Answer:
C. The flow of goods and services.
Explanation:
Balance of trade: In Economics, the balance of trade accounts for the inflow and outflow of the goods and services in in a country for a given period, it is also called the <em>balance of payment.</em>
Answer:
operational business processes
Explanation:
The processes carried out within a company are divided into:
- operational business processes: carried out by entry level employees and includes routine daily business processes
- tactical or managerial business processes: carried out by lower management or supervisors and includes semi-routine monthly business processes
- strategic business processes: carried out by upper management and includes dynamic, non-routine long-term business decision processes
Answer:
$42,500
Explanation:
Given that,
Beginning total assets = $400,000
Ending total assets = $450,000
Average total assets = (Beginning total assets + Ending total assets) ÷ 2
= ($400,000 + $450,000) ÷ 2
= $425,000
Return on assets = 10%
Net Income ÷ Average total assets = 0.1
Net Income ÷ $425,000 = 0.1
Net Income = 0.1 × $425,000
= $42,500
Therefore, the Sub America's net income for the year is $42,500.
Answer:
$117,600
Explanation:
Given that the company has Cash sales that are normally 60% of total sales and Of the credit sales, 25% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 15% are collected in the second month after the sale
In June, total sales $370,000
Amount that would not have been collected from this sale at the end of July
= 40% * 15% * $370,000
= $22,200
In July, total sales is $318,000,
Amount that would not have been collected from this sale at the end of July
= 40% *75% * $318,000
= $95,400
Hence the amount of accounts receivable reported on the company’s budgeted balance sheet as of July 31
= $22,200 + $95,400
= $117,600
