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3 years ago

The following table shows the approximate value of exports and imports for the United States from 1997 through 2001.

Business

1 answer:

Alla [95]3 years ago

5 0

Answer:

Year Exports - Imports Percentage of GDP

1997 -101.4 1.22%

1998 -161.8 1.84%

1999 -262.1 2.80%

2000 -382.1 3.84%

2001 -371 3.61%

We can see that the deficit in grew every year except for the year 2001, when it was reduced a bit. This was because the U.S. began to import more goods than it exported.

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Started businesse with cash rs 5000 and bank balance rs 10000

notka56 [123]

Answer:

maybe he earned 5000 more

Explanation:

5000+5000=10000

8 0

3 years ago

Midtown, Inc. had the following transactions in 2018, its first year of operations: bullet Issued 31,000 shares of common st

Anna007 [38]

Answer:

The stockholders' equity is $6,90,000.

Explanation:

<u>Calculating the Total stockholders' equity:</u>

Total stockholders equity = Beginning stock equity + Net income

Total stockholders equity = (31,000 * 20) + 70,000

Total stockholders equity = 6,20,000 + 70,000

Total stockholders equity = $6,90,000

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3 years ago

On December 31, 2018, Gardner Company holds debt securities classified as HTM with a face amount of $100,000 and a carrying valu

Sunny_sXe [5.5K]

Answer:

$2,850

Explanation:

Given the following :

Face value of security = $100,000

Carrying value = $95,000

Effective interest rate = 6%

Interest paid semianually = $2500

The effective interest revenue recognized for the six months ended December 31, 2018 is:

IF effective interest rate = 6%

Semiannual interest = 6% / 2 = 3%

Therefore effective interest revenue for six months will be the product of the carrying value and the interest rate within the six months period :

3% = 0.03

0.03 * $95,000 = $2,850

3 0

3 years ago

The Sterns have a family business growing vegetables and herbs for local markets and restaurants on their 10-acre farm. Which of

kotegsom [21]

size of the business, because resources are likely limited for a family enterprise

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3 years ago

Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat

SSSSS [86.1K]

Answer: C. $950

Explanation:

Hello.

Your question was missing a few details so I threw them in. You'll find it in attachments.

To calculate the total Manufacturing costs for Job 201 we would need to calculate the overhead cost allocation rate first to find out how much Overhead to allocate to Job 201.

Using a normal costing system with direct labour cost as the allocation base,

Overhead allocation rate = (Overheads/Direct Labor Cost)*100

= (100,000/50,000)*100

=200%

Overhead allocation rate is 200% or 2x direct labor cost.

Now to calculate the total Manufacturing costs of Job 201,

Total manufacturing cost for Job 201 = Direct Material + Direct Labor + Manufacturing Overheads

= 350 + 200 + (200*2 for manufacturing overhead)

= 350 + 200 + 400

= $950

$950 is the total manufacturing cost for Job 201 making option C correct.

7 0

3 years ago