Answer:
trade deficit
Explanation:
From the question, we are informed about Snowland and Pledza are neighboring countries. Pledza imports more products than it exports. Over the last decade, Pledza imports from Snowland have been rapidly increasing but not fast enough to offset the exports to Snowland. In this case we can say about Pledza has a trade deficit. trade deficit also known as "negative balance of trade" can be described as a method to measure international trade. It can be regarded as the amount by which cost spent on the imports in a country exceeds the cost of exports. We can calculate trade deficit by finding the difference in value of exports of country and its imports.
Answer:
Use a credit card and pay off something each month.
For example, a spotify membership with a student discount is $5 a month, these monthly payments will help increase your credit.
Explanation:
Answer:
Correct option is (a)
Explanation:
For any venture to be successful, it starts with a vision or idea. In this case, Greg is confident that he will be able to convince US Car manufacturers to purchase his fuel efficient car even though his friends were doubtful if his product will be accepted by car manufacturers.
He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.
It can be inferred that Greg has both vision and confidence
Answer:
see below
Explanation:
he farmers must have considered the ability to repay back loans when making the decision. The ability of a business to meet its current obligations is expressed by the current ratio.
The current ratio or working capital ratio communicates a firm's ability to repay debts as they become due. The higher the ratio, the better.
the current ratio is calculated as current assets/current liabilities
For Firm A,
current ratio =$150,000/ $125,000.
=1.2
For Firm B,
current ratio =$100,000/$75,000
=1.333
Firm B has a better current ratio than Firm A. Firm B is in a better position to repay loans compared to Firm A.
Answer:
Current Assets = $85,000
Explanation:
Anson Corporation
Balance Sheet (Partial)
As at December 31, 2018
Assets
Current Assets:
Accounts receivable $12,000
Inventories 40,000
Treasury Bill 30,000
<u>Prepaid insurance 3,000</u>
Total current assets $85,000
Prepaid insurance $6,000/2 = $3,000 is for current years. Therefore, $3,000 is a current assets. Since treasury bill is an investment and for 3 months, it is a current assets.
