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4 years ago

A situation occurring when the value of a nation’s exports exceeds the value of its imports is called a trade surplus.

Business

2 answers:

zimovet [89]4 years ago

8 0

Answer:

True

Explanation:

A trade surplus refers to a positive balance of trade which means that the exports of the country are higher than the imports. This indicates a favorable situation for the country because the sells of products and services made in the country to the foreign markets have more value than the goods bought in the foreign markets from consumers in the nation. This results in having more control over the currency and reducing the risk of losing its value. Because of this, the statement is true.

Dafna11 [192]4 years ago

6 0

Answer:

hey matthew

Explanation:

Is TRUE.

Trade Surplus. A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. A trade surplus occurs when the result of the above calculation is positive. A trade surplus represents a net inflow of domestic currency from foreign markets.

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Bonnie's employer provides her with an annual dinner club membership costing $5,000. Her marginal tax rate is 24 percent. Her em

Nikolay [14]

Answer:

$3,800

Explanation:

The computation of the after-tax benefit is shown below:

= Annual dinner club membership cost - annual dinner club membership cost × her marginal tax rate

= $5,000 - $5,000 × 24%

= $5,000 - $1,200

= $3,800

We simply deduct her tax expense from the annual dinner club membership cost so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

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3 years ago

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Explanation:

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Answer:

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Explanation:

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2 years ago

Cumberland Co. sells $2,000 of inventory to Hancock Co. for cash. Cumberland paid $1,250 for the merchandise. Under a perpetual

mafiozo [28]

Answer:

Cash (Debit) $2,000

Sales (Credit) $2,000

Cost of Merchandise Sold (Debit) $1,250

Merchandise Inventory (Credit) $1,250

Explanation:

Cash (Debit): Cash increase because it is a Cash Sale, cash increases by debit.

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4 0

3 years ago

Mattola Company is giving each of its employees a holiday bonus of $125 on December 16 (a non payday). The company wants each em

Anastaziya [24]

Answer:

a. $193.65

b. $80.69

Explanation:

The computation is shown below:

a) The gross amount of each bonud is

= Holiday bonus ÷ (1 - supplemental tax rate - OSADI tax rate - HI rate - state tax rate)

= $125 ÷ (1 - 0.25 - 0.062 - 0.0145 - 0.028)

= $125 ÷ 0.6455

= $193.65

b) Now the Net amount of each bonus check is

= Holiday bonus - (Holiday bonus × supplemental tax rate - Holiday bonus × OSADI tax rate - Holiday bonus × HI rate - Holiday bonus × state tax rate)

= $125 - ($125 × 0.25) - ($125 × 0.062) - ($125 × 0.0145) - ($125 × 0.028)

= $125 - $31.25 - $7.75 - $1.8125 - $3.5

= $80.69

Refer to the different tax table rate

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4 years ago