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3 years ago

In an economy open to international trade ________.

Business

1 answer:

Serjik [45]3 years ago

4 0

Answer: D) saving equals investment as long as NX = 0

Explanation:

The last option was incomplete as it should have said ...NX = 0.

The Income/GDP of a country that is open to international trade is calculated as follows:

Income = Consumption + Investment + Government spending + Net exports

Y = C + I + G + NX

If NX = 0 then the formula becomes:

Y = C + I + G

Investment in this scenario is therefore:

I = Y - C - G

This is the same as savings as savings is calculated by subtracting consumption and government spending from the total income. This is because government spending is derived from taxes so the cash that people get to save is their income less than their taxes and consumption expenses.

S = Y - C - G = Y

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hello are anyone there with free time on there hands i need friends and dont go if i dont answer because my mom is well a mom an

Troyanec [42]

Answer:

ello

Explanation:

I'll be your fren if that's what cha asking :^

5 0

3 years ago

Read 2 more answers

Which of the following are microeconomic problems? (You may select more than one answer.)(a) Work/leisure choice.(b) Marketing s

Ksivusya [100]

Answer:

(a) Work/leisure choice

(b) Marketing strategy

Explanation:

Microeconomic issues relate to those that are within the scope and power of individuals, households and firms which means that problems here will relate to decisions that these participants make in relation to resource allocation.

Choices relating to leisure or work have to do with the individual and the resources they would need or derive from either work or leisure and so are a microeconomic problem.

The marketing strategy that a firm should pursue is related to an individual firm and so is a microeconomic problem as well.

8 0

4 years ago

the Bailey Brothers want to issue 20-year , zero coupon bonds that yield 9% .what price should it charge for these bonds if the

prohojiy [21]

Answer:

the amount charged is $178.43

Explanation:

The computation of the price charged is shown below:

As we know that

Future value = Present value × (1 + rate)^number of years

So,

Present value = Future value ÷ (1 + rate)^no of years

= $1,000 ÷ (1 + 0.09)^20

= $1,000 ÷ 1.09^20

= $178.43

Hence, the amount charged is $178.43

6 0

3 years ago

The following information is available for Montrose Company at December 31: Cash in bank account $ 8,540 Petty cash $ 250 Short-

ANEK [815]

Answer:

Cash $10,430 ; Cash equivalents $20,400

Explanation.

Cash consist of all currencies in hand or any convertible asset which can be converted to cash immediately.

It is to be noted that the assets with high liquidity will be included in cash and cash equivalent balance. They can quickly be converted to cash and would normally have 90 or lesser days to mature.

Solution.

Cash in bank. 8,540

Petty cash. 250

Check from customer. 1,350

Money order. 290

Cash. 10,430

The check has a very short maturity period since it will clear within 3-4 working days.

Money order can be cashed immediately .

Therefore;

Cash value is $10,430

For cash equivalent,

Cash equivalent = Money market fund balance + Treasury bills maturing in 60days

Cash equivalents = $10,400 + $10,000

=$20,400.

The amounts considered as cash and cash equivalents as of 31 December are ;

Cash $10,430 , $20,400 respectively.

8 0

3 years ago

On january 1, 2017, holland corporation paid $9 per share to a group of zeeland corporation shareholders to acquire 60,000 share

Illusion [34]

Answer:

Explanation:

a Consideration transferred by $540,000

Holland ($9.00 x 60,000 shares)

Fair value of the non-controlling 320,000

interest ($6.50 x 40,000 shares)

Total Zeeland fair value at January 1, 2017 $860,000

Zeeland book value at January 1, 2017 320,000

Excess acquisition-date fair over book value $540,000

To equipment (5-year remaining life) $50,000

To patent (10-year remaining life) 420,100 470,100

Goodwill $69,900

Goodwill allocation: Holland NCI

Acquisition-date fair value $540,000 $320,000

Share (60% and 40%) of identifiable * 474,060 316,040

net assets

Goodwill allocation $65,940 $3,960

*Zeeland identifiable net assets at acquisition-date fair value:

Current assets $15,700

Property and equipment ($329,700 + $50,000) 379,700

Patents ($212,100 + $420,100) 632,200

Liabilities (237,500)

Total fair value of net identifiable assets $790,100

b Investment in Zeeland

Initial value $540,000

Change in Zeeland’s RE × 60%

($439,400 – $220,000) × 60% 131,640

Excess amortization ($52,010 × 60% × 2 yrs.) (62,412)

Investment in Zeeland 12/31/18 609,228

HOLLAND CORPORATION AND ZEELAND CORPORATION

Consolidation Worksheet

For Year Ending December 31, 2018

Consolidation Entries Noncontrolling Consolidated

Accounts Holland Zeeland Debit Credit Interest Totals

Sales ($582,600) ($445,500) ($1,028,100)

Cost of 295,400 208,500 $503,900

goods sold

Depreciation 73,000 32,300 E 10000 115,300

expense

Amortization 15,700 19,300 E 42010 77,010

expense

Other operating 58,800 58,400 117,200

expenses

Equity in Zeeland -44,994 0 I 44994 0

earnings

Separate company ($184,694) ($127,000)

net income

Consolidated net income ($214,690)

Noncontrolling interest in CNI (29,996) 29,996

Controlling interest net income ($184,694)

Retained earnings ($821,900) ($342,400) S 342400 ($821,900)

, 1/1/18

Net income -184,694 -127,000 ($184,694)

Dividends declared 50,000 30,000 D 18000 12000 50000

Retained earnings, ($956,594) ($439,400) ($956,594)

12/31

Current assets $126,700 $98,500 $225,200

Investment in 609,228 0 D 18000 S 265,440

Zeeland, Inc

A1 250854

A2 65940

I 44994

Property and 854,000 276,000 A1 40000 E 10000 1,160,000

equipment (net)

Patents 152,400 168,500 A1 378090 E 42010 656,980

Goodwill 0 0 69900 69,900

Total assets $1,742,328 $543,000 $2,112,080

Liabilities -465,734 -3,600 -469,334

Common stock -320,000 -100,000 S 100000 -320000

Noncontrolling S 176960

interest

A1 167236

A2 3960 -348156 -366152

Retained earnings -956,594 -439,400 -956594

, 12/31

Total ($1,742,328) ($543,000) $1,045,394 $1,045,394 ($2,112,080)

liabilities and equities

6 0

3 years ago