The equity method of accounting for investments in voting common stock is most appropriate when: The investor's accountant is clever enough to apply the equity method. Only these times when the investor owns 10 to 49% of the voting stock. The investor intends to hold the common Stock indefinitely. The investor can significantly influence the investee. What situation requires one company to produce a consolidated financial statement with its investee? On January 1, 2014, Piedmont Inc. spent $200,000 to acquire 40% of the voting common stock of Taylor Company as a long-term investment. The data from Taylor's financial statements for the year ended December 31, 2014, include the following: Net income $150,000 Dividends paid $75,000 What should be the long term investment account balance for Piedmont at December 31, 2014? Show your calculations. Could the company's declaration of intent of their investments as "available for sale" rather than as "trading securities" possibly be used to manipulate reported income? Why or why not? What does an "other than temporary" (aka OTT) loss mean and what is an example of such event? Why would GAAP allow certain investments to be "written up" to their fair market value when, for virtually all other assets(inventory, property, intangibles), no "Write up" in value is allowed? In which financial statement, and in which section of that financial statement does "Accumulated Other Comprehensive Income" get disclosed?

Answers

Answer 1

Answer:yes it did

Explanation: the former calculations would be equaled to -35 so 45 celcuse north would be yes so its not negative.


Related Questions

kaylee, a real estate sales manager at crawford corp., sends all her subordinates a memo that explains the importance of real estate. in this case, kaylee is engaged in .

Answers

In this instance, Kaylee is involved in encoding when she writes a message to all of her employees explaining the value of real estate. Kaylee is a real estate sales manager at Crawford Corp.

What do you mean by sales?

A sale is an agreement between a buyer and a seller where a seller exchanges money for the sale of tangible or intangible commodities, assets, or services. There are typically two or more parties engaged in a sale. A sale or agreement between two or more parties, such as the buyer and seller, come to mind. Any transfers of money or value for the right to obtain a good or a service are considered sales in the context of regular commercial operations. Sales, as used in accounting, refers to the money received by a company through the sale of its products or services (net sales).

What is the role of a sales?

The sales representative is in charge of selling items and attending to customer needs while also seeking orders from current or potential sales outlets. A consumer wants to feel happy and well-cared for after making a purchase. In this way, they can open new accounts for their employer.

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rugs and more inc. believes that by producing its products in mexico, the company can take advantage of lower wage rates in that country. by pursuing such a strategy, rugs and more hopes to realize

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Rugs and more inc. believes that by producing its products in mexico, the company can take advantage of lower wage rates in that country. by pursuing such a strategy, rugs and more hopes to realize location economies.

What is meant by location economies?

The study of location-choice methods employed by businesses in monopolistically competitive environments is known as the economics of location.

Location economies are those that result from executing a value-creating activity in the area of the world that is most conducive to that activity. Businesses can by establishing location economies.

The core of economic geography and regional economics is location theory, which is also becoming more and more entwined with trade and industrial organization theories. Location theory is embedded in a global force field, particularly in light of the ongoing globalization process.

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the sales quantity variance is the same as the sales activity variance on a flexible budget performance report. TRUE OR FALSE

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False. The sales quantity variance and the sales activity variance are two different variances that are calculated and reported on a flexible budget performance report.

What is meant by the sales quantity variance?

The sales quantity variance is the difference between the budgeted sales volume for a given period and the actual sales volume for that period, multiplied by the budgeted contribution margin per unit. This variance measures the impact on profit of selling more or fewer units than expected.

What is meant by sales activity variance?

The sales activity variance, on the other hand, is the difference between the budgeted profit for a given period and the actual profit for that period, after taking into account the impact of the sales quantity variance. The sales activity variance measures the impact on profit of changes in sales mix, price, and efficiency.

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Computer memory chips are the same everywhere in the world. This means they are Multiple Choice insensitive highly sensitive nonsense sensitive to the foreign environment.

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Computer memory chips are the same everywhere in the world. This means they are highly sensitive. Option B

What are Computer memory chips?

A memory chip is an integrated circuit with millions of transistors and capacitors that can be used to process code or store data. Memory chips can store data either permanently or temporarily using read-only memory (ROM) or random access memory (RAM) (ROM).

Microchips called RAM chips are utilized as RAM storage in computers and other electronic devices. This is the real chip that is soldered onto tiny circuit boards to produce RAM cards or sticks, and depending on the model and manufacturer, it has varying performance and capacity ratings.

As the fundamental building block for RAM cards and other applications, it is the most fundamental and essential component of memory.

