Answer:
Given that,
Company's bank reconciliation at June 30 included interest earned = $150
So, it must be cash must be debited and interest revenue must be credited in the accounts.
Therefore, the journal entry is as follows:
Cash A/c Dr. $150
To Interest revenue $150
(To record the interest revenue earned)
Answer:
International business is a affects the domestic economy in many ways.
Explanation:
- The impacts of international trade can vary from the supply and demand of a particular good or product and their impact on the domestic market functioning. The price changes in the market affect the wages received by the workers as trade opens new foreign markets.
- The supply of the products is depended on the demands of the consumers which may be affected by the government policies, and many socio-cultural aspects.
- International trade leads to the increase of the value of the products and thus increases in the demands and the competitiveness of the market, for this, the government provides a subsidy to the domestic infant industries to protect them from getting removed for the competition.
- Due to the competition, the firms try to sell their product at a lower or higher cost thereby increasing the quantity demanded by the customer. Thus the equilibrium of the price and quantity demanded changes.
Answer:
$22.2222, $9.5238, respectively
Explanation:
The market-to-book ratio is given by a share's market value divided by its book value, if shares are selling for $100 on the market, the book value is:
The price to earnings ratio (PE ratio) is determined as a share's price divided by the earnings per share. Earnings per share are:
The book value per share and earnings per share are $22.2222, $9.5238, respectively
Answer:
Hutters can be claim two dependents
Explanation:
we know here that Hutters can be claim two dependents
because here given Carla and Ellie as Aaron meets neither the residency nor citizenship requirement
but Carla is a qualifying relative and is under the age of 24
but Ellie is above 24 but is a qualifying relative as scholarship is non-taxable
so
we can say that answer is two
Answer: B, market.
Explanation: Hope this helps you out. <3
