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2 years ago

Which sentences in this paragraph describe two government policies that liberalize the economy?

Business

1 answer:

Gnoma [55]2 years ago

8 0

Answer:

(A) "So, the government decides to reduce the tariffs on imported raw materials."

(B) "It also introduces special economic zones where certain goods can be traded tax-free."

Explanation:

Liberal economic policies usually revolve around deregulation of many governmental policies, since advocates tend to prefer a market that is as free as possible – meaning, it is free of governmental influences. Liberal economy is also a form of capitalism, and thus they would support (A) and (B) most, since it reduces barriers for businesses to operate at a profit.

They would not support (C) and (D) since these two concepts are instead socialist economic policies.

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Novak Corp. issued 2,000 8%, 9-year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1.

miv72 [106K]

Answer:

Part B.

Dr Interest expense ($2,000,000 * 8%) $160,000

Cr Interest payable $160,000

Part C.

Dr Interest payable $160,000

Cr Cash $160,000

Explanation:

Part A.

On Jan 1, 2022, the bond issued would be recorded as under:

Dr Cash (2000 bonds * $1000 par value) $2,000,000

Cr Bonds payables $2,000,000

Part B.

On Dec 31, 2022, the interest accrued would be recorded as under:

Dr Interest expense ($2,000,000 * 8%) $160,000

Cr Interest payable $160,000

Part C.

On Jan 1, 2023, the payment of the interest would be recorded as under:

Dr Interest payable $160,000

Cr Cash $160,000

7 0

2 years ago

Emerson, inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from europe, 18% from asi

Ivahew [28]

Emerson, inc, reported that it owns and operates 265 companies worldwide with 23% of its sales coming from europe, 18% from asia, 46% from the United States and 13% from the other parts of the world. Clearly, emerson exemplifies multinational corporation.

6 0

2 years ago

In answer to a radio advertisement, a teenager two months shy of his 18th birthday contracted to buy a late model car from a car

ratelena [41]

Answer: B. Yes, because he kept the car for six months after reaching the age of majority.

Explanation:

When the teenager had not reached the age of majority, holding him liable for the contract would have been challenging. The teenager however reached the age of majority he became legally liable for decisions and contracts.

After this age, he had the car for 6 more months which means that he had accepted the contract as an adult. He cannot therefore simply wiggle out of the payment because he signed an enforceable contract.

6 0

2 years ago

Design Services is organized as a limited partnership, with Miko Toori as one of its partners. Miko's capital account began the

Veseljchak [2.6K]

Answer:

Partners return on the equity will be 18.8 %

So option (e) will be correct option

Explanation:

We have given Miko's capital account began the year with a balance of $16200

So beginning equity of miko's = $46,200

Ending equity of miko's = $46,200 + $8,700 - $5,200 = $49,700

Average equity $=\frac{49700+46200}{2}=$47950$

Partners return on equity $=\frac{partners\ net\ income}{average\ partners\ equity}=\frac{8700}{47950}=0.181=18.1%$

So partners return on equity will be 18.8 %

So option (e) will be the correct answer

3 0

2 years ago

The Bharu Violin Corporation has the capacity to manufacture and sell 5,000 violins each year but is currently only manufacturin

meriva

Answer:

Financial advantage $40,000

Explanation:

The relevant variable cost will be determined as follows

Unit variable cost = 130+20 = 150.

Sales from special order ( 200 × $350)= 70,000

Variable cost ( 200× 150)= (30,000 )

Financial advantage 40,000

Note that the fixed manufacturing and selling costs were not included in the analysis, simply because they are not relevant. In other words, whether or not the special order is accepted these fixed costs of would be concurred either way.

Financial advantage $40,000

8 0

2 years ago