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Natasha_Volkova [10]
3 years ago
12

All else being equal, an overseas source with lower production cost will become relatively more attractive as

Business
1 answer:
Svetllana [295]3 years ago
5 0

Answer:

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East Corp., a calendar-year company, had sufficient retained earnings in 20X3 as a basis for dividends, but was temporarily shor
yarga [219]

Answer:

D. Debit retained earnings for $100,000 on April 1, 20X3, and debit interest expense for $7,500 on December 31, 20X3.

Explanation:

As  East declared a dividend of $100,000 on April 1, 20X3, the journal entry to record the transaction -

Retained earnings debit                         $100,000

Dividend payable  credit                                  $100,000

As east issued promissory notes and the maturity date of March 31, 20X4, an interest rate of 10% arose. Seance the physical year ended in December 2004, the interest rate was accrued for December 2004 (9 months). The journal entry is

Interest expense debit                           $7,500 (Note - 1)

Interest payable  credit                                      $7,500

Calculation: $100,000 × 10% × (9 ÷ 12)

Calculation: $10,000 × (9 ÷ 12) = $7,500

Therefore, option D is correct.

5 0
3 years ago
Do you think government officials in developing countries like Russia and China welcome McDonalds? Why or why not?
nekit [7.7K]

Answer:

Yes, they do.

Explanation:

We could say this because McDonald would be seen as an investor in this countries.

For example, if McDonald moves to any of those countries, it would not move all it's staff from overseas, rather it will be employing majority of the country's citizens. Such actions would create employment and thus boost the economy of these countries.

4 0
3 years ago
Suppose a consumer only purchases food and clothing, and food is plotted along the horizontal axis of the consumer's indifferenc
gogolik [260]

Answer:

counter-clockwise about the fixed horizontal axis intercept.

Explanation:

An indifference curve is a graph that shows the two combinations of goods for which an individual is indifferent in its consumption.

Points on an indifference curve represents various combination of goods to which an individual is indifferent to

higher indifference curve represents higher level of utility

An indifference map is a graph of various indifference curves

On the indifference map, indifference curves that are higher would be more preferred to those that are lower

8 0
3 years ago
Suppose that consumption decreases. What is the effect on investment and real interest rate? Analyze using graphs. Briefly descr
Talja [164]

Answer:

Interest rates and investment

If interest rates are increased then it will tend to discourage investment because investment has a higher opportunity cost. With higher rates, it is more expensive to borrow money from a bank. Saving money in a bank gives a higher rate of return.

8 0
3 years ago
Investors and creditors are particularly interested in this financial statement because it tells them what is happening to the c
Sunny_sXe [5.5K]
Answer: D. balance sheet.
3 0
3 years ago
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