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3 years ago

A major factor contributing to the slow growth rate of less developed economies is

1 answer:

4 0

The lack of well-defined and enforceable property rights is the major factor when it comes to the slowing growth rate of the less developed economies. Properties provide a big percent when it comes to economy value, and without a proper property rights, collecting taxes will not be implemented well.

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Because of large reserves that center around the Persian Gulf, the Middle East often produces as much as two-thirds of the world

gregori [183]

Your answer is D - petroleum.

the area around the Persian Gulf is desert so can't be the water, coal or cattle. But here it can be found large underground reserves of Petroleum.

8 0

3 years ago

Riggs Company purchases sails and produces sailboats. It currently produces 1,200 sailboats per year, operating at normal capaci

faltersainse [42]

Answer:

It is more convenient to produce the sails in house.

Explanation:

Giving the following information:

Riggs purchases sails at $ 250 each, but the company is considering using the excess capacity to manufacture the sails instead. The manufacturing cost per sail would be $ 100 for direct materials, $ 80 for direct labor, and $ 90 for overhead. The $ 90 overhead includes $ 78,000 of annual fixed overhead that is allocated using normal capacity.

Because there will not be an increase in fixed costs, we will not have them into account.

Variable overhead= 90 - (78,000/1,200)= 25

Unitary variable cost= 100 + 80 + 25= 205

It is more convenient to produce the sails in house.

8 0

3 years ago

Grouper Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first ye

Fynjy0 [20]

Answer:

Feb-01

Dr Cash $4,368,000

Cr Prefered stock $2,080,000

Cr Paid-in capital in excess of par value-Preferred $2,288,000

Jul-01

Dr Cash $7,134,000

Cr Prefered stock $6,150,000

Cr Paid-in capital in excess of par value-Prefered $984,000

Explanation:

Preparation of the journal entries

Feb-01

Dr Cash(41,600 shares*$105) $4,368,000

Cr Prefered stock(41,600 shares*$50) $2,080,000

Cr Paid-in capital in excess of par value-Preferred $2,288,000

($4,368,000-$2,080,000)

Jul-01

Dr Cash(123,000 shares*$58) $7,134,000

Cr Prefered stock(123,000 sahres*$50) $6,150,000

Cr Paid-in capital in excess of par value-Prefered $984,000

($7,134,000-$6,150,000)

3 0

3 years ago

Changes in variables, such as income, cost of living, interest rates, and savings and borrowing patterns most likely reflect cha

Effectus [21]

Answer:

A. economic

Explanation:

Economic environment -

It consists of all the economic factors that can affect the economic market , consumers behavior , is referred to as the economic environment .

These factor are capable to alter any business .

Any changes in the monetary value , like cash , income , savings and interest rate can alter the economic environment as well .

Hence , from the given information of the question,

The correct option is A. economic environment .

3 0

3 years ago

Assume the following amounts: Total fixed costs Selling price per unit Variable costs per unit If sales revenue per unit increa

sineoko [7]

Answer:

The correct option is c. 129,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Assume the following amounts:

Total fixed costs. $15,000

selling price per unit. $19

variable costs per unit. $12

if sales revenue per unit increases to $21 and 16,000 units are sold what is the operating income?

a 159,000

b. 336,000

c. 129,000

d. 144,000

The explanation to the answer is now provided as follows:

Since sales revenue per unit increases to $21, we use it as the selling price and proceed as follows:

Computation of Operating Income

Particular Amount ($)

Sales revenue (16,000 * $21) 336,000

Variable cost (16,000 * $12) (195,000)

Contribution 144,000

Fixed cost (15,000)

Operating income  129,000 

Therefore, the correct option is c. 129,000. That is, operatin income is $129,000.

5 0

3 years ago