Answer:
A. As a result of the professors activities, import would increase while export remains unchanged. Net export would reduce.
B. Export would increase while import remains unchanged. Net import would increase
C. Volvos are made in Sweden. So, the Volvo would be imported. This increases import and export remains unchanged. Net export would reduce.
D. The sales takes place in England, so US export, import and net export would remain unchanged.
E. Export would increase while import remains unchanged. Net import would increase
Explanation:
Net export = Export - Import
Answer:
The correct answer is $23,260.69.
Explanation:
According to the scenario, the given data are as follows:
Payment (pmt ) = $7,000
Time period (n) = 3
Rate of interest (r) = 5.2%
So, we can calculate the future value by using following formula:
FV = Pmt ( 1 + r)^n + Pmt ( 1 + r)^n-1 + Pmt ( 1 + r)^n-2
By putting the value, we get
= $7,000 ( 1 + 0.052)^3 +$7,000 ( 1 + 0.052)^2+$7,000 ( 1+ 0.052)^1
= $23,260.69
hence, The future value after 3 years will be $23,260.69.
Answer: No, it is not a viable strategy today.
(1) Sports is seen more as an entertaining event in recent times
(2) Sports is seen as a uniting factor for families and a means to settle disputes
(3) Most companies have invested heavily in sports as a viable business.
(4) Sporting events are better managed in recent years.
Explanation: During recent times Sports has been a great uniting factor for families,sports has been seen as entertainment and people usually see sports like football more as an entertaining and fun activity.
Sports is better managed now,as it is very difficult to see violence occur in most sporting events in recent times,players a taught how to do "fair play"
Sports is also seen as a business venture where many companies have huge investments, so they carry out Activities to promote their businesses.
Prices prevent this. Lots of people can't afford to get as much as they wish, rather as much as they can buy. That's why a market system and stores don't sell out so easily, because people don't buy as much as they really wish for, but how much they need.
Hope this helps!
Answer:
Prepare the journal entries for above accounts
Explanation:
1. Cash Dr.147,000
Sales Discount Dr.1,314
A/R Cr.148,314
2. Account Receivable Dr.5,620
Disallowance for Bad debts Cr.5,620
3. Allowance for Doubtful Accounts Dr.26,900
Account Receivable Cr.26,900
4. Bad Debts Expense Dr.26,900
Allowance for Doubtful Accounts Cr.26,900
