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4 years ago

e. Which country has a comparative advantage in producing cars? f. Which country has a comparative advantage in producing grain?

Business

1 answer:

natulia [17]4 years ago

7 0

Answer:

Comparative advantage in Cars - Japan
Comparative advantage in grain - America

Explanation:

The country that has a competitive advantage in producing something is the one that has less opportunity cost when they do so. In other words, they give up less of another good in order to produce a good.

The Japanese can either produce 4 cars or 5 tons of grain in a year. If they forgo 1 car therefore they produce 5/4 = 1.25 tons of grain per year.

If Americans forgo 1 car they produce 10/4 = 2.5 tons of grain.

Japan has a lower opportunity cost producing cars so they have a comparative advantage.

For Japan to produce 1 ton of grain they will forgo 5/4 = 0.8 cars. For Americans to produce 1 ton of grain they will forgo 4/10 = 0.4 cars.

America has a lower opportunity cost producing grain so they have a comparative advantage.

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During the current year, Eleanor earns $120,000 in wages as an employee of an accounting firm. She also earns $13,000 in gross i

larisa86 [58]

Answer:

$10,000

Explanation:

Eleanor's self-employment tax will require an understanding of a few points.

1. Eleanor earns $120,000 as wages working for an accounting firm therefore, this wages do not qualify for self-employment tax

2. Eleanor earns $13,000 as gross income for her own consulting service and this is self-employment income. However, $3,000 qualify as deductible expenses from the gross income. Taxable self-employment income= $13,000-$3,000= $10,000

3. Long term capital gain tax incurred = $1,000. Ordinarily the capital gain tax should increase the tax. However, its inclusion will be based on the federal government's table for calculating payment of long-term capital gain tax for 2019 based on income for the year.

Looking at the table, income from $0 Up to $39,375 will attract 0% payment of long-term capital gain tax. Since, the self-employment income of Eleanor is $10,000, no long-term capital gain tax will be incurred.

It means only the 13,000-3,000= $10,000 will be tax for self employment

5 0

3 years ago

In the resource-based model of above-average returns, a capability is:

grigory [225]

Answer:

The correct answer is c. the capacity for a set of resources to perform a task or an activity in an integrative manner.

Explanation:

The central assumption of the resource-based model says that the company's unique capabilities, resources and core competencies influence the choice and use of strategies rather than the external environment of the company. This yields higher than average returns when uses its valuable and unique capabilities, expensive to imitate and impossible to substitute to compete against its rivals in one or more industries. The evidence indicates that the two models provide knowledge that is linked to the choice and successful use of strategies. Consequently, companies want to use their unique core resources, capabilities and competencies as the basis for one or more strategies that allow them to compete in industries they understand.

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3 years ago

Roberts Corp. reports pretax accounting income of $208,000, but due to a single temporary difference, taxable income is only $15

goblinko [34]

Answer:

The answer is given below;

Explanation:

Temporary Difference $208,000-$154,000=$54,000

Taxable Temporary Difference=$54,000*25%=$13,500

Current Tax Expense =154,000*25%=$38,500

Please note that taxable temporary difference result in deferred tax expense and corresponding effect in deferred tax liability.

Deferred Tax Expense Dr.$13,500

Current Tax Expense Dr.$38,500

Deferred Tax liability Cr.$13,500

Current Tax Liability Cr.$38,500

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4 years ago

British airways employed _____ when it used product placement to make sure that viewers of the movie die another day knew that j

givi [52]

British airways employed integrated marketing communications when it used product placement to make sure that viewers of the movie die another day knew that james bond flies first class on british airways. The airline ran advertising campaign based around the slogan, save your penny’s fly like bond referring to the secretary that bond flirts with in each film. British airways also paid for the rights to screen the film on its flights before the movie was available at video stores. Integrated marketing communications is the usage of marketing approaches to improve the communication of a reliable message of the company's products to stakeholders.

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4 years ago

Yardstick reports Group of answer choices are rarely written or used in businesses today. examine problems with two or more solu

vaieri [72.5K]

Answer:

Yardstick reports examine problems with two or more solutions against set criteria.

Explanation:

A yardstick report is used in situations where a problem has multiple solutions.

It involves defining the criteria for choosing a solution, explaining each solution and then recommending the one that best solves the problem at hand.

7 0

3 years ago