Which of the following best exemplifies a public good?

One way in which international trade results in a higher standard of living?

Whitepunk [10]

I will will engage with this "The more a nation engages in International Trade, the better its Standard of Living will be, because no nation can make everything."

3 0

3 years ago

The recording of business transactions is a basic part of financial reporting and is referred to as:.

Karo-lina-s [1.5K]

The recording of business transactions is a basic and fundamental component of financial reporting and is known as bookkeeping.

<h3>What is Bookkeeping?</h3>

Bookkeeping is the process of recording financial transactions. It entails preparing reference papers for all company transactions, activities, and other occurrences.

The primary goal of bookkeeping is to maintain a comprehensive and precise record of all operations and transactions in a methodical, ordered, and logical way. This guarantees that the financial consequences of these activities are accounted for in the accounting books.

Learn more about Bookkeeping here:

brainly.com/question/25572872

4 0

2 years ago

What is the total cost of a 15-year mortgage if the monthly payment is $1718.70? A. $447,585.60 B.$281.683.80 C. $309, 366.00 D.

Vaselesa [24]

Answer:

Total Cost = $309,366

Explanation:

Given:

Number of year = 15 year

Monthly payment = $1,718.70

Find:

Total Cost

Computation:

Total Cost = Number of year x 12 months x Monthly payment

Total Cost = 15 x 12 x 1,718.70

Total Cost = $309,366

3 0

3 years ago

Copy equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $8,000 and

sergeinik [125]

Answer:

Results are below.

Explanation:

The depreciable cost is the result of deducting from the purchase price the salvage value:

Depreciable cost= 56,000 - 8,000

Depreciable cost= $48,000

The depreciable rate is the depreciation that the asset suffers in one year express as a percentage:

Depreciation rate= 1/5 = 0.2 or 20% per year

Finally, the units of production depreciation for the first year:

Annual depreciation= [(original cost - salvage value)/useful life of production in copies]*number of copies

Annual depreciation= (48,000/1,000,000)*240,000

Annual depreciation= 0.048*240,000

Annual depreciation= $11,520

5 0

3 years ago

A house is sold for $105,500 and the commission rate is 6 percent. If the commission is split 60/40 between the selling broker a

laila [671]

Answer: The answer is $ 1266.

Explanation: If the commission rate is 6%

The commission is = 105500. 0.06 = 6330

40% is for the listing broker = 6330. 0.4 = 2532

And half is for his salesperson = 2532/2 = 1266.

The listing salesperson receive from this sale $ 1266.

3 0

3 years ago