pretzels 10 8
Total output 20 12
Answer:
Assuming that Luxland and Leanderland specialize and trade in a way that is advantageous for both of them, the number of pretzels that Leanderland can produce will be 16.
Explanation:
a) Data and Calculations:
Specialization Output:
Luxland Leanderland
Chips 20 0
Pretzels 0 16
Total output 20 16
b) While it is acknowledged that Luxland has absolute advantage in the production of both chips and pretzels when compared to Leanderland, the total output for both economies, without specialization, remains 32 units (of both chips and pretzels). When they specialize, Leanderland's output increases to 16 units from 12. This results in total output of 36 units instead of 32 for both economies.
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