TRUE, Many countries hope to improve trade by engaging in Regional Trade Agreements (RTAs), the best-known example of an RTA is the European Union (EU).
Regional trade agreements include the European Union (EU), the Asia-Pacific Economic Cooperation (APEC), the North American Free Trade Agreement (NAFTA), and the Central American and Dominican Republic Free Trade Agreement (CAFTA-DR). Regional Trade Agreement Types Six types of regional trade agreements exist. A regional trade agreement (RTA) is a legal document signed by two or more countries that lays out the terms of all parties' trade relations. The Central American-Dominican Republic Free Trade Agreement (CAFTA-DR), the North American Free Trade Agreement (NAFTA), and the European Union are examples of regional trade accords.These correspond to 577 notifications from WTO members, counting goods, services and accessions separately.
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what are some ways the financial crisis in 2008 could've been avoided
The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.
The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.
Here are some ways the financial crisis in 2008 could have been avoided:
1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.
2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.
3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.
4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.
5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.
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Cash paid to creditors ra 9000 after deducting 10% discount journal entry
Jackson investigated loans for a $15,575 car. What might happen if he found a car he liked for $10,000?
O He would have larger monthly payments.
O The lenders will not lend him a smaller amount of money.
O He would still have to take the bank's loan offer.
O The lenders might give him a better interest rate on a smaller loan.
Answer: He would have a larger monthly payments
Explanation:
If he finds a car for $10,000, then subtract $15,575 from $10,000. Than you will see how much money he has in the loan.
Answer:
The lenders might give him a better interest rate on a smaller loan.
Explanation:
because why would he have larger payments for a cheaper car, they will lend you ten thousand for a good reason , and they can't force you to take a smaller loan.
Evaluate the impact that the Total quality management elements have on woolworths, as a large company and provide practical examples to support your findings
The elements of total quality management in a large company like Woolworths is the creation of value in the micro and macro environment.
How does total quality management impact the business?Total quality management is a method that assists in the continuous improvement of processes, through a strategy of monitoring, controlling and reviewing processes to reduce bottlenecks and maximize quality.
Therefore, in a supermarket chain like Woolworths, total quality management can increase employee and consumer satisfaction, increasing the company's positioning and competitive advantage.
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Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.
If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:
The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.What will the legal requirements be about?A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.
I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:
Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.Learn more about human resource professional from
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Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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Which of the following statements accurately describes how an event will impact supply? Choose 1 answer: Choose 1 answer: (Choice A) A An increase in costs of production will cause an increase in the supply curve (Choice B) B An increase in demand will cause an increase in supply (Choice C) C An increase in price will cause supply to increase (Choice D) D A decrease in price will cause supply to increase (Choice E) E A decrease in resource costs will cause an increase in the supply curve
The statement that accurately describes how an event will impact supply is option B An increase in demand will cause an increase in supply.
What happens when supply and demand both rise?If demand and supply both rise, more will be purchased by consumers and more will be produced by businesses. The impact on price will, however, depend on the relative amount of the two changes because consumers place a higher value on each unit while producers are willing to supply each unit at a lower price.
Therefore, With everything else remaining the same, an increase in demand will result in a rise in the equilibrium price and an increase in supply. Reduced demand will result in a drop in the equilibrium price and a reduction in supply.
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When a customer asks me to do something that is someone else's job, I am most likely to…
When a customer asks you to do something that is someone else's job, it is important to handle the situation professionally and appropriately. Here are some possible courses of action:
Clarify the customer's request
Offer assistance within your capabilities
Refer the customer to the appropriate person or department
Communicate with colleagues or superiors
When a customer asks you to do something that is someone else's job, it is important to handle the situation professionally and appropriately. Here are some possible courses of action:
Clarify the customer's request: Ask for more details to understand the customer's needs better. It's possible that there may be a misunderstanding or miscommunication regarding responsibilities.
Offer assistance within your capabilities: If the request falls within your realm of expertise or you have the authority to help, provide assistance to the customer. This demonstrates a willingness to go the extra mile and can enhance customer satisfaction.
Refer the customer to the appropriate person or department: If the request is clearly outside your job scope, politely inform the customer that it is not your responsibility but provide guidance on who they should contact or direct them to the correct department. This ensures the customer's needs are addressed by the right person.
