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3 years ago

Net exports might be a negative amount if Americans

Business

1 answer:

NISA [10]3 years ago

3 0

Answer:

decrease their holding of foreign currencies, borrow from foreigners, or do a bit of both

Explanation:

Net exports are a measure of a nation's total trade. The formula for net exports is a simple one: The value of a nation's total export goods and services minus the value of all the goods and services it imports equal its net exports.

A nation that has positive net exports enjoys a trade surplus, while negative net exports mean the nation has a trade deficit.

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Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business,

JulsSmile [24]

Answer:

Ayala Architects

General Journal

April 1

Debit : Cash $18,270

Credit : Common Stock $18,270

April 1

Debit : Salaries expense ($381 x 4) $1,524

Credit : Salaries Payable $1,524

April 2

Debit : Rent expense $914

Credit : Cash $914

April 3

Debit : Supplies $1,320

Credit : Accounts Payable - Burmingham Company $1,320

April 10

Debit : Accounts Receivable $1,929

Credit : Service Revenue $1,929

April 11

Debit : Cash $711

Credit : Deferred Revenue

April 20

Debit : Cash $2,842

Credit : Service Revenue $2,842

April 30

Debit : Salaries expense $1,524

Credit : Cash $1,524

April 30

Debit : Accounts Payable - Burmingham Company $305

Credit : Cash $305

Explanation:

Journal entry for the transactions have been prepared above.

4 0

2 years ago

What distinguishes open-ended credit from closed-ended credit?

KiRa [710]

Open-ended credit is credit that can be used repeatedly.

Example: A credit card

Close-ended credit is credit that has to be paid in full by a certain date

Example: A house loan (mortgage)

6 0

2 years ago

Read 2 more answers

Premo Pens, Inc. is in the process of developing a new pen to replace its existing top-of-line Executive Model. Market research

oee [108]

Answer:

c. $24.00

Explanation:

The computation of the target cost is shown below:

Target cost = Selling price - (Selling price × profit margin)

where,

Selling price = $30

And, the profit margin is 20%

So, the target cost is

= $30 - ($30 × 20%)

= $30 - $6

= $24

Basically, by using the above formula, we can find out the target cost after considering the selling price and the profit margin

6 0

3 years ago

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 27,000 shares authorized, 13,2

Ilia_Sergeevich [38]

Dr Retained Earnings $5400

Cr Common Dividends Payable $5400

is the journal entry.

<h3>What is outstanding share?</h3>

Share outstanding concerns to the company's current stock, which is occurred by the all of its shareholder. including fund managers' share blocks and restrictive investments made by the company's officials and personnel.

On a any company's balance sheet, Capital Stock is the main heading in which outstanding shares are listed.

Thus, the journal entry has passed above.

For more details about outstanding share, click here:

brainly.com/question/18568835

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7 0

2 years ago

On December 31, the company's Cash account had a balance of _____. $40,000 $54,000 $110,000 $124,000

notka56 [123]

Answer:

The company's Cash account had a balance of $54,000 on December 31.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the questions as follows:

Company's cash account had balance of 14000 on January 1

Receipts from customers- 50,000

payments for dividends- 10,000

receipts for dividends- 5,000

payments for merchandise- 25,000

receipts from issuance of stock- 20,000

On December 31, the company's cash balance is?

A 40,000

B 54,000

C 110,000

D 124,000

The explanation of the answer to the question is now given as follows:

the company's Cash account balance On December 31 can be obtained by simply adding the total cash receipts to and deducting the total cash payments from the Company's cash account balance of 14000 on January 1. This can be expressed as follows:

Cash balance on December 31 = Cash account balance on January 1 + Total cash receipts - Total cash payments .............. (1)

Where we have:

a. Cash account balance on January 1 = $14,000

b. Calculation Total cash receipts

Details $

Receipts from customers 50,000

receipts for dividends- 5,000

receipts from issuance of stock 20,000

Total cash receipts  75,000 

c. Calculation Total cash payments

Details $

Payments for dividends 10,000

payments for merchandise 25,000

Total cash payments 35,000

Substituting the values into equation (1), we have:

Cash balance on December 31 = $14,000 + $75,000 - $35,000 = $54,000

Therefore, the company's Cash account had a balance of $54,000 on December 31.

6 0

3 years ago