B.it becomes more expensive to hold money as cash is the correct answer
Answer:
Attached is the complete questions containing the missing variables:
The activity rates for each activity are stated thus:
Cutting activity rate =$24/cutting hour
Assembly activity rate =$40/ assembly hour
Inspecting activity rate =$20/ inspecting hour
Reworking activity rate=$75/reworking hour
Explanation:
Cutting activity rate =$225600/(4000+5400)=$24/cutting hour
Assembly activity rate =$300000/(2850+4650)=$40/ assembly hour
Inspecting activity rate=$67500/(945+2430)=$20/ inspecting hour
Reworking activity rate=$45000/(150+450)=$75/reworking hour
Obviously you did not include the overheads incurred for each activity in your question,but I have the overhead for each activity in the attached full question with which I computed the required overhead activity rates
Answer:
E. Debit Retained Earnings $7,400; credit Common Dividends Payable $7,400.
Explanation:
The Journal entry is shown below:-
Retained earnings Dr, $7,400 (14,800 × $0.50)
To Common dividend Payable $7,400
(Being dividend declaration is recorded)
Here to record the dividend declaration we simply debited the retained earnings as it decreased the stockholder equity and credited the common dividends payable as it increased the liability
So the correct option is D.
Answer: Option (C)
Explanation:
Sociological factors are referred to as or known as elements or factors of the society that tends to radiate negative and positive influence which cause a change in function, structure, elements, and orientation. Sociology tends to mostly study society in regards with its elements, structure, and their development which mostly includes numerous factors such as people and the population, ethnicity, age, gender, religion, view , culture, and etc.
Answer:
. All countries can gain from trade if they all specialize in production according to comparative advantage
Explanation:
Comparative advantage is when a country produces a product at a lower opportunity cost when compared with its trading partners.
Absolute advantage is when a country produces more quantities of goods and services than its trading partners.
A country can still have comparative advantage in production if opportunity cost is increasing once it's opportunity cost doesn't become greater than that of its trading partners.
A country can have comparative advantage without having absolute advantage.
I hope my answer helps you.
