between 1960 and 2016, the largest u.s. trade deficit (as a fraction of gross domestic product) was in:
Answers
Between 1960 and 2016, largest U.S. trade deficit (as fraction of the gross domestic product) was in 2006.
What is trade deficit?Trade deficit refers to situation in which a country imports more goods and services than it exports. This results in a net outflow of money from the country as it has to pay for the excess imports. A trade deficit means that the country is spending more on foreign goods than it is earning from its exports. This can result in a decline in the value of the country's currency and a reduction in domestic job opportunities. It can also impact the country's overall economic growth as it is relying on foreign products instead of relying on its own resources and industries. The trade deficit can be reduced by increasing exports and reducing imports through trade agreements, promoting domestic production and increasing competitiveness in the global market.
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Related Questions
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $334,000 and credit sales are $1,000,000. An aging of accounts receivable shows that approximately 5% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if the Allowance for Doubtful Accounts has a credit balance of $2,400 before adjustment?
A) Bad Debt Expense 26,000 Allowance for Doubtful 26,000 Accounts B) Bad Debt Expense 30,000 Allowance for Doubtful Accounts 30,000
C) Bad Debt Expense 17,000 Allowance for Doubtful 17,000 Accounts D) Bad Debt Expense 20,000
Allowance for Doubtful Accounts 20,000
Answers
The correct answer is C) Bad Debt Expense $17,000 Allowance for Doubtful Accounts $17,000. The adjusting entry is made to record the estimated bad debt expense based on the aging of accounts receivable.
Since the accounts receivable balance is $334,000 and 5% is estimated to be uncollectible, the estimated bad debt expense is $334,000 x 5% = $16,700. However, since the Allowance for Doubtful Accounts already has a credit balance of $2,400 before adjustment, the net adjustment needed is $16,700 - $2,400 = $14,300. This amount is recorded as Bad Debt Expense, which increases the expense, and Allowance for Doubtful Accounts, which increases the contra asset account. Hence, the correct adjusting entry is Bad Debt Expense $17,000 and Allowance for Doubtful Accounts $17,000.
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the basic objective of the market-directed economic system of the united states is to
Answers
The basic objective of the market-directed economic system of the United States is to allocate resources efficiently through the price mechanism. The market-directed economic system, also known as a capitalist system, is characterized by a decentralized approach to the allocation of resources.
A market system is where the price and quantity of goods and services are determined by the supply and demand forces of the market. The market-directed economic system in the United States is driven by the profit motive, which encourages businesses to seek profits by producing and selling goods and services at the highest possible price. In a market-directed economy, the role of the government is to create and enforce laws that protect property rights and ensure that market participants follow the rules of the game. The government also intervenes in the market to correct market failures that can arise due to externalities, information asymmetries, and public goods.
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approximately how much money per consumer will be spent on the super bowl this year?
Answers
The advertising revenue from the 2021 Super Bowl, for example, set a new high of $485 million USD. Meanwhile, a 30-second ad spot during the Super Bowl broadcast is expected to cost 6.5 million US dollars in 2022.
What is the average cost of a Super Bowl party?
This year, 103.5 million people intend to host or attend a party, while another 17.8 million intend to watch the game in a bar or restaurant.
For the day, total spending on food, drinks, clothing, decorations, and other purchases is expected to reach $16.5 billion, or $85.36 per person. According to the National Retail Federation (NRF), total spending on food, drinks, apparel, decorations, and other purchases for Super Bowl
Therefore, Sunday celebrations are expected to reach $16.5 billion, or $85.36 for each of the 192.9 million adults planning to watch the game.
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The rise or fall in the price of an item is an.example of which of the following?
O Inflation risk
O Personal risk
O Income risk
O Interest rate risk
Answers
Answer:
Inflation risk
Explanation:
I am taking a class this right now
Answer:
income risk
Explanation:
i do the test
1. When would a corporation make sense for a business, such as a construction company?
Answers
Answer:
when they can make profits
Explanation:
A corporation simply refers to a company that can be for-profit or non-profit that is authorized and recognized to act as a separate entity in law.
