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motikmotik
3 years ago
13

How does a trade deficit occur?

Business
2 answers:
NeTakaya3 years ago
3 0

Answer:

It is an economic condition that occurs when a country is importing more goods than it is exporting.

Explanation:

PilotLPTM [1.2K]3 years ago
3 0

Answer:

It is an economic condition that occurs when a country is importing more goods than it is exporting.

Explanation:

You might be interested in
The total factory overhead for Rowland Company is budgeted for the year at $652,000 and divided into two departments: Fabricatio
vlabodo [156]

Answer:

$86

Explanation:

The total overhead for Rowland Co. = $652,000 per annum (p/a). broken down across two departments as follows:

Department/Item                     (Treadmill)      ||     (Weight Machine)

                                                    (Direct labor hours in production)      Total

Fabrication = $460,000 p/a            3              ||                 2

Assembly = $192,000 p/a                1              ||                 5

Nos of Units for production            4000          ||              4000

To produce 4000 Weight Machines, would require 8000 fabrication hours and 20,000 assembly hours. while, 4000 treadmills will require 12,000 fabrication hours and 4,000 assembly hours.

Total number of Fabrication hours for the year is 12,000 + 8,000 = 20,000.

Total number of assembly hours for the year is 20,000 + 4,000 = 24,000

Unit cost per hour of fabrication (uF) = $460,000/20,000 = $23

Unit cost per hour of assembly (uA) = $192,000/24,000 = $8

Therefore, the allocated overhead per unit for each weight machine

= (2 * $23) + (5 * $8) = $46 + $40 = $86

3 0
3 years ago
The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its n
salantis [7]

Answer: $12,500,000

Explanation:

Sales = $24,000,000

Less: Operating cost = $9,000,000

Less,l: Depreciation = $5,000,000

Earning before interest and tax = $10,000,000

Less: Tax at 25% EBIT = $2,500,000

Net income before interest = $7,500,000

Add: Depreciation = $5,000,000

Operating cashflow = $12,500,000

6 0
2 years ago
Stock A has an expected return of 10% and a standard deviation of 20%. Stock B has an expected return of 13% and a standard devi
Nina [5.8K]

Answer:

Expected Portfolio return = 0.5(10)+0.5(13)= 5+6.5=11.5%

Expected Portfolio SD= 0.5(20)+0.5(30)= 25%

Beta of A, 10= 5+B(6)

5=6B

B= 5/6= 0.833

B of B, 13=5+B(6)

8=6B

B=8/6

B=1.33

b. Portfolio AB's standard deviation is 25%

c. Stock A's beta is 0.8333

These two statements are correct

Explanation:

3 0
3 years ago
Because of a defect discovered in its seat belts in December Year 1, an automobile manufacturer believes it is probable that it
Anna [14]

Answer:

Contingent liabilities refer to those obligations which might arise in the near future based upon the happening or non happening of a certain event and it's outcome.

Such liabilities are recorded if there is likeliness of an event happening and when they can be reasonably quantified and estimated.

In the given case, the automobile manufacturer will probably be required to recall it's products. The amount can be estimated.

In such cases, such expense is to be recognized in the income statement and at the same time a liability for such expenses needs to be created in the balance sheet. Product recall refers to replacement of defective products by the manufacturer. It is similar to a warranty.

Reporting on Dec 31 would be as follows,

Warranty Expense A/C                             Dr. $2.5

    To Warranty Liability                                            $2.5

(being product recall liability for for 2.5 million created)  

4 0
3 years ago
Your company will generate $65,000 in annual revenue each year for the next seven years from a new information database. If the
Murrr4er [49]

The Present Value is  $335,539.75

This is a form of an annuity. The present value of an ordinary annuity can be computed as follows -

PV = A * 1 - 1 / (1 + r)n / r

where

A = annual revenue or annuity,

r = rate of interest,

n = no. of years

PV = 65000 * 1 - frac 1 / (1+0.0825)^7 / 0.0825 = 335,539.746942

or, Present value = $335,539.75

Also known as Recurring Revenue. Revenue that flows in at regular intervals during the year – typically, on a monthly basis.

Learn more about Recurring Revenue here: brainly.com/question/14317614

#SPJ4

3 0
2 years ago
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