Which result is a positive aspect of globalization?

Nobel laureate Paul Samuelson said that comparative advantage is one of the few ideas in economics that is both "true and not ob

sineoko [7]

Answer:

Explanation:

Absolute advantage refers to the ability to produce the same good or service using fewer inputs than another producer.

Comparative Advantage refers to the ability to produce a good or service at a lower opportunity cost than another producer.

For A.

Mitchell has the absolute advantage in soup.

Kana has the absolute advantage in cleaning.

Mitchell has the comparative advantage in soup.

Kana has the comparative advantage in cleaning.

For B.

Sienna has the absolute advantage in cookies.

Sienna has the absolute advantage in drywall.

Sienna has the comparative advantage in cookies.

Ethan has the comparative advantage in drywall.

For C.

Kara has the absolute advantage in sculptures.

Sara has the absolute advantage in ads.

Kara has the Comparative advantage in sculptures.

Sara has the comparative advantage in ads.

For D.

Data has the absolute advantage in poems.

Data has the Absolute advantage in physics.

Riker Comparative advantage in poems.

Data Comparative advantage in physics.

7 0

3 years ago

Sheridan Chemicals Company acquires a delivery truck at a cost of $30,200 on January 1, 2022. The truck is expected to have a sa

Anvisha [2.4K]

Answer:

Year 1= $5,480

Year 2= $5,480

Explanation:

Giving the following information:

Sheridan Chemicals Company acquires a delivery truck for $30,200 on January 1, 2022. The truck is expected to have a salvage value of $2,800 at the end of its 5-year useful life.

Under the straight-line method, the depreciation expense is the same in all of the useful life of the truck.

We need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (30,200 - 2,800)/5= $5,480

Year 1= $5,480

Year 2= $5,480

4 0

3 years ago

1. ______control environment risk assessment control procedures monitoring information and communication.2. ______provides reaso

Yuki888 [10]

Answer:

Five internal controls
Control procedures.
Risk Assestment.
Information and communication.
Monitoring.
Control environment.

Explanation:

1. Five internal control environment risk assessment control procedures monitoring information and communication.2. Control procedures provides reasonable assurance that business goals will be achieved.3. Risk assessment identify, analyze and assess likeliness of vulnerabilities.4. Information and communication used by management for guiding operations and ensuring compliance with requirements.5. Monitoring used to locate weaknesses and improve controls.6. Control environment overall attitude of management and employees

There are five internal control management that help in controling and managing overall work environment.

4 0

4 years ago

Which of the following business ownership structures offers the best quality liability protection but higher taxes? (Select the

riadik2000 [5.3K]

A partnership offers the best quality liability protection but higher taxes.
Answer: A

7 0

4 years ago

Kim's Bridal Shoppe has 11,500 shares of common stock outstanding at a price of $49 per share. It also has 280 shares of preferr

Lunna [17]

Answer:

44.66%

Explanation:

First, find the market values of each source of capital;

Market value of Common stock = 11500 *$49 = $563,500

Market value of Preferred stock = 280 *$91 = $25,480

Market value of bonds = 310 * (1.085 *$2000) = $672,700

Next, find the total market value;

=$563,500 + $25,480 + $672,700

= $1,261,680

Weight of common stock = $563,500/$1,261,680 = 0.4466 or 44.66%

7 0

3 years ago