C.prepare a list of ledger accounts used in the business
b.balance the ledger accounts
a.total the debit column of the trial balance and then total the credit column of the trial balance
d.transfer.the ledger accounts To a trial balance or list the balance account. if the ledger account shows a debit,balance the debit side of the trial balance.if the ledger account shows a credit,balance the credit side of the trial balance.
Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in <u>domestic markets</u>, the predictions will be MUCH MORE accurate than when forecasting legal decisions in <u>foreign markets</u>.
<h3>What is the difference between domestic and foreign markets?</h3>
The difference between domestic and foreign markets is that a company offering forecasting legal decisions will be very more familiar with the domestic market than the decisions that can be taken in foreign markets.
Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in <u>domestic markets</u>, the predictions will be MUCH MORE accurate than when forecasting legal decisions in <u>foreign markets</u>.
Learn more about domestic and foreign markets at brainly.com/question/15115779
Answer:
The changes suggested increase income by 16,000 therefore is a good idea to made the changes
Explanation:
Your Mistake is that fixed expenses should remain constant with a sales increase
Current New
Sales $800,000 $ 912,000
Variable $ 480,000 $ 576,000
Contribution $ 320,000 $ 336,000
<u>Fixed $ 270,000 </u><u><em> $ 270,000 </em></u>
Net Income $ 50,000 <em> $ 66,000</em>
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Answer:
Imports is 50.
Current account balance is -30.
Total savings is 30.
After tax reduction total savings is 10.
Explanation:
GNP is given as 100.
The consumption expenditure is 70.
The investment expenditure is 40.
The government spending is 20.
The exports are given as 20.
GNP = C + I + G + EX - IM
100 = 70 + 40 + 20 + 20 - IM
100 = 150 - IM
IM = 50
The current account balance is the difference between exports and imports.
Current account balance
= EX - IM
= 20 - 50
= -30
Total savings in the economy is the difference between disposable income and consumption.
Total savings
= Y - C
= 100 - 70
= 30
In case government reduces taxes, the private saving will increase while the public saving will decrease.
Private saving
= Y - T - C
= 100 - 10 - 70
=20
Public saving
= T - G
= 10-20
= -10
Total saving
= Private saving + Public saving
= 20 + (-10)
= 20 - 10
= 10
