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cestrela7 [59]
3 years ago
10

What is trade?clarify the importance of foreign trade in nepal in five points.​

Business
2 answers:
Fantom [35]3 years ago
8 0

Answer:

trade plays an important role in

economic development of a country.

Explanation:

  1. it promote economic development.
  2. improving competative capacity
  3. expanding market
  4. providing modern technologies and machinery and for agriculture sector
  5. last one is not remember

hope it help you

MrMuchimi3 years ago
4 0

Answer:

Buying and selling good is called trade. that's importance of foreign trade in Nepal are:

1.The currency of the rich nation is reliable so foreign trade enable us to earn this foreign currency by selling products.

2. it help to preserve our traditional art and crafts skill.

3.if one country concentrate on a certain products,they can develop skills and knowledge and product very high quality good.

4. it is sensible to use resources and tools in place where they found

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enot [183]
Anomie is the lack of the usual social or eithnical standards.
7 0
3 years ago
The Chart Company has a process costing system. All materials are added when the process is first begun. At the beginning of Sep
Mnenie [13.5K]

Answer:

58,560 units

Explanation:

The computation of the equivalent units of production for the conversion cost is shown below:

We know that,

Ending work in progress inventory = Units started - units completed

6,100 units = 61,000 units - units completed

So, units completed = 61,000 units - 6,100 units = 54,900 units

It is given in the question that 3 ÷ 5 means 60% ending work in progress inventory units is completed,  

So completed units = 6,100 × 60% = 3,660 units

So,the equivalent units of production equals to

= Units completed + completed units in ending inventory

= 54,900 units + 3,660 units

= 58,560 units

6 0
4 years ago
Under the terms of his salary agreement, president Steve Walters has an option of receiving either an immediate bonus of $71,500
Semenov [28]

Answer: Walters should accept the immediate bonus of $71,500. See explanation below.

Explanation: In order to determine the better form of settlement, we will have to calculate the present value of $91,000 payable in 10 years, at a 4% interest rate and compare the answer with $71,500.

The formula for calculating present value (PV) is given as:

PV = C/(1 + r)^n

Where;

C = amount of money payable ($91,000)

r = percentage interest rate (4%)

n = number of years (10 years)

PV = 91,000/(1 + 0.04)^10

PV = 91,000/(1.04)^10

PV = 91,000/1.48

PV = 61,486.486

Therefore, the present value of $91,000 payable in 10 years at a 4% interest rate is approximately $61,486.50. This value is lesser than $71,500.

Hence, the form of settlement that Walters should accept is an immediate bonus of $71,500.

3 0
3 years ago
At the end of the current year, $22,650 of fees have been earned but have not been billed to clients. Required: A. Journalize th
const2013 [10]

Answer:

A. Adjusting Journal Entries:

Dec. 31, 2019:

Debit Accounts Receivable $22,650

Credit Service Fee Revenue $22,650

To record fees earned, but not yet billed to clients.

B. No. If the cash basis rather than the accrual basis had been used, an adjusting entry would not have been necessary.

Explanation:

Adjusting entries are only required to align the cash-basis accounting records to the accrual basis.  Adjustments are made for prepayments of expenses, unpaid expenses, deferred revenue, unearned earned and earned revenue, and depreciation charges.  For an entity operating on a cash basis, adjusting entries are not required.

Adjusting entries ensure that accounting records comply with the accrual concept and matching principle of generally accepted account practises.  The requirement under this concept with the matching principle is to accrue and match expenses and revenue to the related revenue and expenses and period.

7 0
4 years ago
If we are covering labor and overhead costs of an item in a Managerial Accounting course, we are referring to which concepts?
Umnica [9.8K]

Answer: D. Manufacturing cost

Explanation:

Manufacturing costs include all costs related to the production of a good. This includes direct costs such as direct labor and material and also manufacturing overheads such as assembly line manager salary.

When talking about both labor and overhead costs in relation to a good in managerial accounting, the relevant concept is therefore manufacturing costs as it envelops the two terms.

6 0
3 years ago
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