Ask Question
BusinessBusiness
3 December, 12:56

Suppose JoePir, Incorporated imported $500,000 worth of Belgian chocolate to be resold in stores located throughout the United States. The value of this transaction is recorded in the:

+4
Answers (1)
  1. 3 December, 16:14
    0
    The correct answer is "recorded in the current account"

    Explanation:

    The current account is a great indicator of an economy's strength. It records the national transactions with the rest of the world, it trades goods and services and refers to exports minus imports, in other words, net current transfers over a defined period of time.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose JoePir, Incorporated imported $500,000 worth of Belgian chocolate to be resold in stores located throughout the United States. The ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
When Eleanor went to Letty's department store, she noticed that the price that rang up when she was billing was much higher than the price advertised on the shelf. This was the third time she experienced such a price difference at the store.
Answers (1)
Given the following financial data for Boston Technology, compute the firmâs degree of combined leverage. Assume a marginal tax rate of 40%.
Answers (1)
The next dividend payment by Dizzle, Inc., will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 4.50 percent, forever. If the stock currently sells for $49.50 per share, what is the required return
Answers (1)
In theory, protectionist policies will prevent some imports that might injure workers in several different ways: fewer jobs, lower wages, or poor working conditions.
Answers (1)
What type of tax system does the United States government use to collect income taxes? O Federal O Regressive O Progressive O Proportional
Answers (1)
New Questions in Business
7. Research on neurotransmitters indicates that:A) a single synapse generally uses several dozen neurotransmitters. B) neurotransmitters can inhibit neural impulse transmission.
Answers (1)
Intellectual property assets are A. depreciated B. depleted C. amortized D. Expensed
Answers (2)
Jane smith currently holds tax-exempt bonds of good samaritan health care that 7% interest. she is in the 35% tax bracket. her broker wants her to buy some beverly enterprises taxable bonds that will be issued next week.
Answers (1)
Julio decides his business will begin staying open until 7 p. m. instead of 6 p. m. The next day, the shop stays open until 7 p. m. This environment of flexibility to quickly change is characteristic of what form of business organization?
Answers (1)
Which of the following factors does not cause a shift in the labor demand curve? A. Changing technology. B. Changes in output prices. C. Changes in the wage rate. D. Changing input prices.
Answers (1)
Home » Business » Suppose JoePir, Incorporated imported $500,000 worth of Belgian chocolate to be resold in stores located throughout the United States. The value of this transaction is recorded in the:
Sign Up Forgot Password?