Criticism can be looked at in many different perspectives. Criticizing on one subject by looks may not bother you, but criticism about your athletic ability might make you feel negative about yourself. For me personally, I attempt to ignore the criticism and if not I express it to my friends.
<span>One result of the global economy is that trade
between the United States and other countries has decreased. </span>
Answer: $540,000
Explanation:
Given that,
Fair value of the common stock = $30 per share
Common stock, $10 par value, authorized 200,000 shares;
issued and outstanding 120,000 shares = $1,200,000
Additional paid-in capital on common stock = $150,000
Retained earnings = $700,000
Total stockholders' equity = $2,050,000
Declared a dividend of 15%:
= 120,000 × $30 × 15%
= $540,000
Since, dividends are paid out Retained earnings. Therefore, retained earnings will decrease by an amount of $540,000.
Answer:
A)not negate the logical basis for trade in the Ricardian model.
Explanation:
Trade can be regarded as basic economic concept which involves the buying as well as selling of goods and services, having a compensation that is been paid by a buyer to a seller.
The Ricardian model can be regarded as model that incorporates the standard assumptions of a perfect competition. This model in it's simplest form give assumption of two countries that are producing two goods, but uses one factor of production, the goods here are usually assumed to be identical, or to be homogeneous, within as well as across countries. It should be noted that when there is higher wage, there will be greater number of workers that are willing to work and vice versa, which defined the relationship between wages and productivity. productivity gives the
measurement of how efficiently labor
is been utilized when producing goods and services.
It should be noted that If labor productivities were exactly proportional to wage levels internationally, this would not negate the logical basis for trade in the Ricardian model.
