Answer:
<h2>Hypothetical data for an open economy (in millions)</h2>
<h3>Value of International Investment Position (IIP) of the U.S.:</h3>
The value of the International Investment Position (IIP) of the U.S. is $23,357 million.
Explanation:
a) Calculation of the IIP:
Inside U.S. Outside U.S.
Assets owned outside the U.S. by U.S. citizens = $23,357
Assets owned inside the U.S. by foreign citizens = $22,786
The value of the International Investment Position (IIP) of the U.S. is $23,357 million
The NIIP (or net IIP) = $571 million ($23,357 million - $22,786 million).
b) The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents and the liabilities of residents of an economy to nonresidents.
c) A net international investment position (NIIP) can be viewed as a nation’s balance sheet with the rest of the world at a specific point in time, in that it measures the gap between a nation’s stock of foreign assets and foreigner's stock of that nation's assets.
Answer:
Retail Innovation
Explanation:
Retail innovation has to do with improvements that heightens customer experience and satisfaction by providing tangible value for customers because it offers something new in the field of technology, services, products or business systems.
IKEA’s "ready to assemble" furniture and fixtures transformed retail shopping; and Nike's allowance of online customers to design their own shoes; are all examples that illustrate retail innovation.
Retail innovation has changed the way consumers connect with brands, Beginning from social shopping, voice-based commerce or drone deliveries; companies are now using technology tools to differentiate their brands and transform the retail experience of their customers.
Answer: $17,200
Explanation:
Sales: 290,000
Less selling expenses (17,400)
________
A) 255,200
Purchase 200,000
Depreciation (4,500)
Casualty loss (19,000)
Reimbursement 13,500
street paving assessment 7,000
Side walk 8,000
Elevator 20,000
Medical expenses 13,000
_________
B) 238,000
Profit realized a-b
= 255,200 - 238,000
= $17,200
Answer:
C.completeness
Explanation:
Occurrence means transactions and events that have been recorded or disclosed have occurred and relate to the entity.Existence means whether or not accounts balances and related disclosures related Assets, liabilities and equity interests exist in the financial statements.
Completeness means there are no unrecorded transactions, events and disclosures and all transactions that have occurred has been included in the general ledger/financial statements
Valuation or allocation means that assets, liabilities and equity interests are included in the financial statements at appropriate amounts and any resulting valuation or allocation adjustments are appropriately recorded and related disclosures have been appropriately measured and described.
In this question, interest on sample of paid notes have been traced to the general ledger account, to check that whether the interest on the selected sample has been included in the general ledger and financial statements.Thus the answer shall be C.completeness
Answer:
Radio
Explanation:
From the question we are informed about local automobile service company who is interested in advertising but has a very limited budget. They would like to tailor their advertising toward individuals in the local area who own older domestic vehicles and may need services such as brakes, transmission, or other relatively major services. In this case, advertising medium that is best for this company is radio.
Advertising media can be regarded as a channel that is been used for communicating a promotional message to the outside world. These media could be through billboards, television advertisements or online banners and radio spots. Radio advertising can be regarded as a channel of buying commercials so that products or services can be promoted.
Advertisers will pay some charges to commercial radio stations for airtime , then , the radio station in exchange for this will broadcasts the advertiser's commercial all over the listening audience.