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Alekssandra [29.7K]
3 years ago
11

True or false: suppose that the hypothetical country of paddyland has a chronic scarcity of rice, its staple grain. this implies

that if paddyland has a market economy, rice will be available only for a price.
Business
1 answer:
ValentinkaMS [17]3 years ago
3 0

If Paddyland was a true market economy with no government interaction, then a scarcity of rice would mean that the price of rice would go up until the level of supply and demand evened out.

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LO 4.4How is the predetermined overhead rate applied?
soldier1979 [14.2K]

Answer:

Please see explanation.

Explanation:

Once the factory overhead rate is determined using the estimated amount of factory overhead and estimated  base, it is used to charge overhead cost to the jobs, products or work performed.

Since, not all overhead costs are known at the time of making the product, (such as electricity bill is received after  the month end) therefore, the estimated rate is used to apply the overhead cost to the job or product using actual  activity level. This is called absorption or application of overheads to the products / jobs.

Due to this, at each period end, the management calculates and compares the actual overhead cost with the  applied overhead cost and determine the over or under applied overheads.

4 0
3 years ago
True or false preferred stock would be valued the same as a common stock with a zero dividend growth rate.
natka813 [3]
The answer is false
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2 years ago
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Your primary motivation for investing is for tax savings.<br><br> True<br><br> or <br><br> False
kipiarov [429]
False. Your primary motivation for investing is for tax savings. Your motivation for investing money shouldn't solely be a tax break, you should always have a plan. When you invest, you should be thinking of why, in the future, investing was a good idea. Not the current little but of tax break you can get if the money goes in tax free. Always have a plan and a reason for investing your money into something. 
8 0
3 years ago
An investor discovers that stock prices change drastically as a result of certain events. this finding is a violation of?
fiasKO [112]

An investor learns that specific events have a significant impact on stock values. The weak variant of the efficient market hypothesis is broken by this discovery. An investor is any individual or other entity (such as a business or mutual fund) who invests money with the hope of making a profit.

Investors depend on a variety of financial instruments to generate a rate of return and achieve crucial financial stock like saving for retirement, paying for a child's school, or just collecting more wealth over time. To achieve their financial goals and objectives, investors use a variety of financial instruments to produce a return.

To learn more about Investors, click here.

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8 0
1 year ago
The following budget information is available for Crescent Company for January Year 2: Sales $ 800,000 Cost of goods sold 540,00
saw5 [17]

Answer:

$232,500

Explanation:

The computation of the amount of expected cash outflows for selling and admin expenses is shown below:

Utilities expense  $2,500

Administrative salaries $100,000

Sales commission ($800,000 ×  5%) $40,000

Advertising $20,000

Rent on administrative building $60,000

Miscellaneous administrative expenses $10,000

Total budgeted cash sales and administrative expenses $232,500

We added those expenses which affect the cash balance i.e decrease in cash balance so that the correct amount could arrive

All other items are not relevant. hence,ignored it

8 0
3 years ago
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