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aalyn [17]
3 years ago
13

What is the best answer choice

Business
1 answer:
Scrat [10]3 years ago
3 0
The answer to that would be B.
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Categorize each transaction according to the U.S. account to which it belongs and the direction the money flows.
Shalnov [3]

Answer:

1. An Australian company buys steel from a US Firm

Account: Current Account

Direction of Flow: Payment to foreigners

2. The federal reserve buys $252 billion worth euros

Account: Financial Account

Direction of Flow: Payment to foreigner

3. Profit earned by a US based mining company operating in Mexico  

Account: Current account

Direction of Flow: Payment from foreigners

4. An English company buy a US confectionary manufacturer

Account: Financial Account

Direction of Flow: Payment from Foreigners

3 0
3 years ago
Draft an email to be sent to all of your colleagues announcing the transition to a formal on-boarding process for all new employ
Misha Larkins [42]

There will be a formal on-boarding process for all new employee so as to learn the  structure and culture of the organization for a standardized process.

<h3>Why is the onboarding process  is necessary for new employees?</h3>

"Onboarding  processes is required in an organization so as to help the new employee to be able to be fully integrated into the organization.

This will help to prevent or get rid of complaints of the customer about employee not knowing the culture and way of doing things in the organization.

learn more about Onboarding at brainly.com/question/24448358

#SPJ1

6 0
2 years ago
On the advice of the city attorney, a City Jail Debt Service Fund is opened to account for debt service transactions related to
dem82 [27]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on
Lerok [7]

Answer:

$86 million

Explanation:

The computation of the net cash flows from operating activities using the indirect method is shown below:

Cash flows from operating activities

Net income $81 million

Add: depreciation expense $9 million

Less: Gain on sale of equipment -$1 million

Less: Increase in account receivable -$3 million

Less: Increase in inventory -$3 million

Add: Increase in account payable $3 million

Net cash flows from operating activities $86 million

5 0
3 years ago
Why is accounting a service industry?
Y_Kistochka [10]
Hi there.

I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.

I'm also using the process of elimination. With that, I give you my best guess:


A. Because it provides support but no tangible goods.

Hope this works out for ya!


3 0
3 years ago
Read 2 more answers
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