Answer:
The correct option here is option D) Mercantilism.
Explanation:
Mercantilism was a type of economic theory which was practiced around 16th - 18th century , that was based on a idea that a country's wealth and power could well be increased by increasing the exports and decreasing the imports, thus overall increasing the the trade.
This theory promotes that government should regulations on the country's economy to serve the purpose of augmenting state of power at the cost of rival country's powers. This is the same policy that China is using against U.S. in their favor to increase their monetary reserves , through a positive balance of trade.
Answer:
Tabor
The effect of the write-off of the bad debt or uncollectible is a reduction of the 2019 net income by $1,281.
Explanation:
The write-off of the bad debt also reduces the Allowance for Bad Debts account balance and the Accounts Receivable balance in the account of Tabor by $1,281. The purpose is to accurately report Tabor's net income by taking into account all expenses and losses, just as all revenues and incomes must be accounted for. This gives a more accurate picture of Tabor's financial performance during the current financial period.
Economic
and political structure like socialism and communism promote equality which aim
to eliminate social classes but, these two are quite different. According to Karl
Marx, socialism is a response to capitalism while communism is a result of the Russian
Revolution. Socialism was proposed by economists as a theoretical ideal but was
neither put into action nor to practice and communism in 1900s became the
dominant economic system. In actual sense, communism is a certain form of
socialism which is practiced in several modern democracies in Western Europe
today. Socialism permits private ownership of property or businesses, but communism
has the government take control in all property.
Answer:
e. Market development
Explanation:
Market development -
It is the strategy , which enables to find out new marketing segments for the current products , is referred to as market development .
The target of this market development are the non - buying customers and tries to target new consumers in the new segments .
Hence , from the given scenario of the question,
The correct term is market development .
Answer:
Unitary cost= $7.95
Explanation:
Giving the following information:
48 grams of material at $0.10 per gram
0.15 direct labor hours at $11.00 per hour
Overhead is applied at the rate of $10 per direct labor hour.
<u>We need to calculate the unitary production cost:</u>
Unitary cost= 48*0.1 + 0.15*11 + 0.15*10
Unitary cost= $7.95
