Answer: The answer is benefits of international trade
Explanation:
In the question, no specific question was asked. But I think the question is about the benefits of international trade.
International trade is a trade between one country and the other.it can also be said to be the buying and selling of goods and services across national boundaries. The following are the benefits of international trade
A higher level of material well being : international trade leads to increased standard of living among nations of the world. In the sense that, it increases output and the opportunity to acquire goods that we would otherwise have been unable to produce ourselves, it would lead to increase in national income which will in turn lead to increased in investment which will enhance the welfare of all citizens
Reducing the threat of war: international trade bring about a better understanding among nations of the world. It promotes international friendship and world peace.
Deterring monopoly : international trade helps in preventing monopoly by ensuring that goods comes from other countries of the world.
Promoting competition : international trade helps in promoting competition among nations of the world. In the sense that,countries compete for trade in order to increase their own volume of the world trade as a measure to avoid balance of payment deficit.
Gains from specialization : international trade help countries to specialize in commodities which they can best produced. It leads to increased output and employment throughout the world from which every nation can benefit.
A more efficient allocation of resources : international trade help countries to allocate their resources efficiently. In the sense that, each country will specialize in the production of those commodities in which the country has comparative cost advantage over other countries by directing their resources to those areas of comparative lower cost, world output will be increased.
Answer:
a. False.
b. True.
c. False.
d. False.
e. True.
Explanation:
a. Assets other than cash are expected to produce cash in future at some point but it is not necessary that every asset produces exactly the same amount at which it is carried in the financial statements. For example there is account receivable balance of $100,000, but it is not mandatory that all receivable will be converted into cash overtime as there can be bad debts expense also which will result in reducing accounts receivable balance.
b. Annual reports are often used by existing and potential investors for decision making purpose whether it is beneficial to invest in a certain company based on its financial statements analysis, to identify the risks that the company is exposed, the ability of a company to generate cash flows, potential future earning capability of a company and going concern status.
c. The annual report is not solely used by its creditors/lenders, it is prepared for a wide range of users. For example: shareholders, directors, investors, etc.
d. Cash budget is not a financial statement and it is not mandatory in the annual report, four most important financial statements which are required in the annual reports are balance sheet, income statement, cash flow statements, and statement of stockholders' equity.
e. After the Enron scandal annual reports cannot contain managements verbal reasoning’s, they needs quantitative and reasoning’s based on facts and figures which can be verified and audited to avoid misleading information provided in the annual reports and reduce chances of window dressing in the financial statements.
To minimize the risk of theft of consumer remittances, the person who manages and deposits customer payments can also. Use of cash registers.
<h3>What is a Customer Deposit?</h3>
- A customer deposit is cash settled to a company by a customer, for which the company has not yet provided goods or benefits in exchange.
- The company has an obligation to provide the displayed goods or services, or to replace the funds.
<h3>What are customer deposits?</h3>
A customer deposit is a prepayment for the investment of future goods and services (unearned revenue). Overpayment of customer invoices (A/R) may also be regarded customer deposits because they are also thought unearned revenues.
To learn more about customer deposit, refer
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Answer:
The authorized shares 213,000
The issued shares 141,000
The outstanding shares 125,000
Explanation:
The authorized shares are the maximum number of shares that can be issued by the company as spelt out in its charter which is 213,000.
The number of shares issued to the public from its inception till date is 141,000 shares, in other words, that is its issued shares.
The outstanding shares is the number of shares currently held by investors in the company's shares, in essence, outstanding shares are the issued shares minus the shares already bought back( repurchased from shareholders)
Outstanding shares=141,000-16,000.
Outstanding shares=125,000
Answer:
Bobby cannot deduct the loss
Explanation:
Bobby cannot claim deductions for theft on his property because from 2018 to 2025 they are not allowed as itemized deductions unless they are federally declared disasters in which case he would still need to have to complete the form 4684 and use the form 1040 schedule A to report his claims