Answer:
C. Infant-industry argument
Explanation:
The lobbyst is using the infant-industry argument because he is claiming that all that the emerging national industry needs is some temporary trade restrictions until it can develop enough to compete.
This argument is very commonly used against free trade, and is based on the belief that national industries should be allowed to grow in isolation before opening up the markets. The problem with this argument is what happens if the national industry remains uncompetitive even after a long period of trade restrictions.
Answer:
The amount of $25,000 will be recorded as the Cash Dividends
Explanation:
The amount which is to be recorded as the cash dividend is computed as:
Cash Dividend = Number of Shares × Rate per share
where
Number of shares is computed as:
Number of shares = Issued Shares - Treasury Stock
= 30,000 - 5,000
= 25,000
NOTE: No dividend is paid on treasury stocks, so the the shares of the treasury stocks are subtracted.
Rate per share is $1
SO, Putting the values above:
Cash Dividend = 25,000 × $1
= $25,000
Answer:
The correct adjusting journal entry for 12/31/09:
D. debit Spice Expense and credit Spice Inventory 240
Explanation:
Roland Richard purchased 200 ounces off of an expensive spice for $400.
Cost per ounce = $400/200 = $2
By December, 12/31/09, there were 80 ounces on hand. Roland Richard used 120 ounces of expensive spice with the amount of expense: $2 x 120 = $240
The adjusting journal entry for 12/31/09:
Debit Spice Expense $240
Credit Spice Inventory $240
Answer:
customer orientation
Explanation:
customer orientation can be regarded as business approach where the company helps the customer to achieve their aim and goals.
Answer:
Total cash= $193,000
Explanation:
Giving the following information:
Estimated sales ($):
January= $150,000
February= $180,000
March= $220,000
40% in cash from that same month of sales
50% in cash from the previous month's sales
10% in cash from the sales from two months ago
C<u>ash collection March:</u>
From March= 220,000*0.4= 88,000
From February= 180,000*0.5= 90,000
From January= 150,000*0.1= 15,000
Total cash= $193,000
