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3 years ago

12

A trading arrangement that eliminates most or all barriers to trade among participating nations and utilizes common barriers to

trade with other countries outside the group is called a

1 answer:

Katen [24]3 years ago

4 0

Answer:

preferential trade agreement

Explanation:

This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.

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How do corporations raise money and resources to expand? Select THREE answers.

Vladimir [108]

Correct answer choices are :

A) They request a bank loan.

D) They agree to sell stocks.

E) They issue bonds.

Explanation:

Also, interest paid on bonds is a tax-deductible business investment for the organization. The problem is that interest payments generally are made on bonds even when no profits are earned. For this reason, a smaller corporation can sometimes raise much capital by issuing bonds.

4 0

4 years ago

Read 2 more answers

A manufacturing plant is trying to determine standard production per day for an incentive program. Suppose that the incentive pr

raketka [301]

Answer:

He would receive $15 under incentive plan.

Explanation:

The given values are:

Average observed time

= 280 seconds per unit

Performance rating

= 105%

i.e.,

= 1.05

Allowance factor

= 13%

i.e.,

= 0.13

So,

⇒ $Standard \ time = \frac{(Average \ observed \ time\times Performance \ rating)}{1-Allowance \ factor}$

On putting the estimated values, we get

$=\frac{(280\times 1.05)}{(1-0.13)}$

$=\frac{294}{0.87}$

$= 337.93 \ seconds$

The available time will be:

= $(8 \ hours\times 60 \ min/hr\times 60 \ sec/min)$

= $28800 \ seconds$

Now,

The Standard production per day will be:

= $\frac{Available \ time}{Standard \ time}$

= $\frac{28800}{337.93}$

= $85.22 \ units$

Since he generates 100 units, he consumes about 15(00-85,22) units per day well above normal production.

So that he's going to get:

= $15\times 1$

= $15$ ($)

8 0

3 years ago

A common advantage of a promotion is that ______. A. You will have longer hours b. Your relationships with your peers will chang

Anna11 [10]

Answer:

C

Explanation:

7 0

3 years ago

State income taxes paid$2,000 Mortgage interest on her personal residence9,000 Points paid on purchase of her personal residence

bija089 [108]

Answer:

The amount Jordan may claim as itemized deductions on her current-year income tax return is $12,900.

Therefore, the correct answer is b.$12,900.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Jordan Johnson is single and has adjusted gross income of $50,000 in the current year. Additional information is as follows:

State income taxes paid $2,000

Mortgage interest on her personal residence 9,000

Points paid on purchase of her personal residence 1,000

Deductible contributions to her IRA 3,000

Uninsured realized casualty loss (in a Federal disaster area) 6,000

Tax preparation fees for her prior year income tax return 400

What amount may Jordan claim as itemized deductions on her current-year income tax return?

a.$12,000

b.$12,900

c.$13,300

d.$15,900

b. $12,900.

Explanation of the answer is now given as follows:

The allowable deduction for personal casualty loss that occurs in a Federal disaster area has a limit to the amount by which it is higher than $100 floor and 10% of AGI which is calculated as follows:

Uninsured realized casualty loss (in a Federal disaster area) - $100 = $6,000 - $100 = $5,900

Deductible uninsured realized personal casualty loss (in a Federal disaster area) = $5,900 - ($50,000 * 10%) = $900

Therefore, we have:

Itemized deductions for the current year = State income taxes paid + Mortgage interest on her personal residence + Points paid on purchase of her personal residence + Deductible uninsured realized personal casualty loss (in a Federal disaster area) = $2,000 + $9,000 + $1,000 + $900 = $12,900

Therefore, the amount Jordan may claim as itemized deductions on her current-year income tax return is $12,900.

The correct answer is b.$12,900.

3 0

3 years ago

The following information is available for Larkspur, Inc. for three recent fiscal years. 2022 2021 2020 Inventory $570,000 $580,

bazaltina [42]

Answer:

2020

Inventory TO 2.2

Days on Inventory 166

Gross profit margin: 42.8%

2021

Inventory TO 2.1

Days on Inventory 174

Gross profit margin: 35.6%

Explanation:

Inventory $570,000 $580,000 $330,000

Net sales 1,875,000 1,750,000 1,350,000

Cost of goods sold 1,207,500 1,001,000 939,000

2020:

$\frac{COGS }{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

COGS 1,001,000

beginning 330,000

ending 580,000

$$$Average Inventory=330000 + 580000)/2$

Inventory 455000

$\frac{1001000}{455000} = $Inventory Turnover$

Inventory TO 2.2

$\frac{365}{Inventory TO} = $Days on Inventory$

$\frac{365}{2.2} = $Days on Inventory$

Days on Inventory 166

Gross profit margin:

sales less COGS divided over sales:

(1,750,000 - 1,001,000) / 1,750,000 = 0.428 = 42.8

2021

$\frac{COGS}{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

COGS 1,207,500

beginning 580,000

ending 570,000

$$$Average Inventory=580000 + 570000)/2$

Inventory 575000

$\frac{1207500}{575000} = $Inventory Turnover$

Inventory TO 2.1

$\frac{365}{Inventory TO} = $Days on Inventory$

$\frac{365}{2.1} = $Days on Inventory$

Days on Inventory 174

Gross profit margin:

sales less COGS divided over sales:

(1,875,000 - 1,207,500) / 1,875,000 = 0,356‬ = 35.6%

7 0

4 years ago