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:
Standard Overhead rate is $1.25 per Direct labor hours
Explanation:
Total variable cost (2000 unit * $2.50) = $5,000
Total fixed cost = <u>$5,000</u>
Estimated Overhead cost = <u>$10,000</u>
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Estimated Direct labor hour = 2000 unit * 4 hours = 8,000 hours
Standard Overhead rate = Estimated overhead cost / Estimated Direct labor hour
Standard Overhead rate = $10,000 / 8,000 hours
Standard Overhead rate = $1.25 per Direct labor hours
Answer:
The cash payment is included in investing activity.
Explanation:
Items included in investing activity refers to assets that are used by the company, such as land, equipments and building.
A mortgage note payable is an example of a financing activity. Here the company has secured financing for it's acquisition by way of mortgage.
Answer:
1. 36
2. 16
3. 9
Explanation:
According to Henry Mintzberg, a who is known as a professor of Management of Studies. In his model commonly referred to as organizational configurations framework, he concluded that, managers averaged THIRTY SIX written and SIXTEEN verbal contacts per day with most of these activities lasting less than NINE minutes.
Hence, in this case, the correct answer is 36 : 16 : 9
Answer:
Financial account transactions are those that involve capital goods or purchases.
The Current account is for goods and services.
1. Australian company buys steel from a U.S. firm. -<u> Current Account. Payment from foreigners.</u>
This is a purchase of a good being steel and the payment was made by foreigners to a U.S. firm.
2. The Federal Reserve buys $2 billion worth of euros. <u>Financial Account. Payment to foreigners.</u>
This is a capital flow involving the purchase of another currency. It was done by paying foreigners.
3. Profits are earned by a U.S. based mining company operating in Mexico. <u>Current Account. Payment from foreigners.</u>
These profits were made from business operations offering goods and services so is for the current account. The profits was made from Mexico so is a Payment from foreigners.
4. An English company purchases a U.S. confectionery manufacturer. <u>Financial Account. Payment from Foreigners. </u>
The English company invested in owing the confectionery manufacturer so this is a capital transaction. It involved a foreign company paying a U.S. company so is a payment from foreigners.