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3 years ago

U.S.-based companies should turn to the _____ for the most comprehensive source of export information.

Business

1 answer:

Juliette [100K]3 years ago

6 0

Answer:

Department of commerce

Explanation:

U.S.-based companies should turn to the department of commerce for the most comprehensive source of export information.

The department of commerce is a section in the United States government. It creates jobs through good and favorable international trade terms, sustainable development and through access to high technology.

It provides companies with trade informations of which exports is one.

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On March 12, a company provides services on account to an individual Hospital for $9,100, terms 2/10, n/30. An individual does n

shutvik [7]

To record the transactions with the individual hospital company, the following journal entries are made:

<h3>Journal Entries:</h3>

March 12: Debit Accounts Receivable $9,100

Credit Services Revenue $9,100

To record the sale of services on terms 2/10, n/30.

March 31: Debit Cash $9,100

Credit Accounts Receivable $9,100

To record the receipt of cash in full settlement.

<h3>Transaction Analysis:</h3>

March 12: Accounts Receivable $9,100 Sales Revenue $9,100

Terms 2/10, n/30

March 31: Cash $9,100 Accounts Receivable $9,100

Thus, the journal entries for the customer do not require the recognition of the 2% sales discount since the customer could not pay within the discount window.

Learn more about recording transactions at brainly.com/question/17201601

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3 0

2 years ago

Four ways in which the kruger national park combats rhino poaching

alina1380 [7]

As I remember it correctly four strategies <span>in which the kruger national park combats rhino poaching sound like that:
*Restricted trade in rhino horn;
*Unrestricted trade in rhino horn;
*Status Quo;
*Demand reduction.</span>

5 0

3 years ago

In studying problem solving behavior in kittens, Thorndike used which term to describe behaviors they displayed to escape an enc

Alexus [3.1K]

Answer:

The answer is Instrumental behavior. It is an action performed to reach a goal, such as to obtain a food item, achieve some other kind of reward, or remove a punishment; the behavior causes the desired outcome. Problem-solving is a subset of instrumental behavior, invoked when a direct action (such as reaching for an object) cannot achieve the goal and an indirect approach must be used (such as opening a container to get the object). To paraphrase Thorndike, a problem exists when the goal that is sought is not directly attainable by the performance of a simple act available in the animal's repertoire.

Explanation:

6 0

3 years ago

Noah Construction Company is building a large complex for a contract price of $5,000,000. This is a three-year project and the r

Zepler [3.9K]

Answer:

$625,000

Explanation:

Calculation for how much income is recognized in Year 3

First step

Year 1 2 3

Cost incurred Till date

1000 (1000+1500)2500 (2500+1250)3750

Estimated cost to complete

3000 1500 0

Total cost of contract

4000 4000 3750

Second step

Using this formula to calculate for the percentage of completion for each year

Percentage of completion =Cost incurred till date /Total cost

Let plug in the formula

Yeat 1= 1,000/4,000 =25%

Year 2= 2,500/4,000 =62.5%

Year 3=3,750/3,750 =100%

Last step

Year 1 2 3

Contract price 5000 5000 5000

Less:Total cost (4000) (4000) (3750)

Gross profit 1000 1000 1250

Percentage of completion

25% 62.5% 100%

Gross profit to be recognized till date (1000*25%)=250 (1000*62.5%)=625 (1250*100%)=1,250

Less:Gross profit recognized till prior year

0 -250 -625

Gross profit to be recognized in current period

250 375 625

Hence;

Year 1 Gross profit is $250,000

Year 2 Gross profit is $375,000

Year 3 Gross profit is $625,000

Therefore the amount of income recognized in year 3 will be $625,000

8 0

3 years ago

Script, Inc., has two product lines. The September income statements of each product line and the company are as follows: SCRIPT

Firdavs [7]

Answer:

Script, Inc.

Territory and Company Income Statements

For the Month of September

Florida$ Alabama$ Company Total$

Sales

Pens 18000 12000 30000

Pencils 9000 21000 30000

Total sales [A] 27000 33000 60000

Variable cost

Pens 7200 4,800 12000

[18000*.4] [12000*.4]

[12000 Variable cost / 30000 = 0.40 per pen ]

Pencils 3600 8400 12000

[9000*.4] [21000*.4]

[12000 Variable cost /30000 = 0.4 per pencil]

Total var. cost [B] 10800 13200 24000

Contribution A-B 16200 19800 36000

D. fixed expenses 2000 3000 5000

Territory margin 14200 16800 31000

Common fixed expenses

Pen 9000

Pencil 7000

Home office <u>1000</u>

Total 17,000 <u>(17000)</u>

Net income <u>14000</u>

6 0

3 years ago