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3 years ago

When countries trade, their consumers have access to

Business

2 answers:

Sunny_sXe [5.5K]3 years ago

6 0

Answer:

When countries trade, their consumers have access to "more" goods at cheaper prices, workers will produce "more" goods for export, and countries will become "interdependent."

Explanation:

Plato

irakobra [83]3 years ago

4 0

Answer:When countries trade, their consumers have access to raw goods at cheaper prices, workers will produce better goods for export, and countries will become Richer..

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On January 1, Collins Corporation had 800,000 shares of $10 par value common stock outstanding. On March 31, the company declare

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Answer:

Total Stockholders' equity was affected.

Explanation:

Stock dividend refers to distributing shares free of cost among the existing shareholders. Such a dividend does not result in resources flowing out of the entity but merely reassign amounts from retained earnings to other equity accounts. Thus, such a dividend does not affect the total equity of the stockholders. This can be seen through the following entry,

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The above transaction shows that we just redistributed the reserves by reducing retained earning by the value of stock dividend 1800000 [( 800000*0.15) * $15] and adding it to the Common Stock 1200000 [(800000*0.15) * 10] and to paid in capital in excess of par 600000 [(800000*0.15) * 5].

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3 years ago

Help me on statistics Homework.

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Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its

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Answer:Incomplete Question, You omitted the values for the following

supplies remaining at year-end: $700

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Explanation:

1. To Record the journal entries required for December, excluding the December 31 year-end adjusting entries.

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Cash $24,000

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Date Account and Explanation Debit Credit

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Answer:

124

Explanation:

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