Answer:
What is the net realizable value of Accounts Receivable after a $ 140$140 account receivable is written off? is $3550
Explanation:
Account receivable 4000
Allowance bad debts 450
Net realizable =(400-140)-(450-140)
=3860-310
=3550
Answer:
The private savings as a share of the GDP must have declined.
Explanation:
according to the twin deficit hypothesis:
budget deficit = savings + trade deficit - investments
the government deficit as a share of GDP declined and investment as a share of GDP remained constant that means that the savings should decline.
Answer:
B) the uneven distribution of gains and losses from free trade.
Explanation:
One of the most important reasons why governments impose trade barriers is to protect domestic jobs (and domestic industries). We are part of a society (country), and society's most important component is people, not money. Generally the economic gains of free trade are larger than the economic losses, but the economic losses hurt the most.
Imagine if no trade barriers actually existed, how many millions of jobs would be lost in the US. Trade barriers are nothing new, the current president didn't invent them. He just incinerated them.
How does a leader tell the people that 10 or 20 million must lose their jobs and probably will not be able to find any similar jobs in the future just because the rest of society will benefit from cheaper products. The lives of 20 million households (50-80 million people) would be destroyed, while 280 million people would benefit.
The amount of harm done to the people that lose their jobs is much greater than any individual benefit.
Answer:
Explanation: The Accounting Equation (Assets= liabilities +Equity) shows the relationship between a company's assets, Liabilities and owners equity which at the end of the day balance out.
Assets reflect the total value of the property that the business has, and which is in its turnover.
Liabilities reflect the size of the financing of an organization’s assets by third parties, banks, and private financial institutions.
Owner's Equity is characterized the value of investments made in this organization by its owner/s (shareholders). It can be said to be Capital plus retained earnings.
The accounting equation can be said to be Assets = liabilities+capital+revenue-expenses -dividend.
this is simply put that assets are totality of a company's liabilities, capital, revenue, expenses and dividend.
Answer:
Alice should exercise the option and pay $100,000 for the land.
Explanation:
As Alice has paid $20,000 for the option to acquire the land of ten acres.
In 1985, the worth of land was $120,000 but in 1992, the worth changed to $110,000. She should exercise the option because the inflation rate is the reason in the decrease in the worth of land. By buying the land, she can utilize the land by investing in it instead of holding the money as it will depreciate. By investing the money, she will get the profit and will increase in her wealth. Moreover, she can use other options by selling to another person after adding some value to the land and can get the profit.
