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lisov135 [29]
2 years ago
12

Free Trade Agreements promote which of the following?

Business
1 answer:
Y_Kistochka [10]2 years ago
8 0

Answer:

I beleive all of these would be the answer sorry if I am incorrect

Explanation:

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The balance sheet of Indigo Company at December 31, 2019, includes the following. Notes receivable $54,600 Accounts receivable 1
Alchen [17]

Answer:

Prepare the journal entries for above accounts

Explanation:

1. Cash   Dr.147,000

   Sales Discount Dr.1,314

   A/R                                   Cr.148,314    

2. Account  Receivable     Dr.5,620

    Disallowance for Bad debts        Cr.5,620

3.  Allowance for Doubtful Accounts  Dr.26,900

    Account Receivable                        Cr.26,900

4.  Bad Debts Expense    Dr.26,900

    Allowance for Doubtful Accounts   Cr.26,900

             

8 0
3 years ago
How long would it take for Nico to save an adequate amount for retirement if he deposits​ $40,000 per year into an account begin
dalvyx [7]

Answer: It will take Nico approximately 12 years

Explanation:

Payments = $40000

r = 12%

Future Value = 1000 000

Future Value annuity = Payments((1 + r)^n - 1)/r

1000000 = 40000((1 + 0.12)^n - 1)/0.12

40000((1.12)^n - 1) = 1000000 x 0.12

(1.12)^n -1 = 120000/40000

(1.12)^n = 3 + 1

nlog(1.12) = log(4)

n = log(1.12)/log(4) = 12.232510748

n ≈ 12 years

It will take Nico approximately 12 years

6 0
2 years ago
Read 2 more answers
The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3
Citrus2011 [14]

Answer:

(A) 18,400 units

(B) 12,940 units

Explanation:

The computation of the equivalent units of production for

(A) Material =  Units transferred out +  Ending work in process

                   = 9,300 units + 9,100 units

                   = 18,400 units

(B) Conversion  =  Units transferred out +  (Ending work in process × conversion percentage)

= 9,300 units + 9,100 units × 40%

= 9,300 units + 3,640 units

= 12,940 units

7 0
3 years ago
Cardinal Health bonds have an annual coupon rate of 3.4 percent and a par value of $1,000 and will mature in 7 years. If you req
Alex787 [66]
  • The answer is "$716.56", and the further calculation can be defined as follows:
  • Health care business, Cardinal Health Leading provider healthcare, and biopharmaceutical products and services that help pharmacists.
  • The healthcare providers impact on customer care whilst reducing costs, improving productivity, or increasing productivity.

Annual coupon to be paid\bold{= \$1000 \times 3.4\%= \$1000 \times \frac{3.4}{100}  = \$34}

years = 7

Calculating the bond price:

= \$1000 \times PVF(5\%, 7\ years) +\$34 \times PVAF(5\%, 7\ years) \\\\= \$1000 \times 0.71068 +\$34 \times 0.17282\\\\= \$710.68 + \$5.87588\\\\= \$716.55588\\\\= \$716.56\\\\

So, the final answer is "$716.56".

Learn more:

brainly.com/question/15570099

5 0
3 years ago
Knowledge Check 03 On January 5, 2015, Barnaby, Inc., purchased a patent costing $100,000 with a useful life of 20 years. The co
Finger [1]

Answer:

The journal entry is as follows:

Explanation:

January 5       Patent A/c..................Dr        $100,000

                             To Cash A/c............Cr           $100,000

As patent is purchased so asset is increasing and any increase in asset would be debited. Therefore, patent account is debited. And it is purchased against cash and decrease in asset is credited. Therefore, cash account is credited.

December 31    Amortization expense- Patent................Dr                $5,000

                                    To Accumulated Amortization- Patent........Cr      $5,000

Working Note:

Patent Cost is $100,000

Useful life is 20 years

Amortization expense = Patent Cost / Useful life of asset

                                     = $100,000 / 20

                                     = $5,000

7 0
2 years ago
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