Answer:
(A) Jean has absolute advantage in baking cakes 12 to 10
(B) Vincent comparative advantage in baking pizza as his opportunity cost is lower: 0.5
(C) Jean absolute advantage in making pizza: 8 to 5
(D) Jean comparative advantage in making pizza
Explanation:
(A) jean bakes 12 cakes per hour while Vincent bakes 10
(B) it willl be the pizzas it renounce to do for baking:
Vincent: 5/10 = 0.5 opportunity cost for baking: make 0.5 pizzas
Jean 8/12 = 2/3 = 0.66 opportunity cost for baking: makie 0.66 pizza
(C) Jean makes 8 pizzas while Vincent does 5
(D) As Vincent has a lower opportunity cost for baking, it will have a higher opportunity cost for making pizzas. Thus, Jean will be comparative advantage
Organizational pattern here refers to a way of organization written document. There is numerous type of these, depending on the type of document you are making. Some examples include topical pattern, where you write your document by starting with a description of the topic you are presenting, to causal pattern, where you present your writing in order to explain how a phenomenon occurs and why it happened in such a manner.
Thus, the best answer for the given question is (C) your readers’ expectations.
Answer: revenue of $14,000 and expense of $6,000 in Year 1.
Explanation:
In accrual accounting, it should be noted that for this accounting method, the revenue or expenses that are made by the individual or company will be recorded as at the time that the transaction took place and not when the payment for the transaction was gotten.
Since Costello company performed $14,000 of services and also incurred $6,000 of wage expenses, then Costello will report revenue of $14,000 and expense of $6,000 in Year 1.
Answer:
-Private company has mininmum 1 and maximum 101 member.
Public company has minimum 7 member and maximum is bounded by its share capital.
-Private company is smaller than the public companies by the no.of capital.
Public company is larger than private company and spread in different place.
-Private company uses the term Private limited after its name.
Public company uses the term Limited after its name.
-Examples of Private company are: Asmita Book Publication Pvt.ltd and Karunanidhi Education Foundation Pvt.ltd
Examples of Public company are:Nepal oil corporation and Nepal electricity Authority.
Answer:
54,075 Payment at Year 3
Explanation:
Because is an interest-only loan:
It will pay the principal completely and the interest for the year.
principal x rate = interest paid
50,000 x 0.0815 = 4,075
+ 50,000 principal
54,075 Payment at Year 3
<u>Remember:</u>
interes-only loan means during the life of the loan the monthly or annual payment are for the interest. At maturity, the principal is fully paid.