A TV ad run by Miller Lite is a response to a controversial Bud Light campaign. Bud Light made headlines with the claim that its beer is healthier due to the lack of corn syrup. Miller responded with a parody of its competitor's campaign. This is an example of _______.

Answers

Answer 1

Answer:

Comparative advertising

Explanation:

In this comparative advertising strategy, the product of the company would be compared as the superior product with the competitor.

Since in the given situation, the miller lite compared its beer with the bud light

So this given situation represent the example of comparative advertising where the products of the two company are compared

Therefore the above represent the answer


Related Questions

arlson's general business credit (before limitations) for the current year is $99,500. His net income tax is $218,900, tentative minimum tax is $197,010, and net regular tax liability is $207,955. He reports no other Federal income tax credits for the year. Determine Carlson's general business credit allowed for the year, and any amounts that can be carried back and forward. If required, round your computations to the nearest dollar. Carlson's general business credit allowed for the year is $fill in the blank 1 and his unused general business credit of $fill in the blank 2 may be carried back or forward.

Answers

Answer: $21,890

Explanation:

The general business credit allowed for the year is the net income tax less the higher amount between the tentative minimum tax and the net regular tax liability after adjustments.

Adjustment to net regular tax liability:

= 25% * (Net regular tax - 25,000)

= 25% * (207,955 - 25,000)

= $45,738.75

Greater figure is the tentative minimum tax of $197,010

Business credit allowed is:

= 218,900 - 197,010

= $21,890

During the month of June, Indigo Boutique recorded cash sales of $274,990 and credit sales of $165,636, both of which include the 7% sales tax that must be remitted to the state by July 15. Prepare the adjusting entry that should be recorded to fairly present the June 3

Answers

Answer and Explanation:

The journal entry is shown below

Sales tax (($257,000 + $154,800) ×7%) $28,826

      To sales tax payable $28,826

(Being the sales tax expense is recorded)

Here the sales tax is debited as it increased the expense and credited the sales tax payable as it also increased the liability

The calculation is as follows;

= $27,4990 ×100 ÷ 107

= $257,000

And,

= $165,636 × 100 ÷ 107

= $154,800

Windsor, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined-benefit pension plan for the year ended December 31, 2021. 1/1/21 12/31/21 Accumulated benefit obligation $3,500,000 $1,610,000 Net (gains) and losses 1,400,000 140,000 Projected benefit obligation 6,650,000 6,860,000 Pension assets (at fair value) 3,500,000 4,025,000 The service cost component of pension expense for 2021 is $520,000 and the amortization of prior service cost due to an increase in benefits is $105,000. The settlement rate is 10% and the expected rate of return is 8%. What is the amount of pension expense for 2021

Answers

Answer:

$1,010,000

Explanation:

                 Calculation of Pension Expenses

Particulars                                                     Amount

Service cost                                                  $520,000

Add: Amortized prior service expenses     $105,000

Add: Settlement amount                             ($665,000) ($6,650,000*10%)

Less: Expected return                                 ($280,000) ($3,500,000*8%)

Pension Expense for 2021                         $1,010,000

A woman invests $5600 in an account that pays 6% interest per year, compounded continuously. (a) What is the amount after 2 years

Answers

Answer:

6292.16

Explanation:

5600x1.06=5936

5936x1.06=6292.16

Bing Corporation acquired two inventory items at a lump-sum cost of $120,000. The acquisition included 3,000 units of product LF, and 7,000 units of product 1B. LF normally sells for $30 per unit, and 1B for $10 per unit. If Bing sells 1,000 units of LF, what amount of gross profit should it recognize

Answers

Answer: $7,500

Explanation:

3,000 units of LF normally costs:

= 3,000 * 30

= $90,000

7,000 units of 1B normally costs:

= 7,000 * 10

= $70,000

Together they cost:

= 90,000 + 70,000

= $160,000

Use this to calculate the proportional cost of LF from the lump sum:

= 90,000 / 160,000 * 120,000

= $67,500

Cost per unit of LF purchased at lump sum cost:

= 67,500 / 3,000 units

= $22.50

Gross profit:

= (Selling price - Cost per unit) * 1,000 units

= (30 - 22.50) * 1,000

= $7,500

Red Co. had the following transactions through December 31: Cash proceeds from the sale of investment in Gold Co. stock $ 15,000 Dividends received on investment in Blue Co. stock $ 10,000 Repaid principal on a loan to the bank $ 35,000 Acquired investment in Yellow Co. stock $ 75,000 Proceeds from the disposal of factory equipment $ 12,000 What amount should Red report as net cash used by investing activities in its statement of cash flows for the period ended December 31

Answers

Answer:

Red Co.

