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3 years ago

"_____ is selling domestically produced products to customers in foreign countries."

1 answer:

6 0

Exporting is selling domestically produced products to customers in foreign countries.

Often times, companies export their goods to give more opportunity to gain customers, make a profit and expand their resources. There are also many items that a country imports because of another exporting. In America, we have a lot of items from China that are imported from their exports. Sometimes these items may be priced a little higher depending where you are due to export and import taxes and fees.

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Pasadena Candle Inc. projected sales of 37,000 candles for January. The estimated January 1 inventory is 1,900 units, and the de

Vsevolod [243]

Answer:

Explanation:

The preparation of the production budget report in units for Pasadena Candle Inc. is shown below:

Projected sales 37,000

Add: Desired January 31 inventory 4,000

Available units 41,000

Less: Estimated January 1 inventory -$1,900

Units produced $39,100

6 0

3 years ago

Nathan bought 200 shares of stock at $40 per share ($8,000 total). He paid $5,000 in cash and borrowed $3,000 from the brokerage

yan [13]

If Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose <u>$650</u>.

<h3>What is buying on margin?</h3>

Buying on margin is a situation when an investor buys an asset by <u>borrowing the balance </u>from the brokerage firm.

With buying on margin, the investor pays part of the investment cost while the remaining is met by the broker.

<h3>Data and Calculations:</h3>

Cost of 200 shares at $40 per share = $8,000

Investor's cash = $5,000

Margin purchase = $3,000

Interest rate = 6%

Interest amount = $90 ($3,000 x 6% x 1/2)

Commission = $160

Total amount spent = $8,250 ($8,000 + $90 + $160)

Total amount realized from sale = $7,600 ($38 x 200)

Loss from sale = $650 ($7,600 - $8,250)

Thus, if Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose <u>$650</u>.

Learn more about margin accounts at brainly.com/question/17328883

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5 0

2 years ago

Balance Sheet Jack and Jill Corporation's year-end 2009 balance sheet lists current assets of $245,000, fixed assets of $795,000

777dan777 [17]

Answer:

$554,000

Explanation:

Accounting Equation is;

Total Assets=Total liabilities+ Total Stockholders' Equity

$245,000+$795,000=$191,000+$295,000+ Total Stockholders' equity

Total Stockholders' equity =$245,000+$795,000-$191,000-$295,000

Total Stockholders' equity=$554,000

8 0

2 years ago

An explanation for the slope of the LM curve is that as:

adoni [48]

Answer:

The correct answer is letter "C": Income rises, money demand rises, and a higher interest rate is required .

Explanation:

The Liquidity Preference-Money Supply (<em>LM</em>) shows the relationship between real output and interest rates. According to this approach, the slope of the LM is positive when an increase in interest rates pushes the increase in income. The money supply and demand must be equal for that purpose which implies the demand for money will have to increase as well. Thus, for the LM curve to be positive the interest rates, income, and demand for money must be higher.

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3 years ago

A loan for $100,000 is fully amortized over 25 years with payments of $772 per month, including interest of 8% per annum. the fi

Ilya [14]

I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS

6 0

3 years ago