All categories

3 years ago

If a drought struck a country what would happen to the production possibilities

1 answer:

5 0

<span>The production possibility curve would shift leftward and the axes would decrease. This would be a decrease in the overall production ability of the nation or area. Lowered ability to produce would give a lowered maximum amount possible to produce, which would thereby need smaller axis values.</span>

You might be interested in

Which country used a form of the welfare state before countries like the United States?

madam [21]

The first world welfare superpower was Japan.

7 0

3 years ago

Grear Tire Company has produced a new tire with an estimated mean lifetime mileage of 36,500 miles. Management also believes tha

Lelechka [254]

Answer:

$0.013

0.010724

Explanation:

Given that :

Mean, m = 36500

Standard deviation, s = 5000

Refund of $1 per 100 mile short of 30,000 miles

A.) Expected cost of the promotion :

P(X < 30,000)

Using the Zscore relation :

Zscore = (x - m) / s

Zscore = (30000 - 36500) / 5000

= - 6500 / 5000

= - 1.3

100 miles = $1

1.3 / 100 = $0.013

b. What is the probability that Grear will refund more than $50 for a tire?

100 miles = $1

$50 = (100 * 50) = 5000 miles

Hence, more than $50 means x < (30000 - 5000) = x < 25000 miles

P(x < 25000) :

(25000 - 36500) / 5000

-11500 / 5000

= - 2.3

P(z < - 2.3) = 0.010724 (Z probability calculator)

3 0

3 years ago

As part of the initial investment, Ray Blake contributes equipment that had originally cost $101,300 and on which accumulated de

Mrrafil [7]

Answer:

This is a repeat question on Brainly but here you go.

Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent

So, the equipment amount should be debited at <em>$51,500 </em> instead of the original cost or the replacing cost

4 0

3 years ago

Nile Corp. has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:

True [87]

Answer:

Overheads cost allocated to Mossman Job = $449

Explanation:

We have been provided the cost of each activity and their respective drivers.

There are three activities

Supervision of Direct Labor = $304,000 for 760,000 labor hours

Machine Maintenance = $153,600 for 960,000 hours

Facility rent = $165,000 for 110,000 square feet

Activities of Mossman Job and respective costs will be as follows:

Supervision of Direct Labor = $304,000/760,000 X 260 labor hours = $104

Machine Maintenance = $153,600/960,000 X 1,500 = $240

Facility Rent = $165,000/110,000 X 70 = $105

Net Overheads cost allocated to Mossman Job = $104 + $240 + $105 = $449

6 0

3 years ago

Income Statement (in Millions of Dollars) Net sales $100.0 Cost of sales 60.0 Selling, general, and administrative expenses 20.0

frez [133]

Answer:

the balance sheet is missing:

Balance Sheet (In millions of Dollars)

ASSETS

Cash $6.0

Accounts Receivable 14.0

Average Inventory 12.0

Fixed Assets, net 40.0

TOTAL ASSETS $72.0

LIABILITIES AND EQUITY

Accounts Payable $10.0

Salaries and Benefits Payable 2.0

Other current Liabilities 10.0

Long-term debt 12.0

Equity 38.0

TOTAL LIABILITIES AND EQUITY $72.0

a. Determine the length of the inventory conversion period.

inventory conversion period = average inventory / (COGS/365) = 73 days

b. Determine the length of the receivables conversion period.

receivables conversion period = accounts receivables / (net sales/365) = 51.1 days

c. Determine the length of the operating cycle.

length of operating cycle = 73 + 51.1 = 124.1 days

d. Determine the length of the payables deferral period.

length of the payables deferral period = accounts payables / (COGS/365) = 60.83 days

e. Determine the length of the cash conversion cycle.

cash conversion cycle = 73 + 51.1 - 60.83 = 63.27 days

f. What is the meaning of the number you calculated in Part e?

How long does it take to turn inventories into cash, it is a measure of asset liquidity.

8 0

3 years ago