Answer:
Financial account transactions are those that involve capital goods or purchases.
The Current account is for goods and services.
1. Australian company buys steel from a U.S. firm. -<u> Current Account. Payment from foreigners.</u>
This is a purchase of a good being steel and the payment was made by foreigners to a U.S. firm.
2. The Federal Reserve buys $2 billion worth of euros. <u>Financial Account. Payment to foreigners.</u>
This is a capital flow involving the purchase of another currency. It was done by paying foreigners.
3. Profits are earned by a U.S. based mining company operating in Mexico. <u>Current Account. Payment from foreigners.</u>
These profits were made from business operations offering goods and services so is for the current account. The profits was made from Mexico so is a Payment from foreigners.
4. An English company purchases a U.S. confectionery manufacturer. <u>Financial Account. Payment from Foreigners. </u>
The English company invested in owing the confectionery manufacturer so this is a capital transaction. It involved a foreign company paying a U.S. company so is a payment from foreigners.
Answer: d) The ratio considers differences between the market shares of the top four firms. It is NOT a feature of the four-firm concentration ratio.
Explanation:
The concentration index of a market is the market percentage of a number of companies in that market with respect to its total size. It is used to calculate the domain of one or more companies in their respective market. It is used to calculate the domain of one or more companies in their respective market. Therefore the concentration ratio of 4 companies calculates the total market percentage of these 4 companies and presents with respect to the total market, so it does not take into account the differences between the market shares of the four main companies.
The balance in the cash account <u>decreases, </u>when a company incurs a cash expense.
<h3>What is cash expense? </h3>
In cash basis accounting, cash expense refers to the recording of expenses as they are paid directly in cash.
- Cash expense is recorded as the total costs less (minus) depreciation.
When a company incurs a cash expense, the balance in the cash account <u>decreases, </u> and the balance in the expense account increases.
Learn more about cash expenses here:
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Answer:
Results are below.
Explanation:
T<u>o calculate the activity rate, we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Labor-related= 66,500/9,500= $7 per direct labor hour
Purchase orders= 15,200/3,800= $4 per order
Material receipts= 10,200/850= $12 per receipt
Relay assembly= 28,000/2,800= $10 per relay
General factory= 333,000/37,000= $9 per machine hour