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After finishing college, Nathan joined his uncle's company in Miami, FL, a company that buys bauxite, copper, and other minerals

julsineya [31]

After finishing college, Nathan joined his uncle's company in Miami, FL, a company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S. Everyday, he brokers trades with mines in Chile. His uncle's company is in the export-The statement is False

Explanation:

From the information given in the question it is clear that company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S.-So Nathan uncles company is an importer of bauxite, copper, and other minerals

The term importer refers to the country who imports goods and service from other countries.

For Example :India imports Oil. ,precious stones,Electronics,Heavy machinery,Organic chemicals,Plastics,Animal and vegetable oil,Iron and Steel.

Exporting means goods and services which are produced in one country are purchasedby other countries.

5 0

3 years ago

Read 2 more answers

Lambert Center began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purc

svetoff [14.1K]

Answer:

Fifo Inventory $665

Moving Average= $ 606

Lifo Inventory $ 592

Explanation:

Purchases

Date Units Unit Cost Sales Units Fifo Inventory

July 1 13 $115

July 6 9

4 $115 $460

July 11 6 $122

July 14 6

4 $122 $488

July 21 7 $132

July 27 6

5 $ 133  $665

Moving Average Method

= Total Cost of Purchases/ No of items= 13*115 + 6*122+ 7*132/13+6+7

= 1495+ 732+ 924/26= 3151/26= 121. 192

No of units in the Ending Inventory= 5 * 121.192= $ 605.96

Purchases

Date Units Unit Cost Sales Units Lifo Inventory

July 1 13 $115

July 6 9

4 $115 $460

July 11 6 $122

July 14 6

4 $115 $460

July 21 7 $132

July 27 6

1 132 $132

4 $ 115 $460

5  $ 592

6 0

3 years ago

True or false?

Sidana [21]

Answer:

The statement is: True.

Explanation:

If we have been given an assignment, it is important to set a schedule of activities to ensure that the final form of our work is delivered on or before the due date, if possible. In the way, there could be problems of various types -for example, technology when delivering a report- that could interrupt our work. Therefore, it is important to consider those risks while scheduling so that we have a contingency plan that will not impact our research and the date we will deliver it.

8 0

3 years ago

What is the first step in amending the Texas Constitution?

kolezko [41]

Answer:

The answer is below

Explanation:

According to Article 17 of the Texas Constitution which is otherwise known as "Mode of Amending the Constitution of This State"

The first step in amending the Texas Constitution is that the Texas State Legislature must make a proposition of the amendment in a joint resolution, involving both the Texas State Senate and the Texas House of Representatives. This joint resolution, however, can emerge in either the House or the Senate.

3 0

3 years ago

A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $80 and is selling at face value. What will be

il63 [147K]

Solution:

Annual coupon payment of the bond is $80

At the beginning of the year, remaining maturity period is 2 years.

Price of the bond is equal to face value, i.e. the initial price of the bond is $1000.

New price of the bond = present value of the final coupon payment + present value of the maturity amount.

New price of the bond = $\frac{80}{1+r} +\frac{1000}{1+r}$