Thus, for a corporation to be categorized or make sense as a business it needs to fulfill the main objective of a business, which is profit-making. By so doing, the construction company would make sense for a business.
which of the following is a way to access the money in your checking account?
Answers
Answer:
a debit card, online banking, writing a check or withdrawing money at an ATM or a branch office.
Does anyone know when the next PS5 restock is? I'm trying to get one before the new Ratchet & Clank comes out.
Answers
Answer:
i know my mans aint come on brainly to knwo when the ps5 come out
anyways march 28
Explanation:
C-2. For each predictor variable, state the p-value and determine whether the predictor variable is significant in explaining Time
Answers
In linear models, predictor p-values provide a pointer to the statistical significance of a predictor coefficient value; they measure the likelihood that a randomly shuffled model could have produced a coefficient as large as the fitted value.
A low p-value (0.05) suggests that the null hypothesis can be rejected. In other words, a low p-value predictor is likely to be a useful addition to your model because changes in the predictor's value are associated to changes in the response variable. If the P-value is less than 0.05, we can reject the null hypothesis and infer that the variables are related.
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shel and fran are neighbors. they work at the same firm and hold the same title. shel finds that when fran's consumption rises, shel feels worse off. fran feels the same way about shel's consumption. fran has bought a new jaguar (a luxury car), and shortly thereafter, shel bought a new mercedes (also a luxury car). shel and fran seem to be
Answers
Fran feels the same way about shel's consumption. Shel and Fran are involved in a positional arms race. Thus, option (c) is correct.
This implies that they are vying for reputation or status by contrasting their levels of spending. Shel felt worse off after Fran got a new Jaguar, so he bought a new Mercedes to make up for it, indicating that they are aware of each other's actions and that their purchasing decisions are not independent.
Because people may spend money on items that do not necessarily increase their utility but instead help them preserve or advance their relative place in society, a positional arms race can lead to a wasteful and ineffective use of resources.
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Your question is incomplete, but most probably the full question was.
Shel and Fran are neighbors. They work at the same firm and hold the same title. Shel finds that when Fran's consumption rises, Shel feels worse off. Fran feels the same way about Shel's consumption. Fran has bought a new Jaguar (a luxury car), and shortly thereafter, Shel bought a new Mercedes (also a luxury car). Shel and Fran seem to be:
A) making independent rational consumption decisions.
B) unaware of the other's actions.
C) involved in a positional arms race.
D) imposing external benefits on each other.
If enforcement is aimed at buyers of an illegal good, the:
a. price falls and quantity bought increases.
b. price rises and quantity bought decreases.
c. price and quantity bought increase.
d. price and quantity bought decrease.
e. price change is uncertain and quantity bought decreases.
Answers
If enforcement is aimed at buyers of an illegal good, then the option (b) price rises and quantity bought decreases.
Enforcement is a crucial aspect of law enforcement and is used to deter people from engaging in illegal activities.
To see why this is the case, consider the basic principles of supply and demand. When enforcement is increased, the risk of being caught and punished for buying an illegal good increases.
As a result, the demand for the illegal good decreases, and the demand curve shifts to the left.
In summary, enforcement aimed at buyers of an illegal good has the effect of decreasing demand and increasing the price of the good.
This is because buyers are less willing to purchase the good due to the increased risk of being caught, while sellers continue to have an incentive to sell the good.
The result is a decrease in quantity bought and an increase in price.
Hence the correct option is (b).
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What the lkq price list
Answers
The LKQ price list is a comprehensive listing of the prices for various LKQ products, including parts for a wide range of makes and models of vehicles. The prices listed in the LKQ price list can vary based on several factors, including the type of part, the brand, and the location where it is being sold.
