When a country exports more than it imports, it has a(n)
A. trade deficit.
B. favorable balance of trade.
C. unfavorable exchange rate.
D. unfavorable balance of trade.
E. unfavorable balance of payments.
Answer: B
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Intransigence is defined as a party's unwillingness to move to any fallback position through concession or compromise.
Answer the following statement true (T) or false (F)
When computing profit on an after-tax basis, it is necessary to divide the pretax profit by the effective tax rate
Indicate whether the statement is true or false
Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to ending inventory using LIFO.DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory150 units @ $10.00 5Purchase220 units @ $12.00 10Sales 140 units @ $20.0015Purchase100 units @ $13.00 24Sales 90 units @ $21.00
A. $2,460 B. $2,590 C. $5,440 D. $2,860 E. $2,980
Which one of the following statements regarding the economic order quantity (EOQ) is TRUE?
A) The EOQ model combines several different item orders to the same supplier. B) If an order quantity is larger than the EOQ, the annual holding cost for cycle inventory exceeds the annual ordering cost. C) The EOQ model assumes a variable demand pattern. D) When the interest rate drops, the inventory holding cost decreases and the EOQ decreases.