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3 years ago

A nation has a GDP of 685m. It has a growth rate of 4%. How long will it take the nations GDP to double?

1 answer:

7 0

<span>The Rule of 70 can be used to determine the length of time it would take for a variable to double. In this case, using a growth rate of 4%, we can divide 70/4 to find that it would take 17.5 years for the GDP of this nation to approximately double.</span>

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In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at: A) $108,000. B) $90,000

Tanya [424]

Answer:

Answer: b

Explanation:

NRV=$120,000 – ($120,000 x 10%) = $108,000$90,000cost is less than net realizable value of $108,000 cost

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3 years ago

2-B. A farmer estimates that if he harvests his soybean crop now, he will obtain 1,000 bushels, which he can sell at $3.00 per b

Sholpan [36]

Answer:

the farmer should wait for two weeks in order to be able to obtain 3,000 bushels and sell then at $2 per bushel, total revenue $6,000

Explanation:

time to harvest bushels price revenue

today 1,000 $3 $3,000

1 week 2,000 $2.50 $5,000

<u>2 weeks 3,000 $2 $6,000</u>

3 weeks 4,000 $1.50 $6,000

4 weeks 5,000 $1 $5,000

5 weeks 6,000 $0.50 $3,000

net increase per week = +1,200 bushels - 200 bushels = 1,000 bushels

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4 years ago

Manuel, who works for a multinational company, is often put in teams consisting of people from different cultures. Manuel finds

Vinvika [58]

Answer:

Individualism

Explanation:

As it is mentioned in the question that Manuel finds difficult to do the work in a team as he comes from his personal brand i.e building so his culture represents the individualism as he does not work as a team he wants to work individually as he is not comfortable or he has reserve nature i.e he does not open up with easily.

Hence, in the given case, the correct option is Individualism

8 0

4 years ago

Selected current year company information follows: Net income $ 16,753 Net sales 720,855 Total liabilities, beginning-year 91,93

a_sh-v [17]

Answer:

the total asset turnover is 2.65 times

Explanation:

The computation of the total asset turnover is shown below;

As we know that

Total assets turnover is

= Net sales ÷ average of total assets

= $720,855 ÷ ($91,932 + $206,935 + $111,201 + $133,851) ÷ 2

= $720,855 ÷ $271,959.50

= 2.65 times

Hence, the total asset turnover is 2.65 times

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3 years ago

If oligopolists engaged in some sort of collusion, industry output would be _____ and price would be _____ than under perfect co

TEA [102]

Answer:

If oligopolists engaged in some sort of collusion, industry output would be smaller_____ and price would be _higher____ than under perfect competition.

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3 years ago