All categories

3 years ago

What are the 5 industries which comprise two-thirds of Houston’s total exports?

Business

1 answer:

Verdich [7]3 years ago

3 0

Answer:

Top 5 industries in Houston:

Petroleum and coal products.
Chemicals.
Oil and Gas extraction.
Construction and Mining machinery.
Plastics.

Other sectors supported by Energy sector.

Real Estate - oil workers are able to rent and buy houses.
Finance and Insurance - due to investments in the Energy industry as well as salaries enabling investments in other finance products.
Retail Trade - Employees in energy are able to afford goods and services offered by retail trade thereby supporting the sector.
Government - Huge taxes generated from energy sector jobs contribute to both the Federal and State governments.
Agriculture - As is the case in other sectors, energy sector employees spend a lot on food which props up the agricultural sector.
Construction - With the massive construction projects needed in the energy sector, the construction sector gains massively from interacting with the energy sector.

You might be interested in

Peter was hired as an external consultant to review the streamlining of production processes at a company. In his final report,

lutik1710 [3]

B is the correct answer because specialization of labor will result in higher productivity, which means each worker gives higher output each hour

8 0

3 years ago

Redline Editorial Services sent a $1,000 invoice to a customer for copyediting a booklet. According to the terms of the invoice,

viva [34]

Answer:

b. Cash discount.

Explanation:

The cash discount is the discount given by the company to its customers in order to pay the amount within the prescribed limit

Let us take an example 3/15 net 30

This means 3% discount is given if payment is made within 15 days and the total credit period allowed is 30 days

So as per given situation, the term of the invoice stated the same scenario as explains above

Therefore, it is a case of cash discount

7 0

3 years ago

State and explain the law of diminishing marginal return

Vlad [161]

In economics, diminishing returns is the decrease in the marginal output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.

3 0

3 years ago

On the first day of the fiscal year, Hawthorne Company obtained an $88,000, 7-year, 5% installment note from Sea Side Bank. The

olasank [31]

Answer:

Debit to interest expense for $4, 400

Explanation:

The journal entry is shown below:

Interest expense A/c Dr $4,400

Notes payable A/c Dr $10,808

To Cash A/c $15,208

(Being the due payment is recorded)

For due payment, we debited the interest expense and the notes payable account and credited the cash account as cash is paid for the first annual payment due on the note

4 0

3 years ago

As a result of a decrease in the demand for U.S. dollars, there has been depreciation in the value of the U.S. dollar relative t

Aleks [24]

Answer:

A. Todd, American, to visit Macedonia spring brew

Explanation:

Todd is a loser due to the depreciation of the U.S. dollar because now he will need more dollars to buy a comparative amount of South Korea won. His trip will now be more expensive.

An investment bank in South Korea, interested in purchasing U.S. government bonds - winner

The investment bank will exchange fewer wons for U.S. dollars than before. Buying government bonds will now be cheaper for them.

Goodyear, a firm based in the United States, sells car tires in South Korea - winner

Goodyear will likely sell more cars because for its South Korean customers, the cars are now cheaper since the value of the dollar has depreciated against the currency that they hold.

A family from South Korea visits relatives in the United States - winner

The South Korean family will exchange fewer wons for more U.S. dollars, making their trip cheaper.

A firm from South Korea sells handbags in the United States - loser

The handbags will now be more expensive for their American customers, likely causing a loss in sales revenue for the firm.

An electronics manufacturer in the United States, purchases a high tech company in South Korea - loser

The cost of the high-tech South Korean company is now higher for the American manufacturer because more dollars had to be exchanged for wons before the purchase.

4 0

3 years ago