U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals.
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What is international trade?</h3>
International trade is the term for cross-border economic activity. Consumer products like televisions and apparel, capital goods like machinery, raw materials, and food are some of the things that are often traded. Other transactions involve services, like payments for foreign patents and travel services (see service industry). International financial payments, in which the private banking sector and the central banks of the trading nations play key roles, promote international trade transactions.
International trade and the associated financial transactions are typically carried out to give a nation the commodities it lacks in exchange for the abundant commodities it produces; these transactions, when combined with other economic policies, tend to raise the standard of living in a given country.
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Answer:
d. $44,700
Explanation:
The preparation of the Cash Flows from Operating Activities - Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $40,000
Add : Depreciation expense $8,000
Less: Decrease in accounts payable -$1,800
Add: Decrease in merchandise inventory $2,500
Less: Increase in accounts receivable -$4,000
Net cash flows from operating activities $44,700
The long term liabilities and the common stock is not relevant. Hence, ignored it
Question is incomplete. I will try to answer to the best of my ability.
Answer and Explanation:
The credit terms '3/15, n/60' and '2/10, n/30' mentioned in the question signifies the terms in which riverbed has sold its product to the buyer.
3/15, n/60 means that if the buyer pays with 15 days since the transaction takes place then the buyer would receive 3% on the receivable.
However, if they fail to pay within 15 days then the buyer would have to pay the full amount within 60 days.
Similarly, 2/10, n/30 means 2% discount within 10 days since the transaction took place. Otherwise full payment after 10 day.
Answer:
B) Thoughts anf Facts
Explanation:
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