Answer: A customs union requires all members to have a common external trade policy with non-union members.
Explanation: The feature that differentiates a customs union from a free trade area is that a customs union requires all members to have a common external trade policy toward non members. Free trade areas are permitted to negotiate different tariffs with different countries, contrary to the operation of customs unions.
Answer:
The budgeted cash payments for the second quarter are $225000
Explanation:
The cash payments in the second quarter will comprise of cash purchases for the second quarter which are 35% of purchases for the second quarter along with 65% of payments due for purchases of the first quarter.
The cash payment budgetedn for the second quarter is,
Cash payment = 0.35 * 264000 + 0.65 * 204000 = $225000
Answer:
The correct option is A. Using numbered or bulleted lists.
Explanation:
EXPLANATION
A. Using numbered or bulleted lists
<em>Use numbered lists when you're explaining instructions that need to be performed in sequence. In situations where numbers are not essential use bullets, especially in business related documents</em>
<em>Bulleted lists are used to make items stand out from the text without implying order of importance. They may include punctuation marks like commas and semicolons</em>
This is the correct answer, use of numbered list. We were told in the question to follow a particular order to fill out an expense report. You begin by writing your name and end by obtaining the supervisor’s signature
B. Using graphic techniques
<em>Graphics are visual elements that can be used to point readers and viewers to a particular information. Graphic techniques are visually engaging in order to attract and inform a large audience. Diagrams and graphs can help learners comprehend abstract concepts using visual language to depict meaning. For instance, in diagrams the connecting lines between elements help learners understand relationships. Bar graphs make it easy to compare data; line graphs help learners understand trends</em>
This option is wrong. The expense report is not a new concept
C. Developing parallelism for balance
Parallelism in literature is the repetition of a word or phrase within a sentence or group of sentences. It is used to help organize ideas, but also to make the ideas memorable.
This option is also wrong
The net short term capital loss for Elliott for 2021 will be $(2100); and the net long term capital gain will be $9,300.
<h3>What is capital gain?</h3>
The gain or positive returns made on the investment or engagement of money during a particular period is known as a capital gain. A short term capital gain is derived within 1 year; and long term is more than a year.
Hence, the capital gains and losses made by Elliott are aforementioned.
Learn more about capital gain here:
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Answer:
These two are cash equivalents:
Money market funds
Three-month Treasury bills
Because they represent short-term investments that a company makes with the goal of getting rid of any excess cash that would otherwise be left unused while it is losing value because of inflation.
In other words, the main goal of investments in money market funds and three-month treasury bills, is to prevent cash from losing value due to inflation, and because of that, those investments are considered cash equivalents.