1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sladkih [1.3K]
3 years ago
13

Canadian logging companies sell timber in the United States. To the U.S., the timber is a(n)_____, and for Canadians, the timber

is a(n) _____.
Business
1 answer:
klemol [59]3 years ago
3 0

Answer: import; export

Explanation:

Canadian logging companies sell timber in the United States. To the U.S., the timber is an import, and for Canadians, the timber is an export.

An import is a good that is brought into a country and sold from another country while an export is a good that a country sells to other country. Timber is a export to the United States since it's brought from Canada.

You might be interested in
An advantage of obtaining long-term funds by issuing additional stock, instead of issuing bonds is? Multiple Choice 01:22:21 - O
Nana76 [90]

Answer:

It lowers the chance of bankruptcy because dividend for stock are not required payments, but interest expenses for bonds are required payments.

Explanation:

When a comp[any issues additional stock instead of issuing bonds to obtain long term funds, the implications are:

  1. Dividend payment on stock is optional payment as in the event of company incurring losses, no dividend is required to be paid. Such is not the case with bonds wherein a company must pay interest on debt irrespective of it's profitability or situation of financial crunch.
  2. Bonds impose restrictions on the issuer such as restriction on payment of dividend, restriction on issue of additional debt or making cash expenditure. Such is not the case with issue of common stock which doesn't impose such restrictions.
  3. Issue of Bonds hampers a company's credit ratings which is necessary for obtaining funds in the future. Such is not the case with issue of common stock.
  4. But, dividend paid to stockholders isn't a tax deductible expense unlike Interest on debt which is tax deductible
4 0
3 years ago
EA13.
almond37 [142]

Answer:

$423,000

Explanation:

Initial accounts payable added to any purchases made during the period must equal ending accounts payable plus cash payments. Therefore, the amount of budgeted cash payments is:

\$95,000 + \$420,000 = \$92,000 + budgeted\ cash\ payments\\budgeted\ cash\ payments = \$423,000

The amount of budgeted cash payments is $423,000.

3 0
3 years ago
A farmer sells $50,000 worth of apples to individuals who take them home to eat, $75,000 worth to a company that uses them all t
IrinaK [193]

Answer:

The answer is: $150,000

Explanation:

The GDP includes all the final, finished and legal products produced in the country during a year.

The apples sold directly by the farmer to individual consumers and the apples the grocery store sells to households are both going to be included in the GDP.

The only apples not included in the GDP are the once sold to the company that produces apple juice, since they are intermediate goods and not finished goods.  

6 0
3 years ago
Process activity analysis roen company incurred an activity cost of $105,600 for inspecting 40,000 units of production. manageme
Margaret [11]

Answer:

The answer is $2.64 per unit  and $13.2%

Explanation:

Solution

Given that:

The formula for calculating inspection activity of inspection before improvement is stated below:

Inspection Activity before Improvement = Total Activity Cost/Total Units of Production

Using the values provided in the question, we have,

Inspection Activity before Improvement = 105,600/40,000 = 2.64 per unit

Now,

he formula for calculating inspection activity after improvement is given below:

Inspection Activity after Improvement = (Total Activity Cost*Inspection Activity Percentage)/Total Units of Production

Using the values provided in the question, we get,

The Inspection Activity after Improvement = (105,600*5000)/40,000 = $13,200 per unit or $13.2 per unit

4 0
3 years ago
If accounts receivable and inventories increased by $85,000 (total), accounts payable increased by $14,000, and depreciation add
scoundrel [369]

Answer:

We can't define the firm's net income without additional information as either (1) or (2):

1) Revenues/ all income, and all expenses

2) Operating cash-flow together with interest expense, and tax rate

Explanation:

If we can have the operating cash-flow, then we can define EBIT (profit/ earnings before tax and interest) as below:

Operating cash-flow = EBIT  + depreciation - increase of accounts receivable and inventories + increase of accounts payable.

Assuming Operating cash-flow is $100,000 then we have:

EBIT = $100,000 + $64,000 - $85,000 + $14,000 = $93,000

Assuming the firm have no interest expense and tax rate is 35%, then net profit = EBIT*(1- tax rate) = $93,000 * (1-35%) = $60,450

6 0
3 years ago
Other questions:
  • Ashley wants to increase the profits of her e-business. what two ways can be used to accomplish her goal of increasing profits?
    10·1 answer
  • Watson Company has monthly fixed costs of $75,000 and a 40% contribution margin ratio. If the company has set a target monthly i
    7·1 answer
  • You may use your financial calculator or present value tables for this question. Firm A leased equipment with a list price $1,21
    10·1 answer
  • Plough Company reported net income of $180,000 for the current year. Depreciation recorded on buildings and equipment amounted t
    15·1 answer
  • At the end of the accounting period on December 31, 2022, Rose Industries records wages payable of $42,500. For the same account
    12·1 answer
  • National Geographic is replacing an old printing press with a new one. The old press is being sold for $350,000 and it has a net
    9·1 answer
  • The balance sheet of the Algonquin Company reported assets of $50,000, liabilities of $22,000 and common stock of $15,000. Based
    12·1 answer
  • Firms HD and LD are identical except for their level of debt and the interest rates they pay on debt. HD has more debt and pays
    9·1 answer
  • Which of the following is NOT a common feature of a
    5·1 answer
  • What are some tips for self-employed people to get one month ahead how to budget irregular income
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!