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2 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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GoodBuy sells gift cards redeemable for GoodBuy products either in store or online. During 2018, GoodBuy sold $960,000 of gift c

balu736 [363]

Answer:

$849,000 gift card revenue should GoodBuy recognize in 2018

Explanation:

gift cards revenue of GoodBuy recognized in 2018

= gift cards redeemed + remaining gift cards

= $810,000 + $39,000

= $849,000

Therefore, $849,000 gift card revenue should GoodBuy recognize in 2018

3 0

2 years ago

The list provided by the International Trade Administration to a potential exporter with the names and addresses of potential di

Marta_Voda [28]

Answer: Best prospects list

Explanation: The best prospects list is usually issued to potential exporters by the International Trade Organization which serves functions such as facilitating trade operations between countries by eliminating several trading issues such as negotiating and reducing trade tariff, regulating restrictive policies and also providing useful information necessary for successful trading to traders.

The provision of best prospects list offers firsthand information to potential traders about available and certified markets and distributor information which could facilitate ease of trading.

4 0

2 years ago

The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 10,319 Accounts

garri49 [273]

Answer:

49 days

Explanation:

Account receivable turnover ratio = Net credit sales / Accounts receivable

Account receivable turnover ratio = $602,000 / $79,922

Account receivable turnover ratio = 7.53

Average collection period = 365/7.53

Average collection period = 48.47277556440903

Average collection period = 49

Thus, firm’s sales uncollected for year is 49 days.

8 0

2 years ago

Low-income countries have cultures that value ________

victus00 [196]

Low-income countries have cultures that value economic survival. These type of countries do not have a lot of high paying jobs and the job market is very unstable, so citizens find it imperative to have enough income to survive. These types of countries do not have much in the way of entertainment culture or pop culture, due to people having so little extra money to spend on both.

8 0

2 years ago

Hong invested his savings in two investment funds. The 5000 that he invested in Fund A returned a 3% profit. The amount that he

Snowcat [4.5K]

Answer:

amount invest in B is 2000

Explanation:

given data

invested in Fund A = 5000

return profit A = 3%

return profit B = 10%

both together returned profit = 5%

solution

we consider here amount invest in B = x

so profit from fund B is

profit from fund B = 10% × x = 0.1 x

and

profit from fund A = 5000 × 3% = 150

so total profit = 0.1x + 150

and total profit = 5%

so we can say

5% = $\frac{0.1x+150}{5000+x}$

solve it we get

x = 2000

so amount invest in B is 2000

3 0

2 years ago