The amount that Red Co should report as net cash used by investing activities in its statement of cash flows for the period ended December 31 is:

= $38,000.

Explanation:

a) Data and Calculations:

Investing activities section of the Statement of Cash Flows:

Sales of investment in Gold Co stock       $15,000

Dividends received on Blue Co. stock        10,000

Purchase of investment in Yellow Co       (75,000)

Proceeds from the disposal of equipment 12,000

Net cash used by investing activities      $38,000

Tying sales happen when Select the correct answer below: a customer is required to buy one product only if the customer also buys a second product. two or more products are sold as one. firms divide markets by allocating customers. an existing firm reacts to a new firm by dropping prices very low until the new firm is driven out of the market.

Answers

Answer:

a customer is required to buy one product only if the customer also buys a second product.

Explanation:

Tying sales means the circumstance in which a customer is needed to purchase other item so that he or she is able to acquire the commodity

So here it refers that the situation where the customer is needed to purchase one product only in the case when the customer also purchased the second product

Therefore as per the given situation, the first option is correct

Retail companies compete based on:


a) Customer service
b) Value
c) Price
d) All of the above

Answers

Answer: D. all of the above

Explanation:

Retail companies compete based on Customer service, Value and  Price(all of the above).

What is a retail company?

Retail companies are businesses that render the sale  of goods and provision of  services to customers for their consumption.

They typically sell items and services in-store and online, snce they are direct distributors to consumers.

Examples of retail companies  include

Walmart CostcoAmazon  

are known for clothing, drug, grocery, and convenience stores.

These companies compete for customers based on

the Value they renderbest price Customer service

Learn more about Retail companies here:https://brainly.com/question/17613245

Using the following selected items from the comparative balance sheet of Kato Company, illustrate horizontal and vertical analysis.
HORIZONTAL VERTICAL
ANALYSIS ANALYSIS
December 31, December 31, 2019 December 31, 2020 December 31, 2019
2020
Accounts
Receivable $720,000 $630,000
Inventory 450,000 360,000

Answers

Answer:

Kato Company

a. Vertical Analysis:

                      December 31, 2020   %       December 31, 2019   %  

Accounts

Receivable                  $720,000   61.5%                  $630,000 63.6%

Inventory                       450,000  38.5%                    360,000  36.4%

Total current assets  $1,170,000   100%                  $990,000  100%

b. Horizontal Analysis:

                      December 31, 2020 Change  December 31, 2019  

Accounts

Receivable                  $720,000     +14.3%                $630,000

Inventory                       450,000     +25%                    360,000

Total current assets  $1,170,000    +18.2%                $990,000

Explanation:

a) Data and Calculations:

                      December 31, 2020    December 31, 2019  

Accounts

Receivable                  $720,000                  $630,000

Inventory                       450,000                    360,000

Total current assets  $1,170,000                  $990,000

                      December 31, 2020   %       December 31, 2019   %  

Accounts

Receivable                  $720,000   61.5%(720/1,170)   $630,000 63.6% (630/990)

Inventory                       450,000  38.5% (450/1,170)    360,000  36.4%(360/990)

Total current assets  $1,170,000   100% (1,170/1,170) $990,000  100% (990/990)

                      December 31, 2020 Change               December 31, 2019  

Accounts

Receivable                  $720,000     +14.3% (720-630)/630      $630,000

Inventory                       450,000     +25% (450-360)/360         360,000

Total current assets  $1,170,000    +18.2%  (1,170-990)/990   $990,000

b) The vertical analysis of Kato's balance sheet items focuses on the relationships between the line items in a single reporting period, while horizontal analysis focuses on multiple reporting periods, reporting on the changes between the accounting periods.

Rover Corporation purchased a truck at the beginning of 2017 for $109,200. The truck is estimated to have a salvage value of $4,200 and a useful life of 120,000 miles. It was driven 21,000 miles in 2017 and 29,000 miles in 2018. What is the depreciation expense for 2018

Answers

Answer:

Annual depreciation= $25,375

Explanation:

Giving the following information:

Purchase price= $109,200

Salvage value= $4,200

Useful life in miles= 120,000

To calculate the depreciation expense, we need to use the units-of-activity method:

Annual depreciation= [(original cost - salvage value)/useful life of production in miles]*miles operated

2018:

Annual depreciation= [(109,200 - 4,200) / 120,000]*29,000

Annual depreciation= 0.875*29,000

Annual depreciation= $25,375

Where is the smallest pizza in Los Angeles located?

