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3 years ago

Which of the following is recorded in a country’s balance of payments accounts?

Business

1 answer:

nalin [4]3 years ago

3 0

Answer:

Considering there are no options to pick from, the following accounts are recorded in a country’s balance of payments accounts:

1. the current account

2. the capital account

3. the financial account.

Explanation:

Therefore;

1. The current account is part of the country’s balance of payments accounts to define the inflow and outflow of goods and services into a particular country.

2. The capital account is also a country’s balance of payments account that documents all the international capital transfers of a country.

3. The financial account is part of the country’s balance of payments accounts where the international monetary flows concerning the investment in the business, real estate, bonds, and stocks are fully recordsd.

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3<br>Hame and explain<br>of skills that should be possess by an entrepreneur <br>

vaieri [72.5K]

Answer:

1. Curiosity. Great entrepreneurs are tasked with identifying new problems, identifying potential niche opportunities, refactoring their existing business processes, and innovating. This necessitates a passion for various fields of study and business cases that are outside of one's comfort zone.

2. Time management. Prioritization, milestone definition, execution, and iteration are all critical. None of this would be possible without the proper project management and time allocation methodologies in place to complete the work.

3. Strategic thinking. Learning to break down a problem to its simplest components and identify growth opportunities. Inventive problem-solving and spotting the low-hanging fruit. Defining an MVP's scope and testing concepts in a short amount of time and on a tight budget.

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2 years ago

Chubbs Inc.’s manufacturing overhead budget for the first quarter of 2017 contained the following data.

r-ruslan [8.4K]

Explanation:

a. Manufacturing overhead Flexible budget report

Budget Actual Favorable (Unfavorable)

Variable cost

Indirect material $11,100 $14,900 $3,800 U

Indirect labor $11,000 $9,600 $1,400 F

Utilities $7,700 $9,100 $1,400 U

Maintenance $5,500 $4,800 $700 F

Total Variable cost $35,300 $38,400 $3,100 U

Fixed expenses

Supervisory Salary $36,700 $36,700 0

Depreciation $6,100 $6,100 0

Property, taxes $7,400 $8,500 $1,100 U

Maintenance $4,900 $4,900 0 U

Total fixed expense $55,100 $56,200 $1,100 U

Total controllable

cost $90,400 $94,600 $4,200 U

b. Manufacturing overhead Responsibility report

Controllable cost Budget Actual Favorable (Unfavorable)

Indirect material $11,100 $14,900 $3,800 U

Indirect labor $11,000 $9,600 $1,400 F

Utilities $7,700 $9,100 $1,400 U

Maintenance $10,400 $9,700 $700 F

Supervisory salaries$36,700 $36,700 0

Total $76,900 $80,000 $3,100 U

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2 years ago

Marks Consulting purchased equipment costing $45,000 on January 1, Year 1. The equipment is estimated to have a salvage value of

Tasya [4]

Answer:

B) Debit to accumulated depreciation for $22,500.

Explanation:

As for the information provided,

Depreciation under straight line method for each year = ($45,000 - $5,000)/8 = $5,000 for each year.

Depreciation for 4 years = $5,000 $\times$ 4 = $20,000

Depreciation in 5th year for 6 months = $5,000/2 = $2,500

Total depreciation till 1 July Year 5 = $20,000 + $2,500 = $22,500

Carrying value of equipment in books as on date of sale = $45,000 - $22,500 = $22,500

Sale price = $20,000

Profit or loss on sale of equipment = $20,000 - $22,500 = - $2,500

So therefore, there is loss of $2,500

Thus, option c and option d are invalid.

Further cash received on sale is debited and not credited thus, option a is also invalid.

As the total accumulated depreciation = $22,500

The correct entry will include debit to accumulated depreciation of $22,500.

Thus, option b is correct.

6 0

3 years ago

Competitive advantage __________. Question 2 options: information collected from multiple sources, such as suppliers, customers,

Alekssandra [29.7K]

Answer:

is a feature of a product or service on which customer places a greater value than they do on similar offerings from competitors.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.

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2 years ago

a contraction period is characterized by the following attributes: businesses that are operating lower productive capacity, unem

Goryan [66]

Economic cycle is defined as the fluctuations of the economy between the period of expansion and contraction.

There are four stages of economic cycle :

Expansion, peak, contraction, trough

Under the stage of contraction, the business flow is slow as low retail sales, prices, interest rates. The correction will takes place in this stage and economy started recovering in the next stage that is trough.

It is very important to insight the economic cycle for taking major decisions regarding investment and business.

This cycle goes in cyclic pattern.

The investors will invest more in the contraction period because rates were relatively low in this stage.

To know more about economic cycle:

brainly.com/question/1253307

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1 year ago