Communicate with colleagues or superiors: If the customer's request raises a recurring issue or confusion regarding responsibilities, discuss it with your colleagues or superiors to find a resolution or clarify roles and responsibilities.
Remember, maintaining professionalism, clear communication, and providing appropriate guidance are essential in handling situations where a customer asks you to perform someone else's job.
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A one-year and two-year bonds currently pays 1.4% and 1.2%, respectively. What is the expected interest rate on a one-year bond next year according to the liquidity premium theory if the two-year term premium is 0.1%
Answer:
Expected Interest Rate = 1.8%
Explanation:
The computation of the expected interest rate on a one year bond is shown below
Interest Rate expected in nth year would be
= (Sum of individual interest rates in n years) ÷ n + liquidity premium in nth year
1.6% = (1.2% + Expected Interest Rate) ÷ 2 + 0.1%
1.5% × 2 - 1.2%= Expected Interest Rate
Expected Interest Rate = 1.8%
the ____ is a federal government agency that offers both managerial and financial assistance to small businesses
categories such as education and household size represent which of the following?
a) Culture
b) Demographic
c) Benefit
d) Psychografic
I dont understand how when I decide to Post my Modeling pictures up here people feel the need to made nasty comments and say stuff that makes me feel uncomfortable?
But At the end Im the one getting reported?
When prices rise, a. real estate is a better unit of account than money. b. money is a worse medium of exchange than real estate. c. money is a better store of value than real estate. d. real estate is a better store of value than money.
When prices rise, d. real estate is a better store of value than money.
What is increase in price?Increase in price is when the price of goods and service is on the high side and this tend to occur when the cost of production is high. The effect of price rise is the it lead to low demand of goods and service.
When rise investing in real estate is a goods choice based on the fact that it enables you to invest and have value for your money because investing in real estate is an asset.
Therefore the correct option is D.
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Which of the following accounts are typically reported on the balance sheet of a manufacturing company?A. Cost of goods soldB. Work in processC. Raw materialsD. Finished goods
Work in process, Raw materials, and Finished goods are typically reported on the balance sheet of a manufacturing company. thus options B, C, and D are the answers.
Manufacturing companies have typically three types of inventory that are reported on the balance sheet: work in process, raw materials, and finished goods.
Work-in-process inventory represents products that are in the process of being manufactured but are not yet complete.
Raw materials inventory represents the materials that are used to make the finished products.
Finished goods inventory addresses the completed products that are ready to be sold. The cost of products sold, on the other hand, is an expense account that appears on the income statement and represents the expense of the products that were sold during the accounting time period. By tracking these inventory accounts, manufacturing companies can monitor their production and sales activities and ensure that they have enough inventory on hand to meet customer demand.
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Sarah is working on a paper, but the paragraph she is typing doesn't make sense. She needs to delete all of her work and start over. The quickest way to remove the text is to _____.
a.
select all of the text to be deleted and hit Backspace key
b.
hit the Backspace key repeatedly until all of the text is gone
c.
delete the document and begin a new one
d.
hit the Delete key repeatedly until all of the text is gone
Answer:
a
It's the fastest way
Answer:
Option A.
That is the easiest and quickest way to delete the whole text
A manufacturer of goods uses two factors to decide whether to use truck or rail for movement of its products to market: cost and total travel time. The manufacturer uses a utility formula that rates each mode. The utility formula is U = 5C +10T, where C is cost ($/ton) and T is time (hours). For a given shipment of goods, a trucking firm can deliver in 16 hours and charges $25/ton, whereas a railroad charges $17/ton and can deliver in 25 hours.
Required:
a. What other factors should the shipper take into account in making this decision?
b. Which mode should the shipper select?
Answer:
(a) The utility formula is U = 5C+10T,
Where C is the cost
T is time (hours).
Calculate of the value of U by putting the values of C and T,
U = 5C+10T
For truck U = 5(25)+10(16)
For truck U = 125+160
For truck U = 285
U = 5C+10T
For rail U = 5(17)+10(25)
For rail U = 85+250
For rail U = 335
Conclusion: Then shipper should select truck mode.