Answers

Answer:

DeSano Pizza Bakery

Explanation:

The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs are $8.00 per order, and Stein beer costs $.80 per six-pack (each case of Stein beer contains four six-packs). Orders arrive three days from the time they are placed. Daily holding costs are equal to five percent of the cost of the beer.
1. At what point should he reorder Stein beer?
A. 0 cases remaining
B. 4 cases remaining
C. 12 cases remaining
D. 16 cases remaining
E. 20 cases remaining
2. If he were to order 16 cases of Stein beer at a time, what would be the length of an order cycle?
A. 0.25 days
B. 3 days
C. 1 day
D. 4 days
E. 20 days
3. If he were to order 16 cases of Stein beer at a time, what would be the average inventory level?
A. 4 cases
B. 12 cases
C. 8 cases
D. 20 cases
E. 16 cases
4. If he were to order 16 cases of Stein beer at a time, what would be the daily total inventory costs, EXCLUDING the cost of the beer?
A. $2.00
B. $4.00
C. $1.28
D. $3.28
E. $2.56
5. What is the economic order quantity for Stein beer?
A. 8 cases
B. 11 cases
C. 14 cases
D. 20 cases

Answers

Answer:

1. C. 12 cases remaining

2. B. 3 days

3. A. 4 Cases

4. A. $2.00

5. B. 11 cases

Explanation:

4 cases of beer are sold everyday. The ordering cost is $8.00 per order,

Reorder point = Lead time * Units demanded per day

Reorder point = 3 days * 4 cases of beer = 12 cases remaining

Economic Order Quantity = [tex]\sqrt{\frac{2* Annual demand * Ordering cost}{Holding cost per unit} }[/tex]

EOQ = 11 cases

Purchase
Cash paid for equipment, including sales tax of $7,400 $155,400
Freight and insurance cost while in transit 2,960
Cost of moving equipment into place at factory 4,588
Wage cost for technicians to test equipment 5,920
Insurance premium paid during first year of operation on this equipment 2,220
Special plumbing fixtures required for new equipment 11,840
Repair cost incurred in first year of operations related to this equipment 1,924
Construction
Material and purchased parts (gross cost $296,000; failed to take 2% cash discount) $296,000 Imputed interest on funds used during construction (stock financing) 20,720
Labor costs 281,200 Allocated overhead costs (fixed-$29,600; variable-$44,400) 74,000
Profit on self-construction 44,400 Cost of installing equipment 6,512
Compute the total cost to be capitalized for each of these two pieces of equipment.
Purchase equipment $
Construction equipment $

Answers

Answer:

The total cost to be capitalized for each of these two pieces of equipment:

Purchase equipment = $180,708

Construction equipment = $678,432

Explanation:

a) Data and Calculations:

Purchase

Cash paid for equipment, including sales tax of $7,400 $155,400

Freight and insurance cost while in transit                            2,960

Cost of moving equipment into place at factory                   4,588

Wage cost for technicians to test equipment                       5,920  

Special plumbing fixtures required for new equipment      11,840

Total cost to be capitalized =                                           $180,708

Construction

Material and purchased parts (gross cost $296,000; failed to take 2% cash discount)                                  $296,000

Imputed interest on funds used

during construction (stock financing) 20,720

Labor costs                                          281,200

Allocated overhead costs:

Fixed                                 $29,600

Variable                             $44,400     74,000

Cost of installing equipment                 6,512

Total capitalized costs =                 $678,432

Cassidy Corporation is relocating its facilities. The company estimates that it will take three trucks to move office contents. If the per truck rental charge is $1,000 plus 25 cents per mile, what is the expected cost to move 800 miles

Answers

Answer:

thats a fast car

Explanation:

Sally took out a $70,000, 5-year term policy at age 45. The premium per $1,000
was $4.21. She will be 50 years old this year. The premium per $1,000 will be
$5.90. What is the percent increase?*
40%
45%
42%
52%
K

Answers

I’m sorry for making it happen again but it’s a not

Questlon 5 of 10 What is the source of funds for transactions completed with debit cards?



O A. The source varies by transaction
O B. Bank account
O C. Wages or salary
O D. Independent creditor​

Answers

The source of funds for transactions completed with debit cards is  wages or salary. Thus, option C is correct.

