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2 years ago

11

Which sector dominates developed economies such as the United States? In developed economies such as the United States, the sect

or dominates the economy. Examples include legal firms, , and so on.

1 answer:

ddd [48]2 years ago

5 0

Answer:

Developed economies are defined as those with relatively high levels of economic growth and security.

Example:

Costumer' service

Hospital

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If the exchange rate for Mexican pesos has changed from 10 pesos to 9 pesos per dollar, _____.

cestrela7 [59]

When the exchange rate for the Mexican peso changes from 10 pesos to the U.S dollar to 9 pesos to the U.S. dollar, then the Mexican peso has appreciated and the U.S. dollar has depreciated.

When a currency appreciates<span>, it means it has increased in value relative to any other currency; </span>depreciate means<span> it has been weakened or fell in value relative to any other currency.</span>

5 0

3 years ago

Read 2 more answers

King Company issued bonds with a face amount of $1,600,000 in 2015. As of January 1, 2020, the balance in Discount on Bonds Paya

zimovet [89]

Answer:

January 1, 2020

Bonds Payable 1600000 Dr

Loss on Redemption of bonds 36800 Cr

Discount on Bonds Payable 4800 Cr

Cash 1632000 Cr

Explanation:

The redemption of bonds before the maturity usually requires a payment for redemption which is a certain percentage of its face value. It is usually higher than the face value. The above bonds are redeemed at 102 which means at 102% of the face value of the bonds. Thus, the cash paid to redeem the bonds is,

Cash = 1600000 * 102% = 1632000

The bonds have a carrying value, which is the face value less discount or add premium, of,

Carrying value = 1600000 - 4800 = $1595200

If they are redeemed for an amount in excess of the carrying value, they are redeemed at a loss.

The loss on redemption is,

Loss = 1595200 - 1632000 = $36800

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3 years ago

Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s

olasank [31]

Answer:

A. $10.75

B. May $6,288.75

June $4,407.5

Explanation:

A . Calculation to Determine Shadee's budgeted manufacturing cost per visor.

Budgeted direct Material $4.00

Direct labor $3.6

(0.30*$12)

ariable manufacturing overhead is $1.25

Fixed overhead per unit is $1.90

Budgeted manufacturing cost per visor $10.75

Therefore Shadee's budgeted manufacturing cost per visor is $10.75

B. Computation for Shadee's budgeted cost of goods sold for May and June.

May June

Expected sales units 585 410

Minimum cost per unit $10.75 $10.75

Budgeted cost of goods sold for May and June

$6,288.75 $4,407.5

May (585*$10.75=$6,288.75)

June(410*$10.75=$4,407.5)

Therefore the budgeted cost of goods sold for May is $6,288.75 and June is $4,407.5.

3 0

2 years ago

On December 31, after making a concerted effort, management determines that it will not be able to collect the $1,200 owed to it

zvonat [6]

Answer:

See explanation section

Explanation:

To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.

December 31 Bad Debt Expense Debit $1,200

Account receivable - Acme, Inc. Credit $1,200

Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.

4 0

3 years ago

Theodosia was laid off from her last job. What should she put on her next application as her reason for leaving that job?

OleMash [197]

Answer:

O Downsizing

Explanation:

A lay off happens when the employer has closed down, has changed locations, or when there is not sufficient work for all the employees. A layoff is not caused by an employee's fault.

Downsizing refers to scaling down of operation. When a company downsizes, some of the employees will be laid off. Theodosia should mention she was laid off in her next application. The potential employer will realize that she wasn't at fault at her previous workplace.

8 0

3 years ago