LKQ Corporation is a leading global provider of alternative automotive parts, including recycled and remanufactured mechanical and collision parts, as well as aftermarket wheels and accessories. The LKQ price list refers to the pricing information for these parts and products.
LKQ makes the LKQ price list available to its customers through its network of distribution centers and retail locations, as well as through its website and other channels. The LKQ price list is an important tool for individuals and businesses in the automotive repair and maintenance industry, as it provides the information needed to make informed purchasing decisions.
It's important to note that the LKQ price list can change frequently due to fluctuations in market conditions and other factors. Therefore, those using the LKQ price list should check for the most up-to-date pricing information to ensure they are making informed decisions.
In conclusion, the LKQ price list is a valuable resource for those in the automotive repair and maintenance industry, as it provides important information on the prices of LKQ's products and helps individuals and businesses make informed purchasing decisions. By staying informed about the LKQ price list, individuals and businesses can ensure they are getting the best value for their money when purchasing LKQ products
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Which physical quantity measures what fraction of the input energy a machine actually converts into output energy?
ОА.
kinetic energy
ОВ.
power
OC. efficiency
OD
acceleration
Answers
Answer:
The answer is A because kinetic energy and potential energy are linked together
Explanation:
Answer:
The correct answer is efficiency
Mandy used to work as a costume designer at her local theatre until she left work 3
years ago to bring up her daughter Natalie, now 4 years old. Mandy now works from
her house in Slough where she provides, makes and sells hand made glove puppets.
At the moment she sells at local craft fairs and through word of mouth. She now
wants to expand her business to include an on line shop and also to provide puppet
shows for children's parties and puppet making workshops for slightly older
children's parties.
1. Identify 2 reasons why Mandy may need to raise finance.
(2 marks)
2. Explain 1 advantage and 1 disadvantage to Mandy of taking out a bank loan.
(4 marks)
3. Mandy is considering applying for an additional mortgage on her house to
finance the business expansion. Do you think this is a good idea? Justify your
(9 marks)
answer.
Answers
Answer:
1. Mandy may need to raise a finance because she wants to expand her business, so therefore she may need extra money.
2. 1 advantage of taking out a bank loan is that she could build up her business with the money she’s taking out and the disadvantage is that her business may not work out or she won’t be able to pay the bank back
3. It may be a good idea to finance the business expansion because she may or may not grow her business after expanding it. But after expanding it there is possible chances of her business working out and growing more.
Explanation:
2.1.4 King Code D This shows the financial performance of a business for a financial year (4 X 1) = (4) 1.2 KINGSTON TRADERS The information relates to the financial year ended 29 February 2020. Goods are sold at a profit mark-up of 40% on cost. REQUIRED: Prepare the Income Statement (Statement of Comprehensive Income) for (46) the year ended 29 February 2020),
Answers
Both of these choices are correct as they are rightly presented.
KINGSTON TRADERS
Statement of Comprehensive Income
For the Year Ended February 29, 2020
Net income $140,000
Other comprehensive income $20,000
Comprehensive income $160,000
KINGSTON TRADERS
Income Statement
For the Year Ended February 29, 2020
Sales $625,000
Cost of goods sold $350,000
Gross profit $275,000
Operating expenses $135,000
Net income $140,000
Other comp. income $20,000
Comprehensive income $160,000
The terms "profit" and "income" are often used interchangeably in life. In corporate finance, however, those terms could have very different and specific meanings, depending on the context in which they are used.
while income does mean positive flow of cash right into a business, net income is something much more complex. profit is generally understood to refer to the cash that is left over after accounting for expenses. although each gross earnings and working profit fit this definition in the simplest sense, the kinds of income and expenses which are accounted for differ in important ways
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Bart, Inc., a newly organized corporation, uses the equity method of accounting for its 30% investment in Rex Co.'s common stock. During 20X5, Rex paid dividends of $300,000 and reported earnings of $900,000. In addition: The dividends received from Rex are eligible for the 80% dividends-received deduction. All the undistributed earnings of Rex will be distributed in future years. There are no other temporary differences. Bart's 20X5 income tax rate is 30%. The enacted income tax rate after 20X5 is 25%. In Bart's December 31, 20X5 balance sheet, the deferred income tax liability should be
Answers
Answer:
The right answer is "$9,000". A further explanation is given below.
