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3 years ago

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4. Analyze the overall financial situation from a cross-sectional viewpoint. Compare each company’s ratios with the industry ave

rage. What are the strengths and weaknesses of each company? Which company is best to invest in and why? (3 marks)

1 answer:

Ksenya-84 [330]3 years ago

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02928474728181938473

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Classical Economics assumes there is neither __________ nor international trade involved with the economy..

wlad13 [49]

Answer: Government

Explanation:

Classical theory of economics states that the economy is self regulated and operates at full employment. It states that the economy is fully capable of achieving real GDP output when employment is full. It assumes that there is neither government nor international trade involved with the economy.

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4 years ago

Exercise 5-17A Record notes receivable and interest revenue (LO5-7) On April 1, 2021, Shoemaker Corporation realizes that one of

garik1379 [7]

Answer:

The Journal entries are as follows:

(a) On April 1, 2021

Notes receivable A/c Dr. $600,000

To Cash A/c $600,000

(To record loan given)

(b) On December 31, 2021

Interest receivable ($600,000 × 11% × 9/12) A/c Dr. $49,500

To Interest revenue $49,500

(To record accrued interest)

(c) On April 1, 2022

Cash A/c Dr. $666,000

To Notes receivable $600,000

To Interest receivable $49,500

To Interest revenue $16,500

(To record collection)

Notes:

Interest revenue on April 1, 2022:

= 11% of loan amount for 12 months - Accrued interest

= 0.11 × $600,000 - $49,500

= $66,000 - $49,500

= $16,500

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3 years ago

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch

pashok25 [27]

<span>In this case, there would be deflation at the annual rate of 10%. This is because the value of the basket has become less, and is a rate of $1/$10 less for year two than it was during the first year. When a basket is worth less, deflation has taken place.</span>

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3 years ago

If a tangible good or service performs the promised function dependably, we say that it has high:

kobusy [5.1K]

Hello there,
The answer to your question is reliability

Hope this helps :))

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4 years ago

Policy that is intended to provide skills training for unemployed individuals is primarily intended to reduce?

kirill [66]

Policy that is intended to provide skills training for unemployed individuals is primarily intended to reduce frictional unemployment.

Frictional unemployment is the result of voluntary employment transitions within an economy. Frictional unemployment generally occurs in a growing and stable economy.

Workers who are choosing to leave their jobs in search of new ones and workers who are entering the workforce for the first time constitute frictional unemployment.

It does not include workers who remain in their current job until finding a new one.

It contributes to the overall employment picture and is also a part of natural unemployment, which is considered as the minimum unemployment rate in an economy due to economic forces and movement of labor.

To know more about frictional unemployment here:

brainly.com/question/13184639

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1 year ago