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vovangra [49]
4 years ago
6

The major difference between the westphalian and neo-westphalian systems is

Business
1 answer:
anastassius [24]4 years ago
5 0
<span>The Westphalian system is the concept that every nation or state maintains sovereignty over its own territories, as well as its domestic policy. This system was slowly eroded in the 1990's as globalization spread. However, neo-Westphalianism has emerged in the form of a strong reassertion of the state as the dominant power in economic markets. This key difference - the role of the state in economies - is a major differentiator between the two schools of thought.</span>
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Space Trips Inc. files a registration statement with the SEC before making an offering to the general public. The registration c
yanalaym [24]

Answer: D. the untrue statements were not material

Explanation: In the registration statement Space Trips inc filed to SEC before public offering , the registration was containing false and immaterial statement of which the public are not aware of . So it best defense will be " the untrue statements were not material", since Space Trips inc have been charge with violating the Securities Act of 1933.

8 0
3 years ago
National Art is a new business. During its first year of operations, credit sales were $40,000 and collections were credit sales
zmey [24]

Answer:

The ending balance of Allowance for Bad Debts account is $800

Explanation:

The computation of the ending balance of allowance for bad debt is shown below:

= Credit sales × uncollectible rate

= $40,000 × 2%

= $800

The estimated amount would be considered as an allowance for bad debts i.e $800, So no other amount would be come while computing the ending balance of Allowance for Bad Debts account.

However, the other information which is given in the question is not relevant. Hence, ignored it

6 0
3 years ago
When reporting inventory using the lower of cost or market, market should not be less than:
Natali5045456 [20]

Answer:

Net realizable value less a normal profit margin.

Explanation:

Lower of cost or market rule of inventory states that cost of inventory recorded must be that at which cost is lower, and the original cost is the current market price.

This occurs when the inventory has become obsolete, market price has declined, or inventory has deteriorated

Net realisable value is defined as selling price minus estimated cost of completion.

So the market value should not be less than net realizable value less a normal profit margin.

3 0
3 years ago
Flavor Enterprises has been approached about providing a new service to its clients. The company will bill clients $140 per hour
Bumek [7]

Answer:

c. $65.

Explanation:

The computation of the per hour opportunity cost is as follows:

= Per hour revenue - per hour variable cost

= $140 - $75

= $65

The fixed cost would not be considered as it is a sunk cost

Therefore the  per hour opportunity cost is $65

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
The Sherman Antitrust Act of 1890 signified that the era of trusts was ending. was strongly opposed by congressional Republicans
S_A_V [24]

Answer:

The correct answer is the following: "was used by the federal government against labor unions and was indifferently enforced and weakened by the Courts".

Explanation:

The Sherman Antitrust Act, published on July 2, 1890, was the first measure of the US federal government to limit monopolies. The act declared the trust illegal, considering them restrictive for international trade. It was created by US Ohio Senator John Sherman, and approved by President Benjamin Harrison.

This law prohibits certain business activities that the federal government declares as acts of anti-competition and requires investigation to pursue large companies with power in the market.

It aims to prevent the artificial increase in prices by restricting the exchange or the material. The innocent monopoly is perfectly legal but acts by a monopolist to artificially preserve that status or vile contracts to create a monopoly, they are not. The purpose of the Sherman Act is not to protect competitors from damage by legitimacy.

6 0
3 years ago
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