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vekshin1
3 years ago
11

Which one of the following does not describe balance of​ trade? a. Balance of trade is the largest item in the current account.

b. Balance of trade shows when imports are larger than exports​, there is a trade deficit. c. Balance of trade is equal to the sum of current account balance and financial account balance. d. Balance of trade is the difference between the value of goods a country exports and the value of goods a country imports.
Business
1 answer:
sergeinik [125]3 years ago
7 0

Answer:

c. Balance of trade is equal to the sum of current account balance and financial account balance.

Explanation:

The balance of trade is the difference in value between a country's imports and its exports over time. Balance of trade ( BOT) is expressed in monetary terms. If a country has more exports than imports, it has a positive trade balance or a trade surplus. Balance of trade is also known as international trade balance or trade balance.

Economists use the balance of trade in determining the country's current account. A trade deficit or trade surplus on its own does not mean that the economy is weak or strong in that period. The balance of trade is obtained by subtracting net imports from net exports.

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Answer:

$10,950 Unfavorable

Explanation:

For computation of flexible budget variance for total costs first we need to find out the standard cost which is shown below:-

Standard cost = (Sold connectors × budgeted variable costs) + Fixed costs per month

= (77 × $150) + $5,500

= $11,550 + $5,500

= $17,050

Flexible budget variance for total costs = Actual cost - Standard cost

= $28,000 - $17,050

= $10,950 Unfavorable

8 0
3 years ago
The other day, you had to remember some items for an important exam. you are sure you studied them and knew them before you ente
ahrayia [7]
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2 years ago
Which of the following is the correct statement about fixed costs? The fixed cost per unit will decrease when volume increases.
Montano1993 [528]

Answer:

The correct statement is: "The fixed cost per unit will decrease when volume increases."

Explanation:

Total fixed costs remain the same within a relevant range, but the <em>fixed cost per unit</em> decreases as production increases, because the same fixed costs are spread over more units produced.

6 0
3 years ago
What is the maximum amount you would pay for an asset that generates an income of $250,000 at the end of each of five years, if
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250,000/1.08 + 250,000/1.08^2 + 250,000/1.08^3 + 250,000/1.08^4 + 250,000/1.08^5 = $998,177.51 is the correct answer

<h3>What is an asset?</h3>

An asset is a resource having economic worth that a person, organization, or nation owns or manages with the hope that it may someday be useful.

The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's value or improve the operations of the company.

Whether it's manufacturing equipment or a patent, an asset can be viewed of as anything that, in the future, can generate cash flow, lower expenses, or increase sales.

An asset is anything that can increase sales, lower costs, or generate cash flow, whether it be a patent or manufacturing equipment.

To learn more about asset, visit:

brainly.com/question/14404094

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3 0
1 year ago
The market risk premium is defined as __________. the difference between the return on an index fund and the return on Treasury
Paha777 [63]

Answer:

The difference between the return on an index fund and the return on Treasury bills

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The market risk premium explains critically the difference between an expected return on a given market portfolio and the risk-free rate.

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