Answer:
Total Asset = $2,598,200
Explanation:
Accounting equation : Asset = Equity + liabilities
Equity =common stock + retained earnings
= ( 5000*$400) + (40000 - 1800)
= $2,000,000 + 38200
= $2,038,200
Liabilities = $240,000 + 320000
= $560,000
Total Equity and Liabilities = 2038200 + 560000
= $2,598,200
double entry principle helps to ensure that the accounting equation is done e.g when common stock is issued contra entry is bank if cash is received.
Answer:
The first annual depoisit will be of 3,373.49 dollars
Explanation:
Given the formula for future growing annuity
we need to solve for the yearly payment:
grow rate: 0.04
annual effective rate: 8% compounding semiannually:
r= 0.0816
FV 2,500,000
n 46
<em><u>Formula for future value fo an ordinary annuity:</u></em>
The first annual depoisit will be of 3,373.49 dollars
In a world that is synchronized on a global scale, trade between nations is constant. Imports cannot be reduced by 20% in order to close the trade deficit.
<h3>Why it is not possible to reduce imports?</h3>
There are certain nations that will be impacted if the United States decides to cut imports by 20%.
As a result, imports from the United States will likewise be restricted in other nations.
In other words, the United States may experience a fall in exports while attempting to reduce imports. The overall impact on trade imbalances could be minimal.
The trade conflict between the United States and China is a good illustration. China responded to the United States taxes on its imports by imposing its own levies. As a result, both countries suffered.
As a result, there is no quick fix for decreasing trade deficits. A more delicate balance between consumption and production must be achieved over time.
The manufacturing industries must have favorable policies and incentives to encourage consumer demand for locally made items.
Check out the link below to learn more about trade deficit;
brainly.com/question/28708620
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The correct answer is a yellow dashed line. I hope that this helps!!!
