Exporting products overseas is an example of a convertible trade fair trade. Thus, the correct option is A). a convertible trade fair trade.
<h3>What does the term export mean?</h3>
Export refers to the production of goods and services in one country but sold to a buyer abroad or in another country. It is the oldest forms of economic transfer of goods and services between different countries.
Export is the economic activity of exporting or selling the goods to the another country or across the border of a country.
Basically, exports lead to increased investment, technological advancement and market expansion which contribute to the economic growth.
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Answer:
Interest expense = $20,000
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest. </em>
The annual installment is computed as follows:
Annual installment= Loan amount/annuity factor
Annual installment is already given as = 37,258 (already given)
Interest payment = interest rate × Loan balance at the beginning of the year
DATA
Interest rate = 8%
Loan balance at the beginning of the year = $250,000
Interest expense = 8%× 250,000 = $20000
Principal paid = Annual installment - Interest = 37,258-20,000 = 17,258 <em>(this is not required but to explain the concept)</em>
Interest expense = $20,000
Answer:
€1.54/$1.00
Explanation:
When the bond sells at par, the implicit €/$ exchange rate pays €651.25 at maturity per €1000
651.25/1000= 1/x
Cross multiply
651.25x = 1000
x= 1000/651.25
x= 1.54
Hence the implicit exchange rate is €1.54/$1.00
Answer:
a. $1,965,000
Explanation:
The computation of total stockholders' equity is shown below:-
Paid-in capital from Treasury Stock = 1,800 × ($30 - $28)
= 1,800 × $2
= $3,600
Retained earning = $500,000 + $450,000
= $950,000
Treasury stock = ((3,000 - 1,800) × $28) + (3000 × 35)
= (1,200 × $28) + (3000 × 35)
= $33,600 + $105,000
= $138,600
Total stockholders' equity on December 31, 2007 = Common stock + Paid-in capital in excess of par value + Paid-in capital from Treasury Stock + Retained earnings - Treasury stock
= $900,000 + 250,000 + $3,600 + $950,000 - $138,600
= $2,103,600 - $138,600
= $1,965,000
So, we have applied the above formula.
Answer:
The correct answer is letter "C": a tie-in sale.
Explanation:
A tie-in sale is one where the purchase or rent of an object is only possible if another is also bought. Companies tend to use this practice to offer goods and services in bundles where all the products being sold are not necessarily of interest to the buyer but generates more profit or the seller.
