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Murljashka [212]
2 years ago
7

A chinese student pays tuition at a u.s. university. the chinese government classifies this transaction as?

Business
1 answer:
Zigmanuir [339]2 years ago
3 0

A Chinese student pays tuition at a U.S. University. The Chinese government classifies the transaction as A service import.

<h3>What is service import?</h3>

A service import is usually   transactions of goods and services  from non-residents to residents.

In this case, A Chinese student pays tuition at a U.S. University. The Chinese government classifies the transaction as A service import.

Learn more about service import on:

brainly.com/question/13269427

#SPJ1

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The income statement for Splish Traveler Company shows cost of goods sold $307,000 and operating expenses (exclusive of deprecia
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Answer:

a. $349,700

b. $209,900

Explanation:

The computation is shown below:

Before computing the cash payment made to supplier first we have to find out the purchase amount which is shown below:

(a) Change in Finished goods + purchase = Cost of goods sold

-$25,800 + purchases = $307,000

So, the purchase is $332,800

Now

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And,

(b) Cash paid for operating expenses is

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= $209,900

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