For each of the following goods that are imported in the United States, abundant input is the only source of comparative advantages that accounts for that country's comparative advantage. Therefore, the option A holds true.
<h3>What is the significance of a comparative advantage?</h3>
A comparative advantage can be referred to or considered as a situation in which a producer has an economic advantage over the other in a number of economic activities. At least two economies need to be a part of the society for the occurrence of a comparative advantage.
Abundant inputs is one of the key sources of comparative advantage. It is considered as a source that can account for another country's comparative advantage, when it lets the United States import its goods.
Therefore, the significance regarding comparative advantage has been aforementioned.
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Answer:
2.20%
Explanation:
Data provided:
Company issued floating-rate note with a coupon rate equal to the three-month Libor 65 basis points
On 31 March three-month Libor = 1.55%
On 30 June three-month Libor = 1.35%
Now,
The coupon rate for the interest payment made on 30 June will be calculated as
= 1.55% + 0.65
= 2.20%
Hence, the correct option is 2.20%
Answer:
$22,450
Explanation:
Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance
Beginning bal. of Allowance for Doubtful Accounts ($21,600)
- Uncollectible Accounts Receivable written off <u>$32,700</u>
Adjustment of Allowance for Doubtful Accounts <u>$11,100 </u>
Accounts receivable balance at December 31 $11,350
+ Adjustment of Allowance for Doubtful Accounts $11,100 Adjustment to Allowance for Doubtful Accounts $22,450
at December 31, 2022
Answer:
$200,000
Explanation:
DIVIDEND can be defined as the amount of cash which is been paid regularly by a company to its shareholders out of its profits or surplus.
Property dividend of 20,000 shares ×
Fair value of the P stock at $10 per share on the declaration date of the property dividend.
Therefore:
20,000 x $10 = $200,000
The amount of DIVIDEND is $200,000
Answer:
indenture
Explanation:
a bond indenture is a legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company
a bond indenture would contain the following :
- The purpose why the bond was issued
- The stated interest rate of the bond
- The dates when interests would be paid to bondholders
- A list of covenants the issuer is subjected to in the period the bond is outstanding
- Actions that would be taken in event of non payment of interest and or principal