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use the security market line to determine the required rate of return for the following firm's stock. the firm has a beta of 0.80, the required return in the market place is 12.50%, and the risk-free rate of return is 3.50%.

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By using security market line, Required rate of return for the following firm’s stock = 3.5 +(12.50-3.50)*0.80 = 10.70%

What is meant by security market line?

The capital asset pricing model (CAPM), which displays varying levels of systematic, or market risk, of various marketable securities, plotted against the projected return of the entire market at any one time, is represented graphically by the security market line (SML), a line drawn on a chart.

What does SML slope mean?

The reward-to-risk ratio, which is equal to the difference between the predicted market return and the risk-free rate (rf), divided by the market’s beta, determines the slope of the securities market line (SML).

What are the key indicators of security market?

The Gross Domestic Product (GDP), inflation, labor market conditions, and consumer and investor activity are the four major market-moving indicators. Together with their individual places in the current stage of the economic cycle, these have a significant impact on the stock market.

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the acquisition of rights to affiliate or directly associate with a product or event for the purpose of deriving benefits related to that affiliation or association.Sponsorship

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the obtaining of affiliation or direct association rights with a thing or an occasion with the intention of reaping rewards from that association

Creating a range of ways to engage a target market with a brand is generally referred to as leveraging or bringing a brand to life.

Activation is the process of using various tools to engage a target audience in order to leverage or "live" a brand.

Which of the following methods will a company employ to reach its clients with its products?

Using the marketing mix in a marketing plan Merchandise, cost, location, and advertising The set of tactical marketing instruments that a business utilizes to elicit the desired response from its audience is known as the marketing mix.

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As a general rule, low-income countries are concentrated in the Global South, while high-income countries are found in the Global North. Select one: True False.

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The answer is true. Based on each country's Gross National Income, the World Bank assigns it economies certain income level. For low-income countries, the most recent categories (2022).

Vary from US$1045 or less to a maximum range of US$4096-US$12 695 for upper-middle-income countries. The phrase "Global South" is used to characterise nations with underdeveloped economies that struggle with issues including low per capita income, high unemployment, and a lack of valued capital. The cross-country studies show that globalisation has been accompanied by rising inequality within developing nations, which suggests that some of the gains in reducing poverty have been countered.

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which of the following are common crm metrics? group of answer choices sales metrics customer service metrics marketing metrics all of these choices are correct.

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Customer service is the common CRM metrics from the given following. As sales are completed, it might give context.

CRM metrics are important data elements that you should recognise and monitor while keeping your business objectives in mind. You might have numerous significant metrics you've established and wish to highlight to inspire your staff and assist explain your business's overall aims, depending on the state of your company and its general objectives. Workforce, strategy, processes, and technology are the four main pillars that support a successful CRM implementation. Each of these factors must be taken into account while designing any CRM process because, if they are, a CRM installation could fail. CRM software used correctly can increase revenue and customer engagement. By identifying crucial KPIs, you can grow your customer base, boost revenue, and improve your company's success.

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Business format franchises typically allow franchisees substantial flexibility in how they run their individual franchise units. T/F

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It is true. Franchises with a business model often provide their owners a great deal of latitude in how they manage their particular franchise units.

A franchisee may own and manage a set number of stores in a given region under the terms of an area franchise agreement. Commercial Format The most recognizable type is franchising. In a business format franchise, the franchisor not only offers its trade name, goods, and services to the franchisee, but also a full system for running the business.

You will have total control over how your work-life balance as a franchisee. Because of this, franchising is the ideal flexible career. You will get corporate help when you require it, but you will also be free to manage your business on a daily basis without interference.

Franchisees that choose a business model have access to proprietary systems and procedures they would not otherwise be able to utilize, as well as the right to use the franchisor's name.

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one of the effects of gas prices rising from about $2 to about $4 per gallon was airlines ordering new, fuel-efficient aircraft. t/f

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It is false that one of the effects of gas prices rising from about $2 to about $4 per gallon was airlines ordering new, fuel-efficient aircraft.

Some companies may be forced to reconsider their employment plans as a result of rising petrol prices, delaying because they are unsure about the state of the economy. Sales decline as a result of less discretionary expenditure, and this might affect a company's capacity to hire.

Quantity requested rises when the price declines. The Law of Demand is this. An inverse relationship is shown on a graph as a line that slopes downhill from left to right.

Americans who are already feeling the pinch from rising food, rent, and healthcare costs suffer from rising petrol prices.

