A _______ arranges the shipping of goods to customers in other countries.

Countries with free market economies in which property rights are protected tend to have _____ than command economies or economi

FinnZ [79.3K]

Countries with free market economies in which property rights are protected tend to have greater economic growth rates than command economies or economies where property rights are poorly protected.
The reason is the lack of infrastructure and supporting business in primitive or undeveloped economies, which may lead to situation in which is more costly to do business.

4 0

3 years ago

What is the net present value of a project with the following cash flows if the required rate of return is 9 percent?

inna [77]

Year Cash Flow
0 -$46,400
1 18,000
2 33,530
3 4,600

NPV = -$46,400 + $18,000 / (1 + 0.09) + $33,530 / (1 + 0.09)2 + $4,600 / (1 + 0.09)3 =

-$1,574.41

7 0

3 years ago

12. Describe an alternative investment that you might invest in someday, and explain why this investment is appealing to you

Ivenika [448]

I would invest in building my own house. This is appealing to me because I want to raise a family in a nice house that I have built.

4 0

3 years ago

Read 2 more answers

In December 2016, Learer Company’s manager estimated next year’s total direct labor cost assuming 40 persons working an average

nignag [31]

Answer:

1a. Predetermined Overhead Rate= 60%

Explanation:

Predetermined Overhead Rate=

Estinated overhead cost/Direct labor cost= $1,440,000/(40*$20*3000)

=60%

1b. Total Overhead Cost applied to each job

Job No Direct Labor Applied FOH60%

201 606,000 363,600

202 565,000 339,000

203 300,000 180,000

204 718,000 430,800

205 316,000 189,600

206 19,000 11,400

Total $2,524,000 $1,513,600

Overhead cost applied=

Direct Labor (1.b) * Predetermine overhead rate (1.a)

example:

(Job No. 201) 606,000 * 0.6 = 363,600

1c. Over applied or under applied at year end 2017

Actual Over head cost $1,542,000

Less:Overhead Appied - $1,513,600

Under applied over head $28,400

2. Adjusting Entry

Date Account Title Debit Credit

Dec Cost of goods $28,400 -

-31 sold

Factory - $28,400

Overhead

5 0

3 years ago

Read 2 more answers

If the accountant forgets to adjust the Prepaid Expenses account, there will be:_____

ivann1987 [24]

Answer:

Option B, an overstatement of net income, is the right answer.

Explanation:

Option “B” is correct because when the prepaid expenses occur then it is recorded in the balance sheet on the asset side and the cash will be reduced by the same amount. However, if the prepaid expenses have not been adjusted then it will show the overstatement of net income because cash has been gone so actual cash will be lower than the recoded cash. Thus, option B is right.

7 0

2 years ago