What are Debit card?

The account number for a debit card payment is directly connected to the cardholder's bank account. The whole cost of the purchase is instantly subtracted from the account balance of the customer. The issuing bank must verify that the cardholder has enough money to finish the transaction.

Debit cards, often called check cards or bank cards, are payment cards that may be used to make transactions instead of cash. The term "plastic card" refers to both the aforementioned and identification cards. Therefore, it can be concluded that option C is correct.

Learn more about Debit card here:

https://brainly.com/question/27350251

#SPJ1

Juan Martinez, a systems engineer at a construction machinery company, just received his performance appraisal from his boss, Emily Taylor. Although Juan has been mostly an average performer, Emily gave him below average ratings due to the fact that the person who Emily evaluated before Juan was Max Houser, an exceptional performer. This is an example of what type of rating error

Answers

Answer: Contrast

Explanation:

Contrast error is a type of rating error whereby how a target person is evaluated in a group is dependent and affected by how others perform in that group.

Contrast error is used in appraising the performance of an individual and the rating of a candidate will be affected by how the person before him or her was rated. Based on the question, Juan was rated below average because the person before him was given an exceptional rating.

A website such as Lucky Brand can target each of the following with remarketing, except:____.
a. individuals who visited the site from a different device than the device they are currently using.
b. visitors to Lucky Brand that placed an item in the shopping cart, but did not make a purchase.
c. visitors who have made a previous purchase.
d. individuals who visited the Lucky Brand website within a specific time period, such as within 30 to 90 days.

Answers

Answer:

a. individuals who visited the site from a different device than the device they are currently using.

Explanation:

In the case when the website like lucky brand would target the visitors who add the items in the shopping cart but didnot checkout, the visitors who have done purchase previously or the individuals who visited the website within a time period i.e. 30 to 90 days

but the individuals who visited the website not from the same device they are using right now does not represent the targeting

The marketing manager at Home Depot works with Hunt Advertising to coordinate all promotional messages for a product or a service. For example, to sell the new line of lighting fixtures, the marketing manager and Hunt Advertising make sure that all messages are consistent at every contact point at which Home Depot interacts with the consumer. This is an example of _______. a. AIDA model b. content marketing c. integrated marketing communications (IMC) d. promotional mix

Answers

Answer:

The answer is "Choice d"

Explanation:

The Advertising Mix is the integration of publicity, personal selling, advertising, and marketing. To maintain a sustainable mix of those promotional resources, advertisers need to look only at the following questions. It really is the company's promotional software. With the assistance of the marketing manager and a 3rd parties advertiser, they sell the offering.

The accumulation of accounting data on the basis of the individual manager who has the authority to make day-to-day decisions about activities in an area is called responsibility accounting. flexible accounting. master budgeting. static reporting.

Answers

Answer:

responsibility accounting.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

Managerial accounting also known as cost accounting is an accounting technique focused on identification, measurement, analyzing, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.

This ultimately implies that, managerial accounting is specific to a particular business organization i.e the managerial accounting model used by a company would be different from the one used by another.

In Managerial accounting, the departmental overhead rate method is an accounting technique used for calculating the expense rate for each department in the manufacturing (production) process of a factory. Thus, it is solely based on breaking up overhead costs for each department rather than a factory-wide rate. The unit of activities in each segment of a business firm or factory determines the departmental overhead rate.

Hence, responsibility accounting involves the accumulation of accounting data based on individual manager with the sole authority to make day-to-day decisions about activities in an area within an organization.

Kannitha is concerned about union organizing activities among her employees. She knows that one employee, Joao, is anti-union and not attending any of the organizing meetings. Kannitha asks Joao to start attending and to report back to her on what is happening so they can keep the union from forming. Joao does so and lets Lauren know what is being said at the meetings. It appears Lauren violated which of the NLRB’s NO TIPS rules regarding what management cannot do during labor elections.
A) no threats.
B) no interrogations.
C) no promises.
D) no spying.

Answers

Answer:

d

Explanation:

The tips rules reminds management what they cannot do during labour union elections. They include :

spying - this is secretly monitoring what is going on in labour union

Interrogations

threats

Sheryl Hansen started a business on May 1, 20--. Analyze the following transactions for the first month of business using T accounts. Label each T account with the title of the account affected and then place the transaction letter and the dollar amount on the debit or credit side.

a. Invested cash in the business, $3,100.
b. Bought equipment for cash, $500.
c. Bought equipment on account, $800.
d. Paid cash on account for equipment purchased in transaction (c), $300.
e. Withdrew cash for personal use, $700.

