Answer:
a. not change; improve
Explanation:
Balance of trade is the difference in value over a period of time between a country’s imports and exports of goods and services, usually expressed in the unit of currency of a particular country (e.g., dollars for the United States, yen for the Japan).
Balance of payments record the receipts and payments of the residents of the country in their transactions with residents of other countries.
A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of trade with Japan will not change and the balance of payments with Japan will improve.
Answer:
$277,000
Explanation:
Break even is the point where neither profit nor a loss is made by the company.
<u>Determination of Break-even Sales</u>
Sales - Variable Expenses - Fixed Expenses = 0
Therefore, Solving Algebraically
Sales = Variable Expenses + Fixed Expenses
= 222,000 + 55,000
= 277,000
Therefore Break-even sales for the month for the company is closest to $277,000
Answer:
MPC = 0.8
MPC = 0.2
Explanation:
Marginal propensity to consume is the proportion of an increase in income that is spent on consumption.
Marginal propensity to consume = increase in consumption / increase in disposable income
Marginal propensity to save is the proportion of an increase in income that is saved.
Marginal propensity to save = increase in savings / increase in disposable income
Disposable income is either consumed or saved. so,
Marginal propensity to consume + marginal propensity to save = 1
Marginal propensity to consume = $64 / $80 = 0.8
Marginal propensity to save = $16 / $80 = 0.2
I hope my answer helps you
Going With Your First mind Because It's Not In The Thinking Process
Answer:
Debit Accounts Payable 600, Credit Cash 600
Explanation:
as goods are purchased on credit initially it will be recorded on parable.
And when it will be paid the general entry will be:-
Account payable debit =600
cash credit = 600
Harris record the transaction on July 17
Debit Accounts Payable 600,
Credit Cash 600