Answer:
A, an economic Union.
Explanation:
An economic union is a type of trade agreement concerning the same market of commodities, between a group of countries.
The trade agreement usually involves the free flow of the factors of production as well as factors of production.
Also, the agreement means that countries that are a part of the economic union are able to adopt a currency, regulate and harmonize tax rates as well as implement similar policies.
Asides economic union, there are other types of trade agreements and they include, free-trade zones, custom union, etc.
Cheers.
As flat fee =
57.50 - 5000*0.01 = 7.50
<span>Let fee per share = x </span>
so it would be
<span> y = 0.01x + 7.5
so i conclude correct option fro above statement is
B
hope it helps</span>
Answer: The correct answer is C
Explanation:
Because it helps you do your taxes and Have a nice day
ETF is an example of d. unlisted investments, in that it is not a direct form of investment made into the stock market.
Explanation:
Mutual funds and shares are methods of investing which put the money directly to the investment in the market either through a firm or individually by the shareholder.
ETF is a virtual share or fund in which the people are able to trade with equivalence in the real market but they are dealing in virtual for their investments which means the money is not actually directly put into the market so the investment is not listed with the stock market like it would be in other cases of investment
Answer:
C) Operating expense of $800,000 and liability of $800,000
Explanation:
As based on accrual basis, an expense is the amount recognized and provided in the period to which it relates, if not paid then it is a liability and an expense.
Whereas a contingent liability is the one which is provided only in notes as the probability of its occurrence is estimated to be less than the probability of its non occurrence.
A contingent liability, when is sure to be incurred, and even the amount is known, then it is recorded as and when know, and not delayed.
Here, in the given instance the recall has to be made, and it is 100% sure, also the amount is know that is $800,000 and thus, it shall be provided in operating expense, and in balance sheet as a liability.