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3 years ago

The _____________ is the total value of a nation's exports compared to its imports measured over a specific period of time.

1 answer:

3 0

In this item, we are asked for the term/s that would best fit in the blank to complete the sentence. The difference between the country or nation's exports compared to the imports over a specific period of time is called BALANCE OF TRADE.

This is one of the components of the country's balance of payments. This may also be referred to as the TRADE BALANCE or sometimes INTERNATIONAL TRADE BALANCE.

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The following income statements were drawn from the annual reports of the Denver Company and the Reno Company: Denver* Reno* Net

Lynna [10]

Answer:

1. Gross margin percentage:

For Denver and the Reno is 53% and 27%

2. Return on sales ratio:

For Denver and the Reno is 18% and 10%

Explanation:

1. The formula to compute the gross margin percentage is shown below:

Gross margin percentage = (Gross margin) ÷ (Net sales) × 100

For Denver = ($17,760 ÷ $33,200) × 100 = 53%

For Reno = ($23,850 ÷ $86,900) × 100 = 27%

2. The formula to compute the return-on-sales ratios is shown below:

Return-on-sales ratio = (Net income) ÷ (Net sales) × 100

For Denver = ($6,000 ÷ $33,200) × 100 = 18%

For Reno = ($8,502 ÷ $86,900) × 100 = 10%

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4 years ago

TB MC Qu. 10-143 (Algo) ABC Corporation makes ... ABC Corporation makes a product with the following standard costs: Standard Qu

laiz [17]

Answer:

I yyyyyyyyyyyyyyyyyyyyttyy believe that you are not doing this for you and your sister in law and you have a lot of friends to do

Explanation:shagsvsbdbdissbevegbubtalkingnwbou y isle tab efor ee

4 0

3 years ago

Trumen House, a confectionary manufacturing company, orders its raw materials in bulk from Nesinbon. Nesinbon allows Trumen Hous

Virty [35]

Answer:

(d) Trade credit

Explanation:

Trade credit is a basic instrument for financing development. Exchange credit is the credit stretched out to you by providers who let you purchase now and pay later.

Trade credit is tied in with winning new clients, expanding deals and holding client loyalty.

It's a simple method to ease income, which can help improve an independent company's productivity.

4 0

4 years ago

Which statement best describes a pure market economy?

natulia [17]

C. The decisions made by producers and consumers drive all economic choices.

5 0

3 years ago

Read 2 more answers

The following information was extracted from the 2014 financial statements of Max Company: Income from continuing operations bef

Lera25 [3.4K]

Answer:

c. $110,000

Explanation:

The computation of the amount reported for other expenses and losses is shown below;

= Gross profit - Selling and administrative expenses - Income from continuing operations before income tax

= $900,000 - $320,000 - $470,000

= $110,000

Hence, the option c is correct

8 0

3 years ago