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4 years ago

The terms of trade reflect the:

Business

1 answer:

WITCHER [35]4 years ago

4 0

Answer:

The correct answer is option b.

Explanation:

The terms of trade is the ratio at which two countries exchange their goods. It is the ratio of exports and imports of a country. Terms of trade reflect the health of the economy.

It measures the number of goods a country can import in exchange for the goods it is exporting.

An increase in the price of exported goods will increase the terms of trade for a country. While an increase in the price of imported goods will cause it to decline.

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Concord Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were

nexus9112 [7]

Answer:

$2,317,000

Explanation:

The computation of the weighted-average accumulated expenditures for interest capitalization purposes is shown below:

For expenditure on March 1

= $1,932,000 × 10 months ÷ 12 months

= $1,610,000

On June 1

= $1,212,000 × 7 months ÷ 12 months

= $707,000

On December 31, it would be zero

So, the accumulated expenditures is

= $1,610,000 + $707,000

= $2,317,000

8 0

3 years ago

What are five foundations of economics? increasing trade between two countries makes everyone in those countries better off.

geniusboy [140]

The five foundations of trade are:

incentives
tradeoffs
opportunity cost
marginal thinking,
principle that trade creates value.

<h3>Why do we engage in trade?</h3>

There are five main foundations of trade that are the reason why people engage in trade. One of them is the profit incentive to make money from trade. Another is the tradeoffs that people are forced to make to survive.

Opportunity cost also leads to trade because people give up one thing for another and so may have to sell the thing they gave up to receive the thing they want. There is also the principle which posits that when we trade, value is created. Finally, there is marginal thinking which is thinking along the lines of the benefit of one additional unit.

Find out more on the foundations of trade at brainly.com/question/2710473

#SPJ1

5 0

2 years ago

Your brother, who is prone to bearing substantial risk, suggests that you buy a security for $10,000 that promises to pay you $1

astraxan [27]

Answer:

16.59%

Explanation:

First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage

Future Value = Present Value x (1 +i)∧n

where i = the annual rate of return

n= number of years or period

We then plug the given figures into the equation as follows

we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15

Therefore, the implied annual return or yield on the investment is

100,000 = 10,000 x (1+i)∧15

(1+i)∧15 = 100,000/10,000 = 10

1 + i = (10∧(1/15))=1.165914

i= 1.165914-1

= 0.1659

= 16.59%

5 0

3 years ago

EcoFabrics has budgeted overhead costs of $1,058,400. It has allocated overhead on a plantwide basis to its two products (wool a

N76 [4]

Answer:

cutting rate: 1.8 dollars

Desing rate: 390

<u>Cotton overhead allocated:</u>

201,600 cutting + 218,400 desing = 420,000

<u>Wool overhead allocated:</u>

201,600 cutting + 436,800 desing = 638,400

Explanation:

Cutting actvity

cutting cost pool: 403,200 dollars

base total machine hours: 224,000

activity rate 403,200 / 224,000 = 1.8 dollar

allocate to cotton: 1.8 x 112,000 = 201,600

allocate to wool: 1.8 x 112,000 = 201,600

Desing actvity

desing cost pool: 655,200 dollars

base total machine hours: 1,680

activity rate 655,200 / 1,680 = 390 dollars

allocate to cotton: 560 x 390 = 218,400

allocate to wool: 1,120 x 390 = 436,800

6 0

3 years ago

Reporting Financial Statement Effects of Bond Transactions Lundholm, Inc., which reports financial statements each December 31,

saw5 [17]

Answer:

Lundholm, Inc

Journal Entries

Date Account Titles Debit Credit

May 1, 18 Cash $500,000

Bonds payable $500,000

(To record the bond issuance)

31 Oct, 18 Interest Expenses $22,500

(500000*9%*6/12)

Cash $22,500

(To record payment of the first semiannual period’s interest)

Nov 1, 19 Bonds payable $300,000

Loss on Bonds $3,000

Cash $303,000

(To record retirement the bonds at 101 on November 1, 2019)

8 0

3 years ago