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Goshia [24]
3 years ago
8

Full-Sole Shoes concludes a counterpurchase agreement with Japan for which it receives some counterpurchase credits. Full-Sole S

hoes does not want any foreign goods, however, so it sells the credits to a third-party trading house at a discount. The trading house finds a firm that can use the credits and sells them at a profit. This is an example of _________.
Business
1 answer:
aivan3 [116]3 years ago
5 0

Correct switch trading..

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LO 2.2Explain the differences among fixed costs, variable costs, and mixed costs.
hjlf

Answer:

Explanation:

There are primarily two types of costs, i.e. variable costs and fixed costs. The variable cost is the cost that varies when the level of production changes, whereas the fixed cost is the cost that remains constant, whether the level of production changes or not.

Therefore, indirect material indirect labor, and factory supplies are included in the variable costs, and the fixed costs include supervision taxes and depreciation expenses.

The mixed cost is a mix combination of both the variable cost and the fixed cost which includes some components of fixed cost and some components of variable cost. It is also known as semi-variable cost

Example - transportation cost, tel communication cost, etc

7 0
3 years ago
Open market operations refer to which action by a central bank?
MAVERICK [17]

Answer:

B so it said 20 characters tooblong and dont copy th rokffkmf

5 0
3 years ago
Read 2 more answers
The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the option price i
viva [34]

Answer:

stock price is below $50

Explanation:

given data

price of a stock = $64

strike price =  $60

option price = $10

solution

we know here that stock sell for $60 and pay for $10

so that here price of stock is

stock price = $60 - $ 10

stock price = $50

and net profit will be

net profit = $10 - $10

net profit = 0

so that we can say stock price is less than $50 for trader for making profit 0 or greater than 0.

so price will be below than $50

6 0
3 years ago
Prepare the journal entry for the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017. Garcia Compa
algol13

Answer:

Dr Cash $332,775

Cr Bonds payable $290,000

Cr Premium on bonds payable $42,775

Explanation:

Preparation of the journal entry to record the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017

Based on the information given the journal entry to record the issuance of these bonds will be:

Dr Cash ($290000/100*114.75) $332,775

Cr Bonds payable $290,000

Cr Premium on bonds payable ($332,775-$290,000) $42,775

(To record issuance of bonds)

3 0
3 years ago
If there were 60,000 pounds of raw materials on hand on January 1, 120,000 pounds are desired for inventory at January 31, and 4
Lina20 [59]

Answer:

b) 350,000 pounds

Explanation:

The computation of the number of pounds purchased is shown below:

= Required production in January month + ending inventory in pounds - beginning inventory in pounds

= 410,000 pounds + 120,000 pounds - 60,000 pounds

= 350,000 pounds

We simply added the ending inventory and deduct the beginning inventory to the required production so that the accurate amount can come

5 0
3 years ago
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