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2 years ago

China's growth rate has___

Business

1 answer:

aliya0001 [1]2 years ago

5 0

Answer: E. topped, but its real GDP per person is still lower than other industrialized countries

Explanation:

China has seen consistent growth for much of the past 20 years which has enabled them to topped the growth rate of most other countries.

Their real GDP per person however, is still lower than other industrialized nations like the U.S. and U.K.

This is due to their large population - largest in the world - making their GDP per person appear smaller despite them having a very substantial real GDP.

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On March 3, Cobra Inc. purchased a desk for $440 on account. On March 22, Cobra purchased another desk for $585 also on account,

alexdok [17]

Answer:

desks = 1,025

Explanation:

440

1,025

Notice:

We should add the cost of the two desk to get the total amount.

The debt or account payable at the moment doesn't reduce the valuation fo the desk.

The depreciation will. But we are not given with any numebr to calculate this, so we should ignore it for this assingment.

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2 years ago

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2 years ago

Until the mid-1700s, the 13 colonies often had diverse histories and economies, which provided ___________.

Natali [406]

Until the mid-1700s, the 13 colonies often had diverse histories and economies, which provided <span>little incentive for them to join together to meet shared goals.
Since these colonies were so different, they didn't have any common cause or a reason to band together so as to achieve such common goals.
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2 years ago

oee [108]

Answer:

a. Ending merchandise inventory is overstated by $4,000.

net sales revenue of $59,000

cost of goods sold of $17,000 + $4,000 = $21,000

gross profit = $38,000

Since ending inventory was overstated, it means that COGS were understated.

b. Ending merchandise inventory is understated by $4,000.

net sales revenue of $59,000

cost of goods sold of $17,000 - $4,000 = $13,000

gross profit = $46,000

Since ending inventory was understated, it means that COGS were overstated.

3 0

2 years ago

On July 1 Olive Co. paid $7,500 cash for management services to be performed over a two-year period. Olive follows a policy of r

Tcecarenko [31]

Answer:

The journal entry to record this should be:;

July 1, Year 202x, cash received as deferred revenue

Dr Cash 7,500

Cr Deferred revenue 7,500

Explanation:

Accrual accounting states that both revenues and expenses must be recorded during the periods that they actually occur, and not necessarily when any cash transfer is associated to them.

In this case, the adjusting entry for accrued revenue on December 31 should be:

December 31, year 202x, accrued revenue

Dr Deferred revenue 1,875

Cr Service revenue 1,875

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2 years ago