hey relate to each other and/or how they both relate to specific challenges in economic development: industrial policy an
Q: The auto repair shop of Quality Motor Company uses standards to control the labor time and labor…
A: Formula: Labor rate variance = (Actual hourly rate - Standard rate per hour)*Actual hours worked…
Q: Bob and Joan incorporate their partnership and elect to be taxed as an S Corporation. At the time of…
A: Partnership refers to the contractual arrangement which is made among two or more individuals who…
Q: The company reported a current ratio of 2.1 and 2.22 as of December 31, 2020 and December 31, 2021…
A: Answer:- Liabilities definition:- A liability is anything that a person or corporation owes,…
Q: What is a dividend
A: As per the guidelines, only one question is allowed to be solved. Please resubmit the questions…
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A: Face Value of Bonds = P 2,500,000 Annual rate of interest = 9% Period = 10 years Interest Frequency…
Q: SLO-4.3. Internal control does not consist of policies and procedures that OProtect assets from…
A: Internal controls are policies and procedures implemented by management to safeguard it's assets…
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A: Depletion of mine will be on the basis of amount of mineral extracted during the period. Accumulated…
Q: Dec. 01 Mr. Sy, owner of Sy General Services, invested P5,000 cash in the business 02 Bought…
A: Journal Entries - Journal Entries are the recording of transactions of the organization. It is…
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A: cost of purchase include all the purchase costs plus the import duties and non refundable taxes and…
Q: f the calendar year. The partr ucting partners' guaranteed ed payment of $8,000 per m Id report on…
A: The answer has been mentioned below.
Q: XYZ company provided the following information: $30,000 Salms Accounts payable Seling expenses 3,000…
A: The gross profit is calculated as difference between sales and cost of goods sold.
Q: Hendricks Company begins operations on January 1, 2023. The company needs to determine the number…
A: The correct option with proper explanation are as follows
Q: For items 25 to 26 The following information were taken from the records of Zamboanga Corporation…
A: Contribution margin ratio = Contribution margin per unit/selling price per unit Traceable…
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A: Bonds- A bond is a fixed-income tool that represents a loan made by a shareholder to a borrower…
Q: Wanda Company sold accounts receivable without recourse for P8,200,000. The company received…
A: Formula: Loss on factoring = Net Realizable value of Accounts receivable - Sale value of receivable…
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A: While calculating net income it also consider non cash expenses like depreciation, profit and loss…
Q: Which of the following is not a potential entity level tax for an S corporation that was formerly a…
A: The S Corporation is one of the constitution in US Taxation along with C Corporation. S Corporation…
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A: The income statement shows the net income or net loss calculated by deducting the expenses from the…
Q: Why would a supplier require a customer to sign a promissory note?
A: The amount payable, interest rate, maturity date, place and time of issue, date of issue, borrower…
Q: SLO-4.2. A necessary element of internal control is ODatabase OSystems design. OSystems analysis.…
A: Internal control is a set of procedures followed to achieve efficiency and effectiveness in the…
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A: The constant growth rate model determines the cost of capital by assuming that the dividend will…
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A: Answer:- Statement of change in equity:- A statement of change in equity sometimes also called as…
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A: There are two lawsuits filed against the company by December 31, 2021. The court has not settled the…
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A: Inventory means the amount of stock which is held for used in production or for resale purpose.…
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A: Gross income is the income which has been earned by the person during the year and gross income for…
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A: Introduction: Income statement: All revenues and expenses are shown in Income statement. It tells…
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A: Marginal costing method: It is also called the Variable costing method. In this method, all the…
Q: d CO. ary 1,20 its fair v enters int
A: A sale and lease back agreement is a contract between two parties where one party sells an asset to…
Q: Compute the ending inventory on a dollar-value LIFO basis for each year, 2020 through 2023.
