What are the four invoices used in foreign trade?

In your initial post, you are to write to either the President (on fiscal policy) or to the Chair of the Federal Reserve (on mon

german

Answer:

The existing state of American economy must be declared earlier respondent the interrogation.

The U.S. financial position is vigorous in 2017.The value rate is in its perfect vary i.e., 2.4 (2-3%).Joblessness is at its ordinary proportion and there isn't an excessive amount of rise or decrease. Conversely, the value is predicted to descent to a pair of 2.1% in 2018 and 2.0 in 2019. Drop in value would cause decrease in GDP and growth in state.

To avoid this drop I will be able to inscribe to manager of Federal Reserve Bank to cut back the rate (expansionary financial policy).Federal reserve will try this by shopping for bonds. Once Federal Reserve purchases bonds the money offer increases and rate decreases. As rate decreases mixture demand and financial gain increases. With escalation in financial gain and mixture demand the value wouldn't decrease in 2018 and 2019.

I would not recommend an expansionary economic policy as a result of it increases the rate yet and thus results in situation out.

6 0

2 years ago

Welfare analysis: Basic concepts Identify whether each of the following statements best illustrates the concept of consumer surp

lianna [129]

Answer:

I sold a used laptop for $139, even though I was willing to go as low as $130 in order to sell it - producer surplus PRODUCER SURPLUS

Even though I was willing to pay up to $147 for a watch and even though the seller was willing to go as low as $137 in order to sell it, we couldn't reach a deal because the government imposed a tax of $16 on the sale of watches. - neither NEITHER

Even though I was willing to pay up to $47 for a jersey sweater, I bought a jersey sweater for only $39. - CONSUMER SURPLUS

Explanation:

Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell the product.

In this question, the producer surplus is $139 - $130 = $9

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.

In this question, the consumer surplus is $47 - $39 = $8

I hope my answer helps you

3 0

3 years ago

Check my workCheck My Work button is now enabledItem 15 Time Remaining 2 hours 27 minutes 1 second02:27:01 Exercise 8-16 Direct

Step2247 [10]

Answer:

Zan Corporation

Production Department

Quarters 1st 2nd 3rd 4th Total

1. Raw materials 50,000g 62,000g 54,000g 44,000g 210,000g

Purchased

2. Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

3. Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

4. Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

Explanation:

a) Data and Calculations:

Forecast Production

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Grams required 40,000g 64,000g 56,000g 48,000g 208,000

Beginning Inventory 6,000g 16,000g 14,000g 12,000g 6,000g

Raw materials purchase 50,000g 62,000g 54,000g 44,000g 210,000g

Ending Inventory 19,200g 16,800g 14,400g 9,600g

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Beginning Inventory cost 7,200 19,200 16,800 14,400

Total Cost of materials $67,200 $93,600 $81,600 $67,200

Cost of materials used $48,000 $76,800 $67,200 $57,600

Grams required by 1 unit 8 gm

Cost of 1 gm = $1.20

Ending Raw materials

25% of next quarter's 16,000gm 14,000gm 12,000gm 8,000gm

Accounts Payable

Beginning balance $2,880

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Cash Disbursement for purchases of materials:

Cash Payment: 1st 2nd 3rd 4th Total

60% quarter acquired 36,000 44,640 38,880 31,600

40% in ffg quarter 2,880 24,000 29,760 25,920

Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

Cost of direct labor:

Each unit requires 0.20 direct labor-hours at $11.50 per hour

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Total direct labor-hours 1,000 1,600 1,400 1,200 5,200

Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

7 0

3 years ago

When lofonift inc. introduced its flagship product, an mp3 player, it captured the market by offering its product at a very low

Luda [366]

PROFIT PERHAPS OR INCREASE IN SALES FOR THERE IS NO RIVALS ANYMORE AND HAVE TAKEN THEM OUT

7 0

3 years ago

On May 3, 2020, Culver Company consigned 60 freezers, costing $470 each, to Remmers Company. The cost of shipping the freezers a

Mnenie [13.5K]

Answer:

a) Valuation of Ending Inventory

The total cost of consignment = $28980

Cost of Freezers= 60 freezers *$470= $28200

Shipment Costs $ 780

Per unit Cost of Consignment= $28980 / 60= $ 483

The inventory value of the units unsold in the hands of the consignee

= (60 units - 30 units )* 483= $ 14490

b) Profit for the Consignor

Sales 30 units at $800 $24000

CGS 30 units at 483 14490

Gross Profit 9510

Less

Advertising $200

Total installation costs $350

Commision 6% of 24000= $ 1440 1990

Net Profit $7520

c) Remittance was made of $7520

4 0

3 years ago

What are the four invoices used in foreign trade?​

What are the four invoices used in foreign trade?