(b) Other factors that the shipper should take into account in making this decision are:
1. Total landed cost
2. Nature of the product
3. Government regulations and policies
If inflation is 3 percent, unemployment is 6 percent, interest rates are 7 percent, and the economy is growing 2 percent, what is the economy’s “misery index”?
The misery index of this economy, based on the inflation rate and the unemployment rate is 9. 0
How to find the misery index?The Misery index shows how bad things are in an economy by measuring economic distress. It is calculated by adding the inflation rate for the year, to the unemployment rate that has been seasonally adjusted.
The misery index is therefore:
= Inflation rate + Unemployment rate
Inflation rate = 3 %
Unemployment rate = 6 %
The misery index is therefore:
= 3 % + 6 %
= 9. 0
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What is the best way to manage interruptions and emergencies in my day?
put interruptions on hold and take care of emergencies. priority is challenging but it's worth the work
Answer:
Emergency
Explanation:
Emergency is more important that an interruption.Emergency are more life or death.An interruption is small and yes a bit agervating at time but are less import than a life or death emergency.
Why is it important to check your credit history?
Use the model developed in Chapter 3 and assume that consumption does not depend on the interest rate. Holding other things constant, when the government lowers taxes on business investment, thus increasing investment demand, the quantity of investment: Group of answer choices and the interest rate are both unchanged. increases and the interest rate rises. decreases and the interest rate rises. is unchanged and the interest rate rises.
Answer: increases and the interest rate rises.
Explanation:
As a result of the increase in a demand for investment, entities will borrow more money from financial institutions in order to undertake these investments.
Investments will therefore rise as a result. Unfortunately, due to the increase in demand for loanable funds from financial institutions, interest rates will rise as well to show that demand is increasing faster than supply of loanable funds as posited by the law of demand and supply.
Expalin two advantages of Marginal Costing.
Answer:
. Facilitates cost control – By separating the fixed and variable costs, marginal costing provides an excellent means of controlling costs. 3. Avoids arbitrary apportionment of overheads – Marginal costing avoids the complexities of allocation and apportionment of fixed overheads which is really arbitrary.
CULLUMBER COMPANY
Trial Balance
June 30, 2017
Debit Credit
Cash $ 5,240
Accounts Receivable $ 5,340
Supplies 2,150
Equipment 5,150
Accounts Payable 5,836
Unearned Service Revenue 2,550
Common Stock 11,150
Dividends 800
Service Revenue 5,630
Salaries and Wages Expense 3,530
Utilities Expense 945 $20,465 $27,856
Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors:______.
1. Cash received from a customer on account was debited for $760, and Accounts Receivable was credited for the same amount. The actual collection was for $706.
2. The purchase of a printer on account for $340 was recorded as a debit to Supplies for $340 and a credit to Accounts Payable for $340.
3. Services were performed on account for a client for $900. Accounts Receivable was debited for $90 and Service Revenue was credited for $900.
4. A debit posting to Salaries and Wages Expense of $735 was omitted.
5. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260.
6. Payment of a $600 cash dividend to Cullumber Company's stockholders was debited to Salaries and Wages Expense for $600 and credited to Cash for $600.
Prepare a correct trial balance.
CULVER CO.
TRIAL BALANCE
JUNE 30, 2017
Debit Credit
Cash
Accounts Receivable
Supplies
Equipment
Accounts Payable
Unearned Service Revenue
Common Stock
Retained Earnings
Service Revenue
Salaries and Wages Expense
Office Expense
Dividends
Totals
Answer:
Realidades 2 WKBK page 109
Explanation:
Realidades 2 WKBK page 109
A certain state uses the following progressive
tax rate for calculating individual income tax:
Income Progressive
Range ($) Tax Rate
0 - 10,000
3%
10,001 - 50,000 5%
50,001 - 100,000 5.5%
Calculate the state income tax owed on a $40,000
per year salary.
tax = $[?]
Round your answer to the nearest whole dollar amount.
Enter
The state income tax owed on the $40,000 salary should be $1,800.
The calculation of the state income tax owed on $40,000 salary should be:= 3% of $10,000 + 5% of $30,000
= $300 + $1,500
= $1,800
Therefore we can conclude that the state income tax owed on the $40,000 salary should be $1,800.
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Answer:
its 550
Explanation:
How does a business identify how much profit was made on a job?
