Answer:
Option (a) is correct.
Explanation:
The law of comparative advantage states that a country is producing and exporting a good in which it has a comparative advantage and importing a good in which it has a comparative disadvantage.
Therefore, this will make the countries more specialized and there is an exchange of goods among the trading nations.
Each country is then specialized in the production of a good in which it has a comparative advantage and hence, the joint output of the trading nations increases.
Answer:
Opening Cash Balance = $ 12,000
Add: Expected receipt = $ 30,000
Total Cash Available = $ 42,000
Less: Cash disbursement = $ 34,500
Less: Minimum Balance = $ 10,000
Closing Balance = ($ 2,500)
Therefore, company must borrow = $ 2,500
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I'ts not the C, gross income received from salaries, wages, tips, and commissions. I just chose that on my quiz and got it wrong. I did a little more research after that and now I believe it is
B, gross income after subtracting exemptions and deductions.
I think the answer for your question you have to divide then you get 6,000
