Yvonne and Rodney should determine which "has the comparative advantage in dish washing."
Comparative advantage is a economic term that alludes to an economy's capacity to create products and enterprises at a lower opportunity cost than exchange accomplices. A comparative advantage enables an organization to offer products and ventures at a lower cost than its rivals and acknowledge more grounded deals edges.
A standout amongst the most critical ideas in economic theory, similar preferred standpoint spreads out the case that all performing artists, consistently, can commonly profit by collaboration and deliberate exchange. It is likewise a basic rule in the theory of international trade.
Answer: d. Requires description of all significant accounting policies to be included as an integral part of the financial statements.
Explanation:
There are several accounting and valuation policies that a company can use when presenting its financial information for the year. Companies are meant to follow the policies that would most fairly represent their assets and liabilities.
When they pick these valuation methods, it is important that the people who study their financial statements know the valuation and accounting methods used so that they can understand the figures.
To this end, ASC Topic 235 requires that the company should include the significant accounting policies that it used as notes so that financial statement users understand how the company reached the figures it recorded.
Answer:
The authorized common stock shares remain 1,000,000 shares.
Explanation:
The authorized shares are not affected by movements in the shares, like issue of shares, repurchase, and resale of treasury stock shares. The authorized shares, therefore, represent the number of shares that the company is legally bound to issue without exceeding. The implication is that the company is free to issue shares less than or equal to the authorized shares, but it may not issue more than the authorized until it obtains a new authorization.
The movements are accounted for in separate accounts called Issued Common Stock Account and Treasury Stock Account. The treasury stock account is a contra account to the Common Stock.
In order to compete with the online retailers, the traditional retailers can use franchises that deliver, require an administered system for all, and increase their market share.
<h3>Who is a retailer?</h3>
A manager or owner of a business organization or a unit that specializes in selling of products to their customers, which they procure from the supplier, is known as a retailer.
Hence, options A, C and D hold true regarding the traditional retailers.
Learn more about a retailer here:
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