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3 years ago

Without technological advancement, how can a nation achieve economic growth

2 answers:

5 0

Without technological advancement, a nation achieve economic growth through an increase in supplies of factors of production. Economic growth would be achieved if the factors are available in sufficient quantity and at lower price. This situation sill lead to increase in production. This would increase the supply of a product in the market which will result in economic growth.

mario62 [17]3 years ago

4 0

<span>Any nation can achieve economic growth by increasing the supplies for factors of production even without any technological advancement. These factors of production includes the resources and the services that are used for production like the investments, land, labor and management. If there is a strong establishment of Law in the country that can lead to economic growth as well.</span>

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Describe two factors that have led to the greater interconnectedness of countries.

fomenos

Answer:

1. Liberalization of foreign trade and foreign investment policies

2. Information technology

Explanation:

1. Liberalization of foreign trade and foreign investment policies. Trade liberalization means removing constraint or impediments to free flow of trade among countries in the world. It enables import and export to take place hence led to interconnectedness of countries.

Also, foreign companies are allowed and able to locate their business outlet in their host country. Due to foreign investment policies, there is fusion of market and production thus leading to interconnectedness of countries.

2. Information technology. Constant improvement in information technology has led to interconnectedness of countries. For instance, the use of internet(social media) comes at a lower cost hence messages can be sent from a remote area and goes viral around the world immediately it is sent.

Also telecommunication gadgets such as mobile phones, telegraphs, fax connects people and business across several race and continents.

7 0

3 years ago

The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:Cash a

KiRa [710]

Answer:

1. $90,000

2. $5,000

3. $20,000

Explanation:

1. Calculation to Determine the Total current assets

First step is to calculate the Total current liabilities using this formula

Total current liabilities=Accounts payable + Wages payable + Accrued Interest

Let plug in the formula

Total current liabilities=$44,000 + $15,000 + $1,000

Total current liabilities= $60,000

Now let calculate the Total current assets using ratio 1.5

Total current assets =1.5 × $60,000 x 1.5

Total current assets=$90,000

Therefore the Total current assets will be 90,000

2. Calculation to Determine the Short term investments using this formula

Short term investments=Total current assets - Cash - Accounts receivable - Inventories

Let plug in the formula

Short term investments=$90,000 - $5,000 - $20,000 - $60,000

Short term investments= $5,000

Therefore the Short term investments will be $5,000

3. Calculation to Determine the Retained earnings

First step is to calculate the Total Assets

Cash and cash equivalents $5,000

Add Accounts receivable (net) $20,000

Add Inventories $60,000

Add Short term investments $5,000

Add Property, plant, and equipment (net) 120,000

TOTAL ASSETS $210,000

Now let calculate the Retained Earnings

Total Assets $210,000

Less Accounts payable ($44,000)

Less Salaries payable ($15,000)

LessAccrued interest ($1,000)

Less Notes payable ($30,000)

Less Paid-in capital ($100,000)

RETAINED EARNINGS $20,000

Therefore the Retained Earnings will be $20,000

4 0

3 years ago

A corporation issued $600,000, 10%, 5-year bonds on January 1, 2017 for $648,666, which reflects an effective-interest rate of 7

VashaNatasha [74]

Answer:

correct option is a. $617,911

Explanation:

given data

issued = $600,000

rate = 10 %

time 5 year

amount = $648,666

effective-interest rate = 7%

solution

we get here carrying value so first we get here Interest paid per semiannual period that is

Interest paid per semiannual period = $600000 ×10% × $\frac{6}{12}$

Interest paid per semiannual period = $30000

and

Interest expense on 30 June = $648666 × 7% × $\frac{6}{12}$

Interest expense on 30 June = $22703

and

Interest expense on 30 December = $641369 × 7% × $\frac{6}{12}$

Interest expense on 30 December = $22448

Interest expense on 30 June = ($641369 - $7552) × 7% × $\frac{6}{12}$

Interest expense on 30 June = $22184

and

Interest expense on 30 December = ($633817 - $7816) × 7% × $\frac{6}{12}$

Interest expense on 30 December = $21910

so as that we get Carrying value of 1st January that is

Carrying value of January 1 = $633817 - $7816-8090

Carrying value of January 1 = 617911

so correct option is a. $617,911

7 0

3 years ago

Managers should avoid satisficing in the ____ stage of the managerial decision-making process.

kap26 [50]

The answer is selecting an alternative. It is because it is not always satisfying or a guarantee of using an alternative in the stage of managerial decision making process because sometimes it won’t suit or will be helpful in solving the problem.

7 0

3 years ago

According to the afl-cio 2009 report, death on the job: the toll of neglect, “the full extent of occupational injuries and illne

Dmitriy789 [7]

<span>This fact indicates that a number of the injuries and illnesses taking place while working are not being reported faithfully. This might be due to a reticence on the part of the employees regarding being found out about working while sick, or it could be that businesses are worried about excess costs associated with workplace injuries.</span>

3 0

3 years ago