According to international trade theory, a country can gain a. only if the trade harms its trading partners. b. if it maximizes the employment in domestic industries that face competition from foreign producers who have lower costs. c. if it protects domestic industries from low-wage foreign producers. d. by importing goods when they can be obtained more economically from foreign producers.

Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

Increases in output and increases in the inflation rate have been linked to