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adelina 88 [10]
3 years ago
12

How would you categorize the following transactions in the balance of payments for the United States. For each scenario, besure

to discuss which section it enters as a credit and debit (for any entry in the current account, be sure to discuss if it is an import or export as well as whether it is a good or service)a.A French chef is hired to cater a US diplomats event in Franceb.An American purchases 1 Million dollars’ worthof shares in a Nigerian companyc.The United States forgives a 5 Billion dollar debt owed by a foreign countryd.An Italian movie pays for the rights to sing the English version of the "Happy Birthday" song to its American copyright holderse.16 million dollars’ worthof escargot is purchased by an American restaurant from Francef.An American business man in Los Angeles purchases crabs from a dealer in Seattle
Business
1 answer:
alexgriva [62]3 years ago
4 0

Answer:

a. The transaction enters Current account as a Debit entry and is an import and a service.

b. The Transaction enters on the financial account as a debit.

c. The Transaction enters on the financial account as a credit.

d. The transaction enters on the current account as a credit and is more of an export and is also a service.

e.The transaction enters as a current account on a debit and is an import of a good.

f..The transaction enters as a current account on a debit and is an import of a good.

Explanation:

Transaction number c, the state forgives a debt meaning it needs to cancel it, the time it was granted it went on on a debit entry now they act like they received it so it should cancel that debit by credit.

transaction d, the song is a service because it is intangible, more or less inseparable from person doing it hence copyright and paying.

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Which of the following is the best definition of marketing research? A) The process of analyzing secondary information and provi
Marina86 [1]

Answer:

The correct answer is D) The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.

Explanation:

The definition of marketing research is process of gathering, analyzing and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present and potential customers for the product or service; research into the characteristics, spending habits, location and needs of your business's target market, the industry as a whole, and the particular competitors you face

5 0
3 years ago
The practice of giving employees a high degree of control over their work, from planning and organization, through implementing
ira [324]

Answer:

b.Job Enlargement

Explanation:

Job design:

     This is the method to design a proper task for a proper person it means that if person have good technical process so give a technical work instead of giving marketing work.

Job Enlargement :

 As it name indicates enlargement it means that increases job task of and the responsibility of a person.In this task is added at the same level so this is also known as horizontal process.

Job Enhancement :

  When a organization provide new opportunity of worker to increase his skill then it know as job enhancement.

Job Enrichment :

 When a organization provide a good environment for worker then the worker feel better and always feel motivated to work .This is also a motivation process followed by organization.

So the option b is correct.

b.Job Enlargement

7 0
3 years ago
SKRAM Corporation is appealing directly to the shareholders of IDNIC Corporation to acquire shares of IDNIC stock. This appeal i
soldi70 [24.7K]

Answer:

A hostile takeover with IDNIC corporation as the target company.

Explanation:

Since SKRAM is appealing directly to shareholders of IDNIC to acquire stocks of IDNIC corporation, it means they have a target of getting them to have a certain percentage of ownership in IDNIC because owning a stock in a company means having a percentage of ownership in that company.

This kind of appeal can be likened to trying to an aggressive push to make the shareholders take over the IDNIC corporation.

5 0
3 years ago
If sales are $540,000, expenses are $440,000 and dividends are $50,000, what is the balance of income Summary prior to closing?
alexandr402 [8]

Answer:

d. It will have a credit balance of $100,000.

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

So, the balance of income summary equals to

= Sales - expenses

= $540,000 - $440,000

= $100,000

The dividend should be deducted from the retained earning account. Hence, it will not be consider here

7 0
3 years ago
The race to the bottom scenario of global environmental degradation is explained roughly like this:
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Answer:

A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.

D. self-sufficiency argument.

Explanation:

In the case when there is a race to the bottom scenario so it would be described that the multinational companies that are profit seeking is shifting their production from that countries who have the strong environmental standards to the weak standard countries so that the order would be decreased due to this the profit would increase

In the other case, when the nation is not too much depend on other countries for supplies so this case we called as self-sufficiency argument as they managed themselves rather depending on another

6 0
2 years ago
Read 2 more answers
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