Give an example of a foreign trade practice that U.S. firms view as "unfair". How do U.S. trade laws attempt to enforce "fair trade" ?

Explain the relationship between Mexican workers and U.S. corporations and assess how this relationship contributes to the alienation and solidarity of U.S. and Mexican workers. 300 words

In what ways does U.S. culture encourage the development of intimacy during young adulthood? Are there ways in which U.S. culture frustrates this developmental priority?

the construction activity for the year-end 31 December 2020, are as follows:

Required:

1) Prepare a schedule by project, showing clearly the amount of gross profit (loss) of the project before deducting selling, general, and administrative expenses for the year ended 31 December 2020 using the percentage-of-completion method. (based on estimated costs.)

2)Based on the schedule, show the amount of gross profit ( or loss) before selling, general, and administrative expenses for the year ended 31 December 2020, which would be reported if the following method are used:

(I) the cost-recovery method.

(II) The percentage-of-completion method ( based on estimated costs)

3) Prepare all the necessary general journal entries for the project AB for the financial year 2020, using the percentage-of-completion method.

Numbers 12 and 13 On January 1, 2020, an entity sold a new car at a price of P1,300,000 with production cost of P1,170,000. At the time contract signing, the entity received P130,000 cash and old car as down payment. The entity gave a trade-in allowance of P390,000 to the old car although its fair market value on January 1, 2020 is P650,000. The remaining balance is payable in six equal monthly installments starting February 1, 2020. The buyer religiously paid the monthly installments starting February 1, 2020. However, on June 1, 2020, the buyer defaulted on the monthly installment due which is resulted to the cancellation of the contract of sale and repossession of the subject car. At the date of the repossession, the repossessed car was appraised at a fair value of P169,000. It is the policy of the entity to use installment method to account its credit sales.

12. What is the realized gross profit to be recognized by the entity for the year ended December 31, 2020?

13. What is the loss on repossession to be recognized by the entity for the year ended December 31, 2020?

Elements of the Income Statement for Hofstadter Experiments Ltd. follow:

Highlights of the Balance Sheet:

Required: (Round all answers to 2 decimal places).

1. Calculate the gross profit rate for both 2019 and 2020.
2. Did the gross profit rate improve or worsen from 2019 to 2020?
3. What was the Accounts Receivable Turnover ratio for 2020?
4. Explain what Accounts Receivable Turnover is in your own words.
5. What was the Return on Common Shareholders’ Equity for 2020?
6. What was the Current Ratio for 2020?
7. Is the current ratio calculated in f) adequate?

Elements of the Income Statement for Hofstadter Experiments Ltd. follow:

Highlights of the Balance Sheet:

Required:   (Round all answers to 2 decimal places).

1. Calculate the gross profit rate for both 2019 and 2020.
2. Did the gross profit rate improve or worsen from 2019 to 2020?
3. What was the Accounts Receivable Turnover ratio for 2020?
4. Explain what Accounts Receivable Turnover is in your own words.
5. What was the Return on Common Shareholders’ Equity for 2020?
6. What was the Current Ratio for 2020?
7. Is the current ratio calculated in f) adequate?

On 15 June 2020 Great Hall Pty Ltd reestablishes the account of one customer and records the collection of $2,200 in full payment of the account that had previously been written off. The present balance of the allowance for doubtful debts account is $1,000 CR.

After the above adjustment, Great Hall Pty Ltd assigns the following probability of uncollectible to each age group of receivables as at 30 June 2020 in the below table.

Required:

1. In the table above, estimate the total uncollectible receivables as at 30 June 2020.

Provide journal entries to record the recovery of the bad debt on 15 June 2020, and adjust the closing balance of the allowance for doubtful debts account on 30 June 2020.                                                                                  

13. Suppose the Federal Reserve increases the U.S. money supply in an effort to prevent the U.S. economy from slipping further into recession.

a. According to the Quantity Theory of Money, what will the increased money supply do to the price of goods in the United States in the long run, all else equal?

b. According the theory of PPP, what will happen to the exchange value of the U.S. dollar as a result, all else equal? In particular, would you expect the dollar to appreciate or depreciate against foreign currencies?

c. According to PPP, what will happen to the real cost paid by foreigners for U.S. products?

Heights of men and women in the U.S. are normally distributed. Recent information shows:

Adult men heights:    µ = 69.6 inches with σ = 3 inches.

Adult women heights: µ = 64.1 inches with σ = 2.7 inches.

3.

The middle 60% of U.S. women will be between ___ inches and ___ inches tall

(round to the whole inch)

What percent of U.S. men are 6 ft. or shorter:

(round to the 2nd decimal place)

If a man is selected at random from the U.S. population, what is the probability that he is between 66 and 71 inches tall?

(round to the 4th decimal place)