Answer:
essential for keeping a competitive global economy and lowers the prices of goods internationally
Explanation:
Trade is essential for keeping a competitive global economy and lowers the prices of goods internationally as it spurs innovation and encourages markets to become specialised. The ability to trade also allows access to goods and services that might be of higher quality and lower cost than its domestic alternative
Answer:
c. N = 7, I/Y = 4, PV = 37,000
Explanation:
In financial Calculator the following key wii be pressed to calculate the the balance of the account (Future value)
For the number of year enter N = 7
Interest per year enter I/Y = 4
For present value enter PV = 37,000
This will calculate Malissa's account balance after 7 years which is $48,689.
So the correct answer is c. N = 7, I/Y = 4, PV = 37,000.
Answer:
Marjam's entry to record this transaction should include a c. Credit to Long-Term investments for $63,600.
Explanation:
Marjam investment in MacKenzie is a Financial Asset. A financial Asset is an obligation to receive cash.
Marjam will be paid a cash dividend based on the share of ownership it has in MacKenzie.
Share of Ownership = 63,600 shares/ 120,000 outstanding shares
= 53%
<u>Marjam's entry to record cash dividends is as follows </u>
Dividend = $120,000 × 53%
= $63,600
Debit : Bank $63,600
Credit : Long-Term investments $63,600
Answer:
Equivalent units for materials at XYZ would be equal to the addition of units in beginning work in process and the units started.
Explanation:
A weighted-average process costing system refers to a process costing system in which expenses are averaged out and applied evenly to both units transferred out and units in ending work in process.
An equivalent unit of production is a measurement of the amount of work done by a manufacturer on partially completed units of output at the end of a fiscal period. In general, fully completed units and partially completed units are expressed as fully completed units.
When a weighted-average process costing system is being used, the equivalent units is obtained as the addition of units in beginning work in process and the units started.
Therefore, equivalent units for materials at XYZ would be equal to the addition of units in beginning work in process and the units started.
