Services provided by a public-service companies, such as water, electricity and gas are all known as

In order for mutually beneficial trade to occur between two otherwise isolated nations, Multiple Choice each nation must face co

serg [7]

In order for mutually beneficial trade to occur between two otherwise isolated nations, each nation must be able to produce at least one good relatively cheaper than the other.

<h3>What does comparative advantage mean?</h3>

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage. This is when trade can be mutually beneficial .

To learn more about comparative advantage, please check: brainly.com/question/25812820

6 0

2 years ago

When using the periodic system the physical inventory count is used to determine Select one: a. both the cost of the goods sold

AlexFokin [52]

Answer:

a. both the cost of the goods sold and the cost of ending inventory.

Explanation:

The physical count is used in the periodic inventory system to calculate the amount of ending inventory. However the cost of goods sold can be derived from using the ending inventory count. Suppose we have ending inventory of 100 units and Purchases were 500 units Also there were no beginning inventory units so the Cost of goods Sold can be calculated as

Cost of Goods Sold= Beginning Inventory Add Purchases Less Ending Inventory

Cost of Goods Sold= 0 + 500- 100= 400

8 0

3 years ago

The auditors of Steffey Ltd., decided to study the cash receipts and disbursements for the month of July of the current year und

creativ13 [48]

Answer:

Bal. June 30 Receipts Disbursements Bal. July 31

Balance per Bank 355,001 835,846 684,747 506,100

Deposit in Transit

June 30 86,899 -86,899

July 31 51,240 51,240

Outstanding Checks

June 30 42,690 -42,690

July 31 73,340 73,340

Unrecorded Receipts -150,000 -150,000

Unrecorded Disbursement -150,000 -150,000

Balance per Books 399,210 650,187 565,397 484,000

3 0

3 years ago

Mary Co. paid dividends of $5,000, $6,200, and $8,000 during Year 1, Year 2, and Year 3, respectively. The company had 1,700 sha

Monica [59]

Answer :

Amount of dividend paid =$1,350

Explanation :

The computation is shown below:

As per the data given in the question,

Dividend per year for preferred stock = $1700 × $100 × 3.5%

= $5,950

Particulars Year 1 Year 2 Year 3

Preferred dividend $5,000 $6,200 $6,650

($700+$5,950)

Preferred dividend in arrears $950 $700

($5,950-$5,000) ($5,950+$950-$6,200)

Therefore dividends for common shareholders is

= $8,000 - $6,650

= $1,350

4 0

3 years ago

Garza company had sales of $149,000, sales discounts of $2,225 and sales returns of $3,525. Garza's net sales equals

nika2105 [10]

Answer:

Garza's net sales equals $143250.

Explanation:

Net sales = gross sales - sales return - sales discount

= $149,000 - $3,525 - $2,225

= $143250

Therefore, Garza's net sales equals $143250.

4 0

3 years ago