A basic tenet of economics is that when there is more supply than demand for an item or service, prices decline. Prices typically increase when demand outpaces supply.

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tried to bring the excessive supply of bank notes under control by adopting a tight money policy that touched off the panic of 1819.

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To Jackson's supporters, the presidential veto of the bank bill was a principled assault on a bastion of wealth and special privilege.

What does a bank do, and why?

Despite the fact that banks do a variety of tasks, their main function is to gather deposits from individuals who have money, put them in a pool, and then lend the money to others who need it. Banks act as go-betweens for depositors (who lend funds to the bank) and borrowers (to whom the bank lends money).

Why is it known as a bank?

The word "bank" derives from the Italian word "banco," which means "a bench," since Italian merchants negotiated agreements to lend and borrow money next to benches during the Renaissance. They positioned the cash on the bench. Since the dawn of time, simple financial records have existed.

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during a strike, the employer loses production unless it can hire replacement workers, and even then, productivity may be reduced. t/f

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During a strike, the employer loses production unless it hires replacement workers, and productivity may be reduced. - True

During a strike, employees participating in the strike withdraw their labor to protest and seek to negotiate better working conditions, wages, or other issues with their employer. This can lead to a loss of production for the employer, as they do not have the usual workforce available to produce commodities.

If the employer decides to hire replacement workers during the strike, it may be able to continue some level of production. However, productivity may still be reduced due to the learning curve for the replacement workers, who may not have the same level of skills or experience as the striking employees. Additionally, the presence of replacement workers can often lead to tensions and conflicts within the workplace, which can further reduce productivity.

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Use the dividend growth model to determine the required rate of return for equity. Your firm has just paid a dividend
of $1.50 per share, has a recent price of $31.82 per share, and anticipates a growth rate in dividends of 4.00% per year for
the foreseeable future.
A)9.09%
B) 8.90%
C) 8.71%
D) There is not enough information to answer this question.

Answers

The needed rate of return for equities is calculated using the dividend growth model. For the foreseeable future, a dividend growth rate of 4.00% each year is 8.90%.

How does the dividend growth model strategy work?

a strategy based on the belief that dividend growth will always be consistent. The stock's value is equal to the dividends for the following year divided by the discrepancy between the needed rate of return and the dividend growth rate that is expected to be constant.

How can you determine growth rate by hand?

Growth rate = (Current value / Previous value) x 1/N - 1 is the formula. Add the current value to the previous value and subtract it: Subtract the prior value from the present value to obtain the difference between the two. The equation is Previous value - Current value = Difference.

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Callan Patel is in the 24 percent tax bracket. A non-taxable employee benefit with a value of $500 would have a tax-equivalent value of approximately: Group of answer choices $658. $528. $500. $360. $140.

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The tax rate for Callan Patel is 24%. An employee perk that is not taxable and has a value of $500 would be worth roughly: $658 for a selection of responses.

Which of the following statements most accurately sums up the usage of employee perks in tax preparation?

According to the Income Tax Act, employers may give employees fringe benefits that are not taxable advantages.

Which taxable fringe benefits are most prevalent?

a.Gains from non-statutory stock option exercise

b.Taxable earnings from restricted stock issuance or vesting

c.the phone provided by the employer

d.Gym subscriptions

e.The vehicle provided by the employer or a car lease

f.Housing stipend

g.Shifting costs

Which nontaxable fringe perks are most prevalent?

a.adoption support

b.Disability protection

c.Assistance with education 

d.stock options for employees 

f.Group term life insurance 

g.medical savings accounts

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perform work on a warranty claim 2. pay income taxes 3. purchase supplies 4. pay payroll taxes 5. borrow money for operations using a short-term note 6. process cash received in advance from customers 7. purchase inventory 8. pay employee salaries

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Our federal, state, and local governments depend on the money we pay in taxes to run smoothly and deliver essential services.

By "income tax," what do you mean?

Income taxes must be paid by both individuals and enterprises (or family units). Individual income taxes are computed based on the income received. It is sometimes referred to as a direct tax because the burden is placed on the person's operating costs. Activities; ongoing obligations

1.Work on a warranty claim and pay accrued warranties.

2. Pay Income Taxes That Have Accrued But Are Still Owed

3.Long-Term Notes Payable for Purchased Supplies

4.Pay Accrued Payroll Taxes and Payable Payroll Taxes

5.Borrow funds from an operation Notes due - Short Term

6. Handle money from consumers who paid in advance Unearned Revenue

7.Buy inventory Account Payable

8.Pay the salary of the employees who have accrued owed salaries

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Niyati, a department manager, has noticed that her employees are experiencing too many stressors. To prevent burnout, which of the following organizational strategies should Niyati implement?Eliminate the employee assistance programs.Recommend a holistic wellness approach.Increase the number and variety of job demands.Provide close, authoritative supervision.

