what is the name for goods and services produced in one country that are then sold in other countries?

Can anyone join my quiz code in explanation

Bezzdna [24]

Answer:

huh

Explanation:

where is it? I cant find it

7 0

3 years ago

B) Answer the following questions.

lana [24]

Answer:

Yes, agree, business transactions are economic transactions. Two reasons why:

Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.
Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.

6 0

3 years ago

15 points) Assume the following information regarding U.S. and European annualized interest rates: Currency Lending Rate Borrowi

Masja [62]

Answer:

The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

Explanation:

Bank Z borrow = €20 million

Spot rate 1€ = $1.13

Convert € in to $

€20 million *1.13 = $22.60 million

Lend $2,26,00,000 at interest rate of 6.73% for 90 days ( Assume total number of days in a year is 360)

= $2,26,00,000 + $2,26,00,000*(90/360)*6.73%

= $2,29,80,245

We need to find the euro to be repaid = €2,00,00,000 + €2,00,00,000*7.28%*(90/360)

= €2,03,64,000

To be repaid in $:-

€2,03,64,000*1.10 = $2,24,00,400

Profit from speculating in $ = $2,29,80,245 - $2,24,00,400

= $5,79,845

Therefore, The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

5 0

3 years ago

Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 cred

cestrela7 [59]

Delectable's financial statements will show Allowance for Doubtful Accounts of $1,000 on balance sheet and Bad debts expense of $950 on Income statement

Here, we are to determine the records of bad debts expenses on Income statement and Allowance for doubtful accounts on Balance sheet.

Bad debts expense = Estimated bad debts - credit balance in allowance account

Bad debts expense = $1,000 - $50

Bad debts expense = $950

Journal Entry

General journal Debit Credit

Bad debts expense $950

Allowance for Doubtful accounts $950

(Bad debts expense recorded)

The allowance for doubtful account will be $1,000. ($950+$10) because the Allowance for Doubtful Accounts had $50 credit balance.

See similar solution here

brainly.com/question/15201555

3 0

3 years ago

The following data are extracted from the stockholders' equity section of the balance sheet of Guthrie Corporation: 12/31/19 12/

Inessa [10]

Answer:

$14,800

Explanation:

We will get the Net Income by preparing Trial-account of Retained earnings.

Retained earnings

Cash dividend $7,500 Beginning balance $50,000

Stock dividend $5,000 Net Income $14,800 (Balance figure)

Ending balance $52,300

Total $64,800 $64,800

7 0

3 years ago