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mars1129 [50]
3 years ago
14

Which of the following is true?

Business
1 answer:
NNADVOKAT [17]3 years ago
4 0

Answer: Option (D) is correct.

Explanation:

Correct option: A nation cannot have a comparative advantage in the production of every good.

A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.

While calculating the opportunity cost of producing a commodity, country takes into account both the commodities. Hence, it was not possible that a country is having comparative advantage in the production of every commodity.

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homeworklib Assume the following for White Top Inc. for the current fiscal year. White Top applies overhead on the basis of unit
Naya [18.7K]

Answer:

50,500 Units

Explanation:

The computation of the number of units produced is shown below:

Overhead rate is

= $200,000 ÷ 50,000 units

= $4 per unit

The Actual overhead is $222,000

So,

Under applied overhead is $20,000

Now

Applied overhead is

= $222,000 - $20,000

= $202,000

And, finally

Actual unit produced is

= $202000 ÷ 4

= 50,500 Units

6 0
3 years ago
Sweet Company’s outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000
frutty [35]

Answer:

preferred stockholders received $15,000 during the first 3 years

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $25,000 in dividends during the third year.

Explanation:

preferred stock = 1,000 shares x $100 par value x 5% = $5,000

common stock = 10,000 shares at $10 par value

dividends declared and paid during the first 3 years:

year       dividends

1               $2,000

2              $6,000

3            $32,000

preferred stockholders should have received $5,000 per year x 3 years = $15,000. Preferred stockholders must be paid first, and their payment is fixed. If the dividends are not enough to pay the total amount, the remaining amount should be paid next year.

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $32,000 - $7,000 = $25,000 in dividends during the third year.

7 0
4 years ago
In 2016, David Hay started his own business, Hays Gardening and Landscapes. David was previously an employer of another business
Vitek1552 [10]

Answer: B. Loss of earnings from employment

Explanation:

The opportunity cost of choosing a course of action is the returns that you would have earned from choosing the next best action.

David was employed and yet decided to quit that job and start a business. The next best thing he could have been doing was working which means that the opportunity cost was the returns from working which was his salary.

In deciding to open up his own businesses, he had to forego the opportunity costs which meant that he lost the earnings from that his employment.

5 0
3 years ago
Ryland, an officer for Sports Park, Inc., attempts to apply a duty-based approach to ethical reasoning in conflicts that occur o
saul85 [17]

Answer: The correct answer is B; <em>avoid unethical behavior regardless of the consequences. </em>

Explanation:

When a person uses unethical behavior and doesn't care about the consequences, the person can lose their job. They may also lose all credibility in their community. An employer can lose many things because of this behavior including morale, also credibility, and lose money. By avoiding this behavior, Ryland is doing the right thing even though he may make someone upset.

3 0
3 years ago
The recovery time objective (RTO) downtime metric is the defined as the point in time to which lost systems and data can be reco
Elena L [17]

Answer:

False

Explanation:

 Recovery time objective(RTO) - The main objective of RTO is to work on the real-time designation.  It works to define lost or re-entered data during the downtime of the network. The purpose of RTO is to define the actual working time before a disturbance begins.

It defined to that time period during which the unprocessed process can be recovered after the disturbance occurs during any business operation.

8 0
3 years ago
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