Answers

Niyati, a department manager, has noticed that her employees are experiencing too many stressors. To prevent burnout, Niyati should option b, recommending a holistic wellness approach.

Holistic wellness initiates a sense of support and value to employees on a professional and personal level. A holistic wellness approach by an employer will generate a resilient and focused workforce. This will increase productivity, success, and creativity in the workplace.

It helps in retaining the employees for a longer time as the working conditions and workplace environment is supportive of the employee's wellbeing while aiding their professional growth. Some of the ways employers have adapted to holistic wellness are childcare benefits, flexible schedules, mental health support, and medical facilities for employees.

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Which approach should the dental assistant use
when exposing radiographic images on young
children?

Answers

The paralleling method is recommended by the American Association of Dental Schools and the American Academy of Oral and Maxillofacial Radiology because it provides the most accurate image with the least amount of radiation to the patient.

What are the two fundamental methods for exposing intraoral film?

Two fundamental intraoral techniques are covered in most references. The mandibular molars and some of the premolars are imaged using the parallel technique. The remaining teeth are treated with the bisecting angle method.

When exposing an occlusal image to children, what size film is used?

In most cases, bitewing exposures are best tolerated by children under the age of six. The larger (size 2) film is typically tolerated by children whose permanent molars have developed into occlusion. Because they provide more radiographic information for the same amount of exposure, size 2 films are preferred.

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a. in cell b23, enter a formula that subtracts the total profit of office supplies (cell b11) from the total profit of printing supplies (cell b19).

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Put a formula in cell b23 that subtracts the overall profit from printing materials (cell b19) from the total profit from office supplies (cell b11) .

What is the formula for the preceding?

Write =(B19-B11) in cell B23 after choosing it.

What do you mean by cells?

The grid-like boxes you see in an Excel spreadsheet like this one are called cells. On a worksheet, each cell is identifiable by its reference, the column letter, and the row number that meet at the cell's location. It is cell D5 since it is in column D and row 5. In a cell reference, the column is always listed first. There are exactly 10,48,576 rows and 16,384 columns in Excel 2007 and later versions (2010, 2016, etc.).

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In preparing a company's statement of cash flows for the most recent year, the following information is available:
Loss on the sale of equipment $ 14,200
Purchase of equipment 147,000
Proceeds from the sale of equipment 128,000
Repayment of outstanding bonds 88,000
Purchase of treasury stock 63,000
Issuance of common stock 97,000
Purchase of land 117,000
Increase in accounts receivable during the year 44,000
Decrease in accounts payable during the year 76,000
Payment of cash dividends 36,000
Net cash flows from investing activities for the year were:
$224,000 of net cash provided.
$136,000 of net cash used.
$136,000 of net cash provided.
$256,000 of net cash used.
$121,800 of net cash used.

Answers

According to the given company's statement of cash flows, the Net cash flows from investing activities for the year were $136,000 of net cash used. The correct option is (b).

What do you mean by the cash flow?

Cash flow refers to the quantity of money that a business gets or transfers to its debtors in the form of cash or cash equivalent. The liquidity condition of the business is frequently studied using cash flow analysis.

Fundamentally, a company's capacity to produce positive cash flows, or more specifically, its capacity to optimize long-term free cash flow, determines its ability to create value for shareholders (FCF).

FCF is the cash a company generates from its regular business activities after deducting any funds used for capital expenditures (CapEx).

Here,

Cash flow from investing = - Purchase of equipment - Purchase of land + Proceeds from sale of equipment's

Cash flow from investing = - $ 147, 000 - $ 117,000 + $ 128,000

Cash flow from investing = - $ 136,000

Therefore, the company's statement of cash flows, the Net cash flows from investing activities for the year were $136,000 of net cash used.

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When our brain process analyzes new situations based on past experiences that seem somehow similar to the new situations, occurs. a)causal ambiguity b)pattern recognition c)internal attribution d)social loafing

Answers

Pattern recognition occurs when our brain process analyzes new situations based on past experiences that seem somehow similar to the new situations. Thus option B is correct.

What is past experiences?

Our lives up until this moment have been shaped by our prior experiences. There are both good and bad things happening. Those are both one-time events as well as the routine activities we engage with on a daily basis.

