All categories

2 years ago

A British grocery chain uses previously obtained U.S. dollars to purchase apples from the United States. This transaction

1 answer:

6 0

A British grocery chain uses previously obtained U.S. dollars to purchase apples from the United States. This transaction increases British net capital outflow and increases U.S. net exports. This is further explained below.

<h3>What is a grocery chain?</h3>

Generally, Fresh or packaged food is sold at grocery stores, which are sometimes known as "grocery shops" (AE), "grocery stores" (BE), or simply "grocery" (AE).

In conclusion, Apples from the U.S. are purchased by a British supermarket chain using U.S. money that was previously purchased. This deal raises net capital outflow from the United Kingdom and boosts net exports from the United States.

You might be interested in

Can someone go check out my recent question because i need help

Ber [7]

Answer:

Explanation:

5 0

3 years ago

Costello Corporation reported pretax book income of $500,900. During the current year, the reserve for bad debts increased by $6

raketka [301]

Answer:

Deferred income tax expense = $7,161

Explanation:

Given:

Bed debts increase = $6,800

Depericiation increase = $40,900

Tax-exempt life insurance = $3,450

Computation:

Assume tax rate = 21%

Taxable difference = 40,900 - 6,800

Taxable difference = 34,100

Deferred income tax expense = 34,100 × 21%

Deferred income tax expense = $7,161

6 0

3 years ago

A symbol or mark may act as an individual's signature as per the Statute of Frauds and the UCC's requirement that a written cont

jenyasd209 [6]

Answer:

True

Explanation:

The Statute of Frauds requires some type of contracts to be put in writting. Some of theses agreements includes: any goods worth $500 or more, sale of land and contracts that can exceed a year. Statute of frauds is gotten from an Act of the Parliament of England (29 Chas. 2 c. 3) passed in 1677 (authored by Lord Nottingham assisted by Sir Matthew Hale, Sir Francis North and Sir Leoline Jenkins.

One of the requirement of the written agreements under the Statute is that the signature of both parties involved in the agreement is needed.

3 0

4 years ago

Read 2 more answers

Determine the net income of a company for which the following information is available for the month of September. Service reven

Luba_88 [7]

Answer:

Net income 167,800

Explanation:

The net income will be determinate by the difference of the revenues and revenues:

Service revenue 300,000

Salaries expense 81,000

Rent expense 48,000

Utilities expense 3,200

Total expenses <u> 132,200 </u>

Net income 167,800

If provided with a tax rate, that value would be the earnigns before taxes (EBT)

We should also calculate the income tax and then, subtract the income tax to get the net income

6 0

3 years ago

With regards to economics, what is a trust?

Sever21 [200]

This hard question. I think this can be based on opinion. Trust can be like will.

4 0

3 years ago