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
Aloiza [94]
3 years ago
8

Based on the following​ information, what is the balance on the current​ account? Exports of goods and services​ = $12 billion I

mports of goods and​ services= $14 billion Net income on investments​ = minus​$4 billion Net transfers​ = minus​$1 billion Increase in foreign holdings of assets in the United States​ = $6 billion Increase in U.S. holdings of assets in foreign countries​ = $3 billion A. minus​$7 billion B. minus​$3 billion C. minus​$2 billion D. ​$1 billion
Business
2 answers:
Butoxors [25]3 years ago
6 0

Answer: The answer is A. -$7billion

Explanation:

From the question above, we have the following parameters:

Exports of goods and services=$12 billion

Imports of goods and services=$14 billion

Net income on investments= -$4 billion

Net transfers= -$1 billion

Increase in foreign holdings of assets in the United States= $6 billion

Increase in U.S. holdings of assets in foreign countries= $3 billion

The formula for calculating Current Account Balance is given as:

CAB = (X - M) + NY + NCT

Where

CAB = current account balance

X = export

M = import

NY = net income from abroad

NCT = net current transfers

Therefore, we have:

CAB = (12 - 14) - 1 - 4 = - $7 billion.

Therefore, our answer is A.

Delicious77 [7]3 years ago
4 0

Answer:

-$7billion

Explanation:

Given that

Exports of goods and services=$12 billion

Imports of goods and services=$14 billion

Net income on investments= -$4 billion

Net transfers= -$1 billion

Increase in foreign holdings of assets in the United States= $6 billion

Increase in U.S. holdings of assets in foreign countries= $3 billion

Recall that

CAB = (X - M) + NY + NCT

Where

X = export

M = import

CAB = current account balance

NY = net income from abroad

NCT = net current transfers

Therefore

CAB = (12 - 14) - 1 - 4

= - $7 billion

You might be interested in
Sheridan Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras 113 units at a co
ICE Princess25 [194]

Answer:

Ending inventory is <u>$24,917</u>.

Explanation:

Lower-of-cost-or-net realizable value method implies that whichever is lower between the cost per unit and the net realizable value per unit is used to value the ending inventory of an item.

The ending inventory can therefore be determined as follows:

<u>For Cameras:</u>

Units = 113

Cost per unit = $61

net realizable value per unit = $74

We choose cost per unit since it is lower and we have:

Cameras ending inventory = 113 * $61 = $6,893

<u>For Blu-ray players:</u>

Units = 153

Cost per unit = $77

net realizable value per unit = $50

We choose net realizable value per unit since it is lower and we have:

Blu-ray players ending inventory = 153 * $50 = $7,650

<u>For iPods:</u>

Units = 133

Cost per unit = $86

net realizable value per unit = $78

We choose net realizable value per unit since it is lower and we have:

iPods ending inventory = 133 * $78 = $10,374

<u>Calculation of ending inventory:</u>

Ending inventory = Cameras ending inventory + Blu-ray players ending inventory + iPods ending inventory = $6,893 + $7,650 + $10,374 = $24,917

8 0
2 years ago
Davis Florist has two employees, Anita and Jerome, and two tasks that need to be completed, floral arrangements and floral deliv
OlgaM077 [116]

Answer:

Davis Florist

a. (Anita, Jerome) __Jerome____ absolute advantage in floral arrangements. __Jerome____ (Anita, Jerome) has an absolute advantage in deliveries.

b. Anita’s opportunity cost of making one floral arrangement is ___0.75__

( 1.33, 0.75, .33, 3) deliveries. Anita’s opportunity cost of making one delivery is __1.33_ (1.33, 0.75, .33, 3) floral arrangements.

c. Jerome’s opportunity cost of making one floral arrangement is ___0.33__(.75,3,1.33..33) deliveries. Jerome’s opportunity cost of making one delivery is 3 (3, 1.33, .75, .33) floral arrangements.

d. (Jerome, Anita)_Jerome____ has a comparative advantage in floral arrangements. (Jerome, Anita)__Anita___ has a comparative advantage in deliveries.

e. Suppose that, initially, both Jerome and Anita spend four hours each day doing floral arrangements and two hours each day doing deliveries. Now suppose they change their tasks, so that each individual does nothing but the task in which she or he has a comparative advantage. How many more floral arrangements and deliveries could they produce each day?

____4_____ additional floral arrangements

____5____ additional deliveries

Explanation:

a) Data and Calculations:

Time it takes Anita to finish one floral arrangement = 30 minutes

Time it takes Anita to make a delivery = 40 minutes

Time it takes Jerome to finish one floral arrangement = 10 minutes

Time it takes Jerome to make a delivery = 30 minutes

b) Absolute Advantage: Jerome will finish 3 floral arrangements (30/10), whereas Anita can only finish 1 in 30 minutes.

c) Anita's opportunity cost is the time it will take her to make a delivery using the same time it takes her to finish one floral arrangement.  In 30 minutes time, she can only make (30/40) 0.75 deliveries.  Using 40 minutes of making a delivery, she can finish 1.33 (40/30) floral arrangements.

d) Anita's comparative advantage in making deliveries is based on her opportunity cost when compared with Jerome's opportunity cost of making deliveries.

