Categorize each transaction according to the U. S. account to which it belongs and the direction the money flows.
Account
Direction of flow
An Australian company buys steel from a U. S. firm.
The Federal Reserve buys $2$2 billion worth of euros.
Profits are earned by a U. S. based mining company operating
in Mexico.
An English company purchases a U. S.
confectionary manufacturer.
Financial account
Payment from foreigners
Factor income
Payment to foreigners
Payment from foreigners
Current account
Financial account
Current account
Answers: 2
Business, 22.06.2019 11:10
Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.
Answers: 2
Business, 22.06.2019 14:20
Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
Answers: 1
Business, 22.06.2019 15:40
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
Business, 22.06.2019 16:40
Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do?
Answers: 2
Categorize each transaction according to the U. S. account to which it belongs and the direction the...
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Chemistry, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Biology, 17.09.2020 05:01
Social Studies, 17.09.2020 05:01
Social Studies, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
English, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01
Mathematics, 17.09.2020 05:01