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3 years ago

Which of the following was partly an effect of the Mexican-American War?

Business

1 answer:

Neporo4naja [7]3 years ago

7 0

Answer:

The correct answer is letter "C": the United States becoming a transcontinental nation.

Explanation:

After Texas was declared independent from Mexico in 1836, issues arose since the U.S. did not want to annex the freed territory due to northern interests. Mexico became hostile in defining the frontiers after the independence of Texas at the point of threatening the U.S. to go on war if its demand was not fulfilled.

With an attack on American Soldiers by April 1846 in Texas, the war begun. Americans military power revealed superior to Mexicans winning the war in favor of U.S. President James K. Polk (1795-1849) who believed the U.S. had to spread across the continent.

The effect of the war was California, Utah, Nevada, and Arizona being annexed to the U.S. territory.

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Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and costs: Ap

quester [9]

Answer:

Cost of goods sold on April 25 is $13.80 and the inventory balance is $55.20

Explanation:

Data given:total unit

Cost of purchase with data;

Date Amount

April 5 $10

April 10 $12

April 15 $14

April 20 $16

April 22 $17

Total cost 69

Average cost = total cost /total quantity

= 69/5

=13.8

The cost of the ending inventory is given on the balance sheet below

Date Purchases Cost of Inventory Bal. Avg Cost

goods sold

April 5 $10* 1 unit= $10 - $10 10/1 = $10

April 10 $12* 1 unit=$12 - 10+ 12 = 22 22/2 = 11

April 15 $14* 1 unit=$14 - 22+14 =36 36/3 = 12

April 20 $16* 1 unit= $16 - 36 +16 =52 52/4 = 13

April 22 $17* 1 unit = $17 - 52+17 =69 69/5 = 13.8

April 25 - 1 unit*13.8 = 13.80 69 - 13.8 = 55.20

5 0

3 years ago

Excerpts from Huckabee Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receiv

Setler79 [48]

Answer:

71.57 days

Explanation:

For computing the average collection period first we have to determine the account receivable turnover ratio which is shown below:

Account receivable turnover ratio = Credit sales ÷ average accounts receivable

where,

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($75,000 + $83,000) ÷ 2

= $79,000

And, the net credit sale is $403,000

Now put these values to the above formula

So, the answer would be equal to

= $403,000 ÷ $79,000

= 5.10 times

Now

Average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 5.10 times

= 71.57 days

5 0

3 years ago

When using punishment, a manager should question 1 options: ignore undesirable behaviors. Save reprimands until the end of the w

Fofino [41]

Answer is to save reprimands until the end of the work day or preferably before a weekend this is to ensure privacy and to not embarrass or violate the employee's rights

7 0

3 years ago

What is one way that the government cannot prevent a budget deficit?

Anna007 [38]

Answer:

The answer is Selling Stocks

3 0

3 years ago

Lok Co. reports net sales of $4,970,000 for Year 2 and $8,532,000 for Year 3. End-of-year balances for total assets are Year 1,

Mumz [18]

Answer:Assets turnover ratio Year 2 =2.87 times

Assets turnover ratio for Year 3 = 4.58times

Explanation:

The total assets turnover is calculated as = Net Sales / Average total assets

also,

Average total assets = (Beginning assets + Ending Assets) / 2

Average total assets for Year 2 = ($1,684,000 +$1,780,000)/ 2 =$1,732,000

Average total assets for Year 3 = ($1,780,000 + $1,949,000 )/2 =$1,864,500

Assets turnover ratio Year 2 =$4,970,000 / $1,732,000 = 2.87 times

Assets turnover ratio for Year 3 = $8,532,000 / $1,864,500 = 4.58times

6 0

3 years ago

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