Pattern recognition happens when our cognitive process compares novel situations to earlier ones that have some resemblance to the current one. The automatic detection of regularity and patterns in information is known as pattern recognition. It has uses in deep learning, biochemistry, data compression. 

Therefore, option B is the correct option.

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a registered nurse (rn) who passed their nclex-rn exam 5 months ago and is working in a rural emergency department (ed). their unit is short staffed, and their manager has determined that they are ready to progress to the charge nurse role, although they are relatively new to the nursing profession. today is the first time they have been in the charge nurse role. the nurse arrives on the unit at 6:30 am and places their belongings in their locker. they walk around the unit to see how things are going. soon, the night charge nurse signals to begin shift report. they go to the charge nurse office to receive report.

Answers

It is to be noted that given the above case, the element of the five rights of the delegation that is listed in the option is "task" (Option 2)

What are the five rights of Delegation?

The Five Rights of Delegation are:

Right task:Right person: Right communication: Right supervision:Right conditions:

The task being delegated is appropriate and within the scope of practice of the person receiving the delegation. The person receiving the delegation has the knowledge, skills, and abilities to safely and effectively perform the task. Clear and thorough communication is provided regarding the task, including any necessary instructions or guidelines.

The physical and environmental conditions are safe and conducive to the successful completion of the task.  The person delegating the task ensures that appropriate supervision and support are in place for the person receiving the delegation.

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Full Question:

Delegation of Nursing Management RN Case Study A registered nurse (RN) who passed their NCLEX-RN exam 5 months ago and is working in a rural Emergency Department (ED).

Their unit is short-staffed, and their manager has determined that they are ready to progress to the charge nurse role, although they are relatively new to the nursing profession. Today is the first time they have been in the charge nurse role. The nurse arrives on the unit at 6:30 am and places their belongings in their locker. They walk around the unit to see how things are going.

Soon, the night charge nurse signals to begin shift reports. They go to the charge nurse's office to receive reports. As Alex considers the unit assignments and tasks for the day, he thinks about the evidence-based guidelines for delegation.

Which elements are part of the Five Rights of Delegation?

(Select all that apply.)

supervision task circumstances instructions

!!NEED HELP ASAP!!
Michael Anthony is purchasing a $15 cake for his mothers birthday.

1. should he use his debit card or credit card?

2. using your answer to part 1, provide two reasons that support your choice.

Answers

As Michael Anthony is purchasing a $15 cake for his mothers birthday:

he can use a debit card to purchase the cake if he had $15 or more than in his checking account.he can use a credit card to purchase the cake if his credit service is available.

What is difference between debit card or credit card?

Basically, a debit card will only uses funds from your bank account while a credit card is linked to a credit line that can be paid back later mostly with an interest fee.

The difference is also that debit cards are linked to a bank account and draw directly from those moneys while credit card does not draw any money immediately and must be paid back in the future.

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The best answer that defines the meaning of interest is: Multiple Choice o The time it takes to pay back a loan. o A borrower's payment to the owner of an asset for its use. o The future value of a present amount. o Always considered a liability, o Always considered an asset.

Answers

The best answer that defines the meaning of interest is: The time it takes to pay back a loan. The future value of a present amount.

What is interest?

Interest can be defined as the amount that a borrower is expected to pay with the principal amount that was loan to him /her. This interest can tend to be inform of rate or percentage.

A borrower may tend to have a low or high interest rate and this tend to depend on the terms and condition of the lender.

Therefore the correct option is A,C.

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if inflation causes prices to rise but also income to rise, will optimal consumptions of quantities change?

Answers

based on expected income growth, the gap between a consumer who consumes smoothly and one who lives hand to mouth.

What does the consumption signify to a person?

Definition. A bacterial illness known as consumption, or more frequently "tuberculosis," often attacks the lungs of such a patient and results in a chronic wet cough, breathing problems, a fever, exhaustion, and sweating. It also significantly reduces weight loss, a fact that its historical term, consumption, comes from.

What is an illustration of consumption?

Although consumption can be characterized in a variety of ways, the final purchasing of items and services to individuals serves as the best definition. The cost of the new shoes, a cheeseburger at a fast food joint, or services like having your house clean, are examples of consumer goods.

