Evaluating the effect of the risk is it
Here are the
things needed to be considered:
20 feet= 1
TEU
40 feet= 1
TEU
<span>For 70
twenty-foot containers, multiply it with the conversion factor (1 TEU/1
twenty-foot) then cancel the twenty-foot unit. The answer is 70 TEUs. As for 30
forty-foot containers, you apply the same process but you use the 2nd conversion
factor which is (2 TEUs/ 1 forty-foot). The answer is 60 TEUs. </span>
<span>So 70+ 60= 130 TEUs
</span>
Answer:
The accounts to use for transactions is shown below. it also indicates which transaction is placed either in the debit or credit side.
Explanation:
Solution
Accounts Debited Accounts Credited
a. Utilities Expense Utilities Payable
b. Utilities Payable Cash
c. Prepared insurance Cash
d. Insurance Expense Prepared insurance
e. Cash Unearned Cash
f Unearned Fees Fees Earned
g. Office supplies Cash, Accounts Payable
h Cash Notes Payable
i Interest Expense Interest Payable
j Depreciation Expense-Office
(Office Equipment) Accumulated Depreciation
(Office Equipment)
Answer:
When total expenditures are greater than total production, <u>less</u> is produced than households want to buy, which leads to <u>decrease</u> in inventory, which signals firms that they have <u>under-produced,</u> which causes firms to increase production.
Explanation:
- When total expenditures are greater than total production, then the business will have low production.
- If the production is lower than the customer's demand then it will decrease in inventory.
- If the production is less than the demand of the customer, then in order to fulfill the gap, we need to increase our production.
Answer: $200
Explanation:
To qualify as a Casualty loss, the event that led to the damage or destruction must have been unexpected such as an accident, hurricane, fire etc.
When calculating for the Casualty loss deduction, we simply deduct the money received from the insurance from the Adjusted basis,
Casualty loss deduction = Adjusted basis - Cash received from the Insurance company
= $14,000 - $10,000
= $4,000
Since it is After any limitations, we also deduct a cost per event floor of $100 and 10% of the AGI
=4,000 - 100 - (37,000*0.1)
= $200
Belinda's casualty loss deduction (after any limitations) is $200.
