When a country has unfavorable balance of trade, it owes money to others (T/F)

Explain the advantages of a trade agreement and how it might impact a company like red fish-blue fish.

Allushta [10]

Favorable position to Red Fish, Blue Fish of having China as its sole wellspring of supply would be the cost of items and work. Since items and work abroad are a considerable measure less expensive than they are in the United States. This would be the most legitimate choice to make of having them as an accomplice. This choice could spare Red Fish, Blue Fish, LLP a considerable measure of cash over the long haul

6 0

3 years ago

Marvin sold 2,300 units of inventory during the month. ending inventory assuming weighted-average cost would be (round weighted-

juin [17]

Cost of Ending Inventory = $5,087

Ending inventory is the entire price of products you have available on the market at the quit of an accounting length, just like the stop of your economic year. it's an stock accounting approach that facilitates retailers benchmark net profits, acquire financing, and run accurate inventory assessments.

The basic formula for calculating ending inventory is: beginning inventory + internet purchases – cost of goods = finishing inventory. Our beginning inventory is the last length's ending stock. The net purchases are the gadgets you've got sold and brought for your inventory rely

Number of units sold = 2,300

Number of units in ending inventory = Number of units available for sale - Number of units sold

Number of units in ending inventory = 3,000 - 2,300

Number of units in ending inventory = 700

Cost of Ending Inventory = Number of units in ending inventory * Cost per unit

Cost of Ending Inventory = 700 * $7.267

Cost of Ending Inventory = $5,087

Learn more about ending inventory here:- brainly.com/question/24868116

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7 0

1 year ago

Using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500

pentagon [3]

Answer:kindly check attached picture for details

Explanation:

Using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500. The cost of the merchandise is $3,000. June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment.

6 0

4 years ago

The characteristics of ERP systems include all of the following except: Question 16 options: 1) Integrating the planning, manage

aleksandrvk [35]

Answer:

D Typically fitting an organiatins existing business processes

Explanation:

ERP are business process management soft wares. It allows the organization to use a system of integrated application to automate and mange the back office work related to services, human resources and technology.

It utilizes centralized database for business processes to simplify the workflow and reduce the manual labor. Such software have dashboards where the users can have a look at the real-time data that is collected from various business processes to measure profitability and productivity. Odoo, SAP Business One, SAP ERP and Microsoft Dynamics are some ERP soft wares.

7 0

3 years ago

What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities list

Ganezh [65]

Answer:

The impact on cash flow from operations in the current year based on the changes in operating assets and liabilities is:

a. -200

Explanation:

a) Data and Calculations:

Prior Year Current Year Changes

Accounts receivable 1,725 1,825 $100

Inventories 1,535 1,785 $250

Accounts payable 1,325 1,475 $150

b) Accounts receivable increased by $100, thereby reducing cash inflows. Inventories increased by $250, thereby reducing cash inflows. Accounts payable increased by $150, thereby increasing cash inflows. The net effect or impact is a reduction of $200 in the cash from operations.

5 0

3 years ago