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frozen [14]
2 years ago
9

International trade-dependent jobs have grown at a rate three times the growth of U.S.-dependent jobs.

Business
1 answer:
HACTEHA [7]2 years ago
3 0

Answer: True

Explanation:

International trade is simply exchange of goods and services that take place between countries. It should be noted that gloabl trading gives the countries and the consumer opportunity through which they're exposed to the produfte that they don't have in their countries.

International trade-dependent jobs have grown at a rate three times the growth of U.S.-dependent jobs.

This is True

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The balance in Discount on Bonds Payable that is applicable to bonds due in three years would be reported on the balance sheet i
tankabanditka [31]

The balance in Discount on Bonds Payable that is applicable to bonds due in three years would be reported on the balance sheet in the section entitled of Long-term liabilities.

What is Long-term liabilities?

Long-term liabilities can be regarded as loans aa well as other financial obligations that the repayment schedule would be expected to last over a year.

Some of the examples long-term liabilities are;

  1. deferred revenues
  2. post-retirement healthcare liabilities.
  3. bonds payable
  4. long-term loans
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It should be noted that balance in Discount on Bonds Payable that has a due time of three years would be reported at Long-term liabilities section.

Learn more about Long-term liabilities at:brainly.com/question/25596583

4 0
2 years ago
Janie has a joint account with her mother with a balance of $562,000. Based on $250,000 of Federal Deposit Insurance Corporation
vaieri [72.5K]

Answer:

$31,000

Explanation:

Given:

Janie holds joint account with her mother that has a balance of $562,000. They are covered up to $250,000 each under Federal Deposit Insurance Corporation.

It is assumed by FDIC that all co-owners' shares are equal.

So, Janie's share in the balance = 562,000 ÷ 2

                                                       = $281,000

Amount insured = $250,000

Uninsured amount = 281,000 - 250,000

                               = $31,000

Therefore, Janie's savings worth $31,000 will not be covered by deposit insurance.

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3 years ago
Alaska Mining Co. acquired mineral rights for $67,500,000. The mineral deposit is estimated at 30,000,000 tons. During the curre
Vladimir79 [104]

Answer:

a. Depletion rate  = $2.25

b. Account                                                              Debit($)                Credit($)

Depletion expense                                              9,000,000

Accumulated depletion expense                                                  9,000,000

<u>Being depletion expense for the year.</u>

Explanation:

Depletion expense refers to the loss in value of a long term asset due to reduction in producing capacity  of the asset. The depletion is recognized as an expense in the income statement of the relevant year.

To determine depletion expense, depletion rate is needed which can be derived by dividing the total value of the asset net of its residual value (if any) by the total producing capacity of the asset.After this, the depletion rate is used to multiply the production units of the current year.

Here is the formula for depletion rate:

a. Depletion rate = Total value of the asset - residual value

Total production capacity

Here is the formula for depletion expense

b. Depletion expense = Depletion rate x current year production units  

a. Depletion rate = $67,500,000

30,000,000

Depletion rate = $2.25

b. Depletion expense = $2.25 x 4,000,000

= $9,000,000

Note: Accumulated depletion expense account is the corresponding account for depletion expense account.

6 0
2 years ago
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