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Answer and Explanation:
Answer and explanation attached
Investors have greater confidence when conducting business in countries that have which elements?
Investors have greater confidence when conducting business in countries that have political stability, infrastructure, access to resources and legal framework.
Investors have greater confidence when conducting business in countries that have which elements?Investors have greater confidence when conducting business in countries that have the following elements:
Political stability: A stable and predictable political environment is crucial for investors, as it reduces the risk of government interference and policy changes that could negatively impact their investments.
Economic stability: A strong and growing economy, low inflation, and a stable currency are important factors for investors as they provide a favorable environment for business and investment opportunities.
Legal framework: A well-functioning legal system that enforces contracts and protects property rights is essential for investors to protect their investments and resolve disputes.
Transparency and accountability: Investors are more confident in countries that have transparent and accountable institutions and regulations, and where corruption is kept to a minimum.
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If a company is using a cost-focused pricing strategy, it will set prices for products based on __________________
A. what they think costumers will like.
B. how much money they want to make.
C. how much it costs to make them.
D. the current economy.
If a company is using a cost-focused pricing strategy, it will price products based on C. how much it costs to make them.
What is a cost-focused pricing strategy?It corresponds to a set of tactics and actions that a company will develop based on the manufacturing cost of its product line, that is, one of the objectives is to reduce the unit cost of production through economies of scale to price the product in a way that obtain significant profitable advantages for the positioning of the business.
Economies of scale are achieved when a company is able to use its structure to increase the quantity of manufactured products, thus being able to reduce the average cost of producing each product.
Therefore, a pricing strategy focused on cost can be a relevant competitive differentiator for a company to attract consumers and be well positioned in the market in which it operates.
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Many companies have a _____ that their employees are responsible for abiding by. code of unethics code of ethics set of rules set of laws
Answer:
Code of Ethics
Explanation:
Answer: B) code of unethics
Explanation:
According to the video, this job is a good springboard for which field?
A. Operations Research Analysis
B. Accounting
C. Marketing or Sales
D. Middle Management
Answer:
its d not b
Explanation:
Answer: (D) Middle Management
Explanation: right on edge 2020
Suppose you are conducting market research for your favorite soda brand. Sales have been lagging for two quarters, and you are determined to find out why. You decide to host an in-person focus group to gain customer insights into your brand’s current product offerings. You are also interested in obtaining feedback on a new product that your brand plans to launch in the next six months. Determine the makeup of your focus group. Who should be invited to the focus group, and why? What types of information would you want to obtain? Identify possible questions to present to the focus group.
1. The makeup of the in-person focus group to gain customer insights into the brand's current product offerings includes the following groups and they must be invited to the focus group:
Major customers (entities and individuals)Sales RepresentativesSales ManagersMarketing ManagersBrand Ambassadors.2. The reason for inviting this group of persons is to get first-hand information about customer insights necessary to improve the product offerings.
3. The type of information that would be obtained from this focus group is primary data, including qualitative and quantitative.
4. Some possible questions to present to the focus group include:
Are our current product offerings adequate and satisfactory?Are your demands being met with the current offerings?How can improvements be initiated?What improvements can be made to exceed customer expectations?What is an in-person focus group?An in-person focus group is a brainstorming exercise aimed at:
Exploring a variety of different issuesTesting solutionsExploring the group's perspectiveReceiving feedback on product conceptReviewing business or personal viewpointsGenerating new ideas and solutions.Thus, deciding to host an in-person focus group helps in gaining customer insights.
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The statement, "All basketball players are tall" is a stereotype.
Please select the best answer from the choices provided
)T
)F
Answer:
true
Explanation:
Answer:
that is true
Answer:
because it is a stereotype
What amount must be set aside now to generate payments of $30,000 at the beginning of each year for the next 11 years if money is worth 5.95%, compounded annually? (Round your answer to the nearest cent.)
The amount that must be set aside in the present, to generate payments of $30, 000 for the next 11 years is $251,326.61
How to find the amount to set aside?The $30, 000 generated each year is an annuity which means that the amount to be set aside today is the present value of the annuity.
