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svet-max [94.6K]
3 years ago
14

Should the U.S. trade with Canada? If so, what should be imported and what should be exported?

Business
1 answer:
Darya [45]3 years ago
4 0
Nah I don’t think the us really needs to trade with Canada
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Pharoah Company accounting records show the following at the year ending on December 31, 2022.
gregori [183]

Answer:

$ 708,420.00  

Explanation:

The formula for cost of goods sold is given below

Cost of goods sold=beginning inventory +purchases +freight-purchase discounts-purchases allowance and returns-ending inventory

Cost of goods sold=$42,000+$724,020+$15,600-$11,900-$10,700-$50,600=$ 708,420.00  

The purchases discount and purchase returns reduce the value of purchases made hence deducted.

The ending inventory is left in stock as a result is also deducted

8 0
3 years ago
The country of Meditor, a small country with a closed economy, uses the merit as its currency. Recent national income statistics
Pachacha [2.7K]

Answer:

d. $390 million merits and $110 million merits

Explanation:

The computation of the consumption and the government expenditure is shown below:

As we know that

Budget Surplus = Taxes - government expenditure

$40  = $150 - government expenditure

So, the government expenditure is $110 million

In addition,

Gross domestic product = Consumption + investment + government expenditure + net exports

$600  = Consumption + $100 + $110  + $0

So, the consumption is

= $600  - $100  - $110

= $390 million

We simply applied the above formulas in order to find out the consumption and government expenditure

7 0
3 years ago
The president of Nash Company is considering a proposal by the factory manager for the purchase of a machine for $72,500. The us
n200080 [17]

Answer:

B. $2,190

Explanation:

Calculation for the net present value of the proposal

Using this formula

Net present value=(Annual cash flow×Discounted present value)- Machine purchase amount

Let plug in the formula

Net present value=($14,000 ×5.335)-$72,500

Net present value=$74,690-$72,500

Net present value= $2,190

Therefore the Net present value will be $2,190

6 0
4 years ago
Sole Purpose Shoe Company is owned and operated by Sarah Charles. The company manufactures casual shoes, with manufacturing faci
IgorLugansk [536]

Answer:

1. The reason Sarah might want to use standard costs to compare with her actual costs is:

a. Management can evaluate the differences between standard costs and actual costs to focus on correcting the cost variances.

2. Drawbacks of using Standard Costs are:

c. Standards limit operating improvements because employees may be discouraged from improving beyond the standards.

d. Employees may focus only on efficiency improvement and their own operations rather than considering the larger objectives of the organization.

e. Standards may become "stale" in a dynamic manufacturing environment.

Explanation:

Standard costs encourage the pursuit of management goals.  They are the costs that should be under a particular type of circumstances.  They are usually compared with actual costs to determine their differences or variances.  Their use helps management to focus on how to improve overall performance.

5 0
3 years ago
Which of the following is generally true about financial intermediaries?
Viefleur [7K]

Answer:

B) Intermediaries provide information to savers and investors.

Explanation:

The other options are incorrect,

A) Intermediaries decrease the level of risk for investors

C) Intermediaries channel money from savers to investors

D) Intermediaries are private agencies

6 0
3 years ago
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