<span>This was the reason for the formation of NAFTA.
NAFTA stands for </span>North American Free
Trade Agreement and this agreement was signed by Canada, Mexico, and the United States
by developing a trilateral trade bloc in North America. The <span>North American Free Trade agreement came into force on January 1, 1994.</span>
To resolve a surplus in inventory, usually a company would lower the price to increase demand. In this case, I would imagine the swimsuit firm would offer an end of the season sale to clear out leftover inventory.
Answer:
Find in the excel file attached detailed adjusting entries required for all transactions in the question.
Explanation:
Please note the analysis of each transaction done under the heading "particulars".
An advance fee scheme occurs when the victim pays money to someone in anticipation of receiving something of greater value.
What do you mean by Advance fee payment?
Advance fee payment is the money that you pay to a person or company before receiving something such as a loan or investment.It can be in the form of taxes or lottery.
A business is only to keep the payments you've made in advance or ask you to pay a cancellation charge if it's fair .
Hence , An advance fee scheme occurs when the victim pays money to someone in anticipation of receiving something of greater value.
To know more about Advance Payment from the given link
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Answer:
The estimated cost for selling and administration expenses is:
47900+52*6000=$359900
Explanation:
Audrey Corporation's cost for selling and administrative expenses present fix and variable costs. They plan a fixed cost of $47,900 and a variable cost of $52 unit.
The formula is:
SandA COST= 47900+52*Q
For April they planned to sell 6000 units.
The estimated cost for selling and administration expenses is:
47900+52*6000=$359900
If the formula is accurate the real cost of selling and administration is:
47900+52*5960=$357,820