Explanation:
The given values are:
Rex paid dividends,
= $300,000
Reported earnings,
= $900,000
Investment,
= 30%
Taxable rate applicable,
= 25%
Now,
Throughout the future years, the amount of dividends taxable will be:
= \((900,000 - 300,000)\times 30 \ percent\)
= \(180,000\) ($)
Dividends received deduction will be:
= \(180,000\times 80 \ percent\)
= \(144,000\) ($)
then,
Net taxable dividend will be:
= \(180,000-144,000\)
= \(36,000\)
hence,
Deferred tax liability will be:
= \(36,000\times 25 \ percent\)
= \(9,000\) ($)
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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EASY!! Please help!! 25 points
An entrepreneur wants to start a new business. She needs a huge amount of
capital to get started but is willing to divide the profits and control over the
company among a large group of investors. Which type of business would
best suit her needs?
A. Sole proprietorship
B. Partnership
C. Limited liability company
O D. Corporation
Answers
Answer:
Corporation
Explanation:
The type of business that would best suit the needs of the entrepreneur will be a corporation. Thus the correct answer is D.
What is an entrepreneur?An entrepreneur refers to a person who willing to start his own business based on creativity and innovation by taking a high risk to achieve some profit to improve the standard of living of people and makes life easy.
An organization whose investors choose a board of administrators to handle its functioning is called a corporation. The corporation is accountable for the business's financial and operational stability.
In this instance, when an entrepreneur wants to launch a new firm. She needs a significant amount of money to begin starting but is prepared to divide the company's revenues and control among a big number of investors considered as a corporation will be best suited to her needs.
Therefore, option D Corporation is appropriate.
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In the ______ approach, change is accomplished by persuading people that a change is necessary, providing data to support the argument, and justifying the need for change.
a) normative-reeducative
b) power-coercive
c) empirical-rational
d) environmental-adaptive
Answers
In the c) empirical-rational approach, change is accomplished by persuading people that a change is necessary, providing data to support the argument, and justifying the need for change.
The empirical-rational approach focuses on implementing change by presenting logical reasoning and empirical evidence to convince individuals of the need for change.
It involves providing data, facts, and rational arguments to support the proposed change and justify its necessity. This approach assumes that people are rational beings who will be convinced by the logical case for change.
It emphasizes the use of information, analysis, and persuasive techniques to gain acceptance and commitment from individuals involved in the change process. By presenting a strong case backed by evidence, the empirical-rational approach aims to overcome resistance to change and facilitate its successful implementation.
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why do you think that continuing to add employees, stops to be effective at a certain point ?
Answers
What does the IRS stand for?
(1 point)
A.Internal Revenue Service
B. nternational Revenue Service
C. Internal Reward Service
D. Internal Revenue Society
Answers
Answer:
its A
Explanation:
hope this helps and Mark me
The Consumer Financial Protection Bureau protects the interests of customers by ensuring that federal consumer-protection laws are enforced. True or False?
Answers
Answer:
true
Explanation:
The Consumer Financial Protection Bureau (CFPB) is a government agency that protects consumers' rights by:
enforcing consumer protection laws that prohibit financial institutions from practicing unfair, abusive, deceptive, predatory or discriminatory policies against its customers, e.g. redlining or charging higher interests based on race or gender.they get consumer complaints about unfair treatment from financial institutions and they investigate them.are a source of financial information about the services offered by financial institutions.are in charge of monitoring the activities of financial institutions and making sure that they do not affect consumers negatively.and others.Operations management is the management of:
Answers
designing and controlling the process of production and redesigning business operation in the production of goods and services.
