Your total cash income is $80,000. You pay $8,000 in taxes and $60,000 in other expenses. Your savings ratio is

As it relates to international trade, dumping: A. is defined as selling more goods than allowed by an import quota. B. constitut

amid [387]

Answer:

C. is the practice of selling goods in a foreign market at less than cost.

Explanation:

As it relates to international trade, dumping <u>is the practice of selling goods in a foreign market at less than cost</u>. Dumping is the practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market) or in order to gain some advantage over the other suppliers.

6 0

3 years ago

Sally would only agree to a second date with Andy if she sees him leave a generous tip for the waiter on their first dinner date

Nikitich [7]

Answer:

The correct answer is letter "A": Screening mechanism.

Explanation:

The screening mechanism is the activity in which people identify good qualities in others by evaluating their actions and matching them with their own behavior so they can eventually qualify those other people as suitable for them or not.

In the example, <em>Sally must consider a good practice to give generous tips to waiters since only if Andy, her date, does such a thing, she will consider dating him again. What Sally conducted is an example of a screening mechanism.</em>

5 0

3 years ago

On June 30, 2020, Sage Company issued $3,551,000 face value of 13%, 20-year bonds at $3,818,140, a yield of 12%. Sage uses the e

Lubov Fominskaja [6]

Answer: See attachment

Explanation:

The journal entry to record the transactions has been attached.

1. The issuance of the bonds on June 30, 2020.

Debit Cash $3818140

Credit Premium on bonds payable $267140

Credit Bonds payable $3551000

(2) The payment of interest and the amortization of the premium on December 31, 2020.

Debit Interest expense $229088.4

Debit Premium on bonds payable $1726.6

Credit Cash $230815

(3) The payment of interest and the amortization of the premium on June 30, 2021.

Debit Interest expense $228984.8

Debit Premium on bonds payable $1830.2

Credit Cash $2380815

(4) The payment of interest and the amortization of the premium on December 31, 2021.

Debit Interest expense $228975

Debit Premium on bonds payable $1940

Credit Cash $230815

4 0

3 years ago

Indigo Company sold 10,000 Super-Spreaders on during 2017, at a total price of $885,200, with a warranty guarantee that the prod

guapka [62]

Answer:

Indigo Company

Sales Revenue = $885,200

Cost of goods sold = $350,500

Warranty Expense = $65,100

Unearned warranty revenue = $25,200

Warranty liability = $49,500 ($65,100 - $15,600)

Cash = $544,300 ($885,200 + $25,200 - $350,500 - $15,600)

Explanation:

a) Data and Calculations:

Income Statement for the year ended December 31, 2017 (Partial)

Sales Revenue $885,200

Cost of goods sold 350,500

Gross profit $534,700

Warranty Expense 65,100

Net income $469,600

Balance Sheet as of December 31, 2017 (Partial)

Assets:

Cash $544,300

Liabilities:

Retained earnings $469,600

Unearned warranty revenue 25,200

Warranty liability 49,500

Total liabilities $544,300

7 0

2 years ago

Two firms are ordered by the federal government to reduce their pollution levels.

Leni [432]

Answer:

The solution and complete explanation for the above question and mentioned conditions is given below in the attached document.I hope my explanation will help you in understanding this particular question.

Explanation:

8 0

3 years ago