①Trade relations and statistics
Many US corporations view Australia as an investment destination for Asia Pacific
operations.
There is growing appreciation of Australia as a supplier of leading edge products.
The Australia-United States Free Trade Agreement (AUSFTA) came into force on 1
January 2005. The AUSFTA is an agreement that gives Australian businesses expanded
access to the wo
2) Managing external debt using sustainability indicators
External debt management involves balancing resource mobilization and deployment as well as orderly repayment of future obligations. For sustainable debt management, policy makers need to project accurate debt dynamics that are sensitive to the way the current account deficits are being financed. If borrowed resources are not used produ
liquidity problems. A drop in account receivables implies a decrease in quick assets, and such decrease maybe critical for some companies that does not have enough financial resources to pay back the upcoming current liabilities. This is why Xerox announced that it has set aside reserves for these subsidiaries, in an attempt to alleviate the investors’ anxiety about the company’s liquidity.
investors’ anxiety about the company’s liquidity.
4. What is the journal entry needed to estimate and recognize the uncollectibility of some accounts receivables?
When account receivable is recognized to be uncollectible, it means that this account should decrease its book value. Therefore, the contra-account, the allowance for bad debts or the provision for bad debts, should recognized
investment will take some time to recover and foreign influences of economy would not aid in the process.
GDP growth rate has proven to be the third worst case(after the economic slump in 1980 and 1998) in the history of Korea with the record of -2.3%.
The rise in unemployment, decrease in consumption, drop in property prices and depressed consumer sentiment, GDP growth rate is expected to dro