Because the payments come at the beginning of the year, this is an annuity due which means that we are looking for the present value of an annuity due.
This present value can be found as:
= Annuity amount x Present value of annuity due factor, 11 years, 5.95%
= 30, 000 x 8.38
= $251,326.61
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What do you mean by strategy?
Answer:
A strategy describes how the ends (goals) will be achieved by the means (resources). Strategy can be intended or can emerge as a pattern of activity as the organization adapts to its environment or competes. It involves activities such as strategic planning and strategic thinking.
Answer:
In business, a strategy refers to a plan of action designed to achieve a specific goal or set of goals. It is a way of thinking about and approaching a problem or challenge in order to reach a desired outcome.
Who and how does it become implemented?
Strategies can be developed at various levels within a business, including at the corporate level (overall business strategy), at the business unit level (strategies for specific products or markets), and at the functional level (strategies for specific departments or functions within the organization).
Effective business strategies take into account the internal and external factors that can impact the organization, including its resources, capabilities, and the competitive environment. They also consider the long-term direction of the business and how it will differentiate itself from competitors in order to achieve a competitive advantage.
Types of business strategies:
There are many different types of business strategies that organizations can use, including growth strategies, cost leadership strategies, differentiation strategies, and focused strategies. Each type of strategy involves a different approach to achieving competitive advantage and can be more or less suitable for different organizations depending on their specific goals and circumstances.
1. When distribution team members use replenishment reports to retrieve quantities of items to be sent to stores they are:
O A. Mixing
O B. Sending
O C.Packing
O D. Picking
Answer:
D. Picking.................
Distribution team members use replenishment reports to retrieve quantities of items to be sent to stores, this is called as Picking. Hence, Option D is the correct statement.
What is the picking system?Systems for picking orders from warehouses are created to improve picking operations' effectiveness, speed, and accuracy. A few of these systems can be used by businesses to improve order fulfillment processes in their distribution channels.
Hence, Distribution team members use replenishment reports to retrieve quantities of items to be sent to stores, this is called as Picking. Option D is the correct statement.
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Which of the following best describes what happens when a company has
made a profit at the end of an accounting period?
A. The credit amount is higher than the debit amount in the income
statement columns of the worksheet.
B. No amounts have to be entered into the adjustments columns in
the worksheet.
C. The debit amount is higher than the credit amount in the balance
sheet columns of the worksheet.
D. The debit and credit amounts in the adjusted trial balance
columns are equal in the worksheet.
A company has made a profit When the credit amount is higher than the debit amount in the income at the end of an accounting period.
An accounting period, in bookkeeping, is the length almost about which control debts and financial statements are prepared.
In management accounting, the accounting period varies extensively and is decided with the aid of management. monthly accounting durations are common.
In financial accounting, the accounting duration is decided with the aid of regulation and is commonly three hundred and sixty-five days. the start of the accounting period differs in line with jurisdiction. As an instance, one entity may additionally observe the calendar year, January to December, while another might also follow April to March as the accounting period.
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In which situation would a banker's draft be used?
A. When a person is traveling in another country and does not want
to carry a lot of cash
B. When a buyer doesn't want to wait for the seller to confirm that
funds exist in an account
C. When a buyer wants to purchase a large number of items at once and wants the seller to have quick access to funds
D. When the person making the payment wants money to be
available in the receiving bank's account
Banker's draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
What is bank draft?Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.
It can also be brought to another bank for remittance, it serves as evidence for transactions.
Therefore, a banker draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
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Answer:
D. When the person making the payment wants money to be
available in the receiving bank's account
Explanation:
A banker's draft is used as a guarantee of payment to another bank or financial institution. Nonetheless, when someone wants money to be available in the receiving bank's account they use a banker's draft.
This professional analyzes statistics and uses them to calculate risks and premiums
Answer:
Explanation:
An actuary compiles and analyzes statistics and uses them to calculate insurance risks and premiums. Mehmud and associates created the tool, called “Wakely Risk Insight,” to aid the consulting firm’s clients.
If you were seleted for this position, how quickly would you be able to start?*
If I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled.
