1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arturiano [62]
3 years ago
12

Some nations have traditionally been in poverty from one generation to the next, relying on tradition rather than experimenting

with new technology that might improve their standard of living. this explanation for global stratification is called ________. culture of poverty world system theory dependency theory theory of undeveloped nations
Business
1 answer:
Eddi Din [679]3 years ago
8 0
<span>The explanation for global stratification according to which some nations have traditionally been in poverty and rely in their tradition, rather to experiment with new technologies is called culture of poverty. Culture of poverty is term used is sociology that defines the cycle of poverty and explains why poverty exists.</span>
You might be interested in
Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000. The firm carries eight items
OLEGan [10]

a. The average aggregate inventory value is <em>$336,000.</em>

b. The number of weeks of supply that the firm has is <em>3 weeks</em>, approximately (2.69 ($336,000/$6,500,000 x 52).

c. The inventory turnover of Sapphire Aerospace for last year was<em> 19.3x.</em>

<u>Question Completion</u>:

Category        Part Number        Average           Value        Total      Category

                                              Inventory Units    per Unit      Value        Totals

Raw Materials      RM-1                20,000               $1        $20,000

Materials             RM-2                 5,000                 5          25,000

                            RM-3                 3,000                 6           18,000

                            RM-4                  1,000                 8            8,000      $71,000

Work-in-process WIP-1                 6,000                10         60,000

                            WIP-2               8,000                 12         96,000   $156,000

Finished goods   FG-1                  1,000                65         65,000

                            FG-2                   500                88         44,000   $109,000

Total value of inventory                                               $336,000  $336,000

Inventory turnover = Cost of goods sold/Average inventory

= 19.3x ($6,500,000/$336,000)

Thus, the average inventory value is $336,000, while the inventory turnover was 19.3x.

Learn more about inventory turnover here: brainly.com/question/5701250

3 0
2 years ago
Costs incurred regardless of the number of units of a product that are produced or sold are called:
Tema [17]

<span>C. Fixed Costs. Fixed costs are incurred regardless of the number of units of a product are produced or sold on a given period. Fixed costs are expenses incurred and remain unchanged within a relevant period. These costs are fixed in relation to the quantity of production for a certain period.</span>

4 0
3 years ago
Read 2 more answers
Sam's Pizzeria International Inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is an
Alisiya [41]

Answer:

The Adjusted trial balance is

Explanation:                                                 Amount in $

                                                               Dr.                           Cr.

Accounts Payable                                                           38,882

Intangible Assets                                 82,031

Accounts Receivable                           56,057

Interest Expense                                     4,089  

Accrued Expense Payable                                               58,333

Interest Revenue                                                                    732

Accumulated Deprecation                                               337,564

Inventories                                              27,410

Capital                                                                                  48,012

Land                                                         32,890

Advertising Expense                              63,473

Long Term Debt                                                                 230,561

Buildings & Leasehold                            203,651

Long Term Note Receivable                     12,821

Cash                                                            20,142

Other Assets                                              42,540

Common Stock                                                                      483

Other Long Term Liabilities                                                64,213      

Capital & Retained Earning                                                418,279

Prepaid and Other Current assets        36,838

Depreciation Expense                           39,995

Rent and Utilities Expense                    215,720  

Equipment                                              320,520        

Total                                                     <u>1,158,177 </u>                   <u>1,158,177</u>

<u>Note: </u>In absence of sales revenue, other expenses and paid up capital data which is missing in question, the capital and retained earnings are taken as balancing figure                                                                                

4 0
2 years ago
When input costs increase
sveticcg [70]
There is a movement up along an existing supply curve
4 0
3 years ago
Read 2 more answers
Which of the following represents a market failure?
Marat540 [252]

Answer:

a. Shopping for used cars when the seller has private information about the car unavailable to the buyer

Explanation:

When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.

Hence this leads to inefficient outcome and therefore market fails.

Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.

Hence option first is the correct answer.

7 0
3 years ago
Other questions:
  • Effective lessons planning helps early childhood teachers
    10·1 answer
  • Your firm needs a machine which costs $260,000, and requires $47,000 in maintenance for each year of its 10 year life. After 5 y
    10·1 answer
  • An effective concurrent strategy for dealing with employee theft of supplies and equipment is ________.
    12·1 answer
  • Consider the relative liquidity of the following assets: Assets 1. A $5 bill 2. The funds in a savings account 3. A boat you own
    6·1 answer
  • A company's board of directors votes to declare a cash dividend of $1.10 per share of common stock. The company has 22,000 share
    13·1 answer
  • The accountant for Murphy Company prepared the following analysis of its inventory at year end: Item Units Cost per Unit Net Rea
    6·1 answer
  • What happened in 1935 with the United States Congress surrounding employee benefits?
    12·1 answer
  • Received contributions of $ 10 comma 000$10,000 in exchange for common stock. a. Increase asset (Cash) ; Increase equity (Common
    7·1 answer
  • Xugo hit tht new rank ;0<br> good job bby
    7·1 answer
  • Entrepreneurial development is the key to achieve all-round
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!