Which of the following is NOT be a warning sign of a scam when buying a car or other big purchases?

stiks02 [169]

Answer:

The account that includes transactions like imports and exports, income earned by Americans abroad, and net transfers to other countries.

Explanation:

A current account can be defined as an account that record the different transactions a country carries out with another country. A current account comprises of net primary income, earnings from foreign investors that have occurred within a particular period of time.

Almost all countries are involved in trading of goods and services with another country, a current account helps to evaluate the manner in which a particular country traded their different goods with foreign markets.There tends to be a postive balance of a country exports more goods than it imports.

4 0

3 years ago

MaltHanks Inc., a leading American firm, starts its operations in China. It incurs a lot of additional costs in comparison to th

asambeis [7]

Answer: Liability of foreignness

Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.

In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.

Thus, from the above we can conclude that Malt hanks faced liability of foreignness.

5 0

3 years ago

The market risk premium is 9.0%, and the risk-free rate is 5.0%. If the expected return on a bond is 9.5%, what is its beta?

leva [86]

Answer:

The beta is 1

Explanation:

The computation of beta using the CAPM model is shown below:

As we know that

Expected rate of return = Risk free rate of return + Beta × Market risk premium

9.5% = 5% + Beta × 9.0%

9.5% - 5% = Beta × 9.0%

9.0% = Beta × 9.0%

So, the beta is 1

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

Consider the following information pertaining to OldWest's inventory:

kipiarov [429]

Answer:

$2,664

Explanation:

Generally Acceptable Accounting Principles requires that the closing inventory should be valued at lower of cost and Net realizable value.

Product Quantity Total Cost Total Net Realizable Value

Revolvers 13 $126 $155

Spurs 22 $32 $27

Hats 9 $58 $48

Choosing Which one is lower for each product

Product Quantity Rate Total Value

Revolvers 13 $126 $1,638

Spurs 22 $27 $ 594

Hats 9 $48 $432

Total Closing Inventory Value = $1,638 + $594 + $432 = $2664

4 0

3 years ago

You have just won the multi-state lottery jackpot of $500,000,000! you have the option of receiving a check for $25,000,000 ever

tekilochka [14]

(10,000,000) / (20) = 500,000

(10,000,000) * (0.069) = 690,000 in taxes.

So (10,000,000) - (690,000) = 9,310,000 in a lump sum.

In 20 payments it would be $500,000 minus the taxes.

($500,000) - [(690,000)/(20)]

($500,000) - [$34,500] = $465,500

One lump sum would be $9,310,00. If they don't charge you taxes if you get the 20 payments per year, you would get $500,000. If you're charged taxes you'd get $465,500 per year.

6 0

3 years ago