As a responsible individual, I would like to make sure that I do not leave my current employer stranded and would provide them with adequate notice as required. I believe in fulfilling my professional obligations and would like to do the same in my current position. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner. This would include ensuring that all my work is up-to-date and handing over my responsibilities to my successor in a systematic and thorough manner.
Once the notice period is over and all the formalities have been completed, I would be able to start working in my new position. I understand the importance of being punctual and professional and would make sure that I arrive at work on time and fulfill all my responsibilities to the best of my abilities. I believe in teamwork and would work closely with my colleagues to ensure that the objectives of the organization are met.
In conclusion, if I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner and would arrive at work on time and fulfill all my responsibilities to the best of my abilities.
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Savings plans A and B have both durations of 5 calendar years.
Savings plan A pays 5.7% annual interest, paid at the end of each year.
Savings plan B pays 5.4% annual interest, paid on monthly basis (12 times a year).
Which savings plan is preferred?
Based solely on the interest earned, Savings Plan A would be preferred over Savings Plan B.
To determine which savings plan is preferred, we can compare the total interest earned under each plan over the 5-year duration.
For Savings Plan A, the annual interest rate is 5.7%, and the interest is paid at the end of each year. Therefore, the total interest earned can be calculated using the simple interest formula: Principal x Rate x Time. Assuming a principal of $1,000, the total interest earned would be $1,000 x 0.057 x 5 = $285.
For Savings Plan B, the annual interest rate is 5.4%, and the interest is paid on a monthly basis (12 times a year). This means that the interest is compounded monthly.
Using the compound interest formula: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal, r is the annual interest rate, n is the number of compounding periods per year, and t is the time in years, we can calculate the total interest earned. Assuming a principal of $1,000, the total interest earned would be $1,000 x [(1 + 0.054/12)^(12x5)] - $1,000 = $279.67.
Comparing the total interest earned, we can see that Savings Plan A yields a higher interest amount ($285) compared to Savings Plan B ($279.67).
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Is unemployment typically short-term or long term? Explain.
Answer:
Unemployment is typically short-term because workers are usually able to apply their skills learned at one job to another job quite easily. However, this is not always the case due to structural unemployment, which can lead to discouraged workers.
Explanation:
If a firm has retained earnings of $2.4 million, a common shares account of $4.4 million, and additional paid-in capital of $8.8 million, how would these accounts change in response to a 10 percent stock dividend? Assume market value of equity is equal to book value of equity.
The accounts change in response to a 10 percent stock dividend assume market value of equity is equal to book value of equity by :
Retained earning decrease to $1.08 millionCommon shares increase to $4.84 million Additional Paid-in Capital increase to $9.68 millionStock dividendFirst step is to stock dividend using this formula
Stock dividend = Rate × ( Common shares account + Additional paid - in capital )
Let plug in the formula
Stock dividend = 10% × ( $4.4 million + $8.8 million )
Stock dividend = 10% × $13.2 million
Stock dividend = $1.32 million
The calculation above represents a reduction in the retained earnings account. Hence,
Retained Earnings :
Retained Earnings = $2.4 million - $1.32 million
Retained earnings = $1.08 million (decrease)
Common Shares :
Common Shares = $4.4 million × 110%
Common shares = $4.84 million ( increase )
Additional Paid-in Capital:
Additional Paid-in Capital = $8.8 million × 110%
Additional Paid-in Capital = $9.68 million ( increase )
Therefore retained earning decrease, common shares and additional paid in capital increase.
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Under an operating lease: (Select all that apply.)Check All That ApplyThe lessee reports amortization expense and interest expense separately in its income statement.The lessee reports amortization expense and interest expense separately in its income statement.The lessee reports a single amount of lease expense, which is equal to interest expense plus amortization expense, in its income statement.The lessee reports a single amount of lease expense, which is equal to interest expense plus amortization expense, in its income statement.The lessor reports a single amount of lease revenue, which is equal to interest revenue plus amortization revenue, in its income statement.The lessor reports a single amount of lease revenue, which is equal to interest revenue plus amortization revenue, in its income statement.The lessee reports lease expense on a straight-line basis and the lessor reports lease revenue on a straight-line basis over the lease term.The lessee reports lease expense on a straight-line basis and the lessor reports lease revenue on a straight-line basis over the lease term.