Answer:
Making a profit is one of the most important objectives of a business. You can calculate your business profit by subtracting your total expenses from your total revenue. To identify what the revenues and expenses are, start by choosing the time period you want to study.
Explanation:
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Crown me as brainliest:)
The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of 4.5 percent forever. If the stock currently sells for $43.15 per share, what is the required return
Answer:
10.6%
Explanation:
The next dividend payment for Hoffman is $2.65
The growth rate is 4.5%
The stock currently sells at $43.15
The required return can be calculated as follows
= 2.65/43.15 + 4.5/100
= 0.0614 + 0.045
= 0.1064× 100
= 10.6%
Hence the required return is 10.6%
Read the following paragraphs about four films and then identify the purpose of each paragraph.
According to the paragraph, (1) The paragraph of the conclusion made to evaluate. (2) To Summarize. (3) To Synthesize. (4) To Analyze.
What is the main purpose of each paragraph?Your paragraphs help to clarify, establish, and support your thesis statement or argument while also directing the reader through the document.
An successful paragraph should always have the following four components: unity, coherence, a topic sentence, and adequate development. One main topic or point should be covered in each paragraph.
Therefore, After reading the following paragraphs about four films and then identifying the purpose of each paragraph the conclusion made is:
To Evaluate.To Summarize.To Synthesize.To Analyze.To know more about the paragraph, visit:
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The complete question is attached:
Which of the following are pre-award considerations that impact post-award subcontracting compliance management?
The options that are pre-award considerations that impact post-award subcontracting compliance management are:
1)Will advance notification and consent to subcontract be required?
3)Will the contract be set aside for one of the small business socioeconomic categories?
4)Will the contract include government property?
Why is subcontract management important?Subcontract management, when correctly implemented, encourages uniformity in the administration of subcontracts across functions, reduces risk to the business and contract, and can boost profitability.
The process of hiring and supervising subcontractors on behalf of a customer is known as subcontractor management. General contractors are accountable for this in construction.
Respect for the standards and guidelines established in a contract is referred to as contract compliance. This frequently entails periodic inspections of an existing contract to look for deviations and assess compliance with compliance rules and standards.
Therefore, The process of making sure people and operations at all levels of the business abide by rules, regulations, and specifications is known as compliance management. Governments, industry groups, regulatory agencies, and employee unions are just a few of the many organizations that set requirements.
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See full question below
Which the following are pre-award considerations that impact post-award subcontracting compliance management?) (Select three that apply)
1)Will advance notification and consent to subcontract be required?
2) Will the prime contractor be required to attend the post-award orientation conference?
3)Will the contract be set aside for one of the small business socioeconomic categories?
4)Will the contract include government property?
I'll have to investigate fraud once a person notifies them in writing that their information is an accurate
I'll have to investigate fraud once a person notifies them in writing that their information is an accurate and it does not show on records
How to investigate fraudIf an individual notifies in writing that their information is accurate and there are no indications of fraud, a fraud investigation may not be necessary. Instead, the focus should be on verifying the accuracy of the information and addressing any discrepancies through a verification or reconciliation process.
It is essential to communicate with the individual, update records if necessary, and maintain proper documentation. However, if fraud suspicions arise during the verification process or if the person later reports suspected fraud, a fraud investigation should be initiated following appropriate procedures.
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S.D(X) = 6 and S.D(Y) = 8. If X and Yare independent random variables, then S.D(X-Y) is
If, S.D(X) = 6 and S.D(Y) = 8. If X and Yare independent random variables, then S.D(X-Y) is 14.
The answer is 14.
How to find?
For independent variables X and Y;
S.D(X - Y) is expanded as :
S.D(X) + S.D(Y)
If S.D(X) = 6 and S.D(Y) = 8 ; where, X and Y are independent ;
SD(X-Y) = SD(X) + SD(Y)
SD(X - Y) = 6 + 8
SD(X - Y) = 14.
Hence, the answer is 14.
What does a variable simple definition mean?A variable may be defined as a quantity that can fluctuate and is not fixed.
Variables are necessary since they make up a significant portion of algebra. To denote an unknown number, we often use the letters "x" and "y."
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Inventory is an
•expense
•asset
•neither