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2 years ago

The G20 represents the financial interest of nations that account for about _____________ of world trade.â€‹

Business

2 answers:

labwork [276]2 years ago

5 0

Answer:

about 80% of world trade

Explanation:

The G20 consists of 19 individual countries and the European Union. If trade within the EU is included, the members account for about 80% of world trade. If trade within the EU is excluded, the members account for about 75% of world trade.

Arlecino [84]2 years ago

5 0

Answer:

<h3>About 80% of world trade</h3>

Explanation:

<h3>#CARRYONLEARNING</h3>

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The final step in recognizing the completion of production requires a company to?

Maru [420]

'The final step in recognizing the completion of production requires a company to debit Finished-Goods Inventory and credit Work-in-Process Inventory.

Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.

Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production.

The economist classifies the factors of production into his four categories: land, labor, capital and entrepreneurship. The first element of production is land, which includes all natural resources used to produce goods and services.

Learn more about production brainly.com/question/16755022

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4 0

2 years ago

Kilroy Corporation provides services to a customer for $1,000. The customer complained that there was a slight defect in the ser

nordsb [41]

Answer:

debit to Sales allowance of $50

Explanation:

When some defect in a product is revealed or notified by the buyer, the seller usually grants the customer an allowance which is termed as sales allowance.

It is usually allowed when the customer agrees to keep the product instead of returning the defective product which would constitute sales returns.

Following journal entry is recorded for recording sales allowance

Sales Allowance A/C Dr. $ 50

To Accounts Receivable $50

(Being allowance for defects recorded)

Sales allowance is deducted from gross sales before the customer makes payment.

8 0

3 years ago

Use below information to prepare general journal entries for Belle Co.'s 1 through 7 transactions.

antoniya [11.8K]

Answer:

Belle Co.

General Journal Entries

1. Debit Cash $6,000

Debit Equipment $7,600

Debit Web Servers $12,000

Credit Common Stock $25,600

To record the assets exchanged for common stock by D. Belle.

2. Debit Prepaid Insurance $4,800

Credit Cash $4,800

To record the prepayment of insurance coverage.

3. Debit Supplies $900

Credit Accounts Payable $900

To record the purchase of supplies on account.

4. Debit Selling Expenses $800

Credit Cash $800

To record the payment of selling expenses for cash.

5. Debit Cash $4,500

Credit Service Revenue $4,500

To record the receipt of cash for services rendered.

6. Debit Accounts Payable $900

Credit Cash $900

To record the payment on account.

7. Debit Equipment $3,400

Credit Cash $3,400

To record the payment for the purchase of equipment.

Explanation:

a) Data and Transaction Analysis:

1. Cash $6,000 Equipment $7,600 Web Servers $12,000 Common Stock $25,600

2. Prepaid Insurance $4,800 Cash $4,800

3. Supplies $900 Accounts Payable $900

4. Selling Expenses $800 Cash $800

5. Cash $4,500 Service Revenue $4,500

6. Accounts Payable $900 Cash $900

7. Equipment $3,400 Cash $3,400

4 0

3 years ago

Mauro Products distributes a single product, a woven basket whose selling price is $13 per unit and whose variable expense is $1

Ira Lisetskai [31]

Answer:

Break-even point in unit sales = 2,300 units

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales = $33,810.14 (Approx)

Explanation:

Given:

Selling price = $13 per unit

Variable expense = $11 per unit

Fixed expense = $4,600

Computation:

Break-even point in unit sales = Fixed expense / [Selling price - Variable expense]

Break-even point in unit sales = 4,600 [13-11]

Break-even point in unit sales = 2,300 units

Contribution margin = [(13-11)] / 13 = 15.38%

Break-even point in dollar sales = Fixed expense / Contribution margin

Break-even point in dollar sales = $4,600 / 15.38%

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = [4,600+600][13-11]

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales = Fixed expense / Contribution margin

New break-even point in dollar sales = $5,200 / 15.38%

New break-even point in dollar sales = $33,810.14 (Approx)

4 0

3 years ago

Suppose you believe that Delva Corporation's stock price is going to decline from its current level of $82.50 sometime during th

Yakvenalex [24]

Answer:

B. $1,989.75

Explanation:

Cost of option (C) = $510.25

Option selling price (Po) = $85 per share

Share price when selling (Ps) = $60 per share

Number of shares (n) = 100 shares

Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:

$E=(P_o-P_s)*n\\E=(\$85-\$60*)100\\E=\$2,500$

To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:

$P=E-C= \$2,500-\$510.25\\P=\$1,989.75$

6 0

3 years ago