Answer:
4. Dumping
Explanation:
Dumping is a term used in "international trade" as the process where by a country exports a product to another country at a price that is lower in the foreign countries market and then sells for a price that is less than the manufactured price within domestic market. it endangers the market structure of the product's manufacturers or producers in the importing nation.
Answer:
Its operating expenses were $ 3.588 B
Explanation:
The operating ratio is the ratio of operating expense to the operating or revenue generated.
This ratio is used for comparison of results from the operations of various industries.
Given that the operating ratio of 78% and the operating revenue is $4.6B, the operating expense T may be computed as
78% = T/4.6 * 100%
T = 4.6 *.78
= $3.588 B
Answer:
Explanation:
Loan 3000000
Interest 4%
There are three steps to solve correction of errors entries
Step-1 what entry have been made
Step-2 what should be the actual entry.
Step-3 what should be net entry to make it correct.
Step-1 what entry have been made
Accrued Expense payble 3000000*4% 120000
Cash 120000
Wrong entry that has been in books. instead of recording expense we have reduced the liability by debiting it.
Step-2 what should be the actual entry.
interest Expense 3000000*4% 120000
Cash 120000
The correct entry that should have been made
Step-3 what should be net entry to make it correct.
interest Expense 3000000*4% 120000
Accrued Expense payble 3000000*4% 120000
Now we have debited the expense that should be recorded and to increase the laibility we have credited the liability that have been decreased in entry 1.