Suppose peru decides to increase its production of emeralds by 2. what is the opportunity cost of this decision?
Answers
Suppose Peru decides to increase its production of emeralds by 2.
60 rubies are the opportunity cost of this decision
This is further explained below.
What does the opportunity cost?Generally, In the context of microeconomic theory, the opportunity cost of a certain action refers to the value or gain that is lost as a result of participating in that activity as opposed to participating in an alternative activity.
To put it another way, if you decide to participate in one activity rather than another, it indicates that you will not be able to take advantage of another chance.
In conclusion, Let's say Peru makes the option to boost the number of emeralds it produces by 2, the opportunity cost of this decision will be 60 rubies.
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Accroding to lapena what is the importance of the oral tradition?
to what extent do you agree with his opinions why?
Answers
Answer:
Oral tradition is a form of human communication that transmits knowledge, ideas, culture, thoughts, beliefs and other issues of social or ideological nature through verbal communication. Therefore, this was the main means of knowledge transmission in pre-literate societies, where older generations transmitted their knowledge to younger people, and also an important aspect in literate societies in parallel with written literature.
Therefore, since it is the first means of transmitting knowledge, and is still applied today in smaller social groups such as the family, oral tradition is a fundamental part in the construction of knowledge and people's identity.
The output variable of an Extract Structured Data activity contains company names and stock symbols. Which activity will return the company name for a specific input stock symbol?
Answers
The company name associated with the input stock symbol from the output variable containing both company names and stock symbols.
How Extract Structured Data activity contains company names and stock symbols?The activity that can return the company name for a specific input stock symbol is the "Get Row Item" activity. This activity can be used to extract a specific item from the output variable of the Extract Structured Data activity based on a specified input, such as a stock symbol.
By using the "Get Row Item" activity, you can retrieve the company name associated with the input stock symbol from the output variable containing both company names and stock symbols.
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What’s a situation in your family or school in which you think the needs of the many outweigh the needs of the few? Explain your Answer.
Answers
The duty to put the interests of the many ahead of the demands of the few, according to utilitarianism, applies even to those with whom one has personal relationships, such as friends and relatives.
Star Trek's heroes appear to agree, as they often prioritize personal loyalty over public responsibility. Bentham coined the expression "the greatest good for the greatest number." The concept was adopted by John Stuart Mill (1806 - 1873) and others, but Pinchot claims to have added "in the long run."
Foresters, as noted by Pinchot biographer Char Miller, are taught to think over vast time horizons. During the talks, it was suggested that Spock kiss Uhura instead (since Spock was part Vulcan).
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twelve weeks of demand data are given in the following table. calculate a 3-week wma, assuming the demand from three weeks ago is weighted as 25%, two weeks ago as 35%, and one week ago as 40%. what is the 3-week wma for week 6?
Answers
The 3-week WMA for week 6 is 1,375. The weighted moving average (WMA) is a forecasting method used to smooth out fluctuations in demand data.
In this case, we are given twelve weeks of demand data and asked to calculate a 3-week WMA using the given weights for each week. To calculate the 3-week WMA for week 6, we first need to determine the weighted average demand for the past three weeks.
We do this by multiplying the demand for each week by its corresponding weight and summing the results. The formula for calculating the weighted average is:
\(WMA = (w1 \times D1) + (w2 \times D2) + (w3 \times D3)\)
where:
WMA = weighted moving average
w1, w2, w3 = weights for each week (0.25, 0.35, and 0.40, respectively)
D1, D2, D3 = demand for each of the past three weeks
Plugging in the values from the table, we get:
\(WMA = (0.25 \times 1,000) + (0.35 \times 1,500) + (0.40 \times 1,500)\)
= 250 + 525 + 600
= 1,375
Therefore, the 3-week weighted moving average for week 6 is 1,375. The WMA provides a weighted average of past demand data, which can be useful in predicting future demand trends. By weighting more recent demand data more heavily, the WMA can help account for short-term fluctuations in demand.
