All categories

3 years ago

A deficit in a nation’s current account means:

Business

1 answer:

Marrrta [24]3 years ago

5 0

Answer:

B. it must have a deficit in its financial account as well

Explanation:

Current account deficit is the measure of the a country trade, a country imports and exports the goods. Net effect of both will be deficit or surplus.

If the Payment against the imports are higher than the receipts against the exports then there is a deficit.

If the Payment against the imports are Lower than the receipts against the exports then there is a Surplus.

You might be interested in

The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w

slava [35]

Answer:

Losses for the producers of Waterworld, if they finished the movie would be $50 million. If they did not finish the movie, losses would be $130 million.

Explanation:

This is because, the difference between all their expenses in making the movie and the revenue generated is actually $50 million. This happens to be their losses while on the other-hand, if they didn't finish making the movie, it would be $130 million (aside the cost spent in finishing the movie after rebuilding the set)

5 0

3 years ago

ompute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following informati

Salsk061 [2.6K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

1. We weren't provided with enough information to calculate the plantwide predetermined overhead rate. But, I can provide the information required as an example and the formulas necessary.

Estimated overhead= 1,200,000

Estimated machine-hours= 350,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,200,000/350,000

Predetermined manufacturing overhead rate= $3.43 per machine hours.

2. Job 400:

Direct materials $320

Direct labor cost $240

Machine-hours used 36

Total manufacturing cost= 320 + 240 + 36*3.43

Total manufacturing cost= $683.48

3. Job 400= 50 units

Unitary cost= 683.48/50= $13.67

4. Moody uses a markup percentage of 120% of its total manufacturing cost

Selling price per unit= 13.67*1.2= $16.404

4 0

3 years ago

If the price of good A decreases by 10 percent and the quantity demanded of good B increases by 10 percent, this is evidence tha

Lostsunrise [7]

Answer:

b. complement goods

Explanation:

Complement goods -

These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.

These type of good are also referred to as paired goods or associated goods .

In case of complement goods , if a person buys first good , then he might require the second good too.

These goods can even alters the prices of each other .

For example ,

people buying a CD player , need to buy the corresponding CD too , and hence ,

CD player and CD are complement goods.

Hence , from the given scenario of the question,

The correct option is b. complement goods .

A complementary good is a good whose use is related to the use of an associated or paired good. Two goods (A and B) are complementary if using more of good A requires the use of more of good B.

6 0

3 years ago

During January, its first month of operations, Marigold Company accumulated the following manufacturing costs: raw materials $5,

Fiesta28 [93]

Explanation:

The journal entries are as follows

1. Raw material inventory $5,100

To Account payable $5,100

(Being the raw material is purchased on account)

2. Factory labor $5,100

To Factory wages payable $1,700

To Payroll tax payable $2,900

(Being the factory overhead cost is recorded)

3. Manufacturing overhead $2,900

To Utilities payable $2,900

(Being the overhead cost is recorded)

6 0

2 years ago

Takisha Jorimoto works in finance for a small microbrewery. This week Takisha is working on a budget for the next 12 months. She

larisa [96]

Answer:

to follow her heart

Explanation:

and you will follow the steps

8 0

2 years ago