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2 years ago

Exporting products overseas is an example of ________.

1 answer:

6 0

Exporting products overseas is an example of a convertible trade fair trade. Thus, the correct option is A). a convertible trade fair trade.

<h3>What does the term export mean?</h3>

Export refers to the production of goods and services in one country but sold to a buyer abroad or in another country. It is the oldest forms of economic transfer of goods and services between different countries.

Export is the economic activity of exporting or selling the goods to the another country or across the border of a country.

Basically, exports lead to increased investment, technological advancement and market expansion which contribute to the economic growth.

Learn more about exports here:-

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What is speculative risk?

Stels [109]

Answer:

A speculative risk is uncertain degree of gain or loss. Every speculative risk are made as conscious choices and are not just a result of uncontrollable circumstances.

Explanation:

It's basically a conscious choice you made!

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3 years ago

Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has esti

xeze [42]

Answer:

By using the EOQ model, ray should order 22.8 units or 23 units each time

Explanation:

Solution

Recall that:

Ray annual estimated demand for this model is = 1,050 units

The cost of one unit carry is =$105

He estimated each order costs to place = $26

Now,

The EOQ model= (2*annual demand*ordering cost/holding cost per unit per year)^.5

Thus,

EOQ = (2*1050*26/105)^.5

EOQ = 22.8 units or 23 units

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4 years ago

Luma Inc. has provided the following data concerning one of the products in its standard cost system.Col1 Inputs Direct material

polet [3.4K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Standard cost= 6.90 per ounce

Standard quantity= 4.8 ounces per unit

Actual output 2,100units

Actual price of raw materials $7.80 per ounce

Actual cost of raw materials purchased $81,900

Raw materials used in production 10,090 ounces.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.9 - 7.8)*10,090= $9,081 unfavorable

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3 years ago

The total value of all final goods and services produced in a given year, calculated using the prices of a selected base year, i

vodomira [7]

Answer:

real GDP.

Explanation:

GDP is defined as the monetary value of all goods and services produced in an economy within a give time period. It is a measure of how productive an economy is.

Real GDP considers market prices of commodities in relation to a base year.

For example if 2012 is considered to be the base year for real GDP this year, all goods and services are multiplied by the prices as at 2012 to get the monetary value of goods and services for the present year.

Base year prices are referred to as constant prices when calculating real GDP.

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3 years ago

A company performs $10,000 of services and issues an invoice to the customer using the accrual method what’s the correct entry t

guajiro [1.7K]

Based on the accrual method, the correct entry for $10,000 worth of services would be a debit to accounts receivable for $10,000 and a credit to Sales revenue for $10,000.

<h3>Why is this the correct entry?</h3><h3 />

The company has performed a certain service for a customer and hasn't been paid for it. The customer therefore owes the company which makes them an account receivable.

The $10,000 will be considered revenue by the company so they will credit the revenue account. Accounts Receivables are assets so this account will be debited.

Find out more on accounts receivables at brainly.com/question/24871345.

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2 years ago