However, it is important to note that the WMA is a simple forecasting method and may not be appropriate for all types of demand patterns. Other forecasting methods, such as exponential smoothing or regression analysis, may be more appropriate in certain situations.
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Complete Question:
content loaded
twelve weeks of demand data are given in the following table. calculate a 3-week wma, assuming the demand from three weeks ago is weighted as 25%, two weeks ago as 35%, and one week ago as 40%. what is the 3-week wma for week 6?
Week - Demand
1 - 800
2 - 1,400
3 - 1,000
4 - 1,500
5 - 1,500
6 - 1,300
7 - 1,800
8 - 1,700
9 - 1,300
10 - 1,700
11 - 1,700
12 - 1,500
QUESTION 6
Which method of evaluating capital investment proposals uses present value concepts to compute the rate of return from the net cash flows expected from capital investment proposals?
O a. Internal rate of return
b. Average rate of return
Oc Net present value
Od Payback period
Answers
A) The internal rate of return (IRR). The method of evaluating capital investment proposals that uses present value concepts to compute the rate of return from the net cash flows expected from capital investment proposals is option A) internal rate of return.
The IRR is a financial metric that determines the discount rate at which the net present value (NPV) of an investment becomes zero. It takes into account the timing and magnitude of cash flows associated with the investment project.
Option B, the average rate of return, calculates the average profitability of an investment over its useful life and does not specifically use present value concepts. Option C, net present value (NPV), calculates the present value of all expected future cash flows and compares it to the initial investment. NPV determines the value added or subtracted by the investment and is not specifically used to compute the rate of return. Option D, payback period, calculates the time required for an investment to recover its initial cost and does not consider the time value of money or present value concepts.
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True or False. A stockbroker is always required to act in a client's best interests and is held to a fiduciary standard.
Answers
Answer: true
Explanation:
Describe the different types of social, cultural, and political identities. How do these identities influence and structure attitudes toward politics? (See, for example, differences in opinion among genders, religions, or parties.) What are the partisan patterns evident in these different identities? How do these partisan patterns change over time? please answer step by step as the like question.
Answers
Different types of social, cultural, and political identities shape attitudes toward politics. These identities include gender, religion, and partisanship.
Gender plays a significant role in shaping political attitudes, with studies showing variations between men and women on issues such as social welfare, military intervention, and reproductive rights. Religious identity also influences political attitudes, as individuals may align their beliefs with certain religious teachings. Partisanship, or affiliation with a particular political party, strongly shapes political attitudes, with party members often adopting the positions and values of their party.Attitudes toward politics vary among different identities due to a combination of factors. Socialization plays a crucial role, as individuals are influenced by the values and norms prevalent in their social and cultural groups. For example, religious teachings may shape attitudes toward issues like same-sex marriage or abortion. Additionally, experiences and life circumstances can shape political attitudes. For instance, individuals belonging to marginalized groups may have different perspectives on policies related to social justice and equality.Partisan patterns are evident within these different identities. People with similar identities tend to align with specific political parties that they believe represent their interests and values. For example, religious conservatives often lean toward conservative parties that emphasize traditional values, while secular individuals may align with more progressive parties advocating for social change. These partisan patterns can influence policy preferences and voting behavior within these identity groups.Over time, partisan patterns within social, cultural, and political identities can evolve. Societal changes, cultural shifts, and political events can reshape the political landscape and alter party affiliations. Demographic changes, such as generational shifts, can also impact partisan patterns. For instance, younger generations might hold different attitudes toward issues like climate change or social equality compared to older generations, leading to changes in partisan preferences.
In summary, social, cultural, and political identities play a significant role in shaping attitudes toward politics. These identities, including gender, religion, and partisanship, influence individuals' perspectives on various political issues. Partisan patterns within these identities can change over time due to societal shifts, cultural changes, and demographic factors. Understanding these dynamics helps in analyzing political attitudes and predicting political behavior.
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