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3 years ago

In 2017, if the PPP per capita of China was $16,760 and the PPP per capita of the United States was $60,200, this means that the

Business

1 answer:

evablogger [386]3 years ago

7 0

Answer:

e. cost of living was lower in China.

Explanation:

Here are the options to this question

. GNI per capita was greater in China.

b. standard of living in China was better.

c .annual average GDP growth rate was lower in China.

d. percent of goods and services consumed in the United States was lower.

e. cost of living was lower in China.

PPP per capita = purchasing power parity / population.

PPP per capita gives the price of a basket of goods per capita.

A lower PPP per capita compared to another country means that price is lower in that country and that the cost of living is lower

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Land of Many Lakes (LML) sells butter to a broker in Albert Lea, Minnesota. Because the market for butter is generally considere

Mrac [35]

Answer: d. choose the price at which it sells its butter.

Explanation:

In a competitive market, the individual sellers do not choose a price to sell at but rather the market does. This is due to the high number of sellers in the market so individual sellers do not have bargaining power.

The price will therefore equal the firm's marginal revenue as well as Average revenue.

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3 years ago

Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Div

amid [387]

Answer:

$202,409

Explanation:

Firstly, we will need to calculate Break even in sales dollar for division Q using the formula;

= Division Q fixed cost / contribution margin ratio

Division Q fixed cost = $89,060

But,

Contribution margin ratio = Contribution margin / Sales

Contribution margin ratio = $161,920 / $368,000

Contribution margin ratio = 44%

Therefore, the Break even in sales dollar for Division Q

= $89,060 / 44%

= $202,409

The Break even in sales dollars for Division Q is closest to $202,409

7 0

3 years ago

Budgeted sales are expected to be: January 200 Units February 300 Units March 400 Units April 300 Units May 400 Units Selling Pr

erik [133]

Answer:

Sales Budget for January, February, March and April

January February March April

Budgeted Sales Units 200 300 400 300

Selling Price $10 $10 $10 $10

Budgeted Sales $2,000 $3,000 $4,000 $9,000

Production Budget for January, February, March and April

January February March April

Budgeted Sales Units 200 300 400 300

Budgeted Production Units 200 300 400 300

Explanation:

Sales Budget shows a forecast of the future sales revenues expected by the Company.It is the first budget to be prepared from which all other companies budget are created.

Sales Budget for January, February, March and April

January February March April

Budgeted Sales Units 200 300 400 300

Selling Price $10 $10 $10 $10

Budgeted Sales $2,000 $3,000 $4,000 $9,000

Production Budget for January, February, March and April

Hint : Since there are no targets for beginning or closing inventories, then Sales are equal to production.

January February March April

Budgeted Sales Units 200 300 400 300

Budgeted Production Units 200 300 400 300

4 0

3 years ago

The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the e

STatiana [176]

Answer:

A matter of timing

Explanation:

The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the evaluation and adjustment lags is called <u>a matter of timing.</u> The reason being that it can be difficult to time fiscal policy to shift the AD curve at the right moments.

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3 years ago

A registered representative solicits a new customer to purchase a "penny stock." Prior to effecting the transaction, which proce

marta [7]

Answer: StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

Explanation:

The options to the question are:

StatusA A. Send a prospectus to the customer

StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

StatusC C. Have the branch manager approve the order and then fill the customer's order in the same manner as with any other security

StatusD D. Send the customer a Subscription Agreement to be signed before filling the order.

The correct answer is StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order.

Under the penny stock rule of the Securities exchange commission, when a new customer is being solicited by a registered representative to purchase an over-the-counter stock non-NASDAQ, a detailed statement must be completed by the registered representative on behalf of the customer.

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4 years ago