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3 years ago

What is the greatest improvement in the service sector that could help facilitate world trade?

Business

2 answers:

VikaD [51]3 years ago

8 0

I only got one anwser wrong on my quiz and I didn't think it would be a verified answer, but it was, (the answer below.)

Citrus2011 [14]3 years ago

4 0

Answer:

a. Increased use of information technology is the correct answer.

Explanation:

Increased use of information technology is the greatest improvement in the service sector that could help facilitate world trade.

The service sector with the help of information technology has made a major contribution to Gross Domestic Product in most of the countries by giving employment, inputs and government service.

Information communications technology has played a major role by instantly generating millions of employment and also a major enabler of discovery and growth.

ICT means applied to businesses that have helped to streamline industry processes and increase efficiency.

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Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The compan

podryga [215]

Answer:

1. 600 units

2. $81,800

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)

where,

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

= $134 - $67

= $67

And, the other items values would remain the same

Now put these values to the above formula

So, the value would equal to

= ($32,300 + $7,900) ÷ ($67)

= ($402,00) ÷ ($67)

= 600 units

2. Break even point = (Fixed expenses + desired profit) ÷ (Profit volume Ratio)

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = ($67) ÷ ($134) × 100 = 50%

The other values would remain same

Now put these values to the above formula

So, the value would equal to

= ($32,300 + $8,600) ÷ (50%)

= $81,800

8 0

3 years ago

Mad Hatter Enterprises purchased new equipment for $373,000, terms f.o.b. shipping point. Other costs connected with the purchas

Wewaii [24]

Answer: $332,540

Explanation: find attached my solution in the document below.

NB : note that the Insurance after equipment placed in service and Insurance for the first year of operations was not added because these are to be termed expenses to be deducted in the P & L account.

6 0

3 years ago

Which of the following statements about social media is FALSE? Multiple Choice Social media can lead to hiring discrimination by

sesenic [268]

Answer:

social media rarely reduces productivity in the workplace

Explanation:

Social media is used for the interaction and connection of people mostly with similar interests or characteristics in various arms of life and also at places of work. most social media profiles contains the age,family,composition and sexual orientation of the user and in some case religious affiliation and this might lead to hiring discrimination when employers use the social media for recruitment purposes. social media most definitely reduces productivity in the workplace when employees engage themselves on social media while at work

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3 years ago

Use steth/o to build a word that means instrument to examine the chest:

yanalaym [24]

Stetho is the prefix for chest, while a scope is an examination tool. A stethoscope is a commonly used tool for auscultation (examination through listening) of the lungs and heart, which are in the chest.

3 0

4 years ago

Spencer Co. has a $420 petty cash fund. At the end of the first month the accumulated receipts represent $65 for delivery expens

Artyom0805 [142]

Answer:

Credit to Cash for $314

Explanation:

The journal entry to record the reimbursement of the account is given below:

Delivery expenses A/c Dr. $65

Merchandise inventory A/c Dr. $215

Miscellaneous expenses A/c Dr. $34

To Cash A/c $314

(Being the reimbursement of the account is recorded)

Here the delivery expense, merchandise inventory and miscellaneous expense is debited as it increased the assets & expenses and credited the cash as it decreased the assets

5 0

3 years ago