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maksim [4K]
3 years ago
14

The ______ is primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid

down in trade treaties signed by member states.
Business
1 answer:
Masteriza [31]3 years ago
6 0

Answer:

World Trade Organization (WTO)

Explanation:

The World Trade Organization was formed on the 1st of January, 1995 to ensure free trade among member countries. It is made up of 164 member countries. It is also saddled with the responsibility of policing the world trading systems and also ensuring that member states stick to the rules in the trade deals signed by them. The World Trade Organization can also punish countries by imposing trade sanctions if they fail to respect the laid down rules.

The World Trade Organization (WTO) is currently headed by Roberto Azevedo, a Brazilian.

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On July 1m 2017, Ling Co. pays $12,400 to Marsh Insurance Co., for a 2-year insurance contract. Both companies have fiscal years
Ronch [10]

Answer:

Journal entries

Explanation:

The journal entries are as follows

On July 1

Prepaid insurance Dr $12,400

     To Cash $12,400

(Being the payment is recorded)

On December 31

Insurance expense Dr $3,100

    To Prepaid insurance $3,100

(Being the insurance expense is recorded)

It is computed below:

= $12,400 × 6 months ÷ 24 months

= $3,100

6 0
3 years ago
Financial analysts said they were surprised that despite higher inflation and shrinking profits margins, investors continue pour
kicyunya [14]

Answer:

The correct answer is (E) continued to pour money into the stock market in the belief that the American economy was

Explanation:

Inflation can affect cash flows to a greater or lesser extent, depending on their nature. Thus inflation could affect sales prices more, or costs. The entrepreneur generally fights inflation trying to reduce costs and maintain competitive prices, but he can not against generalized inflation in the economy, and consequently his cash flows could be, in real terms, increasingly lower, by the loss of the power to buy money. In this way, inflation encourages investments with rapid recovery and that require less capital investment.

8 0
3 years ago
Frieda is itemizing deductions on her federal income tax return and had $1700 in non-reimbursed work expenses last year. If her
zhenek [66]

Answer:

$180 is the correct answer!!!

Explanation:

7 0
2 years ago
Suppose that there are two independent economic factors, F1 and F2. The risk-free rate is 3%, and all stocks have independent fi
yarga [219]

Answer:

Rp = 3% + BP1 * 10.42% + BP2 * 6.1%

Explanation:

Portfolio A:

R_p = R_f + Beta1*Factor1 + Beta2*Factor2

32% = 3% + 1.6*F1 + 2*F2

Portfolio B

29% = 3% + 2.6*F1 - 0.2*F2

Solvig the equatios

3% = -F1 + 2.2*F2

F1 = 2.2F2 - 3%

F1 = 2.2F2 - 0.03

Substituting

29% = 3% + 2.6*(2.2F2 - 0.03) - 0.2F2

29% = 3% + 5.72F2 - 0.078 - 0.2F2

5.52F2 = 29% - 3% +0.078

5.52F2 = 0.26 +0.078

5.52F2= 0.338

F2 = 0.338/5.52 = 0.061

F1 = 2.2F2 - 0.03 = 2.2(0.061) - 0.03

    = 0.1042

The return Beta relationship in this economy  Rp = 3% + BP1 * 10.42% + BP2 * 6.1%

3 0
2 years ago
Simon Company’s year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 31,800 $ 35,625 $ 37,800 Accounts re
sweet [91]

Answer:

Explanation:

Balance Sheet

//2017// % // 2016 // % // 2015 //%//

Cash

//$31,800// 6% // $35,625 // 8% // $37,800 //10%//

Accounts Receivable

//$89,500// 17% // $62,500 // 14% // $50,200 //13%//

Inventory

//$112,500// 22% // $82,500 // 19% // $54,000 //14%//

Prepaid Expenses

//$10,700// 2% // $9,375 // 2% // $5,000 //1%//

TOTAL CURRENT ASSETS  

//$244,500// 47% // $190,000 // 43% // $147,000 //39%//

Plant Assets

//$ 278,500// 53% // $ 255,000 // 57% // $ 230,500 //61%//

TOTAL NON CURRENT ASSETS

//$278,500// 53% // $255,000 // 57% // $230,500 //61%//

TOTAL ASSETS

//$523,000// 100%// $445,000 // 100% //$377,500 //100%//

Accounts Payable

//$129,900// 57% // $75,250 // 43% // $51,250 // 38% //

TOTAL CURRENT LIABILITIES

//$129,900// 57% // $75,250 // 43% // $51,250 // 38% //

Long Term Notes Payable

//$98,500// 43% // $101,500 // 57% // $83,500 // 62% //

TOTAL NON CURRENT LIABILITIES

//$98,500// 43% // $101,500 // 57% // $83,500 // 62% //

TOTAL LIABILITIES

//$228,400// 100% // $176,750 // 100% //$134,750//100%//

Common Stock

/$163,500// 55% // $163,500 // 61% // $163,500 //67%//

Retained Earnings

//$131,100// 45% // $104,750 // 39% // $79,250 //33%//

TOTAL EQUITY  

//$294,600// 100% //$268,250 //100%// $242,750 //100%//

TOTAL EQUITY + LIABILITIES

//$523,000// 100%// $445,000// 100%// $377,500// 100%//

4 0
3 years ago
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