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3 years ago

An excess of merchandise exports over merchandise imports results in a balance of trade deficit. True False

Business

1 answer:

REY [17]3 years ago

5 0

Answer:

False

Explanation:

As we know that

Net exports = Exports - imports

If the exports are higher than the imports than it would be surplus and on the other hand if exports are lower than the imports than it would be deficit

In the given scenario, since the merchandise exports have a higher value than the merchandise imports that reflects the trade surplus, not the trade deficit.

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HELP FAST PLEASE!!!!! Information you should consider when researching and comparing careers include all of the following except

Butoxors [25]

Answer:

What your friends are doing.

Explanation:

The reason why the answer is what your friends are doing, is because it is in most cases, unnecessary. Even though it might seem like it is necessary, but if you really think about it, you are looking for jobs FOR YOU and you alone. What your friends are doing for their career, will most likely differ from what you would want to do.

7 0

3 years ago

Crane Company provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $950000

Alenkasestr [34]

Answer:

$296,000

Explanation:

Consider cash movement in purchase and sale of capital assets only.

<u>Cash flow from investing activities :</u>

Proceeds from sale of equipment $296000

Net Cash Provided by investing activities $296000

therefore,

The net cash provided by investing activities during 2021 is $296000.

5 0

3 years ago

What is an exchange rate? A. How much bonds are worth when they're exchanged with cash B. How much dollars are worth when they a

lidiya [134]

Hello!
The answer is

C. How much a currency is worth when it's exchanged with another country's currency.

Good luck!

6 0

3 years ago

Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Complia

olga nikolaevna [1]

Answer:

A) the law does not codify all ethical requirements.

Explanation:

Laws are meant to be generally and applicable to all individuals or organizations. It is absolutely impossible that laws could be made specifically for every single person, business, organization, and that it covers all their possible actions.

Imagine that there are over 32.5 million businesses in the US, that means that 32.5 million laws should be made. How many more laws regarding specific circumstances should there be?

Each company should try to have their own business ethics code, which should be followed specially by the upper management. It is a form of self-regulation, but it will all depend on the company to follow it.

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3 years ago

Warren Company began the accounting period with a $32,000 debit balance in its accounts receivable account. During the accountin

ra1l [238]

Answer:

The answer is : $104,000

Explanation:

First, we have to lay out the particulars, and explain what each of them mean:

debit balance in account receivable = $32,000. This refers to an amount that cusomers owed the company at the beginning of the period.

revenue recorded = $88,000. This refers to the total sales made by the company.

At the end of the period, we are told that the account receivable contained a balance of $16,000

Therefore it means that after all the payments (both balance from previous period and sales transactions) have been made in cash, the amount which the customers owed the company = $16,000.

Hence the cash collected is calculated as follows

(debit balance at beginning + revenue) - debit balance at the end = cash collected

(32,000 + 88,000) - 16,000 = cash collected

120,000 - 16,000 = cash collected

cash collected = $104,000

6 0

2 years ago