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3 years ago

Select all that apply.

2 answers:

5 0

I would say that all four answers are correct. Trade and commerce between civilizations really did help to exchange new ideas, spread languages, share new inventions, and make some people rich.

OLga [1]3 years ago

5 0

Trade and commerce between civilizations helped to exchange new ideas, spread languages, share new inventions and make people rich. Trade and commerce is one of the ways we are able to grow as a society and work along side other society's that do things differently than us. It is important to be cautious when sharing information but also know that we all have something to learn from one another. By exchanging ideas, new languages are being shared and from that forms new inventions. As new inventions take off, people are becoming rich.

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The cheap foreign labor argument for protectionism refers to ________.

kifflom [539]

The cheap foreign labor argument for protectionism refers to a lower wage often earned by many foreign workers.
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7 0

3 years ago

Read 2 more answers

URGENT!

djyliett [7]

Answer : all of the above

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3 years ago

In its income statement for the year ended December 31, 2022, Sunland Company reported the following condensed data.

melomori [17]

Sunland Company

Multi Step Income Statement

For the Year Ended December 31, 2022

Net sales $ 2,200,000

Less: Cost of goods sold ($ 1,257,000)

Gross margin / Profit $ 943,000

Less: Operating expenses ($ 722,000)

Income from operations $ 221,000

Other revenues and gains:

Interest revenue $ 35,000

Other expenses ans losses:

Interest expense ($ 72,000)

Loss on disposal of plant assets ($ 18,000) ($ 90,000)

Income before income taxes $ 166,000

Income taxes expenses ($ 46,000)

Net income $ 120,000

Sunland Company

Comprehensive Income Statement

For the Year Ended December 31, 2022

Net income $ 120,000

Add: Other comprehensive income $ 8,400

Comprehensive income $ 128,400

Net income (NI), also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is a useful number for investors to assess how much revenue exceeds the expenses of an organization. This number appears on a company's income statement and is also an indicator of a company's profitability.

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7 0

2 years ago

HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account balances of

oksano4ka [1.4K]

Answer:

$101 million income tax expense

Explanation:

The income tax of HD can be computed by beginning with income tax payable less the increase in deferred tax asset in the year and finally by deducting the portion of current deferred tax asset that cannot be realized as shown below:

Current income tax payable $90 million

increase in deferred tax asset($170-$130) ($40 million)

unrealized deferred tax asset ($170*30%) $51 million

income tax expense in income statement $101 million

The HD income tax expense in income statement in 2021 is $101 million as computed due to the fact that prior payment in tax ha been paid in the year

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3 years ago

Evaluate Mark’s conduct using the Six Pillars of Character. Did Mark violate any rules in the AICPA Code? Should he be permanent

Schach [20]

Answer:

There are 3 cases

The First case

In this case, the six pillars of the ethical reasoning and characters are caring, responsibility, trustworthiness, citizenship, respect and fairness. Caring pillar requires making decision while taking other people into consideration. It requires the decision made to be kind and compassionate. At the time of making ethical decision it should be kept in mind that less harm should be caused. Responsibility pillar helps an individual to analyze that all the actions have some or the other consequences.

Explanation:

See attached images for the other two cases

8 0

3 years ago