Answer:
a. benchmarking
Explanation:
Benchmarking is a management strategy that a business uses to measure productivity, or set goals based on the industry's best practices. An organization applies the benchmarking approach to evaluate its quality, processes and procedures, and performance against that of other firms. An organization uses the benchmarking report to improve its operating and product standards.
Benchmarking can be internal or external. Internal benchmarking involves comparisons between teams, departments, or individuals within an organization. External benchmarking is where a firm gauge its critical operations against those of its competitors or other similar companies.
Answer:
b. The U.S. has an absolute advantage in computer chips manufacturing.
Explanation:
South Korea's opportunity cost of producing 1 bed linen = 100/50 = 2 computer chips. Where, US' opportunity cost of producing 1 bed linen = 150/100 = 1.5 computer chips.
As US' opportunity cost of producing 1 bed linen is less than that of South Korea's , Therefore, US has comparative advantage in production of bed linen and south korea will have comparative advantage in production of the other good i.e. computer chips.
Now looking at the absolute advantage, US has absolute advantage in production of both goods i.e. Bed linen and computer chips, because using same one hour of labor input, US can produce more bed linen and computer chips than South korea does.
Answer:
$72,996.20
Explanation:
PV=X(1+i)^n
i=8/100 = 0.08
X=$46,00
n=6
PV=46000 ( 1 + 0.08)^6
Pv=46000(1.08)^6
Pv=46000(1.586874)
Pv=72996.204
Pv=$72996.20
The present value of $46000 invested for six years at 8% is $72,996.20
Answer:
3) Jack has anticipatorily repudiated the contract and Hal and Sophia can immediately consider the contract to be breached.
Explanation:
Anticipatory repudiation of a contract refers to one party breaching the contract by declaring that they do not intend to perform consideration. Anticipatory repudiation is a type of contract breach, and as soon as the other party is notified about it, it can decide to claim any type of compensatory damages that may result from the breaching.
Answer:
$20
Explanation:
Current Stock Price:
= (Net income ÷ common shares outstanding) × P/E ratio
= (900,000 ÷ 300,000) × 8
= $24
No of Stock Dividend issued:
= common shares outstanding × Percent of stock dividend approved
= 300,000 × 20%
= 60,000
No of Outstanding Sharing share after stock dividend:
= common shares outstanding + No. of Stock Dividend issued
= 300,000 + 60,000
= 360,000
Common stock price after the stock dividend:
= = (Net income ÷ common shares outstanding after stock dividend) × P/E ratio
= (900,000 ÷ 360,000) × 8
= $20
