Answer:
TRADE DEFICIT
FOREIGN CURRENCY RESERVE DEPLETION
LOCAL CURRENCY DEVALUATION
RECESSION
POTENTIAL UNEMPLOYMENT
Explanation:
The problem that could develop if the U.S. became too dependent on other nations for goods and services are:
1. Trade deficit because when a country imports more than it exports it runs a trade deficit.
2. Foreign Currency Reserve Depletion: If the U.S. has to import so much from other countries, it will need to increase its foreign reserve because that is how it will pay for such imports. Otherwise the foreign reserve will be hugely depleted
3. Local Currency Devaluation. Reliance on exports can devalue the worth of the local currency because the demand of the foreign currency will be high in relation to local currency and people will be willing to pay more to get foreign currency, which will devalue the local currency
4. Recession: If the United States is reliant on OPEC countries for Oil and an embargo is placed on oil export from those, the U.S. will suffer a recession.
5. Potential Unemployment: Imports of finished goods will cripple local industries who will be forced to compete with the international firms whose goods and services are being imported; and those employed in such industries might loose their jobs, if the small local enterprises are unable to survive such competition.
Answer:
A) The current supply will shift to the left
Explanation:
The supply curve shifts to the left when the total quantity supplied decreases, which results in a price increase at any given quantity.
If everyone expects that the football team will have a great season, the quantity demanded for tickets will increase, which will increase their price. But the suppliers will also hold to their tickets until a day or two before the games to increase expectations and fans' anxieties. That way the price will increase even more, and they will make a higher profit.
<u>Environmental Scan</u> helps to uncover key trends in the marketplace.
<h3>What is an Environmental Scan?</h3>
This refers to the act of collecting information about an organization's internal and external environment with the purpose of helping management to take strategic decisions regarding the future of the entity or organization.
To collect such information, surveys are required.
See the link below for more about Environmental Scan:
brainly.com/question/5493365
Answer and Explanation:
The computation of the consolidated sales and cost of goods sold is shown below:
For consolidated sales
= Top reported sales + bottom reported sales + inter entity sales
= $906,000 + $319,000 - $138,000
= $1,087,000
And the cost of goods sold is
= Top reported cost of goods sold + bottom reported cost of goods sold - intra entity sales + ending gross profit unrealized
= $679,500 + $207,350 - $138,000 + $16,095
= $764,945
The ending gross profit unrealized is come from
= {1 - ($207,350 ÷ $319,000) × $138,000} × 35%
= $16,095
As an accountant, the bill of $100 for supplied bought from Walmart shall be verified, and a journal entry shall be made where the Supplies and Inventories shall be debited, and cash shall be credited.
<h3>What is a journal entry?</h3>
A systematic manner of recording the financial transactions of an organization in a chronological way, for the purpose of maintenance of accounting records, is known as a journal entry.
In case when an organization purchases inventories or supplies for cash payment, it is an expense for them, and thus it supplies balance is debited and cash balance will be credited.
Hence, the significance of journal entry for the given transaction shall be made in the manner as given above.
Learn more about a journal entry here:
brainly.com/question/20421012
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