Answer:
Limited natural resources such as infertile land and lack of coastal access can limit economic growth for a country.
Explanation:
Natural resources are a source of wealth for the country. Mineral such oil and precious stones have made nations wealthy.
Land is a factor of production. Lack of fertile lands will make a nation dependent on imports for its food security. Access to coastal areas facilitates cheaper and fast international trade. Landlocked countries use harbor of other nations for global business. Goods and services from landlocked counties may be more expensive as a result of high transport costs.
Answer:
( c ) $27,950
Explanation:
The computation of the uniform amount that should be deposited is shown below:
= Accumulated sum of amount × (A/F, 14% ÷ 2, 2 × 6)
= $500,000 × (A/F, 7%, 12)
= $500,000 × 0.0559
= $27,950
hence, the amount that should be deposited is $27,950
Hence, the correct option is c. $27,950
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
I have attached an Excel Sheet that identifies all the events that need to be accounted for. If you have any queries regarding the Journal Entries, please free to ask me that.
B) The Balance of Accounts Receivable at Year End is $3,000.
Explanation:
Hardy Merchandising Company made Sales of $27,000 on account, out of which $24,000 were collected during the year. So, at the year end the Balance Sheet will show a figure of $3,000 for Accounts Receivable.
Thank You!
Answer: Full service retailer
Explanation: In a full service retailing a business organization makes use of fully trained personnel to actively attend to each customer demands. These sales representative answers questions about the product while outlining benefits of purchasing the product to the purchaser.
The carat organization is actively using the full service retailing method. Where each customer is actively attended to and appropriate explanation on the product is given
