Fred will either have to pay more than he proposed or Barney would be able to open his business in the same city
The correct answer is C. The government
Explanation:
The key feature of a planned economy is the strong influence and control of government in the economy. Indeed, in a planned economy it is the government the entity that decides on trade and production, this includes the prices of goods and the types of products that should be manufactured. Moreover, this does not occur in market economies because in these customers, produces and the law of supply/demand determine factors of the economy. According to this, in a planned economy prices are controlled by government.
<span>This is an example of a cost of international trade. This can make it so that some domestic businesses lose their market share to foreign companies. This can create less profits for the company and made it so that it is difficult to create jobs.</span>
Answer:
An Accrued Receivable transaction
Explanation:
Before the receipt of cash recording a revenue is the example of accrued receivable because product is sold or services are already been performed on which basis transaction is occurred and recorded. So, the receivable is recorded against the revenue entry.
The journal Entry for this transaction will be as follow
DR. Account receivable xxx
CR. Revenue xxx
Answer:
b) 350,000 pounds
Explanation:
The computation of the number of pounds purchased is shown below:
= Required production in January month + ending inventory in pounds - beginning inventory in pounds
= 410,000 pounds + 120,000 pounds - 60,000 pounds
= 350,000 pounds
We simply added the ending inventory and deduct the beginning inventory to the required production so that the accurate amount can come
