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3 years ago

When the united states sends money to indonesia to help tsunami survivors, in what account is this transaction recorded?

1 answer:

4 0

<span>When sending money to foreign countries to aid in relief efforts this money is recorded in the current account. Simply put, the current account is the area that records the balance of the payments use in the US exports, income on investments and transfers, which is what a relief effort payment would be.</span>

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A manufacturer of cellular phones has decided that an assembly line is operating satisfactorily if less than 6% of the phones m

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The sample of interest is the 30 phones that were sampled and tested from a day's production

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3 years ago

Suppose the National Bureau of Economic Research (NBER) comes out with a report suggesting that the economy will soon dip into r

sweet [91]

Answer:

(D) The cyclical unemployment

Explanation:

Business activity is subject to the comings and goings of private initiative, so the expansion and recession phases of the economy affect the number of unemployed.

<u>Cyclical unemployment</u> increases considerably during times of recession, due to the deterioration of economic conditions; while decreasing in the stages of expansion, due to the improvement of the economy.

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3 years ago

A stock’s price fluctuations are approximately normally distributed with a mean of $29.51 and a standard deviation of $3.87. You

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Answer:

$34.46

Explanation:

In this Question there is Highest value of 10% and the probability of 90%.

we will use following formula to calculate the highest value of the stock

z value = ( x - mean ) / Standard deviation

where

x = the highest value

z score value at 10% = 1.28

Placing value in the formula

1.28 = ( x - $29.51 ) / $3.87

1.28 x $3.87 = x - $29.51

$4.9536 = x - $29.51

x = $4.9536 + $29.51

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3 years ago

Ayayai Corp. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 102 $42 Mar. 14,

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Answer:

Income after tax = $1666

Explanation:

LIFO (Last-In-First-Out) is a method of inventory valuation where the goods that are received last are used first. In other words, the latest stock is used first. This is common for bulky inventory, stacked one on top of another.

In order to obtain the after-tax income, both the gross profit and income before tax are required. To obtain gross profit, we require the cost of goods sold information. The inventory information is as follows:

Feb 1 : Purchases : 102 units x $42 = $4284

Mar 14 : Purchases : 175 units x $44 = $7700

May 1 : Purchases : 124 units x $46 = $5704

288 units were sold

The COGS would be:

124 x $46 = $5704

164 x $44 = $7216

Thus COGS : $5704 + $7216 = $12920

Gross profit : Sales - COGS

Sales : $59 x 288 = $16992

Gross Profit = $16992 - $12920 = $4072

Income before tax : Gross Profit - Expenses

Operating expenses : $1692

Income before tax = $4072 - $1692 = $2380

Income after tax : Income before tax - (tax rate x income before tax)

Tax rate : 30%

Income after tax = $2380 - ($2380 x 30%) = $1666

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3 years ago

What are the things needed to do a work or activity called..

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yesAnswer:

hekpls

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2 years ago

When the united states sends money to indonesia to help tsunami​ survivors, in what account is this transaction​ recorded?

When the united states sends money to indonesia to help tsunami survivors, in what account is this transaction recorded?