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3 years ago

The budget of an economy is said to be in deficit when:

Business

1 answer:

Sliva [168]3 years ago

6 0

The answer is A because there is a loss of value of a countries with one or more foreign reference

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Maria Queen was reviewing her business activities at the end of the year (2022) and decided to prepare a Retained Earnings State

fiasKO [112]

Answer:

Retained earnings at the beginning of the year;

Equity = Common stock + Retained earnings

Retained earnings = Equity - Common stock

Equity = Assets - Liabilities

= 700,000 - 210,000

=$490,000

Retained earnings = 490,000 - 200,000

=$290,000

........................................................Maria Queen..................................................

.....................................Statement of Retained Earnings..................................

.........................................For the year ended 2022..........................................

Opening Balance...............................................................................$290,000

Add:

Net Profit .............................................................................................$220,000

Less:

Dividends.............................................................................................($120,000)

Retained Earnings, 31 Dec 2022............................................$390,000

5 0

3 years ago

aleksandr82 [10.1K]

Both provide financial compensation to the beneficiaries upon the policyholder’s death.

5 0

3 years ago

Moving truck makes the displacement of (180m) toward east in period of(9.0s). What is the average velocity of the truck?someone

makvit [3.9K]

Answer:

20m/s due east

Explanation:

Given parameters:

Displacement = 180m due east

Time taken = 9s

Unknown:

Average velocity of the truck = ?

Solution:

The average velocity is the displacement divided by the time taken;

Average velocity = $\frac{displacement}{time}$

Insert the parameters and solve;

Average velocity = $\frac{180}{9}$ = 20m/s due east

6 0

3 years ago

Read 2 more answers

Warner Company purchases $50,000 of raw materials on account, and it incurs $60,000 of factory labor costs. Supporting records s

andriy [413]

Answer:

WIP Assembly DEBIT 24,000

WIP Finishing DEBIT 26,000

Raw materials Inventory CREDIT 50,000

WIP Assembly DEBIT 35,000

WIP Finishing DEBIT 25,000

Wages Payable CREDIT 60,000

Explanation:

Our first goal is to calculate the diference to get the finishing values

50,000 raw materials

assembly 24,000

50,000 - 24,000 = 26,000

Finishing 26,000

60,000 labor cost

Assembly 35,000

60,000 - 35,000 = 25,000

Finishing 25,000

Now we proceed to do the entries:

WIP Assembly DEBIT 24,000

WIP Finishing DEBIT 26,000

Raw materials Inventory CREDIT 50,000

WIP Assembly DEBIT 35,000

WIP Finishing DEBIT 25,000

Wages Payable CREDIT 60,000

<u>Important:</u> There is no information about a finished goods or transfer from one process to another, so we should assume both are still in progress and no transfer to either one or finished goods were made.

So the values are transfer to the WIP of each department.

4 0

4 years ago

According to the FTC's historical guidelines for mergers, would the FTC approve a merger between two firms that would result in

Alborosie

Answer:

B. Maybe. The FTC would scrutinize the merger and make a case-by-case decision.

Explanation:

If we considered the historical guidelines of FTC for the merger purpose so may be FTC could permit the merger between the two firms that could result in HHI of 1,025 after the merger as the merger represent the moderal level of the concentration in the market area so here FTC should analyzes the merger with cash to cash basis

Therefore the option b is correct

8 0

3 years ago