<u>Answer:</u>
Difference between money paid to and money received from other nations in trade is called balance of trade is a <u>TRUE</u> statement.
<u>Explanation:</u>
The difference between the export and the import done by the country is usually termed as the balance of trade. Even though the sum of payments and receipts is necessarily equal, in different types of transactions there will be disparities — excesses of transactions and receipts, named deficits and surpluses.
Trade balance does not include any goods (not even product import and export). For example, China, a nation where many of the globe's consumer goods are manufactured and exported, has registered a trade surplus since 1995. Because of its dependence on oil imports and consumer goods, the United States has shown a trade deficit since 1976.
Answer:
The correct answer is D
Explanation:
Competition is the term which is described as the rivalry among companies selling the similar products and the services in order to achieve or accomplish the market share growth, revenue and profit.
The competition among the business is a contest or the rivalry among the firms or organization to win the revenue. It is the fundamental force, that benefits or advantage the customers as the firms are under the pressure in order to improve the products and also provide or offer the attractive prices.
Answer:
franchisee , franchise.
Explanation:
Franchisee is a company or an individual that holds the franchise for the sale of the products .
Franchise is a company whose product are being sold by the franchisee.
So franchising lets a company to to set up a small business quickly because the franchisee is associated with a brand and a franchise reaches a break-even point a lot quicker than an independent business.
Answer:
Explanation:
Regular pay = annual pay/hrs per week * no of weeks in a year * no of regular hrs.
Regular pay = (($90,000/(37 * 52)) * 56) = $2,619.54
Holiday pay = (($90,000/(37 * 52)) * 14) = $654.89
Gross pay = regular pay plus holiday pay
= $2,619.54 + $654.89
= $3,274.43
Answer:
The correct answer is Option A.
Explanation:
Treasury stocks are simply company's own stock repurchased by the company. When this happens, there is cash outflow in order to increase the stock.
When GE bought back 300,000 shares of its stock from investors at $45 a share, the value of the treasury stock was 300,000 shares x $45 = $13.5m. However, the stock was reissued for $65 a share, translating to 300,000 shares x $65 = $19.5m cash receipt.
The appropriate entries to raise would be a debit to cash for $19.5 million, a credit to Treasury Stock for $13.5 million, and a credit to Additional Paid-in Capital for $6 million.
