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aleksandrvk [35]
3 years ago
12

In 2010 the United States posted a current account deficit of -$471 billion. The bulk of the negative value came from: A. a good

s trade deficit. B. a net transfer deficit. C. an income balance deficit. D. an income trade deficit.
Business
1 answer:
Brut [27]3 years ago
6 0

Answer:

A. a goods trade deficit

Explanation:

The current account represent the trade balance (export less import) plus

the net income (person receiving interest, rent or wages from aboard less person and companies paying foreingers) and

the direct payment. ( remittances from wroker to US)

As the US is one of the most open-economies in the world the mayority of this deficit comes from import of good and services from aboard.

Another factor, is that US company invest around the world thus, the net income should be positive.

And becuase the US economy is strong as opposite of Mexico or other Latin America countries, the average US employee abroard will not send their wages to support his family.

Thus, we should ensure the deficit comes from a negative trade deficit.

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LBM, Inc. issues 25,000 shares of common stock for $20 per share. The stock has a par value of $1 per share. By what amount woul
Arisa [49]

Answer:

$475,000

Explanation:

Calculation for By what amount would LBM credit capital in excess of par

Dr Cash $500,000

(25,000 shares*$20 per share)

Cr Common Stock $25,000

(25,000 shares*$1 per share)

Cr Capital in excess of par $475,000

($500,000-$25,000)

Therefore based on the above Journal entry and calculation the amount that LBM would credit as capital in excess of par will be $475,000 ($500,000-$25,000).

5 0
3 years ago
The color of the text in a label control is determined by the ________ property.Rds/
IgorLugansk [536]

The correct answer is:    " ForeColor " .

___________________________

    " The color of the text in a label control is determined by the  <u>  ForeColor </u> property. "

___________________________

8 0
3 years ago
A small grocery store sells fresh produce, which it obtains from a local farmer. During the strawberry season, demand for fresh
nasty-shy [4]

Answer:

(a)The implied cost of shortage per quart is = $4.75

(b) This could be viewed as reasonable figure, because is (approximately) equal to the loss per quart of strawberry.

Explanation:

Solution

Given that:

Mean =μ = 40

Standard deviation =σ = 6

Excess cost= Ce =$0.35

The amount ordered =S₀= 49

Thus

Z =(49 -40)/6

=1.5

Now

From the Table Z, we have the service level which is,

P(X <49 ) = P(Z < 1.5)

= 0.9332

Since we know that,

Service level (SL) =Cs/Cs+Ce

So,

0,9332 =Cs/Cs+0.35

Thus

0.9332Cs + 0.35* 0.9332 =Cs

0.0668Cs =0.32662

Hence

Cs = $4.75

(a) The implied cost of shortage per quart is = $4.75

(b) Therefore,this could be regarded as reasonable figure, because is (approximately) equal to the loss per quart of strawberry.

5 0
2 years ago
The Retained Earnings balance was $24,100 on January 1. Net income for the year was $19,900. If Retained Earnings had a credit b
padilas [110]

Answer: $17800

Explanation:

The opening balance of Retained earnings = $24,100

Net Income for the year = $19,900

Closing balance of Retained earnings = $ 26,200

The, the amount of dividends declared during the year = (opening balance) +(Net Income) -( Closing balance)

= $ (24100+19900-26200)

= $17800

Hence, the amount of dividends declared during the year  is $17800.

4 0
3 years ago
Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and acti
trapecia [35]

Because Marius is tasked with identifying of goals, policies and action, then, he will be implementing a <u>Strategic Management</u>.

<h3>What is Strategic Management?</h3>

A Strategic management means a strategies implemented to achieve a better performance and competitive advantage for an organisation.

The process of a strategic management includes

  • Defining the Mission Statement
  • Analysing the Environment
  • Organisational Self-Assessment
  • Establishing Goals and Objectives
  • Formulating Strategy

In conclusion, since he is tasked with identifying of goals, policies and action, then, he will be implementing a <u>Strategic Management</u>.

Read more about Strategic Management

<em>brainly.com/question/24845876</em>

3 0
2 years ago
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