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Bogdan [553]
3 years ago
9

Inflation does not affect both local and international business true or false

Business
2 answers:
ziro4ka [17]3 years ago
8 0

Answer:

true

Explanation:

inflation effects every aspect of the economy

kumpel [21]3 years ago
7 0
True it affects everything all trade of the economy in question
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Is paying for health insurance more than your medical expenses?
GREYUIT [131]

Answer:

yes i think

Explanation:

5 0
4 years ago
Read 2 more answers
Online learning has completely replaced traditional classrooms at the community-college level. a. True b. False
sukhopar [10]

Answer:

False

Explanation:

Traditional classrooms still exist.

5 0
3 years ago
Awnings Incorporated has beginning net fixed assets of $234,100 and ending net fixed assets of $243,600. Assets valued at $42,50
bazaltina [42]

Answer:

Net Capital Spending = $72,000

Explanation:

Formula for Net capital Spending:

Net Capital Spending = Net Increase in Fixed Asset + Depreciation

Net Capital Spending = ( $243,600 - $234,100 ) + $62,500

Net Capital Spending = $9,500 + $62,500

Net Capital Spending = $72,000

Sale of asset is already accounted for in the ending net balance of fixed assets.

5 0
4 years ago
Beckett Co. sold merchandise on account for $11,700, terms 1/10, n/30. Freight charges of $360 were prepaid by the seller and ad
Yuki888 [10]

Answer:

Beckett Co received $   10.699,65‬

Explanation:

We have to determnate the balance of the invoice after the returned and the discount granted. We also have to receive the freight from the customer as we prepaid them to refund this amount against the customer:

invoice balance:

11,700 nominal less 1,350 return = 10,350

discount granted: 10,350 x 1% =           (10.35)

freight refund                               <u>       360        </u>

total cash proceeds:                      10.699,65‬

3 0
4 years ago
On January 15, Pinkney, Inc., issued 10,000 shares of $10 par value common stock in exchange for land and a building. Five years
vodomira [7]

Answer:

Jan 15   Land          $45,000 Dr

             Building    $95,000 Dr

                  Common Stock at par       $100,000 Cr

                  Paid in Capital in Excess

                  of Par, Common Stock       $40,000 Cr

Explanation:

The assets are recognized by a company at the market value on the day of transaction. The market value of land and building was $140,000 (45000 + 95000). Thus, the stock issued against these assets was issued at $14 per share ($140000/10000) and a premium of $4 / share was received.

The Land is debited by $45000 and building by $95000 while we credit the common stock at par value $100000 and credit the premium $40000.

7 0
3 years ago
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