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Elza [17]
4 years ago
5

How does arable land play an important role in a nation’s development?

Business
1 answer:
Aleks [24]4 years ago
7 0

Answer:

The correct answer would be option A, The amount of arable land affects the agricultural output of a nation.

Explanation:

Arable land is a land which is capable of producing crops. A land where soil can be ploughed and crops can be grown, is know as the Arable Land. When crops are grown in a country, they help the country to increase their agricultural output. So arable land affects the agricultural output of the country or nation. For example, if a land is arable, farmers grow crops like potatoes, carrots, tomatoes, cucumbers, etc, and help the country in boosting the agricultural area. This would contribute towards the increase in the gross domestic product of the country.

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Turner Corporation acquired two inventory items at a lump-sum cost of $100,000. The acquisition included 3,000 units of product
inessss [21]

Answer:

The amount of gross profit Turner Corporation should recognize is $20,000.

Explanation:

The following are given in the question:

Lump-sum cost = $100,000

Units of LF acquired = 3,000

Units of 1B acquired = 7,000

LF price per unit = $30

1B price per unit = $10

Unit of LF sold = 1,000

Therefore, we have:

Share of LF in the Lump-sum cost = (Units of LF acquired / (Units of LF acquired + Units of 1B acquired)) * Lump-sum cost = (3,000 / (3,000 + 7,000)) * $100,000 = $30,000

LF cost per unit = Share of LF in the Lump-sum cost / Units of LF acquired = $30,000 / 3,000 = $10

LF total revenue = Unit of LF sold * LF price per unit = 1,000 * $30 = $30,000

LF cost of goods sold = Unit of LF sold * LF cost per unit = 1,000 * $10 = $10,000

LF gross profit = LF total revenue - LF cost of goods sold = $30,000 - $10,000 = $20,000

Therefore, the amount of gross profit Turner Corporation should recognize is $20,000.

3 0
3 years ago
1. Financial institutions in the U.S. economy Suppose Hubert would like to use $10,000 of his savings to make a financial invest
siniylev [52]

Answer:

c and e

Explanation:

4 0
3 years ago
Responses such as perspective taking, creating solutions, expressing emotions, and reaching out are considered ______ responses
Anestetic [448]

These are named Active and Constructive responses to conflict.

These responses are called active as from the question portion it's clear talking related to the perspective, creating its solutions related to the issues expressing the emotions and at the end to reaching out the point of solution are denoted as the Active.

It's constrictive because the variation step by step makes you understand the positioning and clear the mindset which illustrates the position and makes it constructive.

On the other side, reflective thinking, delaying responding, and adopting are known as passive and constructive responses.

For more questions like this Active and Constructive responses visit the link below:

brainly.com/question/26009383

#SPJ4

4 0
1 year ago
[Related to Application 1.3] In 2013, the International Monetary Fund suggested that nations impose a one-time 10% tax on all ac
Maslowich

This will likely deter people from accumulating wealth in future.

Answer: Option 3.

<u>Explanation:</u>

Taxes are the amount of money that the citizens have to pay to the government. It is obligatory in nature. And in return to these taxes, the government will provide services to the citizens of the country.

But since the citizens have to pay to the government from their own personal  income, so it pinches the citizens. An additional tax on the wealth of the citizens will deter the people to save and accumulate the wealth in future and will not motivate them.

3 0
3 years ago
When people who buy insurance change their behavior after the purchase because they are protected from loss by the​ insurance, t
coldgirl [10]
u get money back from what u brake or what is stolen that is the meaning
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4 years ago
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