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Pavlova-9 [17]
3 years ago
11

Mineral-rich Zambia is one of the world's most important sources of uranium. It also is a source of copper, tin, diamonds (mainl

y industrial), gold, cobalt and zinc. Agricultural products include palm oil and kernels, cottonseed, rubber, cotton lint, coffee, peanuts, sweet potatoes, yams, and cassava. How many cotton products does Zambia produce?
A. Two
B. One
C. Three
D. Six.
Business
1 answer:
Otrada [13]3 years ago
8 0

Answer:

A. Two

Explanation:

The number of cotton products 1  produced is as follows

1. Cottonseed

2. Cotton lint

These two products are produced by cotton and also it contains the name of cotton

Therefore all other products are not considered

hence, the first option is correct

All other information i.e given in the question is not relevant. Hence, ignored it

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What is the difference between paperback and mass market paperback?.
MaRussiya [10]

Answer:

Mass market paperbacks are cheaper and smaller than trade paperbacks.

Explanation:

6 0
2 years ago
During 2017, Ecuyer Industries reported cash provided by operations of $794,000, cash used in investing of $686,000, and cash us
marshall27 [118]

Answer:

$518,000

Explanation:

Data provided in the question:

cash provided by operations = $794,000

Cash used in investing = $686,000

Cash used in financing = $190,000

cash spent for fixed assets during the period = $276,000

Average current liabilities = $650,000

Average total liabilities = $1,716,000

Now,

Ecuyer's free cash flow

                Particulars                                                             Amount

          Cash provided by operations                                  $794,000

Less:  Cash spent for fixed assets during the period       $276,000

==============================================================

Ecuyer's free cash flow                                                       $518,000

5 0
3 years ago
An aging of Bicycle Company's accounts receivable indicates that $20,000 is estimated to be uncollectible. If Allowance for Doub
V125BC [204]

Answer:

The adjustment to record bad debts for the period will be:

Debit Bad debt expense ($20,000 - $3,000)                    $17,000

Credit Allowance for doubtful accounts                            $17,000

<em>(Bad debt expense required)</em>

Explanation:

Bicylce Company adopts the aging of accounts receivable method. The aging of accounts receivable is a criterion for apportioning the balance in the accounts receivable into different buckets (aging), for example: Not due, 1 - 30 days, 30 - 60 days, over 60 days, based on historical information and assigning a credit loss percentage to each bucket.

Since the Allowance for Doubtful Accounts has a $3,000 credit, to calculate the required bad debt expense, we need to back out this amount from the amount that is deemed uncollectible, that is $20,000 - $3,000 = $17,000.

4 0
3 years ago
According to U.S. GAAP, asset retirement obligations are ________.
Vika [28.1K]

Answer:

D) long-term legal requirements to restore property

Explanation:

5 0
2 years ago
On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a
aalyn [17]

Answer:

The amount allocated to goodwill at January 1, 2017, is: $16,000

Explanation:

We talk of goodwill when a company acquires another one and is the difference between the cost to purchase the business minus the fair market value of the tangible assets netted the liabilities.

In this case the fair value of the assets is:

Assets $550,000 + $40,000 - $10,000= $580,000

The book value of the assets is corrected with the fair value, in this case we correct the value of the patent.

Liabilities $300,000

porcentage acquired 30%

price paid $100,000

$100,000 - ((580,000-300,000)*30%) = $16,000

5 0
3 years ago
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