                                          Floral            Delivery      Total hours

                                    Arrangement

e) Total time spent by

   Anita                                4 hrs              2 hrs          6 hrs

   Jerome                            4 hrs              2 hrs          6 hrs

                                                        Anita                  Jerome      Total

Number of floral arrangements     8 (240/30)        24 (240/10)   32

Number of deliveries                      3 (120/40)           4 (120/30)     7

                                                         Anita                  Jerome

Number of floral arrangements       0                       36 (360/10)  36

Number of deliveries                        12 (360/30)        0                 12

4 0
3 years ago
Lyle’s manager just handed him a list of goals for the year. Because Lyle had no say in setting these goals, he isn’t sure that
abruzzese [7]

Answer: Goal acceptance

Explanation:

Most times in organizations, it is the people in leadership positions who set and manage goals for the employees and it is rare for staff to be part of the goal setting process,

Such employees are sometimes not sure of what to do and how to achieve the goals. Such employees are not in charge of their own responsibilities. Employee goal acceptance is when employees are just part of the process when making decisions even though the goals are set by the management.

6 0
3 years ago
Read 2 more answers
Printers today have many features that include improved quality, photo printing capabilities, digital camera connectivity, built
iVinArrow [24]

Answer:

A printer is a device that accepts text and graphic output from a computer and transfers the information to paper, usually to standard size sheets of paper. Printers vary in size, sophistication, speed, and cost. In general, more expensive printers are used for higher-resolution color printing.

Printers today have many features that include improved quality, photo printing capabilities, digital camera connectivity, built-in flash memory card readers, wireless connectivity, and faster speed.  

The Six important printer qualities are:

  1. Color: It is important for users who need to print pages for presentations or maps, photos and other pages where color is part of the information. Color printers can also be set to print only in black-and-white. Color printers are more expensive to operate since they use two ink cartridges (one color and one black ink, toner) that need to be replaced after a certain number of pages. Users who don't have a specific need for color and who print a lot of pages will find a black-and-white printer cheaper to operate.  
  2. Resolution: Printer resolution (the sharpness of text and images on paper) is usually measured in dots per inch (dpi). Most inexpensive printers provide sufficient resolution for most purposes at 600 dpi.
  3. Speed: If you do much printing, the speed of the printer becomes important. Inexpensive printers print only about 3 to 6 sheets per minute. Color printing is slower. More expensive printers are much faster.
  4. Memory: Most printers come with a small amount of memory (for example, one megabyte) that can be expanded by the user. Having more than the minimum amount of memory is helpful and faster when printing out pages with large images or tables with lines around them (which the printer treats as a large image).
  5. Wireless connectivity : Specialized printer nowadays have wireless connectivity which allows user to communicate with the machine without physical operation. Like one can just give command to the printer to print their projects using their mobile phone while sitting on the couch. This feature might add extra bucks to the bill but its worth it.
  6. Printer languages The commands from the computer to the printer to tell the printer how to format the document being printed. These commands manage font size, graphics, compression of data sent to the printer, color, etc. The two most popular printer languages are Postscript and Printer Control Language.

Conclusively the best printer will be the one which will provide pleasant color contrast, good resolution, enough memory, wireless connectivity and have better language settings.

3 0
3 years ago
A form of comparative analysis where customers show their opinions of another firm’s strengths vis-?-vis their competitors is a
Bezzdna [24]
The answer to this question is the term perceptual map. A pepceptual mapping is a technique used by marketers to visually map the customer's and possible customer's perception to a product versus to its competitor into a diagram. Perceptual mapping is also known as market maps. In perceptual mapping it also an analysis where the customers shows about an opinions of the competitors strenghts over them.
3 0
3 years ago
Other questions:
  • 10. In earned value analysis (EVA), we found: SV = -$7,800 at certain point. If the project has a total budget = $65,000 and tot
    7·1 answer
  • Market segmentation involves aggregating prospective buyers into groups that __________ and will respond similarly to a marketin
    14·1 answer
  • Question 2--/1 View Policies Current Attempt in Progress This information relates to Cullumber Co.. 1. On April 5, purchased mer
    6·1 answer
  • Purshed discounts based on total purches over a period of time are what discounts
    9·1 answer
  • Your company builds cars in Texas. You purchase metal from a company in Wisconsin. You are part of the _________ segment of the
    15·1 answer
  • Kelly Malone plans to have $51 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, co
    14·1 answer
  • Burns Corporation's net income last year was $98,300. Changes in the company's balance sheet accounts for the year appear below:
    12·1 answer
  • The sales department of a mutual fund firm sets goals for the next fiscal year to sell a certain number of mutual funds each mon
    5·1 answer
  • Ne
    6·1 answer
  • In the current labor market, suppose that the wage rate for accountants is significantly higher than the wage rate for economist
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!