1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
polet [3.4K]
2 years ago
6

Explain in more than 3 sentences why does the USA imports so much from China.

Business
1 answer:
mylen [45]2 years ago
8 0

The U.S. depends heavily on China for providing the low-cost goods that enable income-constrained American consumers to make ends meet. The U.S. also depends on China to support its own exports. Next to Mexico and Canada, China is America's third-largest and by far its most rapidly growing major export market.

You might be interested in
Geraths Windows manufactures and sells custom storm windows for three-season porches. Geraths also provides installation service
defon

Answer:

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

Cr Sales Revenue $1,846

Oct 15

Dr Cash $400

Dr Unearned Service Revenue $554

Cr Service Revenue $554

Cr Accounts Receivable $400

Explanation:

Preparation of the journal entries for Geraths in 2020.

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

($2400-$2000)

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

($600/$600+$2000*$2400)

Cr Sales Revenue $1,846

($2,000/$600+$2000*$2400)

Oct 15

Dr Cash $400

($2400-$2000)

Dr Unearned Service Revenue $554

Cr Service Revenue $554

($600/$600+$2000*$2400)

Cr Accounts Receivable $400

($2400-$2000)

5 0
3 years ago
Choose the best scenario for refinancing.
777dan777 [17]

Answer:

Correct Answer: The best scenario for refinancing is:

a. You have a current mortgage at 5% and have been approved for a new mortgage at 3.75%. You’ll break even on the closing costs in two years, and you don’t plan to move for at least five.

Explanation:

<em>This is because, being aware that you will break even on the closing cost in 2 years which is quite better when compared to no of years to stay (atleast five years) gives the person a competitive advantage.</em>

7 0
3 years ago
Which new password is the strongest alternative to the weak password: "ilovedogs"?
pickupchik [31]
D. because you Have Caps on all, a symbol, A lower case, and a number
3 0
3 years ago
Read 2 more answers
Compute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 perce
jekas [21]

Answer:

The present value is $938.82

Explanation:

Giving the following information:

Compute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year.

We need to discount the final value of $1,150 for each discount rate starting in year 3.

PV= FV/(1+i)^n

Year 3= 1,150/1.08= 1,064.81

Year 2= 1,064.81/1.07= 995.15

Year 1= 995.15/1.06= 938.82

The present value is $938.82

5 0
3 years ago
The sales manager meets with the accounting manager in order to clarify aspects of the sales compensation program. This meeting
Dima020 [189]

Answer:

The answer is Lateral communication.

Explanation:

Lateral communication describes the exchange of ideas or information between people who belong to a peer group, community, department or unit of an organization.

Such people must be of the same rank or hierarchical level and the purpose of the communication between them should be aimed at coordinating activities in order to achieve a common goal.

As you might have observed in the question, the sales manager and accounting manager are both mangers (the same hierarchical level) and belong to the same department of the organization.

4 0
3 years ago
Other questions:
  • Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax
    14·1 answer
  • AST Electrical provides the following cost information related to its production of electronic circuit boards. Per Unit Variable
    13·1 answer
  • Which of the following is not considered to be a liability? Answers: a. Wages Payable b. Unearned Revenues c. Accounts Payable d
    14·1 answer
  • Which best describes which careers would work in offices? O Marketing Information Management and Research, Distribution and Logi
    15·2 answers
  • Property risks are those
    8·1 answer
  • What are common characteristics of jobs in the Recreation, Amusements, and Attractions pathway? Check all that apply. part-time
    13·2 answers
  • A great feature of QuickBooks Online is that there are other lists you can utilize to make it easier to fill i forms Where would
    14·1 answer
  • Sales promotion is the promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activitie
    15·1 answer
  • Sally opened her own business and resigned from a job paying $25,000 per year. Her savings acccount pays 8% interest, but she wi
    5·1 answer
  • Type the correct answer in the box. Spell all words correctly.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!