Answer:
computer programmers
computer system Analysts
database administrators
network and computer systems administrators
Third-party logistics is the term used to describe the use of outside firms to help move their goods through the supply chain. A supply chain is the network that connects all of the people, organizations, resources, activities, and technology involved in the manufacture and sale of a product.
A supply chain includes everything from the transfer of raw materials from a supplier to a producer to the final distribution to the end customer. Farming, refining, design, manufacturing of firms packing, and transportation are all examples of supply chain activity. The four elements of the supply chain are integration, operations, purchasing, and distribution, which work together to create a cost-effective and competitive path to competition.
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Higgins, Inc., has sales of $521,000, costs of $297,900, depreciation expense of $42,700, interest expense of $20,800, a tax rat
Dahasolnce [82]
Answer:
$45,496
Explanation:
With regards to the above, first we need to calculate the net income.
Sales
$521,000
Less : cost of goods sold
($297,900)
Less : depreciation expense
($42,700)
EBIT
$180,400
Less : interest expense
($20,800)
Taxable income
$159,600
Less : Tax 24% × $159,600
(38,304)
Net income
$121,296
Therefore, addition to retained earning
= Net profit - Cash dividends paid out
= $121,296 - $27,800 - $48,000
= $45,496
Answer:
Yes, other countries probably have a comparative advantage in the production of rice.
Explanation:
Comparative advantages are given by the opportunity costs of producing one product instead of another. In this case, the opportunity cost of producing rice in China has increased due to higher prices of fruits and vegetables.
The costs of producing a certain good are not only labor costs, but they also include capital and land costs. It is possible that other Asian countries have lower labor costs than China and therefore have comparative advantage in the production of rice. But even countries were labor is more expensive can also have a comparative advantage in the product of rice due to lower capital and/or land costs.
Answer:
additional firms will be attracted into the market until price falls to the level of per-unit production cost
Explanation:
A price taker is a firm or a seller who is not able to set the market price for its goods and services. Instead, the price taker accepts the price set by market forces - forces of demand and supply.
An example of a price taking firm is a firm in a perfect competition
If a firm is able to charge prices above production costs, the firm is earning an economic profit
If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.