Answer:
a.
Net Exports 2015 are - $471.4 billion.
b.
Net Exports 2016 are - $552.1 billion.
Explanation:
The net exports for a country is the difference between the value of exports and the value of imports of a country over a certain period of time. The amount of net exports can be wither positive or negative depending upon the value of exports being in excess of the value of imports or not. The formula for net exports is,
Net Exports = Value of Exports - Value of Imports
a.
Net Exports for 2015 = 2344 - 2815.4
Net Exports for 2015 = - $471.4 billion
b.
Net Exports for 2016 = 2372.7 - 2924.8
Net Exports for 2016 = - $552.1 billion
Answer:
Given these facts, which state would you expect the price of prostitution services to be higher? Why?
- Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.
Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?
- Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.
Answer:
As we've lightly touched on already, entrepreneurial enterprises provide citizens with paying jobs in order to operate and grow. They also provide employees with the means to further grow one's own earning potential through training and on-the-job experience.
Answer:
The answers are:
A) to record sales
Dr Accounts Receivable 853,600
Cr Sales Revenue 853,600
to record inventory
Dr Cost of Goods Sold 540,300
Cr Merchandise Inventory 540,300
B) to record sales returns
Dr Sales Returns & Allowances 114,200
Cr Accounts Receivable 114,200
to record inventory
Dr Merchandise Inventory 68,200
Cr Cost of Goods Sold 68,200
C) to record payment
Cr Cash 717,218
Cr Sales Discounts 22,182
Dr Accounts Receivable 739,400
I believe the answer is A
