Three reasons that the Protectionist offer to support their position
is as follows: Imposing tariffs, campaign to support use of countries own
produced products, and controlling the exchange rate in their country. This policies
and reasons help their country to protect their own goods and will help their
economy rise.
Answer:
SISKO & Co. Ltd.
1. The paid-up share capital is:
A. Le1.25 million
2. Current Ratio will be:
(B) 3:1
Explanation:
a) Data and Calculations:
Issued share capital = 1,000,000 shares
Allotment = Le1.25 per share
Paid-up share capital = Le1.25 million (Le1.25 * 1,000,000)
Current Ratio:
Cash Balance Le15,000
Trade Receivables Le35,000
Inventory Le40,000
Total current assets Le90,000
Current liabilities:
Trade Payables Le24,000
Bank Overdraft Le6,000
Total current liabilities Le30,000
Current ratio = Current assets/Current liabilities
= Le90,000/Le30,000
= 3:1
Answer:
Time period from September 1 - December 31 is 4 months and this means that the tenant has occupied the place for 4 months. Hence, 4 months rent would be accrued.
12 Month rent amount = $24,000
Per month rent amount = $240,00/12 month = $2,000
So, Rent for 4 months = 4 month * $2,000 = $8,000
Adjusting Entry
Date Account titles Debit Credit
Dec 31 Unearned Rent Revenue $8,000
Rent Revenue $8,000
<span>The blurring of the lines separating the subsets of the financial industry started in the 1950s.
</span>The products and services in 1950 were primarily loans, deposits, payment services, savings products, fiduciary services. By 2010, products and services further expanded to include <span>Off-Balance Sheet activities, f</span><span>inancial guarantees,</span><span>derivatives.</span>
Answer:
Prepare a detailed business plan on description of the business