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timurjin [86]
3 years ago
13

Do you think trade of goods and services between countries is important?

Business
1 answer:
Sunny_sXe [5.5K]3 years ago
4 0

Answer:

Yes

Explanation:

A country gets a wider market for its goods.

You might be interested in
According to max weber, ideal bureaucracies are characterized by a chain of command in which authority flows from top to bottom.
professor190 [17]
The answer is b. False
6 0
3 years ago
Levelor Company's flexible budget shows $10,710 of overhead at 75% of capacity, which was the operating level achieved during Ma
Salsk061 [2.6K]

Answer:

The correct answer is $473 (Unfavorable).

Explanation:

According to the scenario, the given data are as follows:

Actual overhead = $11,183

Budgeted Overhead = $10,710

So, we can calculate the controllable variance by using following formula:

Controllable variance  = Actual overhead - Budgeted overhead

By putting the value, we get

Controllable variance  = $11,183 - $10,710

= $473 ( Positive shows unfavorable)

= $473 (unfavorable)

3 0
3 years ago
A company has a net cash inflow from operating activities of $793,000, a net cash outflow of $58,000 from investing activities a
IRINA_888 [86]

Answer:

Incorrect Statement about the Statement of Cash Flows:

c. The cash dividends of $201,000 paid will be reported as a cash outflow in the cash flow from investing activities section.

Explanation:

Cash dividends of $201,000 will be reported as a cash outflow in the financing activities section and not the investing activities section.

Statement of Cash Flows is broadly divided into three, the operating, investing, and financing activities sections.  The operating activities section show the cash flows from the normal business of the enterprise.  The investing activities section shows the acquisition and disposal of investments made by the company in cash.  While, the financing section shows the inflow and outflow of cash resulting from the funding of the business by stockholders and noncurrent creditors.

4 0
3 years ago
Apr. 2 Purchased $6,900 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shippin
ziro4ka [17]

Answer:

Apr. 2

Merchandise $6,900 (debit)

Accounts Payable : Lyon Company $6,900 (credit)

<em>Purchased Merchandise from Lyon Company on credit</em>

April 3.

Accounts Payable : Lyon Company $390 (debit)

Cash $390 (credit)

<em>Payment of Freight Charges Include in Invoice (FOB)</em>

April 4.

Accounts Payable : Lyon Company $500 (debit)

Merchandise $500 (credit)

<em>Returned Merchandise to Lyon Company</em>

April 17.

Accounts Payable : Lyon Company $6,010 (debit)

Discount Received $120 (credit)

Cash $5,890 (credit)

<em>Payment of amount due to Lyon Company and discount received</em>

April 18.

Merchandise $13,100  (debit)

Accounts Payable: Frist Corp $13,100  (credit)

<em>Purchased Merchandise on credit from Frist Corp</em>

April 2.

Accounts Payable: Frist Corp $400  (debit)

Purchase allowance $400 (credit)

<em>Received and allowance from Frist Corp</em>

April 28.

Accounts Payable: Frist Corp $12,700 (debit)

Discount Received $127 (credit)

Cash $12,573 (credit)

<em>Payment of amount due to Frist Corp and discount received</em>

Explanation:

See the journals and their narrations prepared above.

7 0
3 years ago
The American Red Cross creates advertisements to encourage people to donate blood. After viewing one, Amanda decided to donate a
mestny [16]

Yes, because the donated blood was exchanged for a feeling of satisfaction

<h3><u>Explanation:</u></h3>

Any organization needs advertising as a major part of making their goods and services move towards consumers. Advertising refers to the act of drawing the attention of people in getting a product or service. A good advertising results in making the consumers purchase that particular product or service or doing certain actions that are being advertised.

In the given example, The American Red cross advertises for making people donate blood. After viewing the ad, Amanda decided to donate her blood. From the given statement, it is concluded that, there is a marketing sense as the donated blood was exchanged for a feeling of satisfaction.

3 0
3 years ago
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