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2 years ago

A country that relies on the pragmatic nationalist view would say that:.

1 answer:

5 0

It should be noted that a country that relies on the pragmatic nationalist view would state that international production should be based on theory of comparative advantage.

<h3>What is comparative advantage?</h3>

Comparative advantage simply means the ability of an economy to produce goods that has a lower opportunity cost than it's partners.

In this case, country that relies on the pragmatic nationalist view would state that international production should be based on theory of comparative advantage. This is to ensure efficiency.

Learn more about comparative advantage on:

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The journal entry to record the sale of treasury stock might include all of the following except for:

Ghella [55]

Answer:

b. a debit to Paid-In Capital from Sale of Treasury Stock.

Explanation:

Treasury stock is the stock of equity purchased by the company itself, from open market. Basically it has a debit balance. And it is shown as a negative value from common equity in the balance sheet.

Now when there is sale of such treasury stock, this treasury stock will be credited, also in next entry common stock will be credited as it will increase automatically therefore in no circumstances Paid in capital will be debited from sale of treasury Stock.

Final Answer

b. a debit to Paid-In Capital from Sale of Treasury Stock.

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3 years ago

A firm is offered credit terms of 2/10 net 45 by most of its suppliers. The firm also has a credit line available at a local ban

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Answer:

21.28%

Explanation:

Note: <em>Assuming 365 day year</em>

Cost of giving up cash discount = [Discount rate / (1-Discount rate)] * 365 / [Credit period - Discount period]

Cost of giving up cash discount = [0.02/(1-0.02)] * [365/(45-10)]

Cost of giving up cash discount = [0.02/0.98] * [365/35]

Cost of giving up cash discount = 0.0204082 * 10.42857

Cost of giving up cash discount = 0.212828

Cost of giving up cash discount = 21.28%

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3 years ago

Last week alice roe earned wages of $459.82. payroll deductions included social security for $33.19 and federal income tax of $8

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Net pay = gross pay minus deduction
459.32 - (33.19 + 82.91) = 343.22
Net pay = $343.22

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3 years ago

The ________ ratio measures the extent to which a firm is able to cover its short-term obligations (usually defined as obligatio

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Answer:

b. current

Explanation:

current ratio

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When new technology for the more efficient production of peanut butter was implemented, the supply curve for peanut butter

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Answer:

shifted to the right

Explanation:

the supply curve for peanut butter shifted to the right

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3 years ago

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