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faltersainse [42]
3 years ago
6

"The United States feels that it has become too dependent on oil from Saudi Arabia, so it places a limit on the amount of oil th

at is imported from Saudi Arabia. This is an example of a(n)"
Business
1 answer:
MAVERICK [17]3 years ago
8 0

Answer: Quota

Explanation:

Quotas are a way of limiting the imports that a country receives. It works by placing a limit on the amount of a certain good coming into the country within a certain period of time. After the required quantity is reached, the country stops imports of that good until the next period.

The United States learnt a sharp lesson in oil dependence when in 973, Arab countries placed an embargo on the United States for supporting Israel and this caused economic crises.

Placing a quota on the amount of oil it can get from Saudi Arabia will help it reduce the chances of such an event occurring again.

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Discounting cash flows involves
Triss [41]

Answer:

The correct answer is letter "D": discounting all expected future cash flows to reflect the time value of money.

Explanation:

Discounting cash flows takes place at any moment given when money is paid at one date but is received at a different point. Discounted cash flows are useful to measure the difference between the present value of money and the receivables that are expected to come at a later stage.

6 0
3 years ago
Joe is hired by a real estate company to complete a roofing job on one of their projects. The job is very specialized, he is und
IceJOKER [234]

Options:

Yes, Joe is an agent who has that authority.

No, Joe is an employee, but the employee does not have that authority.It depends whether Joe signed a written contract for his employment.

Yes, Joe is an employee.

No, not unless he possesses authority from the principal because Joe is an independent contractor.

Answer:No, not unless he possesses authority from the principal because Joe is an independent contractor

Explanation: An independent contractor is a third party engaged by a principal to transact certain specific jobs or accomplish a certain task on his behalf. An independent contractor does not have any power or authority to represent his or her principal especially when he or she is not authorized to do that on behalf of the principal.

JOE DOESN'T HAVE THE POWER OR AUTHORITY TO ENTER INTO ANY CONTRACT OR AGREEMENT WITH ANOTHER ENTITY FOR HIS PRINCIPAL EXCEPT WHEN GIVEN THE AUTHORITY TO DO SO.

4 0
3 years ago
Which of the following asset accounts is increased when a receivable is collected? a.Accounts Payable b.Supplies c.Cash d.Accoun
Nikitich [7]

Answer:

(C) Cash

Explanation:

Receivables means deptors. These are obligations that has been honoured and value given, but you're yet to get cash. Receivables are seen as such. So the things you've given value to and you're yet to receive cash or payment for are receivables.

So when receivables are collected, then the asset account Cash is increased.

On the Delivery of goods or Services, the company debits Accounts Receivable and credits what is known as Sales Revenues or Service Revenues. When an account receivable is collected say 30 days later, the account receivables is reduced and the Cash or bank account is increased.

7 0
4 years ago
For the past 25 years, sam's family ran movie theatres in a mid-sized metropolitan area. four theatres were located in three dif
Scilla [17]
After reading the segment, "let's go to the movies," in the spotlight on small business box, you would suggest to Sam that he differentiate the offering by transforming at least one of the screens into a space where patrons can experience dinner and a movie.



3 0
4 years ago
When a firm doubles its inputs and finds that its output has more than doubled, this is known as: select one:
jek_recluse [69]
<span>When a firm doubles its inputs and finds that its output has more than doubled, this is known as economies of scale. When a business has reached economies of scale, that means there is an equal amount saved in costs by increasing the production amount. The more you produce the lower the cost is to produce those items and the more amounts of items you have to sell. 

</span>
7 0
3 years ago
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