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torisob [31]
2 years ago
9

If France had positive net exports last year, then it Group of answer choices sold more abroad than it purchased abroad and had

a trade surplus. sold more abroad than it purchased abroad and had a trade deficit. bought more abroad than it sold abroad and had a trade surplus. bought more abroad than it sold abroad and had a trade deficit.
Business
1 answer:
Snowcat [4.5K]2 years ago
7 0

If France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.

<h3>What is trade surplus?</h3>
  • When focused simply on trade effects, a trade surplus indicates that a country's goods are in high demand on the global market, which raises the price of those items and leads to a direct strengthening of the home currency.
  • When exports surpass imports, the trade balance (surplus) is positive.
  • When exports are fewer than imports, the trade balance is negative (deficit).
  • When a country exports more goods than it imports, it has a trade surplus.
  • For example, if China exported $1 trillion in products while importing only $200 billion in goods, it would have an $800 billion trade surplus.

Therefore, if France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.

Know more about trade surplus here:

brainly.com/question/4126723

#SPJ4

The complete question is given below:
If France had positive net exports last year, then it

A. sold more abroad than it purchased abroad and had a trade surplus.

B. sold more abroad than it purchased abroad and had a trade deficit.

C. bought more abroad than it sold abroad and had a trade surplus.

D. bought more abroad than it sold abroad and had a trade deficit.

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Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald. She was delighted
kozerog [31]

Answer:

Answer is explained in the explanation below.

Explanation:

Solution:

According to the data given: This can be solved as following. (Note: we are not given income tax tables to calculate the accurate net pay. So, according to given information here. Following is the accurate one. )

Let's assume, a 6.2% tax rate for SS ( Social Security) and 1.45% tax rate on Medicare:

So,

Social Security = 6.2%

Medicare = 1.45%

Pay Per hour = $14.30

So, let's calculate Rhonda's Gross pay:

Gross Pay = Pay per hour x total number of hours

Gross pay = $14.30 x 80 hours

Gross Pay = $1,144

Now, calculate the Rhonda's Reduction for Social Security:

Rhonda's Reduction for Social Security = $1,144 x 6.2%

Rhonda's Reduction for Social Security = $70.928

Similarly, Rhonda' Reduction for Medicare:

Rhonda' Reduction for Medicare = $1,144 x 1.45%

Rhonda' Reduction for Medicare = $16.588

So Finally,

Rhonda's Take-home Pay for her first check will be = Gross pay - Rhonda's Reduction for Social Security - Rhonda' Reduction for Medicare

Rhonda's Take-home Pay for her first check will be = $1,144 - $70.928 - $16.588

Rhonda's Take-home Pay for her first check will be = $1,056.484

7 0
3 years ago
Pie Co. uses the installment sales method to recognize revenue. Customers pay the installment notes in 24 equal monthly amounts,
Nataliya [291]

Answer:

C. The present value of the remaining monthly payments discounted at 12%.

Explanation:

To answer the question I have used following values to workout

Original Sales Value = 500,000

Interest rate  = 12%

Numbers of periods = 24

First I calculate the Equal annual installment payment by using following excel formula

=PMT(rate,nper,pv,[fv],[type])

Where

PMT = Equal Annual Payment

rate = Interst rate = 12%/12 = 1%

nper = Tota numbers of payment = 24 payments

pv = oroginal sales value = 500,000

FV = Value outstanding after 24 payments = 0

Type = The payment made at the start or end of the year ( 0 for the payment made at the end of the period and 1 for the payment made at the beginning of the period ) = 0

placing values in the formula

=PMT(1%,24,50,000,0,0)

= $23,536.74  

Now use these values to make the schedule which is attached with this answer.

After six Payment

Outstanding value = 385,961.72  

Original sales price = 500,000

Percentage of outstanding balance to original sales value = 385,961.72 / 500,000 = 0.77 = 77%

The reamining balance is above 75% of the original sales price.

Note:

A payment schedule is attached for reference

Download pdf
3 0
3 years ago
Barton Industries has operating income for the year of $3,700,000 and a 25% tax rate. Its total invested capital is $18,000,000
rusak2 [61]

Answer:

1,875,000 Economic Value Added

Explanation:

Net Operating Profit After Taxes  - Invested Capital x Weighted Average Cost of Capital = Economic Value added

This represent the return on the shareholders after their investment return is paid. It is the value generated from the investent resources.

3,700,000 x ( 1- 0.25 ) = 2,775,000 Operating Income after taxes

18,000,000 x 5% =         (900,000)  Required Return

                                        1,875,000 Economic Value Added

4 0
3 years ago
Which of the following best describes an economic system?
Marina CMI [18]
System revolving around the production, distribution, and consumption of goods and services. 

An economic system encompasses all of the production, distribution, and consumption within a society of goods and services. This definition is the most inclusive and holistic, whereas the other definitions describe part of an economic system, or another aspect of our socio-political and economic structures. 
7 0
3 years ago
Read 2 more answers
An individual who thinks technology’s role in the workplace is always good is sometimes called a(n)​
WINSTONCH [101]

Answer: utopian

Explanation:

An utopian is an individual who thinks technology’s role in the workplace is always good. An utopian simply wants everything to be perfect and believes that technology plays a vital role in the organization.

The utopian believes that technology can help speed up efficiency at workplace and increase output.

6 0
3 years ago
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