Answer:
B. Comparative advantage
Explanation:
Comparative advantage is when a country or company can produce goods using fewer resources compared to its rivals. It means the product will cost much less when produced by the country with a comparative advantage.
A comparative advantage means that a country will produce more output of a product when using similar inputs as rivals. The country or company can, therefore, avail the product in the market at a lower cost. Other countries stand to gain when importing products from countries with a comparative advantage than when they manufacture.
Answer:e. $3,700 gain.
Explanation:
Par value of Bonds =$100,000
Unamortized premium= $2,700
Carrying/ Book value of bonds= Par value of Bonds +Unamortized premium
= $100,000 + $2,700 =$102,700
Amount at which bonds retired $100,000 x 99% = $99,000
Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired
=$102,700- $99,000 = $3,700
Answer:
Explanation:
A common sized income statement is a method of financial statement that express every line item on a financial statement as a percentage of sale for the ease of financial analysis
Tannenhill's % Industry average
Revenue 2,480,000 100 100%
Cost of Goods 1,587,200 64 70
Gross profit 892,800 36 30
Selling expenses 545600 22 17
Admin expenses 198400 8 7
Total ope. Expe. 744000 30 24
Ope. Income 148600 6 6
Other Revenue 49600 2 2
198400 8 8
Other Expenses 24800 1 1
PBIT 173600 7 7
Income Tax 74400 3 5
Net Income 99200 4 2
Salary of real estate broker = $21,000
plus 2.5% of the value of any real estate sold= 2.5% = 0.025
last year the broker earned = $52,000
total value of real estate sold by the broker = ?
let the total value is X, so the equation will be
$21,000 + 2.5%of X = $52,000
replace 2.5% with 0.025
0.025X = $52,000 -$21,000
0.025X = $31,000
X = $31,000 / 0.025
X = $1,240,000
S the total value of real estate he sold is $1,240,000.