Answer:
The lessee reports a single amount of lease expense, which is equal to interest expense plus amortization expense, in its income statement.The lessee reports lease expense on a straight-line basis and the lessor reports lease revenue on a straight-line basis over the lease term.Explanation:
An operating lease is basically renting an asset from a lessor where the lessee will pay a certain amount every period for the use of the asset.
This rent payment is equal to the interest expense plus amortization expense and will be reported in the income statement of the lessee as an expense.
This amount will also be reported on a straight-line basis for the duration of the lease term which means that even if rent increases, it will still have to be reported by the same amount over the lease period because the lease increase should have been taken into account already.
The lessor also reports lease revenue on a straight-line basis over the lease term.
Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company’s discount rate is 16%. The project would provide net operating income in each of five years as follows:
Sales $ 2,863,000
Variable expenses 1,014,000
Contribution margin 1,849,000
Fixed expenses:
Advertising, salaries, and other fixed out-of-pocket costs $ 781,000
Depreciation 583,000
Total fixed expenses 1,364,000
Net operating income $ 485,000
15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project’s actual simple rate of return? (Round your answer to 2 decimal places.)
Answer:
The initial investment is $2,915,000. The annual net operating income is $485,000. The project's simple rate of return is the annual net operating income divided by the initial investment.
The variable expense ratio is 45%, which means that the variable expenses are $2,863,000 x 45% = $1,288,350.
The contribution margin is $2,863,000 - $1,288,350 = $1,574,650.
The fixed expenses are $781,000 + $583,000 = $1,364,000.
The net operating income is $1,574,650 - $1,364,000 = $210,650.
The simple rate of return is $210,650 / $2,915,000 = 7.22%.
Therefore, the project's actual simple rate of return is 7.22%.
Sara works at a printing company. She and her colleagues have to stagger
their tasks carefully because each of their projects require not only the
printers, but other equipment as well. Sara is currently working to fulfill an
order for 5,000 flyers, which are due tomorrow. Her customer just called to
say that they need additional 5,000 flyers.
What will be least important to Sara as she determines whether her company
can accommodate the request?
A. Whether her company has enough paper on hand
B. Whether her company can print the additional flyers without
negatively affecting the other projects
C. Whether there is enough time to print the additional flyers by
tomorrow
D. Why the customer needs 5,000 extra flyers
Answer: D. Why the customer needs 5,000 extra flyers
Explanation:
The important factors that Sara will consider to know whether her company can accommodate the request are:
• Whether her company has enough paper on hand
• Whether her company can print the additional flyers without negatively affecting the other projects
• Whether there is enough time to print the additional flyers by tomorrow.
These factors above are important as they'll determine if she can accept the request or not. For example, in a situation where there's no enough paper, then the request should not be accepted.
The least important factor for Sara to consider will be "Why the customer needs 5,000 extra flyers". This is not of concern to Sara and shouldn't bother her.
Answer:
D. why the customer needs 5,000 extra flyers
Juliet spends her day making copies for instructors, filing information for the dean, and recording minutes from meetings. Juliet most likely works in
Teaching.
Training.
Professional Support.
Administrative Support.
Answer:
I believe Administrative Support.
Explanation:
Juliet spends her day making copies for instructors, filing information for the dean, and recording minutes from meetings. Juliet most likely works in Administrative Support. Thus, option (d) is correct.
What is instructors?
The term instructors refer to the providing of the instruction and the guide the direction of the team. The instructor is the main work to the instruction provided related to the task. An instructor is the good profession but, it was the required the proper knowledge and the experience.
Juliet most likely works in administrative support. The administrative support was the main role to the making copies for instructors, meeting was the recording, filing information, answering phones, handel the customers, staff, scheduling meetings, and they managed the documents and reports.
Therefore, option (d) is correct.
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If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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The Nortons invested $137,500.00 in the Washington Real Estate Mutual Fund (Type "B"). The NAV of the fund at the time of purchase was $55.00 and was back loaded with a loading rate of 3.25%. When the Nortons sold their fund shares, the NAV was $59.95. a. How many shares did the Nortons buy? b. What was the amount of the sale (# of shares X selling price)? c. How much was the back-loading charge? d. What was the net selling price? e. How much profit (or loss) did the Nortons make on their investment?
