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nignag [31]
3 years ago
8

Importance of technology in today's industry?​

Business
1 answer:
Crank3 years ago
3 0

Answer:

Without technology we can’t improve our life.  And without improving technology we are stuck.  Technology is solving all kinds of problems in the world. You can’t remove the problems, there will still be here even if you stop improving technology. And if you solve them, more problems will come.  So technology is used to continuously solve problems, to improve people’s life, economy, education, and so on.  What I think is that technology is one of the pillar of world development. If you remove it, everything else will fall.

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Real GDP is the value of final goods and services produced in a year expressed in the prices of that same year. during a recessi
laila [671]

Answer:

The correct answer is: expressed in the prices of a base year.

Explanation:

Real GDP is an inflation-adjusted measure to calculate changes in economic output. It calculates the value of final goods and services produced in an economy in a year expressed in the prices of a base year.

Real GDP does not include changes in the price of products as it is calculated at constant prices.  

Nominal GDP, on the other hand, is calculated on the basis of current prices. It includes changes in prices and is not inflation-adjusted. That is why real GDP is preferred over nominal GDP.

6 0
3 years ago
Jackson Company purchased office equipment costing $3,000 for his business and paid immediately. Record this transaction in the
OLga [1]

Answer:

Explanation:

The accounting equation is shown below:

Total assets = Total liabilities + Shareholder's equity

In the given transaction, the office equipment was purchased for $3,000 and it is paid immediately which means the balance of office equipment is increased and the cash balance is decreased.  

It gives a positive impact on office equipment under fixed assets and a negative impact on the cash balance under the current assets.

8 0
3 years ago
Two general contractor firms, Atlantic Builders and North West Mechanical, form a joint venture for the purposes of completing a
gregori [183]

Answer:

(d) Atlantic Builders and North West Mechanical are both liable.

Explanation: Because the incident happened at working site and both companies are on a joint venture, they are both liable to the damage regardless of which company does the employee belong to.

Answer:

(d) Against the shareholders, if it finds that Clean Earth has acted in a "responsible and sustainable manner."

Answer:

(b) Yes, if all of the shareholders are U.S. citizens or residents.

7 0
3 years ago
Lee Kwon is a Korean worker who has been transferred by his company to the United States for six months to negotiate a supplier
Greeley [361]

Answer:

high-context culture

Explanation:

A high-context culture is a form of communicating with people in which the language and its rules play a very blurred role. The communication is primarily executed through the use of contextual elements like the language of the body, the tone used. Only the required information is set out for communication and the verbal expressions are kept aside. The members focus primarily on interpersonal relationships.

8 0
3 years ago
Vaughn uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $14.
mixas84 [53]

Answer:

Ending inventory= $144,150

Explanation:

Giving the following information:

Beginning inventory consisted of 7200 units that cost $14.00 each.

Purchase:

3000 units at $15.00 each

12,200 units at $15.50 each.

Vaughn also sold 13,100 units during the month.

<u>To calculate the ending inventory using the FIFO (first-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>

Ending inventory= 9,300*15.5

Ending inventory= $144,150

4 0
3 years ago
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