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DENIUS [597]
3 years ago
5

If trade between nations is prohibited, a. nations will be unable to specialize in what they are good at and therefore end up co

nsuming less. b. nations will more easily achieve specialization in production and end up consuming more. c. nations can refine their ability to allocate resources and therefore raise consumption. d. nations can increase their public welfare.
Business
1 answer:
Strike441 [17]3 years ago
5 0

Answer:

a. nations will be unable to specialize in what they are good at and therefore end up consuming less

Explanation:

There is no country that can produce all goods and services efficiently (at the least cost ). It is for this reason that trade between countries becomes necessary. Trade between countries gives countries the opportunity to concentrate on the production of goods in which it is efficient in production and purchase goods for which it produces at higher costs.

If trade between nations is prohibited, countries would have to produce goods that they are both efficient and ijefficient in their production, resources would be wasted, specialisation in the production of goods would not occur and consumption would fall.

I hope my answer helps you

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Depreciation, a type of expense, is included in the ________ category.
qaws [65]

Answer:

General and administrative

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet: it contains financial information about assets, liability, and equity.

2. Cash flow statement: it contains financial information about operating, financial and investing activities.

3. Income statement: it contains financial information about the income and expenses of an organization.

4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.

Basically, depreciation is a type of expense and it is included in the general and administrative (G&A) category of a balance sheet.

A general and administrative (G&A) can be defined as the expenditures that are required for the smooth running or operations of a business, which are not associated with the manufacturing of goods.

6 0
2 years ago
ADP reports the following income statement.
oee [108]

Answer:

Forecast of 2020 net earnings = $299.2 million.

Explanation:

Note:

a. See part a of the attached excel file for the calculations of the Historic Percent of Total Revenue.

b. See part b of the attached excel file for the Forecast of ADP’s 2020 income statement.

From part b of the attached excel file, we have:

Forecast of 2020 net earnings = $299.2 million.

Download xlsx
3 0
3 years ago
The amount of the average investment for a proposed investment of $218,000 in a fixed asset with a useful life of four years, st
MissTica

Answer:

$109,000

Explanation:

Average Investment = ( Initial Investment + Residual Value ) ÷ 2

Therefore,

Average Investment = ( $218,000 + $0) ÷ 2

                                  = $109,000

8 0
2 years ago
John's boss asks for a recommendation for connecting the company network to a small satellite building about 1 km from the main
nikitadnepr [17]
<span>A typical married couple would probably be a. Gilbert would be for splitting the household chores on the basis of time spent on each task. However, it is a bit unusual to actually calculate the time it takes for each task. B. and c. doesn't make sense. D. is also valid, however.</span>
8 0
3 years ago
How many kalamata olives come on a whole salad? Enter the exact number.
skelet666 [1.2K]

Answer:7

Explanation:

5 0
2 years ago
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