Answer:
$3,000 credit
Explanation:
Given the followin currency exchange rates for 1 rand are as follows:
January 1 $0.25 = 1 rand
Average for the year 0.28 = 1
December 31 0.31 = 1
Net income conversion Investment using January 1 rate = 50,000 rand × $0.25 = $12,500
Net income conversion Investment using December 31 rate = 50,000 rand × $0.31 = $15,500
Credit (Debit) = $15,500 - $12,500 =$3,000
Therefore, the translation adjustment that Yang will report at the end of the current year is $3,000 credit since the difference is positive.
Answer:
B. $57
Explanation:
The computation of the opportunity cost of the theater shown below:
= Earning per hour × number of hours + cost of the theater ticket
= $9 × 3 hours + $30
= $27 + $30
= $57
To find the opportunity cost we considered the total earnings and the cost of the theater tickets so that the accurate cost of the theater could come.
The tea act is an indirect tax
Tea act put an amount of tax for every goods and products that being sold by the American colonist, which displayed every characteristic of an indirect tax.
If the tax is categorized as a direct tax, the tax is based on percentage of profit, not the product itself.
Answer:All modes of transportation.
Explanation:Incoterms which is called international commercial terms developed by the international chamber of commerce to define the terms of trade and commercial activities, they are generally accepted and recognised by the Law courts and commercial laws in the most parts of the world. International commercial terms helps to guide procurement processes and trade.
It can be applied in all modes of transportation.
<span>A system of internal controls is needed in the barber shop like in any other business. These controls may include the use of cameras and having checking professionals who are checking the activities to make sure that there are no frauds.</span>
