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USPshnik [31]
3 years ago
5

Which is the best measurement to use to determine who might have the absolute advantage?

Business
1 answer:
Makovka662 [10]3 years ago
4 0

Answer:

<u>low opportunity cost</u>

Explanation:

<u>Opportunity cost</u> is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.

<u>Low opportunity cost: </u>The term "low opportunity cost" is determined as the possibility of an individual's chosen investment returns to be lower than the forgone investment's returns.

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Consider Pacific Energy Company and U.S. Bluechips, Inc., both of which reported earnings of $967,000. Without new projects, bot
kirill115 [55]

Answer and Explanation:

The computation is shown below:

a. Current PE ratio is

For Pacific energy company

= Price ÷ Earnings

= ($967,000 ÷ 0.13) ÷ ($967,000)

= 7.69 times

For U.S Bluechips

= Price ÷ Earnings

= ($967,000 ÷ 0.13) ÷ ($967,000)

= 7.69 times

b. The new PE ratio is

= Price ÷ Earnings

= (($967,000 + $117,000) ÷ 0.13) ÷ ($967,000)

= 8.62 times

c. The new PE ratio is

= Price ÷ Earnings

= (($967,000 + $217,000) ÷ 0.13) ÷ ($967,000)

= 9.42 times

6 0
2 years ago
Which of the following is a task commonly performed using GAS?
Inga [223]

Answer:

The correct answer is letter "E": All of the above.

Explanation:

The Generalized Audit Software or GAS is a computer-based tool designed to carry out routine audits inside a company. It imports generalized data so then samples can be browsed to later be analyzed. The data is stored based on certain criteria identifiers for easiness in the search. Besides, confirmations of account receivables can be printed from the software.

8 0
3 years ago
Just need the solution to question one and I would be able to solve the rest. Thank you
barxatty [35]

Answer:

I know this answer ....

Explanation:

i give a hint to u- hydrogen

8 0
2 years ago
Merchandise with a sales price of $3,500 is sold on account with terms 2/10, n/60. The journal entry to record the sale would in
alexdok [17]

Answer:

debit to Accounts Receivable for $3,500 credit to Sales for $3,430

Explanation:

Merchandise with a sales price of $3,500 is sold on account with terms 2/10, n/60. The journal entry to record the sale would include a debit to Accounts Receivable for $3,500 credit to Sales for $3,430.

Since the goods were sold on account, it means that it was sold on credit and an entry to cash will be a wrong entry. The right Journal entry will be a debit to accounts receivable for the total amount and a credit to sales for the total amount less the proposed discount amount of 2%

6 0
3 years ago
Read 2 more answers
Assume that, after analyzing its business transaction, a firm has the following ending balances: accounts payable $3,400, accoun
Lady_Fox [76]

Answer:

Total Assets = $7,000

Explanation:

Total assets are sum of fixed and current assets

Fixed assets = Assets held for a period more than a year.

Here Equipment is fixed asset with a value of $3,000

Current Assets = Accounts Receivable, Cash balance, Prepaid rent, Supplies

= $2,000 + $1,000 + $600 + $400

=$4,000

Total assets = $3,000 + $4,000 = $7,000

8 0
3 years ago
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