Subchapter S corporations have almost no restrictions and are easily formed and operated. True False

"It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions

aleksley [76]

Answer:

D. It is cheaper to produce some goods in the U.S. because productivity is higher here.

Explanation:

If the statement "It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Fails to connect wages and productivity, it means that despite China having many people willing to work for low wages it does not mean they are more productive.

Productivity is defined as how effectively a production process is. It is the ratio between output and input used.

If China has low productivity with the large workforce it has, it will be cheaper to produce goods in the United States that has a higher productivity.

The United States will be able to maximise inputs used in the production process to give higher output.

4 0

3 years ago

A(n) _____ is in control of an agency relationship because he or she defines the tasks and objectives of the relationship./pract

NARA [144]

Answer:

Principal

Explanation:

The principal has the right to abolish the relation or set the objectives of the agent and allocation of task and authority delagated to the agent. This control is given to principal by law to protect his interests.

8 0

3 years ago

Maria is purchasing a new car whose MSRP is $22,450. She is trading in her old car for $7000 and being upgraded to a premium pac

kupik [55]

It should be $20,150

5 0

4 years ago

Read 2 more answers

Zoo Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $1

kicyunya [14]

Answer:

Zoo Inc.

Cash budget for the month of March

Amount in $

Beginning cash balance 27,000

Add:

Cash receipts 106,000

Total cash available 133,000

Less:

Cash disbursements (93,000)

Ending cash balance before borrowing 40,000

Desired ending cash balance <u> 65,000</u>

Cash excess (deficiency) <u>(25,000)</u>

The borrowing required to attain desired ending cash balance is $25,000

Explanation:

Cash budget is a forecast of the net cash flows to/from an entity over a given period of time.

Details of the cash budget include the opening cash balance, the expected expenses or outflows of cash, the expected inflows and the closing balance expected as a result of the three (3) items mentioned earlier.

7 0

3 years ago

A country that trades internationally imports a good at a price ______ than the price of the good in the domestic market before

Digiron [165]

Answer:

C. lower; higher

Explanation:

A country that trades internationally, imports a good at a price lower than what domestic producers could produce the good for before the country began to trade internationally and exports a good at a price higher than what domestic producers could sell a good for before the country began to trade internationally.

4 0

3 years ago