Answer:
D. $375,000
Explanation:
given data
Purchases during the year = $12.0 million
Shipping costs from overseas = 1.5 million
Shipping costs to export customer = 1.0 million
Inventory at year end = 3.0 million
solution
we get here Seafood Trading’s year-end inventory valuation.
and we know here that shipping cost to export to customers is selling expense but not include the inventory.
so
shipping costs = ( Inventory at year-end ÷ Purchases during the year ) × Shipping costs from overseas ..................1
put here value and we get
shipping costs = [($3.0 million ÷ $12.0 million) × $1.5 million]
shipping costs = $375,000
The relation between economic growth and energy use can be best described by the increased energy use leads to increased economic growth.
So, Option A is the right answer.
How do energy use and economic growth relate to each other?
There is a direct relationship between usage of energy and economic growth, that means, if energy usage rises, then economic growth also rises. On the contrary, if energy usage falls, then economic growth also falls.
The developed nations are having abundant resources which leads to more satisfaction among the public due to which they use more energy and finally impacted an increase in the overall economic growth of a country. The less-developed nations face a lot of struggle in satisfying the people due to having insufficient resources which result in the usage of lesser energy and ultimately created a decreasing impact on the economic growth.
Therefore, energy use and economic growth are interlinked with each other.
To learn more about the relation between energy use and economic growth in the mentioned link:
brainly.com/question/20629290
The required journal entries are:
Income statement:
Operating expense:
Bad debts expense-----------------------$1,125
Balance sheet:
Current assets:
Accounts receivable $29,300
Less: allowance for doubtful accounts ($325)
Net realizable value $28,975
Where,
Ending accounts receivable = Beginning balance + Credit sales - Cash collection - Written-off
= $16,000 + $75,000 - $60,000 - $1,700
= $29,300
Ending allowance for doubtful accounts = beginning balance + Bad debts expense - written-off
= $900 + $1,125 - $1,700
= $325
Learn more about journal entries here brainly.com/question/23156395
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Answer:
B) resource heterogeneity.
Explanation:
The theory of resources and capabilities is based on the idea that strategic resources can help a company gain competitive advantages over their competitors. This happens because some resources are rare, difficult to imitate and valuable. This is the base for the assumption of resource heterogeneity, which means that a company will have different resources than its competition and those resources are not easily imitated by others.
In this case, True Ion's commitment to innovation is not something that One Electro can imitate. True Ion's financial and human capital is committed to research and development, while their competitor isn't.
It is not always about the money a company can have, some resources cannot be bought. E.g. every town has a successful restaurant, that many people enjoy and it's considered the best of town. A competitor might build a nicer restaurant in front of it, with fancier decoration, chairs, etc., but that doesn't mean that the new restaurant will be considered the best in town. It might eventually take away a few clients, but generally they return. Human capital and the company's culture are things that cannot be purchased or imitated.
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