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Janice is shopping for something to put on the floor of her dairy barn that won't cause the cows to slip but will clean it up a bit. She goes to Gabe's Farm Store and Gabe tells Janice that he has just the thing, a special rubber flooring that works well in dairy barns and has an anti-slip property to it. Based on Gabe's comments, Janice buys the floor covering and installs it. Right away, two dozen cows slip, fall, and are injured on the slippery rubber. Janice sues Gabe, contending that Gabe breached:

Answers

Janice is suing Gabe for breaching the duty of reasonable care. This duty requires that Gabe use ordinary care in making sure that the product he is selling is safe and fit for the purpose it is meant to be used for.

In this case, Gabe did not use reasonable care when he sold Janice the rubber floor covering, as it was not fit for the purpose it was intended for and two dozen cows were injured as a result. By failing to use reasonable care, Gabe breached his duty and is liable for the injuries to the cows.

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martine wants to sell her products in europe, since they are doing well in the united states. she does not have a lot of capital and is risk-averse, so she most likely would choose to begin withSelect one:
a. direct investment in another country.
b. exporting her products.
c. a strategic alliance with another company.
d. a joint venture with a local firm.
e. opening a franchise.
Answer: B. Exporting is the least financially risky global entry strategy, so Mary most likely would choose this route.

Answers

Martine wants to sell her products in Europe, since they are doing well in the United States. She does not have a lot of capital and is risk-averse, so she most likely would choose to begin with exporting her products.

The exporting is the selling of goods and services from one nation to another nation for the demanded goods and services. Exporting is the lowest financially risky in the global strategy. This can do Martine for sell her products,

To sell the products or goods on risk  without having lots of finance or money is the part of business risk management. It may be the chance to successful to sell the products and increase revenue.

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A cost is determined for each period, based on when the activities that make up the work package are scheduled to be performed, to create...
a. the time-phased budget.
b. an example budget.
c. an adjusted budget
d. the actual costs of the project.

Answers

Based on the times that the tasks that make up the work package are planned to be completed, a cost is calculated for each period and is stated below.

What is the blank's answer?

The time-phased budget is created by calculating a cost for each period based on the times that the tasks that comprise the work package are expected to be finished.

What does time-phased budget mean?

You can plan where to spend money in the months of the project's active fiscal cycle using a time-phased budget. To plan out your budget cost per cost item, you should be able to time phase your budget. Your spending is being distributed throughout the  project for each cost item.

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A/An ________ is a location column that receives information about all possible orientations within a given area of the retina.
a. supercolumn
c. hypercolumn
b. orientation
d. action

Answers

A/An hypercolumn is a location column that receives information about all possible orientations within a given area of the retina.

Which structure has cells that react to familiar faces the best?

The temporal lobe, which includes both cortical and subcortical components, showed larger responses to known faces than to new ones . Additional frontal lobe foci were found, along with one cluster in the posterior cingulate gyrus.

What kind of neuron, which is present in the eye, most likely controls vision?

Photoreceptors Rods and cones are the two primary categories of light-sensitive cells in the eye. Cones are in charge of color vision, while rods enable seeing in low light. Light is converted by photoreceptors into electrical signals that are transmitted to the optic nerve via additional retinal neurons.

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In 2017, the United States imported the greatest amount of its crude oil and petroleum products from __________.
Venezuela
Canada
Russia
Saudi Arabia
Mexico
Iraq

Answers

The majority of the crude oil and petroleum products that the United States bought in 2017 came from Canada.

What are the top 5 countries that the US imports crude oil from?

In 2021, the top five source nations for the United States' gross petroleum imports were Mexico, Canada, Russia, Saudi Arabia, and Colombia. Recall that the table's rankings are determined by gross imports by nation of origin. Due to independent data rounding, net import volumes in the table could not match gross imports minus exports.

Although the United States exports petroleum to 180 nations, Mexico and Canada are its two biggest export destinations. U.S. petroleum imports and exports have been significantly impacted by the recent rise in domestic oil output, particularly since 2010.

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The process by which companies acquire raw materials, components, products, services, and other resources from suppliers to execute their operations isA) procurement.B) sourcing.C) supplier scoring and assessment.D) supplier selection.

Answers

The process  by which companies acquire raw materials, components, services product is by procurement Option A

What is Procurement?

Procurement as describe in the question above is various activities undertaken by businesses to obtain raw materials goods and services to execute their operation. This various activities include getting the right quality, in the right quantity, at right time, at right the price and from the right source.

It is very important to get the quality material at a low cost at the right quantity  at the right in order to meet up to customers demands. Also to stay  competitive, business need to improve their internal process because customers  settle for quality, availability and low cost.

in conclusion business need to get quality raw materials at right time at right source to meet up demands.

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