The Nortons made a profit of $7,906.25 on their investment in the Washington Real Estate Mutual Fund (Type "B").
To determine the number of shares the Nortons bought, we divide their investment amount by the NAV at the time of purchase:
a.Shares bought = Investment amount / NAV at purchase
Shares bought = $137,500.00 / $55.00
Shares bought = 2,500 shares
b. The amount of the sale is calculated by multiplying the number of shares by the selling price:
Amount of sale = Number of shares X Selling price
Amount of sale = 2,500 shares X $59.95
Amount of sale = $149,875.00
c. The back-loading charge is calculated by multiplying the investment amount by the loading rate:
Back-loading charge = Investment amount X Loading rate
Back-loading charge = $137,500.00 X 3.25% (expressed as a decimal)
Back-loading charge = $4,468.75
d. The net selling price is the amount of the sale minus the back-loading charge:
Net selling price = Amount of sale - Back-loading charge
Net selling price = $149,875.00 - $4,468.75
Net selling price = $145,406.25
e. The profit (or loss) on the investment is the net selling price minus the initial investment:
Profit (or loss) = Net selling price - Investment amount
Profit (or loss) = $145,406.25 - $137,500.00
Profit (or loss) = $7,906.25
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One of the potential pitfalls of real options analysis is that managers may have the incentive and know-how to game the system.
a. True
b. False
Answer:
True
Explanation:
This is true and a pitfall because managers particularly those in investment businesses can take actions that benefit themselves or act based on self interests. This is because they are open to incentives and also have the know how so they can easily make changes. This is bad for real options analysis. It is an agency issue. These people act without even considering the interests of the organization or that of their employers.
Question 1: Suppose that Markus Braun has a set of steps that Wirecard takes each time they acquire a new company. This blank (1)___________ is known as a blank (2) _____________.
1. a. single-use plan or b. standing plan
2. a. rule
b. regulation
c. policy
d. standard operating procedure
Question 2: Which of the following is a limitation of the planning process at Wirecard? Check all that apply.
a. Goals and plans help employees understand what behaviors are needed at work.
b. Goals and plans make employees more committed to their work.
c. Goals and plans can derail innovation and creativity.
d. Goals can make managers think they know what the future will be like, even when they don’t.
1. Suppose that Markus Braun has a set of steps that Wirecard takes each time they acquire a new company. This blank standing plan is known as a blank standard operating procedure
2. Goals and plans can derail innovation and creativity and goals can make managers think they know what the future will be like, even when they don’t. Options c and d are the answers.
What are goals and plans?Goals are the intended results or targets that a person, group, or organization aspires to achieve within a predetermined timeframe. They serve as a source of motivation and offer actions a clear direction and purpose. To promote clarity and effectiveness, goals are often specific, measurable, achievable, relevant, and time bound.
Plans: Plans are the steps or approaches developed to accomplish the specified goals. They lay forth the procedures, materials, and schedules needed to accomplish the specified goals. Plans can be short-term or long-term and can cover a variety of topics, including project plans, operational plans, marketing plans, and financial plans. They offer a decision-making road map and direct people and organizations toward achieving their objectives.
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A service industry can provide the followings, except.
(a) Road construction (b.) Recreation (c.) laundry (d.) Hotel
A service industry can provide the followings, except road construction.The service industry plays a vital role in the economy and society by offering a wide range of services that meet the needs and wants of consumers(Option A).
A service industry is a type of business that provides services rather than tangible products to customers. Examples of service industries include healthcare, education, hospitality, transportation, and professional services such as accounting and consulting.
Among the options given, the service industry cannot provide road construction. Road construction is typically done by government agencies or private construction companies that specialize in infrastructure development.
On the other hand, recreation, laundry, and hotel services are all common offerings of the service industry. Recreation includes activities such as sports, entertainment, and tourism. Laundry services involve the cleaning and pressing of clothing and linens, and hotels provide accommodations for travelers. By providing quality services, service providers can build strong relationships with their customers and gain a competitive edge in the market.
