in the search for profits, u.s. corporations have been forced to look beyond our country's borders. all of the following contributed to the movement except trade protectionism.
What is trade protectionism?
The economic policy of limiting imports from other countries through means such as tariffs on imported goods, import quotas, and a range of other governmental regulations is known as protectionist, also known as trade protectionism.
Therefore,
in the search for profits, u.s. corporations have been forced to look beyond our country's borders. all of the following contributed to the movement except trade protectionism.
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Contact management is a system that tracks all communications between the company and the customer, the purpose of each communication, and any necessary follow-up.
Answer:
Annual depreciation= $10,160 a year
Explanation:
Giving the following information:
Ivanhoe Company purchased a new machine on October 1, 2017, for $77,980. The company estimated that the machine has a salvage value of $6,860. The machine is expected to be used for 72,900 working hours during its 7-year life.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (77,980 - 6,860)/7= $10,160 a year
Answer:
Month incurred Amount June July August
June 75,000 37500 18,750 18,750
July 95,000 47,500 23,750
August 95,000 47,500
37,500 66,250 90,000
The expected cash receipts are:
June = $37,500
July = $66,250
August = $90,000
Explanation:
The pattern of collection of sales is that 50% are collected in the months of sales while 25% each will be collected in the following month and following 2 months. For instance, 50% of June sales are collected in June, 25% are realized in July and 25% are collected in August. 50% of July sales are realized in July and 25% are collected in August.
