1. Economists use real GDP as a measure of living standards as it eliminates the effects of inflation by using the price index of the base period over the current period, which is also called the GDP deflator.
2. Real GDP per capital. Reason explained above.
3. 5million dollars divided by 100, therefore it would be 5000.
4. False. With the advancement of technology, capital becomes more productive and efficient, meaning they produce more output using the same amount of input.
Answer:
C. Identify Requirements
Explanation:
Individuals who are assigned the responsibility of resource management should first of all identify resource requirements.
Identification of requirements relates to the quantum of resources required, the place where they are required and the recipient of those resources.
Resource needs and requirements change from time to time as per the situation. Resource requirements mean the quantity and the kind of resources that would be required for completion of a project.
Thus, Identify Requirements determines the type, quantity, receiving location and the users of those resources.
Answer:
Intrinsic value of the stock is = $10
Explanation:
<em>The value of a stock is the present value of the expected dividends discounted at the required rate of return.</em>
We can determine the intrinsic value of a stock using the steps below:
Step 1
<em>Calculate the cost of equity using the capital asset pricing model (CAPM)</em>
E(r)= Rf +β(Rm-Rf)
E(r) =? , Rf- 4%, Rm- 13%, β- 4
E(r) = 4%+ 4× (13- 4)%
= 40%
Step 2
<em>Calculate the value of stock</em>
Price of stock = D(1+g)/(r-g)
r- 40%, g- 10%, D(1+g)- 3 (dividend payable in year 1)
Value of stock = 3/(0.4-0.1)
= $10
Intrinsic value of the stock is = $10
Answer:
(A) I, II, and IV only
Explanation:
The Material Requirements Planning MRP is used to calculate tha materials needed for production. It may be done by software but it can be done without any technological tool.
The most important information for MRP is about the available inventory for future production, in this way the company will know what materials are needed for future production. To provide the materials on time it is necessary to know the master schedules of production, making sure that the supplies will be ready on time for manufacturing process. Finally, the accurate Bills of materials are used as a check list to verify that there is not any pending component for the production process. Even when the MRP may include costs, it is not a vital component for the system and some companies can have MRP without including costs.
Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and sells the sunglasses in the mall kiosks. Shamrock is in the process of budgeting for the coming year and has projected sales of $310,000 for January, $390,000 for February, $550,000 for March, and $590,000 for April. Shamrock's desired ending inventory is 30 percent of the following month's cost of goods sold. Cost of goods sold is expected to be 20 percent of sales. Required: Compute the required purchases for each month of the first quarter (January- March) January February March Required Purchases