1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nekit [7.7K]
3 years ago
14

Explain the difference between imports and exports.

Business
1 answer:
insens350 [35]3 years ago
8 0

Answer:

B. Exports are the goods and services a nation produces and sells to other nations; imports are the goods and services a nation buys from other nations

Explanation:

You might be interested in
Managerial accounting is an activity that helps managers determine costs of products and services, plan future activities, and c
Elenna [48]

Answer:

True.

Explanation:

Managerial accounting involves managers using accounting information to better inform themselves before making business decisions. It involves analysing, interpreting and communicating financial data to managers to aid in achievement of organisation's goals.

Managerial accounting is for internal use in the business. Data is modified to meet specific need of the end-user. For example a manager may want to see sales figures for a quarter compared to business target. This will give an idea if the business is meeting it's objectives.

4 0
3 years ago
1. Put the steps for creating a Trial Balance in the correct order.
Setler [38]
C.prepare a list of ledger accounts used in the business
b.balance the ledger accounts
a.total the debit column of the trial balance and then total the credit column of the trial balance
d.transfer.the ledger accounts To a trial balance or list the balance account. if the ledger account shows a debit,balance the debit side of the trial balance.if the ledger account shows a credit,balance the credit side of the trial balance.
8 0
3 years ago
If a monopolist or a perfectly competitive firm is producing at a break-even point, then:
Klio2033 [76]
If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.

This basically means that they are operating at a level where the amount which they produce relates to the amount they spend. 
4 0
3 years ago
Predatory pricing refers to a. All of the above are examples of predatory pricing. b. a firm selling certain products together r
mina [271]

Answer:

d. a monopoly firm reducing its price in an attempt to maintain its monopoly.

Explanation:

In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.

8 0
3 years ago
The Morris Corporation has $300,000 of debt outstanding, and it pays an interest rate of 8% annually. Morris's annual sales are
Ad libitum [116K]

Answer: 1.41

Explanation:

Given that,

Debt outstanding = $300,000

interest rate = 8% annually

annual sales = $1.5 million

average tax rate = 40%

net profit margin on sales = 4%

interest amount = 300,000 × 0.08

                          = $24,000

net profit = 4% of 1.5 million

                = $6,000

Profit before tax = \frac{6,000}{0.60}

                           = $10,000

earning before interest and tax = profit before tax + interest

                                                    = $10,000 + $24,000

                                                    = $34,000

TIE ratio = \frac{EBIT}{Interest}

              = \frac{34,000}{24,000}

              = 1.41

8 0
3 years ago
Other questions:
  • Which of the following practices will lead to sustained, superior performance in organizations?A. limiting the decision-making a
    9·1 answer
  • On October 5, Loomis Company buys merchandise on account from Brooke Company. The selling price of the goods is $5,000, and the
    7·1 answer
  • Expected volume of production ​50,000 units Actual volume of production ​47,500 units Budgeted fixed overhead​ costs(for 50,000
    9·1 answer
  • Which of the following is a difference between common stock and bonds? Select one: a) Stocks have a stated maturity but bonds do
    13·1 answer
  • Ella makes minimum wage. Her job title is "System Assembly Supervisor." She primarily spends her workday putting together electr
    9·1 answer
  • You are considering purchasing stock S. This stock has an expected return of 12 percent if the economy booms, 8 percent if the e
    5·1 answer
  • At an activity level of 8,400 units in a month, Braughton Corporation’s total variable maintenance and repair cost is $697,284 a
    13·1 answer
  • For March, sales revenue is $1,000,000, sales commissions are 5% of sales, the sales manager's salary is $80,000, advertising ex
    13·1 answer
  • What is a protein that is waterproof?
    10·2 answers
  • Private saving equals ____; public saving equals ______; national saving equals ____. Group of answer choices 800; 200; 600 800;
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!