Answer:
Revenue Expenses in net income
Gain / losses in Other comprehensive income
Explanation:
Revenue and Expenses of an entity is reported in the net income section of income statement. the second section of income statement deals with unrealized gains / losses and any gain or losses from discontinuing operations as well. Net income also added to the other comprehensive income to calculate total net income or total comprehensive income.
Answer:
Bellisima's opportunity cost:
Production of rye per million hours of labor = 24 / 12 = 2 pairs of jeans
Production of jeans per million hours of labor = 12 / 24 = 0.5 bushels of rye
Dolorium's opportunity cost:
Production of rye per million hours of labor = 32 / 8 = 4 pairs of jeans
Production of jeans per million hours of labor = 8 / 32 = 0.25 bushels of rye
Dolorium has a comparative advantage in the production of jeans while Bellisima has a comparative advantage in the production of rye.
If both countries specialize:
Bellisima will produce 48 million bushels of rye.
Dolorium will produce 128 million pairs of jeans.
Total production of rye has increased by 12 million bushels.
Total production of jeans has increased by 24 million pairs.
Answer:
$7,879
Explanation:
The computation of the adjusted cash balance per bank at July 31 is shown below:
Adjusted cash balance per bank = Cash balance per bank + deposits in transit - outstanding checks
= $7,291 + $1,350 - $762
= $7,879
The other items which are mentioned are related to the adjustment made to the cash balance
Hence, ignored them
It should be noted that Centrally planned economies allocate resources based on decisions by government.
<h3>What is Centrally planned economies all about?</h3>
A centrally planned economy can be regarded as the economy whereby price and allocation of resources, goods as well as services is been controlled government.
This us done by the government instead of autonomous agents like that of free market economy.
Learn more about Centrally planned economies at:
brainly.com/question/13628349
You can easily apply for loans and support funds both within and outside the country. It also grants you access to funding from the government and private sector.