The U.S. balance of payments for 2012 shows ________
A) that automobiles and auto parts were the largest component of U.S. merchandise exports
B) the leading import for the U.S. was consumer electronics
C) the U.S. had a negative balance on services trade
D) the U.S. exports more goods to its major trading partners than it imports
A
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Wild West Fashion expects the total costs of goods sold to be $30,000 in November and $60,000 in December for one of its young adult suits. Management also wants to have on hand at the end of each month 10 percent of the expected total cost of sales for the following month. What dollar amount of suits should be purchased in November?
What will be an ideal response?
Motown Cellular bonds mature in 2 1/2 years with a face value of $1,000. They pay a coupon rate of 11% distributed semi-annually. If the required rate of return on these bonds is 14% what is the bond's value?
A. $938.50 B. 840.31 C. 1112.56 D. $940.14