Answer:
The correct answer is option A (government debt owed to individuals in foreign countries).
Explanation:
- This applies to interest earned from some kind of creditor or outside nation, this must be repaid throughout the commodity these were invested in.
- External debt may be collected through foreign banking institutions, from global banking organizations including the World Bank, respectively., as well as from sovereign governments.
Some other alternatives given don't apply to the cases in question. So answer A is a good one.
True.
A pure market economy requires all property be owned by private individuals and all transactions are free from control or restriction by the government. Since the United States Government does participate in and regulate the economy, the US cannot be "pure market."
Answer:
44,980
Explanation:
20 % of $224,900 = (20/100) × $224,900 = $44,980
I'd say your answer would be the interest rate so A
Answer:
b. Beginning work in process
Explanation:
Work in process (WIP) doesn't form part of the flow of manufacturing activities.
The flow of manufacturing activities include the following format:
Opening raw materials
+ Raw materials Purchases
Raw materials available for use in production
- Ending Raw Materials Inventory
Raw Materials Used in Production
<em>For manufacturing activities an entity will have the opening raw material to be used in production and will include more raw material purchased during the period which will total as the raw materials available for use in production. Through out the manufacturing activities the raw material available for use is utilized and any quantity that remains (i.e closing inventory) is subtracted to get raw material used in production, which also represents the cost of material used in the calculation of cost of goods sold (COGS). </em>