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What could the owner of a movie theater expect as the possible result from an increase in movie ticket prices?
A The demand will increase.
.
O B. The quantity demanded will decreases
OC The supply will decrease
D. The quantity supplied will decrease.
Answer:
C
Explanation:
Fewer Movie goers will pay a hier price
The supply will decrease could the owner of a movie theatre except as the possible result from an increase in movie ticket prices. Hence, option C is correct.
What is meant by movie ticket prices?
A ticket is a compact, official document or card that serves as proof that you have paid for admission to a venue such as a theatre or sporting event.
The cost of seeing a movie on average every year at the box office is known as the average ticket price. According to the UNESCO Institute for Statistics, the ATP is "calculated as the total earnings from ticket sales divided by the number of feature film tickets sold during the year of reference."
In movie theaters, there are senior discounts and matinee discounts, but there aren't different prices for various films playing at the same time.
Thus, option C is correct.
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List 6 mistakes that can be made during an interview.
Answer:
1.Appearing Disinterested
2.Answering a Call or Texting
3.Dressing Inappropriately
4.Talking Negatively About a Current or Previous Employer
5.Body Language
6.Being Vague
Explanation:
Hope this helps !
Poor interview preparation is a clear killer, and 75% of interviews end in failure because the applicant wasn't prepared for some of the questions asked or didn't know enough about the employer.
What are mistakes that can be made during an interview ?Failing to conduct research The biggest error all of our experts mentioned was showing up unprepared for an interview. This could be not doing your homework on the business, not giving the job enough consideration, or not knowing who you're meeting. However, it could also refer to not having a plan for your conversation.
Most applicants anticipate being questioned. When one person asks every question and the other person responds, an interrogation has taken place. In an interview, questions are posed and answered in the context of a business dialogue. applicants who anticipate unwilling interrogator.
Lack of planning. Some recruiting managers favour conducting interviews in a more "spontaneous" manner.
becoming very anxious.acting too carelessly.being very zealous.intimidating potential employees.Lying. accepting bias.Learn more about Interveiw here
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the process of deciding what should be done, how and when it should be done and who should do it is known as
Answer:
Planning.
Explanation:
Management involves the control, planning and organization of the affairs of a business firm.
Basically, the management of an organization is saddled with the responsibility of planning, organizing, controlling and staffing within the organization.
The four (4) main management activities are;
I. Organizing
II. Controlling
III. Motivating.
IV. Planning.
Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
This ultimately implies that, planning is a strategic process which typically involves deciding what should be done, how and when it should be done and who should do it.
Explain the advantages of a trade agreement and how it might impact a company like Red Fish–Blue Fish
The advantages of a trade agreement is that it would help in the removal of all trade tariffs and restrictions between nations.
What is a trade agreement?This is the term that is used to refer to the ease of carrying out trade between two countries or more. Trade agreements are able to help nations by ensuring that they would remove all tariffs and barriers that are known to impede trade.
With the existence of such an agreement, Blue fish Red fish would be able to export their goods freely and easily to other nations and still import the resources that they need.
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The Information available for XYZ Inc. for the year ending March 31, 20XX is as follows:
Cash in hand = $2,000
Cash at bank = $5,000
Equity capital = $ 100,000
Machinery = $15,000
Land and buildings = $50,000
Creditors = $ 20,000
Debtors = $ 48,000
Prepare a balance sheet for XYZ Inc. with the help of the above given data.
If the Information available for XYZ Inc. The balance sheet for XYZ Inc is Assets $120,000, Liabilities and equity $120,000.
How to prepare the balance sheet?XYZ Inc. Balance Sheet as of March 31, 20XX
Assets:
Cash in hand = $2,000
Cash at bank = $5,000
Machinery = $15,000
Land and buildings = $50,000
Debtors = $48,000
Total Assets = $120,000
Liabilities and Equity:
Creditors = $20,000
Equity capital = $100,000
Total Liabilities and Equity = $120,000
Therefore the balance sheet for XYZ Inc is Assets $120,000, Liabilities and equity $120,000.
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