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3 years ago

The Oxford Provident Building Association was the first ________ to form in America.

Business

1 answer:

11Alexandr11 [23.1K]3 years ago

8 0

Answer:

Savings and loan association

Explanation:

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On what grounds does smith extol the division of labor? can you think of any drawbacks that might result from such a form of lab

aleksandrvk [35]

<span>The quote captures Smith's description of the complexity and scope of the division of labor, and its ability to increase the standard of living in a given society. Smith believes that the propensity to truck, barter and exchange is part of human nature, and it is precisely this capacity that best organizes the economic system in large scale societies. The cooperation of the many thousands, inspired by each person's self interest, is what allows for the economic system to flourish, spreading opulence and raising the overall quality of life. Since observations on the progress inspired by the division of labor begin the book, Smith uses the contemplation of simple items (pins, for instance) as a starting point for his theorizing on the organization of economics in general.</span>

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3 years ago

2. How has Taobao created economic opportunities for Chinese entrepreneurs that were inaccessible to them before?

cupoosta [38]

Answer: It created a platform for small business owners to open online stores to meet the needs of consumers in Chinese speaking areas within and outside China.

Explanation: Taobao with over one billion listings,is owned and founded by Alibaba( a Chinese entrepreneur) in the year2003. Taobao is a market place for consumers of Products,it helps to create Opportunity for Businesses to market their products and services,this platform has helped to build the Chinese Economy empowering people and helping to improve creativity, It also helped Chinese entrepreneur to be accessible to the world over.

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3 years ago

At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b

meriva

Answer:

$6,540

Explanation:

Given:

accounts receivable of $238,000

allowance for uncollectable accounts of $600 (credit)

Also, the allowance for uncollectible accounts should be 3% of accounts receivable.

Therefore the amount of the adjustment for uncollectible accounts would be

= 3% of $238,000 - $600= $(7140-600)= $6,540

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3 years ago

1,1. What is a Fixed Asset Register.Explain how this document assists

alukav5142 [94]

Answer:

A fixed asset register is a detailed list of all fixed assets which are owned by a business. Its main purpose is to enable an organization to accurately record and maintain both financial and non-financial information pertaining to each asset and to easily identify and verify an asset when required.

Explanation:

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3 years ago

The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash

aalyn [17]

Answer and Explanation:

1. Total current assets

As we know that

Current ratio = Current assets ÷ current liabilities

Current liabilities is

= Accounts payable + Accrued interest + Salaries payable

= $50,000 + $1,000 + $22,000

= $73,000

And,

Current ratio = 1.5:1

So,

Total current assets is

= 1.5 × $73,000

= $109,500

b. Short term investment is

Short term investment = Total current assets - Cash and cash equivalents - Accounts receivables - Inventories

= $109,500 - ($6,100 + $31,000 + $71,000)

= $1,400

c. Now retained earning is

Total assets

= Total current assets + Property, plant and equipment

= $109,500 + $175,000

= $284,500

Total liabilities is

= Current liabilities + Notes payable

= $73,000 + $41,000

= $114,000

Retained earnings is

= Total assets - Total liabilities - Paid in capital

= $284,500 - $114,000 - $155,000

= $15,500

6 0

3 years ago