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3 years ago

Explain how a country could have a deficit on its primary income but a current account surplus. 4 marks

1 answer:

7 0

<h2>The following are the reasons for how a country could have a deficit on its primary income but a current account surplus:</h2>

The identified and associated sources of primary income would be different than the sources of financial activities that reflect their collection in the current account.
The expenses on developmental activities could be drawn from the primary account rather than drawing them directly from the current account.
There could be diversions of funds to manage the accounts in order to earn interest on them.

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In the systems planning phase, a key part of the preliminary investigation is a feasibility study that reviews anticipated costs

omeli [17]

Answer:

a) True

Explanation:

The Planning Phase is the fundamental two-step process of understanding why an information system should be developed and creating a plan for how the project team will develop it. ... They decide whether it is advisable to proceed with the system development project.

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3 years ago

Current Forecast is 2500 units, current 1st shift capacity is 1300 units. Market growth rate is 10%. How much capacity do you ne

Afina-wow [57]

Answer:

250 units

Explanation:

Calculation to determine How much capacity do you need to buy for next round

Using this formula

Next round capacity needed=Current Forecast*Market growth rate

Let plug in the formula

Next round capacity needed=2500 units*10%

Next round capacity needed=250 units

Therefore How much capacity do you need to buy for next round is 250 units

3 0

3 years ago

On September 1, Kennedy Company loaned $100,000, at 12% annual interest, to a customer. Interest and principal will be collected

GenaCL600 [577]

Answer:c. Debit Interest Receivable, $4,000; credit Interest Revenue, $4,000.

Explanation:

The interest payable = Principal x Rate x Time (period)

= $100,000 x 12% x 4/12 ( September to December)

$100,000 x 0.12 x 1/3

$100,000 x 0.04

=$4000

Journal entry to record accrued interest at Year end for loan issued on sept 1st.

Date Account titles Debit Credit

Dec 31st Interest Receivable $4000

Interest Revenue $4000

6 0

3 years ago

Toggle Company reported sales of $310,000 and cost of goods sold of $180,000 for 20X2. During 20X2, Toggle’s accounts receivable

kiruha [24]

Answer:

Cash Received from customers = $293,000

Cash payments to suppliers = $167,000

Cash flows from operating activities = $460,000

Explanation:

<u>Cash Received from customers is calculated as follows :</u>

Sales $310,000

Less Increase in accounts receivable ($17,000)

Cash Received from customers $293,000

<u>Cash payments to suppliers is calculated as follows :</u>

Cost of goods sold $180,000

Decrease in Inventory $8,000

Decrease in Payable ($21,000)

Cash payments to suppliers $167,000

<u>Cash flows from operating activities is calculated as follows :</u>

Cash Received from customers $293,000

Cash payments to suppliers $167,000

Cash flows from operating activities $460,000

7 0

3 years ago

Essman might overlook strategic risks, the business plan at hand can be a good plan and the Product mix may be one of the best.

WITCHER [35]

Risk retention is good for the company as the good has the better strategies planned about the product mix and if the things changed in the future the company is able to conquer the loss.

<h3>What is product mix?</h3>

Product mix is the total number of products sell by the particular company, the products can be further divided into the categories and division. Many big companies have the different line products like the cosmetics, glasses, home materials and others.

Thus, Risk retention is good for the company as the good has the better strategies

For more details about Product mix, click here:

brainly.com/question/17463487

#SPJ1

6 0

1 year ago

Explain how a country could have a deficit on its primary income but a current account surplus. 4 marks​

Explain how a country could have a deficit on its primary income but a current account surplus. 4 marks