Answer:
The first reason that makes indirect production superior to direct production is the refining of the end product.
The second reason that makes indirect production superior to direct production is the value the produced good acquires.
The third reason that makes indirect production superior to direct production is the durability of the product is longer.
The fourth reason that makes indirect production superior to direct production is the produced good can be employed in many different other products.
Explanation:
The reasons behind this answer are that in the first place the indirect production allows a producer to refine the raw product to a level in which it can be used to obtain more from it. For example, gasoline as a product can provide us more energy than the oil itself. Also, it obtains a bigger value and it can be used for a longer time. So, in other words, indirect production is the refining of raw materials to obtain more from them.
Answer:
One of the basic working environment torts is distortion. It is one of the basic torts where both boss and worker enjoy employing and determination process. Worker answer this to pick up favor in determination and advancement where as business enjoy this to pull in best ability from the business. To manage this the association should set up a legitimate strategy which can adjust the rights among manager and representative. The business should make a definite personal investigation on the accreditation gave by the representative during choice and before arrangement process. It ought to incorporate past understanding and work, instructive, proficient direct, criminal instances of the representative where as manager ought to give everything in kept in touch with the worker so they can stake guarantee if business neglects to give those things to the workers. It is a sort of win-win circumstance for both manager and representative where level playing field has been made for them
Answer: Williamson industries would have obtained $7.78 billion in sales
Explanation: According to the question, the company is having a total of $2 billion in fixed assets. The fixed assets are currently operating at 90% (0.9) of its total capacity. At his level, the company is able to achieve a sales figure of $7 billion. The implication is as follows;
Fixed assets (at 100%) = 2 billion
Fixed assets (at 90%) = 2 * 0.9
Fixed assets (at 90%) = 1.8
If the company utilizes $1.8 billion to achieve a $7 billion sales figure, then operating at full capacity (100%) would yield the following;
7/x = 90/100
(Where x equals sales level at 100% capacity)
7/x = 0.9
Cross multiply
x = 7/0.9
x = 7.7777...
x ≈ 7.78
Therefore, if Williamson Industries had been operating at full capacity, it would have obtained a sales level of $7.78 billion
Answer:
Comparative advantage
Explanation:
This concept of economics is comparative advantage that means one country has advantage of producing same product at lower cost than other. In this question China has comparative advantage over USA,
This may be due to different reasons.
1. Population of China is greater than USA, that is why employees are willing to work on low salaries in China as compared to salaries are offered in the US.
2. China is comparatively better in manufacturing industry as of with USA.
Answer:
Incorrect Statement about the Statement of Cash Flows:
c. The cash dividends of $201,000 paid will be reported as a cash outflow in the cash flow from investing activities section.
Explanation:
Cash dividends of $201,000 will be reported as a cash outflow in the financing activities section and not the investing activities section.
Statement of Cash Flows is broadly divided into three, the operating, investing, and financing activities sections. The operating activities section show the cash flows from the normal business of the enterprise. The investing activities section shows the acquisition and disposal of investments made by the company in cash. While, the financing section shows the inflow and outflow of cash resulting from the funding of the business by stockholders and noncurrent creditors.
