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3 years ago

1.If GDP is a good measure of well-being, why is Switzerland’s GDP so much lower than India’s GDP or China’s GDP?

Business

1 answer:

Greeley [361]3 years ago

3 0

<u>Solution and Explanation:</u>

The national salary itself tells practically nothing; Switzerland's Gross Domestic Product is a lot of lower than that of India or China, yet Swiss residents have one of the most elevated expectations for everyday comforts on the planet. The distinction, obviously, is the populace. Switzerland is a little nation, so national pay is generally little, in spite of its riches. The proper examination is per capita GDP.

Prosperity can be estimated straightforwardly in an assortment of ways: Health care, Security, Freedom of decision Food Education. These are absolutely preferable measures over cash salary, however, they can be hard to gather and decipher.

While per capita GDP doesn't legitimately gauge prosperity, it very well may be utilized as an intermediary for direct measures. The wealthiest nations have per capita earnings more than multiple times higher than the least fortunate.

<u> The following measures can be utilized to analyze the prosperity of various nations. </u>

Wellbeing Care: Measures, for example, populace per doctor can give a general thought of the degree of human services accessible in a nation. Rich nations regularly have from 400-600 individuals for each specialist. The most unfortunate nations frequently have in excess of 5,000 individuals for every specialist.

Life Expectancy: Life hope measurements basically condense the normal adequacy of social insurance. In rich nations, the normal future is about eighty years. In poor nations, it's a little more than fifty.

Food: Using everyday calorie supply per individual legitimately gauges the general measure of nourishment accessible. In rich nations, 3,000 calories (or higher) is a run of the mill figure. A considerable lot of most unfortunate nations have just 2,000 calories accessible. The World Health Organization appraises that 2,600 calories for each day are required for fundamental nourishment.

Education: Literacy rates show the most fundamental degree of training. In well off nations, proficiency paces of 99% are normal. In the most unfortunate nations, education rates run structure 35-65%.

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Bonner Corp.'s sales last year were $415,000, and its year-end total assets were $355,000. The average firm in the industry has

koban [17]

Answer:

$182,083

Explanation:

The computation of the total assets by considering the total assets turnover is shown below:

Total assets turnover = Sales ÷ total assets

2.4 = $415,000 ÷ total assets

So, the total assets equal to

= $415,000 ÷ 2.4

= $172,917

So, the assets is reduced by

= Year-end total assets - calculated assets

= $355,000 - $172,917

= $182,083

5 0

3 years ago

Estimate the cost of expanding a planned new clinic by 25,000 ft2. The appropriate capacity exponent is 0.62, and the budget est

jeka57 [31]

Answer:

cost of expansion = $1389859.55

Explanation:

Given data:

Original size = 185,000 ft^2

New expansion = 25000 ft^2

capacity component = 0.62

total cost for original size of clinic is = $17 million

Size of new clinic = 185,000 + 25,000 = 210,000 ft^2

cost of new clinic $= 17,000,000 \times [\frac{size\ of\ new\ clinic}{185,000}]^{0.62}$

cost of new clinic = $17,000,000 \times [\frac{210,000}{185,000}]^{0.62}$

cost of new clinic = $18,389,859.56

cost of expansion = cost of 210,000 ft^2 - cost of 185,000 ft^2

= 18,389,859.56- 17,000,000

cost of expansion = $1389859.55

4 0

3 years ago

Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in thi

jonny [76]

Answer:

14 Months

Explanation:

Last year’s sales = $163,508,343

As per the given data next year sales is increased by 3.0%.

= 0.03 * $163,508,343 = $4,905,250.29 ~= $4,905,250

Revenue added to the bottom line = 34.1% of increased demand

= 0.341 * $4,905,250 = $1,672,690.25~= $1,672,690

TQM investment = $2,000,000

Payback = (Investment in TQM / Revenue added to the bottom line) * 12

= ($2,000,000 / $1,672,690) * 12 = 14.34 ~= 14 Months

Hope this helps!

8 0

3 years ago

1. Read the following scenario and answer the question in 5-10 sentences. You are an expert in the field of advanced laser techn

Greeley [361]

The possible management structures and key terms of any operating agreement that must be considered to form an LLC are related to responsibility sharing, as an LLC is a type of entity owned by its partners.

Some features of the LLC are:

Less formality.
Tax savings.
Flexible management.
Simple organizational structure.

Therefore, the LLC is a single hybrid entity, more streamlined than a corporation, with the advantage that this proprietorship has limited liability protection.

Management is also more flexible, with decision-making being possible to be shared among its members, regardless of hierarchy.

It is also important to highlight the taxes, as in an LLC the taxation is simpler, with the losses and gains being reported in the tax returns, which helps to offset the income.

So this is a more streamlined and protected form of partnership that can be managed by a group of members more securely than a corporation.

It has less formal requirements to exist, and in case of bankruptcy or debt, there is greater protection for each member's personal property, as in an LLC the debts and obligations cannot be greater than the initial capital invested in the company.

Learn more here:

brainly.com/question/18567855

3 0

3 years ago

Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit. Variable expenses are $20.00 per

Tanzania [10]

Answer:

50%

Explanation:

The formula and the computation of the contribution margin ratio is shown below:

Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $40 per unit - $20 per unit

= $20 per unit

So, the CM ratio is

= ($20 per unit) ÷ ($40 per unit) × 100

= 50%

8 0

3 years ago