<h3>International trade raises the standard of living in all trading countries.
</h3>
Explanation:
International trade is an inter country exchange of goods and services. Globally, exporting offers people and countries the ability to be exposed to goods and services that are not available in their nations, or that would cost more domestically.
Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.
Answer:
D) Materiality is a matter of professional judgement
Explanation:
Answer:
$996,267.41
Explanation:
The Net Present Value of Alpha`s project can be determined by using the CFj Function of a Financial Calculator as follows :
<em>- $400,000 CF0</em>
<em>$325,000 CF1</em>
<em>$500,000 CF2</em>
<em>$400,000 CF3</em>
<em>$475,000 CF4</em>
<em>I/YR = 8%</em>
<em>Then, SHIFT NPV gives $996,267.41</em>
Thus, Alpha's net present value (NPV) is $996,267.41.
<span>a. True
An accrued expense is an expense that exists in the books before it is paid off and it's a liability. It's a periodic and documented expense, and they are the opposite of prepaid expenses. A salary owed to employees is an example of an accrued expense.</span>