The answer is True because it depends on both
Answer:
Discount = $420
Explanation:
Inventory purchased = $22000
Defective inventory = $ 1000
to find out
amount of the purchase discount that would be available to the company is
solution
we know Inventory purchased = $22000
and return is $1000
so Net Purchases = $22000 - $1000
Net Purchases = $21000
so
discount claim for $21000 is 2%
Discount = 2% of $21000
Discount = $420
Answer:
trade deficit
Explanation:
From the question, we are informed about Snowland and Pledza are neighboring countries. Pledza imports more products than it exports. Over the last decade, Pledza imports from Snowland have been rapidly increasing but not fast enough to offset the exports to Snowland. In this case we can say about Pledza has a trade deficit. trade deficit also known as "negative balance of trade" can be described as a method to measure international trade. It can be regarded as the amount by which cost spent on the imports in a country exceeds the cost of exports. We can calculate trade deficit by finding the difference in value of exports of country and its imports.
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