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sdas [7]
2 years ago
10

Indicate how each of the following transactions affects U.S. exports, imports, and net exports.

Business
1 answer:
Oxana [17]2 years ago
7 0

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

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Yes, you do have to file a tax return
6 0
3 years ago
Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,400 cash and
adelina 88 [10]

Answer:

Pose-for-Pics

1. T-accounts:

Cash

Date     Account Title               Debit     Credit

Aug. 1   Common stock       $7,400

Aug. 2  Prepaid insurance                   $3,000

Aug. 5  Office supplies                             970

Aug. 20 Photography Fees   4,231

Aug. 31 Utilities                                         765

Aug. 31 Balance                                  $6,896

Common Stock

Date     Account Title        Debit     Credit

Aug. 1   Cash                                 $7,400

Aug. 1   Photography equipment 34,400

Aug. 31 Balance             $41,800

Photography Equipment

Date     Account Title        Debit     Credit

Aug. 1   Common stock    $34,400

Prepaid Insurance

Date     Account Title        Debit     Credit

Aug. 1   Cash                   $3,000

Office Supplies

Date     Account Title        Debit     Credit

Aug. 1   Cash                    $970

Photography Fees

Date      Account Title        Debit     Credit

Aug. 20 Cash                                 $4,231

Utilities Expense

Date     Account Title        Debit     Credit

Aug. 31 Cash                    $765

2. Trial Balance

As of August 31

Account Title          Debit     Credit

Cash                     $6,896

Common stock                   $41,800

Equipment           34,400

Prepaid insurance 3,000

Office supplies         970

Photography fees                  4,231

Utilities expense      765

Totals                $46,031   $46,031

           

Explanation:

Before transactions are posted to the T-accounts (General Ledger) they are recorded in the General Journal.  The T-accounts summarize the transactions into various ledger accounts.  Periodically, the accounts are balanced and a trial balance is extracted to check if the posting is error-free.

6 0
2 years ago
All analysis of variance procedures require that the compared populations have equal variances.
nikdorinn [45]

Answer: b. False

All analysis of variance procedures <em><u>assume</u></em> that the compared populations have equal variances.

In all analysis of variance procedures, tests like F-test, Bartlett’s test, Levene’s test and Brown-Forsythe test are used to verify or test the assumption if k samples are from populations with equal variances.

When two or more populations have equal variances, we say that homoscedasticity or homogeneity of variances exist.

The F-test and Bartlett’s test yield best results only if the population is normally distributed. However, Levene’s test and Brown-Forsythe are known to yield good results for data that is not normally distributed.

7 0
3 years ago
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Paladinen [302]

Answer:

45 degree line

Explanation:

In the equilibrium in income and expenditure model, expenditure equals national income when the expenditure crosses the 45 degree line. This means that in income and expenditure being at equilibrium, it means that there is no shift, change, deviation from the outcome.

Expenditure below and above 45 degree is not in equilibrium as that means that government income is either less than or greater than the expenditure respectively.

Cheers

6 0
2 years ago
One potentially effective step in closing the pay gap that women can take immediately is to
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<span>One potentially effective step in closing the pay gap that women can take immediately is to speak up, ask for more money in a form of a raise. There has always been talk and truth behind why men get paid more for doing the same job that a woman is. Unfortunately, in most companies this is truth. Women know this but accept the pay they are given, if they wish to see change, ask for change. </span>

7 0
3 years ago
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