A: LIFO is the method which has been used by the company in determining the valuation of the goods and…
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A: The amount of retained earnings fluctuates form year to year with changes in income, dividends or…
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A: Lets understand the basics. In straight line basis, depreciation is calculated in equal installment…
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A: The answer is stated below:
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A: Only first year's miles driven is given. So, Depreciation is calculated only for first year
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A: While preparing closing Entry for Income statement accounts, all the Revenues and Expenses are…
Q: From the following information prepare the sale and leaseback agreement for Steven and CO. On…
A: A sale and lease back agreement is a contract between two parties where one party sells an asset to…
Q: SLO-5.3. If the credit terms are 2/10, n/30, the credit period is days. 3 010
A: Introduction: Credit period: In general sales can be of two types Credit sales and cash sales. With…
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A: The wage limit for social security tax for 2021 = $142800
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A: Under double entry system of bookkeeping one account is debited and other is credited. Assets and…
Q: On December 31, 2021, Maroon Co. leased an equipment with a cost of P2,000,000 to Green Co. for…
A: Residual value is of two types-one is guaranteed residual value and the other is unguaranteed…
Q: Hig 03 2001dua anw blos nos srl 00S nl aslensa sib no flig to 000.c seol 10 nisg having and r ecutor…
A: Basis in each share of stock = $5000/ 200 shares = $25 per share
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A: When a borrower keeps the accounts receivable as collateral while borrowing money from a lending…
Q: Lithium Co.'s current liabilities totaled USD1,600,000 as of December 31, 2014, before any necessary…
A: Current Liabilities are the total debts of an entity which are to be repaid within a span of 1 year…
Q: SLO-3.2. Which of the following is NOT a type of owner's equity? ORent Income OWithdrawls OOwner's…
A: The owners' equity alludes to the excess of the company's assets over its obligations. It would be…
Q: A company has the following information available that was used to report inventory using the…
A: Most of ending inventory is to be reported at cost index 1.06
Q: The following data apply to Stratford Ltd: Direct materials inventory, beginning of the year $5,500…
A: Formula: Direct materials used = Beginning Direct materials + Purchases - Ending Direct materials
Q: What amount should be capitalized initially as cost of the leased property?
A: Lease refers to a contract between two parties under which one party who is the real owner of an…
Q: On September 1, 2022, Darren Co. borrowed P150,000 from BPI by issuing 8% note due August 31, 2023,…
A: Note: Interest amount should be recognized on the amount borrowed. Accounts receivables pledged as…
Q: 18. The Disney Company's breakeven sales is P400,000 at a certain level of fixed costs. When such…
A: Lets understand the basics. Break even point is a point at which no profit no loss condition arise.…
Q: What is the carrying value of the liability and the amount of depreciation respectively, on December…
A: Depreciation is the reduction in the value of asset due to its normal use and tear and wear. It is…
Q: 56. What is the gross profit to be reported by the Filipino entity for the year ended December 31,…
A: As per our protocol we provide solution to the one question only but you have asked two multiple…
define each term/concept then indicate how they relate to each other and/or how they both relate to specific challenges in economic development: industrial policy and the principle of government non-interference in trade
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- Discuss the impact of globalization on accounting theory and the need for harmonization of accounting standards across different jurisdictions.Issues about stability of a government, laws and restrictions on business and economic activities belong to: Global factors O Political and legal factors Economic factors O Cultural factorsDemonstrate competence in words the theory & evolution of international trade with emphasis on comparative advantage. Formulate a deeper understanding of comparative advantage including the impact of government intervention of comparative advantage.
- Identify the Regional Economic “Drivers’’ or Base Industries?The Economic Planning Unit (UPE) serves as an agency that plans the country's economic development by formulating and implementing national economic development plan policies. Identify whether this statement is true or false. Select one:TrueFalseWhat role may sustainability reporting play in enhancing trade in underdeveloped nations? Also when reporting on sustainability, what governance, systems, and processes are required? Content is important.
- What is the role of technology innovation under the perspective of economic growth and international investment respectively? Specifically, what kind of investment strategy will you recommend to take advantage of technology innovation in the market?Give an example of how cardinality relates to business policy.Answer for question A please. Multinational enterprises design International Transfer Pricing (ITP) systems to achieve their global objectives. A) Explain both internal and external factors affecting the ITP systems.
- Discuss it in your own understanding and then give example each of the following: Tangible and Intangible Market Structure ( Perfect Competition,Monopoly Competition and Oligopoly Competition) Price and Production Local and National market Consumer and Producer goods Demands Law of demand Utility and DemandWhat Is International Business? Define and explain.Question 19 means accountability to those existing and potential resource providers and others external to the entity who make economic decisions but are not in a position to demand reports tailored to meet their particular information needs.