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3 years ago

What is importing? HELP FAST PLS THX

Business

2 answers:

emmainna [20.7K]3 years ago

8 0

It's when goods or services is entering in a country from abroad to buy

Eddi Din [679]3 years ago

5 0

Answer:

Importing in the business sense iswwhen foreign goods are brought into a country. Imports don't have to be foreign goods per se, but they have to have been shipped from one nation to another.

In short, importing is when a nation is the recipient of the goods, not the sender.

Exporting is the opposite, when a nation is the sender, not the recipient of goods.

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At December 31, 2021, the financial statements of Hollingsworth Industries included the following:

Degger [83]

Answer:

Basic EPS = $1.34 million

Diluted EPS = $1.23 million

Explanation:

As per the data given in the question,

Share on Jan-1 = 400 million

On Sep 1 Treasury shares = 12 million (36 million × 4 months ÷ 12 months )

No. of shares = 400 - 12 = 388 million

Basic EPS = Net income ÷ number of outstanding shares

= $520 million ÷ 388 million

= $1.34 million

Diluted EPS :

Net income = $520 million

After tax interest saving = $8 (20 million - (40% × 20 million ))

The 20 million is come from

= $520 million ×8%

= 20 million

Adjusted net income = $520 + $8 = $528 million

No. of shares as computed above = 388 million

Bond conversion shares = 40 million

Total share outstanding = 388 + 40 = 428 million

Diluted EPS = $528 million ÷ 428 million

= $1.23

5 0

3 years ago

Accounting Cycle From the following list of steps in the accounting cycle, identify what two steps are missing: Transactions are

Tresset [83]

Answer:

1. Transactions are analyzed and recorded in the journal.

2.Transactions are posted to the ledger.

3. An unadjusted trial balance is prepared.

4. An optional end-of-period spreadsheet is prepared.

5. Adjusting entries are journalized and posted to the ledger.

6. An adjusted trial balance is prepared.

7. Record adjusting Entries

8. Financial statements are prepared.

9. Closing Entries

10. A post-closing trial balance is prepared.

Explanation:

Accounting Cycle From the following list of steps in the accounting cycle, identify what two steps are missing:

1. Transactions are analyzed and recorded in the journal.

2.Transactions are posted to the ledger.

3. An unadjusted trial balance is prepared.

4. An optional end-of-period spreadsheet is prepared.

5. Adjusting entries are journalized and posted to the ledger.

6. An adjusted trial balance is prepared.

7. Record adjusting Entries

8. Financial statements are prepared.

9. Closing Entries

10. A post-closing trial balance is prepared.

7 0

3 years ago

Read 2 more answers

rex co. holds a 30% of the shares of stock in jones, inc. jones reported net income of $60,000 during the period. rex will repor

Citrus2011 [14]

If inc. jones reported net income of $60,000 during the period. rex will report its 30% of the earnings with a credit to earnings from equity method investment in the amount of $18,000.

<h3>Equity method investment</h3>

Since rex. co hold 30 percent of the shares of stock in jones inc which in turn means that jones will report 30% of the earning (net income) which is $18,000 calculated as (30%×$60,000).

The amount of the earnings which is $18,000 will be credited to earning from equity method investment.

Equity method investment=30%×$60,000

Equity method investment=$18,000 (credited)

Therefore If inc. jones reported net income of $60,000 during the period. rex will report its 30% of the earnings with a credit to earnings from equity method investment in the amount of $18,000.

Learn more about Equity method investment here:brainly.com/question/18187746

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2 years ago

Radical innovation often involves open-ended experimentation which can be very time consuming.

cestrela7 [59]

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3 years ago

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Westkost [7]

For this case, what you should remember is the demand curve.
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Answer:
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6 0

3 years ago