Answer:
export import net export
1. increases unchanged increases
2. unchanged increases decreases
3. unchanged increases decreases
4. unchanged increases decreases
5. increases unchanged increases
Explanation:
export would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Net export would increase when export occurs and decrease when import occurs
Net export = exports – imports
When the French historian visits the US museum and the European family visits Disney, they are enjoying US services, thus export increases and net export increases
The purchase of books from Cambridge in UK, Panasonic camera and the visit to Japan constitutes import. These increases import and reduces net export
Answer:
The amount of net income (loss) that will be reported after the adjustments are recorded is $77,910
Explanation:
The computation of the adjusted net income is shown below:
= Unadjusted net income balance - salaries unpaid + interest earned - expired prepaid insurance + unearned revenue
= $77,750 - $810 + $770 - $570 + $770
= $77,910
As it includes two expenses and two incomes so we adjust it accordingly as in the income statement, the total revenues and the total expenses are recorded.
It is a false statement that the marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping.
<h3>Why is it a false statement? </h3>
The situation is that the marginal revenue curve for a monopolist are always less than the price.
This is because for each additional unit of output the marginal revenue is declining its results from the downward sloping market demand curve.
Therefore, the statement given is a false statement.
Read more about marginal revenue
<em>brainly.com/question/10822075</em>
Answer:
$408.25
Explanation:
The monthly repayment will be the amount dues at one year divided by 12 months.
The amount of due after will interest plus principle
The formula is : Amount = P x (1+ r)t
principle(p) = $4600
Interests (r)=6.5 %
Time( t)= 1 year
=4600 x(1+ 6.5/100)t
=4600 x (1+0.065)1
=4600 x 1.065
Amount due after one year =4,899
The monthly installment will be = 4,899/12
=$408.25
Answer:
False
Explanation:
The reason is that accrual concept says that the income must only be realized when the revenue are earned which means that the company has delivered her consideration (The part of the service that is delivered to the customer which has monetary value). So the income earned is equal to the monetary value of the two suits they had designed till June 30. So the double entry would be:
Dr Revenue accrued 49000/10suits *2 suits = $9800
Cr Trade Receivables $9800
So saying that the service revenue of $12,250 must be accrued is totally false statement.