Answers

Answer:

Sheryl Hansen

T- Accounts

Cash

Account Titles                  Debit   Credit

a. Sheryl Hasen, Capital $3,100

b. Equipment                                 $500  

d. Accounts Payable                       300

e. Sheryl Hasen, Drawings             700

Sheryl Hasen, Capital

Account Titles                  Debit   Credit

a. Cash                                        $3,100

Equipment

Account Titles                  Debit   Credit

b. Cash                             $500

c. Accounts Payable          800

Accounts Payable

Account Titles                  Debit   Credit

c. Equipment                                 $800

d.  Cash                            $300

Sheryl Hasen, Drawings

Account Titles                  Debit   Credit

e. Cash                            $700

Explanation:

a) Data and Analysis:

a. Cash $3,100 Sheryl Hasen, Capital $3,100

b. Equipment $500 Cash $500

c. Equipment $800 Accounts Payable $800

d. Accounts Payable $300 Cash $300

e. Sheryl Hasen, Drawings $700 Cash $700

The crowding out effect: increases the multiplier effect, so that an increase in taxes reduces income by more. increases the multiplier effect, so that an increase in taxes reduces income by less. decreases the multiplier effect, so that an increase in taxes reduces income by more. decreases the multiplier effect, so that an increase in taxes reduces income by less.

Answers

Answer: decreases the multiplier effect, so that an increase in taxes reduces income by more.

Explanation:

The multiplier effect is the increase aggregate production in the economy due to an increase in spending by the government. A crowding out effect refers to when the spending by the government is at the expense of the private sector such that the private sector is unable to invest and grow.

The multiplier effect will therefore decrease as private investment slows. This leads to lower incomes for people as the economy is not expanding. If the government were to tax people at that point, it would take more of their income than less.

In a proposal to install and monitor a security system statements such as "our company has over 25 years of experience" should appear in what section

Introduction
Body
Closing
Appendix

Answers

Answer:

body

Explanation:

The answer is B. Body

What is the most powerful profit driver according to Nielson Co., a prominent marketing research company?


a) Effective management strategy
b) Effective financing strategy
c) Effective pricing strategy

Answers

Answer:

C

Explanation:

Effective Pricing Strategy

Which of the following is an example of a good with elastic supply in the short run?

Answers

Answer: passenger airplanes

Explanation:

what do pre-teen ducks hate?
will mark brainiest for right answer!
think hard.

Answers

Answer:

pre teen ducks hate voice quacks

Sunland Company incurred the following costs during the current year in connection with its research and development activities.

Cost of equipment acquired that will have alternative
uses in future R&D projects over the next 5 years (uses straight-line depreciation) $283,500
Materials consumed in R&D projects 55,700
Consulting fees paid to outsiders for R&D projects 117,000
Personnel costs of persons involved in R&D projects 137,500
Indirect costs reasonably allocable to R&D projects 45,700
Materials purchased for future R&D projects 32,700

Required:
Compute the amount to be reported as research and development expense by Sunland on its current year income statement. Assume equipment is purchased at the beginning of the year.

Answers

Answer:

Sunland Company

The amount to be reported as research and development expense by Sunland on its current year income statement is:

= $412,600

Explanation:

a) Data and Calculations:

Cost of equipment acquired that will have alternative

uses in future R&D projects over the next 5 years (uses straight-line depreciation) $283,500

Materials consumed in R&D projects 55,700

Consulting fees paid to outsiders for R&D projects 117,000

Personnel costs of persons involved in R&D projects 137,500

Indirect costs reasonably allocable to R&D projects 45,700

Materials purchased for future R&D projects 32,700

R&D Expenses for the year:

Depreciation of equipment ($283,500/5)                      $56,700

Materials consumed in R&D projects                               55,700

Consulting fees paid to outsiders for R&D projects       117,000

Personnel costs of persons involved in R&D projects  137,500

Indirect costs reasonably allocable to R&D projects      45,700

Total R&D costs for the current year =                       $412,600

Bonaime, Inc., has 7.7 million shares of common stock outstanding. The current share price is $62.70, and the book value per share is $5.70. The company also has two bond issues outstanding. The first bond issue has a face value of $71.7 million, a coupon rate of 7.2 percent, and sells for 89.5 percent of par. The second issue has a face value of $36.7 million, a coupon rate of 8.2 percent, and sells for 88.5 percent of par. The first issue matures in 22 years, the second in 14 years. The most recent dividend was $3.70 and the dividend growth rate is 8 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 30 percent.
What is the company’s cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Cost of equity %
What is the company’s aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Aftertax cost of debt %
What is the company’s equity weight? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)
Equity weight
What is the company’s weight of debt? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)
Debt weight
What is the company’s WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
WACC

Answers

Answer:

Bonaime, Inc.

