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3 years ago

8

Someone from ____________ is most likely to answer the question "Who am I?" by saying, "I am a mother" or "I work for ABC Corpor

ation."

1 answer:

Yakvenalex [24]3 years ago

5 0

Someone from $\boxed{ Japan }$ is most likely to answer the question "Who am I?" by saying, "I am a mother" or "I work for ABC Corporation."

$\large\mathfrak{{\pmb{\underline{\orange{Mystique35 }}{\orange{ヅ}}}}}$

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The ability of one country to produce a good or service more efficiently than another is called a(n) _____.

dsp73

Answer:

absolute advantage

Explanation:

the answer is absolute advantage know the explanation for it .

5 0

2 years ago

A. Two years ago your firm took out a 30- year amortizing loan to purchase a small office building. The loan has a 4.80% APR wit

vredina [299]

Answer:

i. How much do you owe on the loan today?

remaining principal balance = $484,331.31

ii. How much interest did the firm pay on the loan in the past year?

during year 2, $23,458 was paid in interests ($28,833.33 was paid in interest during year 1).

iii. Suppose starting next year (fourth year) the loan rate jumps to 7.2% APR. What is the remaining balance? What will be the monthly payment?

the remaining balance at the beginning of year 4 is $475,916
the new monthly payment will be $3,375.72

Explanation:

I prepared two amortization schedules using an excel spreadsheet. The principal on the loan was $500,000. The first one has a fixed 4.8% APR for the whole 30 years. In the second one, the APR changes to 7.2% at the beginning of year 4.

<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>

<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>

7 0

3 years ago

Ferrier Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard b

Advocard [28]

Answer:

Ferrier Chemical Company

Allocation of the joint cost, using weight as the allocation base:

For B7 = $140,000 ($600,000*35,000/150,000)

For K6 = $300,000 ($600,000*75,000/150,000)

ForX9 = $160,000 ($600,000*40,000/150,000)

Allocation of the join cost, using market value:

For B7 = $78,750 ($600,000*$210,000/$1,600,000)

For K6 = $281,250 ($600,000*$750,000/$1,600,000)

For X9 = $240,000 ($600,000*$640,000/$1,600,000)

Explanation:

a) Data and Calculations:

Joint cost of a standard batch = $600,000

B7 K6 X9 Total

Pounds generated 35,000 75,000 40,000 150,000

Sales price per pound $6 $10 $16

Market value $210,000 $750,000 $640,000 $1,600,000

Allocation of the joint cost, using weight as the allocation base:

For B7 = $140,000 ($600,000*35,000/150,000)

For K6 = $300,000 ($600,000*75,000/150,000)

ForX9 = $160,000 ($600,000*40,000/150,000)

Allocation of the join cost, using market value:

For B7 = $78,750 ($600,000*$210,000/$1,600,000)

For K6 = $281,250 ($600,000*$750,000/$1,600,000)

For X9 = $240,000 ($600,000*$640,000/$1,600,000)

b) The market value for each product class is a function of the quantity produced multiplied by the sales price per unit.

4 0

3 years ago

7.The matching principle requires that: A. revenues earned and expenses incurred in generating those revenues should be reported

dem82 [27]

Answer:

A. revenues earned and expenses incurred in generating those revenues should be reported in the same income statement.

Explanation:

A matching principle is an accounting concept which is typically used on accrual basis accounts and it states that expenses incurred by an individual or business entity should be recognized and matched in the same period with respect to the revenues they are related to.

The matching principle indicates when costs are recognized as expenses on the income statement.

For instance, company XYZ purchases a property worth $90,000 in June, it was then sold in July for $250,000. Based on the matching principle, the $90,000 cost shouldn't be recognized by company XYZ as an expense until July, when the related revenue would be recognized also. Else, if recognized, its expenses would be overstated by $90,000 in June, and consequently understated to the tune of $250,000 in July.

Hence, matching principle requires that revenues earned and expenses incurred in generating those revenues should be reported in the same income statement.

Additionally, the matching principle helps business owners to calculate their taxes and profits or losses properly.

5 0

3 years ago

Internet businesses are often called ______ businesses

jekas [21]

Answer:internet businesses are often called Ecommerce businesses

Explanation:

8 0

2 years ago

Read 2 more answers