All categories

3 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?

Business

1 answer:

frosja888 [35]3 years ago

6 0

Answer:

The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.

Explanation:

You might be interested in

Whats a healthly credit score?

aleksley [76]

721-749 is a good credit score. But 721 and up is good

5 0

4 years ago

Read 2 more answers

The cost of goods not yet sold is recorded in the ______ account, whereas the cost of goods that are sold to customers is record

gregori [183]

The answer is inventory account and Cost of goods sold account(COGS) respective to the order of the blanks.

Goods not yet sold means the stock we still have in our inventory. Therefore, the costs related to them will be shown in the inventory account as an asset. As we can recover the cost by selling the goods.

On the other hand, goods sold are included in the sales. Therefore, the costs related to these goods which are sold should be written off and adjusted with the sales account by recording them in the Cost of goods sold (COGS) account

Hence, The cost of goods not yet sold is recorded in the Inventory account, whereas the cost of goods that are sold to customers is recorded in the Cost of goods sold account.

Learn more about Cost of goods sold:

brainly.com/question/5829019

#SPJ4

6 0

2 years ago

With an inflation rate of 9 percent, prices would double in how many years?

Julli [10]

Answer:

8 years

Explanation:

the rule of 72 calculates how long it takes for an amount to double given interest rate

72 / 9% = 8 years

7 0

3 years ago

Sinclair Manufacturing Company experienced the following accounting events during its first year of operation. With the exceptio

matrenka [14]

Answer:

Please see the attached image for the Horizontal Financial Statements of Sinclair Manufacturing Company.

Explanation:

5. FURNITURE - Straight Line Method

Book Value of Furniture = Cost of Acquisition - Residual Value

Cost of Acquisition = $9,600

Residual Value = $1,600

Book Value of Furniture = $9,600 - $1,600

Book Value of Furniture = $8,000

Useful Life = 4 years

Depreciation Expense = $8,000 / 4 years

Depreciation Expense = $2,000 per year

6. EQUIPMENT - Straight Line Method

Book Value of Equipment = Cost of Acquisition - Residual Value

Cost of Acquisition = $16,000

Residual Value = $1,000

Book Value of Furniture = $16,000 - $1,000

Book Value of Furniture = $15,000

Useful Life = 5 years

Depreciation Expense = $15,000 / 5 years

Depreciation Expense = $3,000 per year

6 0

4 years ago

Especially for projects with long lives, estimation of revenues (or benefits), costs, and cash flows is a difficult task princip

Ghella [55]

Uncertainty about future events
Estimating revenues (or benefits), costs, and cash flows is a challenging endeavor, especially for projects with lengthy lifespans, in large part due to uncertainty about the future.

The variability level of cash flow is referred to as the uncertainty of cash flow. On the one hand, it stands for the consistency and predictability of cash flow, but on the other, it also symbolizes the potential for future growth and improved performance of the company.
Due to changes in the macro aspect, the integrated force of the macroscopic environment and microcosmic environment, which affects cash flow, is primarily represented in economic uncertainty factors.
For more information about cash flow please refer to -brainly.com/question/14341220
#SPJ4

5 0

2 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?​

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?