1. The company's cost of equity = 5.90%

2. The company's after-tax cost of debt = 5.92%

3. The company's equity weight = 83.32%

4. The company's debt weight = 16.68%

5. The company's WACC = 5.9035%

Explanation:

a) Data and Calculations:

Common stock outstanding = 7.7 million shares

Current share price = $62.70

Book value per share = $5.70

Most recent dividend per share = $3.70

1. Cost of equity = Dividend/Current share price = $3.70/$62.70 = 5.90%

Value:

Book value = 7.7 million * $5.70 = $43,890,000

Market value = 7.7 million * $62,70 = $482,790,000

Bonds outstanding:           First Bonds      Second Bonds   Total

Face value =                     $71,700,000     $36,700,000    $108,400,000

Coupon rate                           7.2%               8.2%

Annual coupon payment  $5,162,400       $3,009,400          $8,171,800

Market value per bond         89.5%              88.5%

Market value of bonds    $64,171,500     $32,479,500       $96,651,000

Before tax cost of debt = $8,171,800/$96,651,000 = 0.08455

2. After tax cost of debt = 5.92% (0.08455 * (1 - 0.30))

3. The company's equity weight = Equity Market Value/Total Firm's Value

= $482,790,000/$579,441,000

= 83.32%

4. The company's debt weight = 1 - 0.8332

= 16.68%

5. The company's WACC = Cost of equity * Weight + Cost of Debt * Weight

= (5.90% * 83.32%) + (5.92% * 16.68%)

= (0.0590 * 0.8332) + (0.0592 * 0.1668)

= 0.04916  + 0.009875

= 0.059035

= 5.9035%

b) The costs of equity and debts are based on their market values instead of the book value.  The market values are always more relevant in capital decision-making than the book values.

Explain where in the U.S. balance of payments an entry would be recorded for each of the following:
a. A Hong Kong financier buys some U.S. corporate stock.
b. A U.S. tourist in Paris buys some perfume to take home.
c. A Japanese company sells machinery to a pineapple company in Hawaii.
d. U.S. farmers gave food to starving children in Ethiopia.
e. The U.S. Treasury sells a bond to a Saudi Arabian prince.
f. A U.S. tourist flies to France on Air France.
g. A U.S. company sells insurance to a foreign firm.

Answers

Answer:

a. This a capital inflow and it will be recorded in the capital account in the BOP in the BOP.

b. This is an imports of merchandise and it will be recorded under current account in the BOP.

c. This is also an import of merchandise and it will be recorded under current in the BOP.

d. This is an exports of merchandise and it will be recorded under current in the BOP.

e. This an outflow of capital and it will be recorded under capital accounts in the BOP.

f. This is a purchase or import of service and it will be recorded under current account in BOP.

g. This is a sale or export of service and it will be recorded under current account in the BOP.

Explanation:

Balance of Payment (BOP) refers to the statement in which every monetary transactions made between residents of a country and the rest of the world during a specific period are recorded.

Balance of payments records the inflows and outflows of capital which monitors under capital account, imports and exports of merchandise and service which are monitor under current account, and financial transactions.

Therefore, we have:

a. A Hong Kong financier buys some U.S. corporate stock.

This a capital inflow and it will be recorded in the capital account in the BOP in the BOP.

b. A U.S. tourist in Paris buys some perfume to take home.

This is an imports of merchandise and it will be recorded under current account in the BOP.

c. A Japanese company sells machinery to a pineapple company in Hawaii.

This is also an import of merchandise and it will be recorded under current in the BOP.

d. U.S. farmers make a gift of food to starving children in Ethiopia

This is an exports of merchandise and it will be recorded under current in the BOP.

e. The U.S. Treasury sells a bond to a Saudi Arabian prince.

This an outflow of capital and it will be recorded under capital accounts in the BOP.

f. A U.S. tourist flies to France on Air France.

This is a purchase or import of service and it will be recorded under current account in BOP.

g. A U.S. company sells insurance to a foreign firm.

This is a sale or export of service and it will be recorded under current account in the BOP.

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