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2 years ago

1. Define Trade, Import and Export 2. List items the U.S. imports and exports.

Business

1 answer:

jasenka [17]2 years ago

4 0

Answer:

food and clothing

Explanation:

import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.

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Tracey decides to lease a car for two years. She puts $0 money down and pays $209.15 per month. At the end of the lease, Tracey

Yanka [14]

Answer:

$16,019.6

Explanation:

The amount of money Tracey puts down for the car = $0

The amount Tracey pays each month for the lease the car = $209.15

The number of years Tracey leases the car = 2 years

The amount at which Tracey can buy the car at the end of the lease, Pp = $11,000

The selling price of the car today = $13,500

The total amount Tracey pays while leasing the car for two years, L = $209.15/month × 2 years × 12 months/year = $5,019.6

The total cost of the car if Tracey buys it at the end of the lease, C = Pp + L

∴ C = $11,000 + $5,019.6 = $16,019.6

The total cost of the car if Tracey buys it at the end of the lease, C = $16,019.6.

6 0

3 years ago

On January 1 of the current year, Anna and Jason form an equal partnership. Anna contributes $50,000 cash and a parcel of land (

VLD [36.1K]

Answer:

Option (C) is correct.

Explanation:

Given that,

Anna contributes = $50,000 of cash

Parcel of land:

Adjusted basis = $100,000

Fair market value = $150,000

The contributions are free from taxes and carryover basis is applicable; thus 100,000 basis in the land plus 50,000 cash basis.

Therefore,

Anna's tax basis for her partnership interest :

= Adjusted basis + Cash contribution

= $100,000 + $50,000

= $150,000

Hence, Anna has a $150,000 tax basis for her partnership interest.

6 0

3 years ago

On January 1, Year 7, Colorado Corp. purchased a machine having an estimated useful life of 8 years and no salvage value. The ma

shepuryov [24]

Answer:

D) $0

Explanation:

The depreciation method changed, but the previous depreciation expense has already been recorded and subject to taxes. Therefore the new straight line depreciation should start with the remaining asset value and calculate the depreciation expense for the remaining 6 years:

For example, if the purchase value was $1,200,000 (= $300,000 x 4), the remaining value would be $675,000 then the depreciation expense will be $112,500 per year during the next 6 years starting on year 9.

5 0

3 years ago

At January 1, Year 1, under its restricted stock unit (RSU) plan, Label Corporation grants RSUs representing 10,000 of its $1 pa

slamgirl [31]

Answer:

The number of shares that will be added to the denominator of diluted EPS for Year 1 is 6,000 shares

Explanation:

For computing the added shares, first we have to compute per year expenses, than repurchased shares, afterwards, final amount will be come

Per year expenses = (Number of shares × price per share) ÷ (Vesting period)

= (10,000 shares × $10) ÷ (5 years)

= $20,000

The remaining expenses after one year would be equal to

= Total expenses - annual expenses

= $100,000 - $20,000

= $80,000

Now the repurchased shares would be

= (Remaining expenses) ÷ (average market price)

= ($80,000) ÷ ($20)

= 4,000 shares

So, the diluted shares would be

= 10,000 shares - 4,000 shares

= 6,000 shares

4 0

3 years ago

In comparison with a financial statement prepared in conformity with generally accepted accounting principles, a managerial acco

adell [148]

Answer:

Be tailored to the specific needs of an individual decision maker.

Explanation:

A managerial account report is more likely to be tailored to the specific needs of an individual decision maker. This is usually In comparison with a financial statement prepared in conformity with generally accepted accounting principles,

The managerial account lays its focus on specific needs which the decision maker needs.

It doesn't do any of theses;

Focus upon the operating results of the most recently completed accounting period neither does it View the entire organization as the reporting entity.

7 0

3 years ago