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2 years ago

Why do economists pay attention to the balance of trade?

1 answer:

3 0

Economists use the BOT to analyze and measure the relative power of a country's economy. Hence, Economists pay special attention to the Balance of Trade.

<h3>Why is a balance of trade vital to the economy?</h3>

The Balance of trade plays a significant role in the calculation of the Gross Domestic Product of a country. As a part of GDP calculations, exports are brought and imports are subtracted from the total.

The more the change surplus, the more the GDP of a country.

Therefore, Economists use the BOT to analyze and measure the relative power of a country's economy. Hence, Economists pay special attention to the Balance of Trade.

Learn more about balance of trade here:

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Human capital is:________

Dvinal [7]

Answer:

Human capital is an intangible asset or quality not listed on a company's balance sheet.

Explanation:

It can be classified as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. hope this helps you :)

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3 years ago

Prepare a one page memo for your boss briefly summarizing how you concluded the meeting. More importantly, recommend to your bos

grigory [225]

Answer:

Memo for business promotion

Explanation:

To : Manager

From : Finance Officer

Subject : Actions for moving forward

The business meeting has been concluded successfully and minutes of the meeting is prepared in the document. The business needs to be moved forwards as there are many competitors entering in the market. The business need to focus on introducing new products which are demanded by the customer and allow some customization according to customer needs. The packaging of the products also needs to be revised as the presentation is also important for customer to make a buy decision. The business profits will increase and the sales will be high.

Further minutes of the meeting are attached with the memo.

Sign: Edward,

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3 years ago

Problem 12-04A The income statement of Kingbird, Inc. is presented here. Kingbird, Inc. Income Statement For the Year Ended Nove

barxatty [35]

Answer:

Cash Flow From Operating Activities

Cash Receipt from Customers $7,260,000

Cash Paid to Suppliers and Employees ($6,294,700)

Cash Provided by Operating Activities $965,300

Explanation:

Step 1 : Cash Paid to Suppliers and Employees Calculation

Cost of goods sold $4,987,300

Add Operating expenses $1,120,500

Total $6,107,800

Adjustments :

Depreciation expense $95,300

Decrease in Inventory ($536,700)

Increase in Prepaid Expenses $179,800

Decrease in Accounts Payable $345,700

Decrease in Accrued Expense Payable $105,800

Cash Paid to Suppliers and Employees $6,294,700

Step 2 : Cash Receipt from Customers Calculation

Sales revenue $7,465,900

Less Increase in Accounts receivable ($205,900)

Cash Receipt from Customers $7,260,000

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3 years ago

Suppose that you buy a two-year 7.4% bond at its face value. a-1. What will be your total nominal return over the two years if i

Harman [31]

Answer: 15.35%

Explanation:

The total nominal return over the two years if inflation is 2.4% in the first year and 4.4% in the second year will be calculated thus:

= (1+Interest rate)² -1

= (1 + 7.4%) - 1

= (1 + 0.074)² - 1

= 1.074² - 1

= 1.153476 - 1

= 0.153476

= 15.35% over the two years

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3 years ago

At magnira corp., a company that manufactures fruit preserves, fruits of excellent quality are used to make jams, jellies, and m

Juli2301 [7.4K]

<span>In the example of the Magnira Corporation, the fruits are turned into jellies, jams, and marmalades an example of raw materials. Raw materials are basic, unprocessed materials that are used to manufacture goods. Raw materials are often referred to as commodities.</span>

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3 years ago

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