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raketka [301]
4 years ago
10

When other factors such as health and illiteracy rates are added to global comparisons of GDP and population, which of the follo

wing is likely to be revealed?
A. rough comparisons between regions as data are not available
B. very wide differences in the standard of living
C. 2% of the world's GDP comes from agriculture in low-income countries
D. the similarity in the low degree of urbanization
Business
1 answer:
Andru [333]4 years ago
5 0

Answer:

The answer is B. very wide differences in the standard of living

Explanation:

Economists use Gross Domestic Product (GDP) which is the final value of all goods and services produced within a country during a given period of time, usually a year as the ultimate yardstick for measuring and ranking countries' wealth, standard of living and/or illiteracy level.

And GDP per capita measures a country's economic output per person. It is by dividing the GDP of a country by its total population. Countries with the highest value are known to have a high standard of living, better health care and high literacy level and vice-versa.

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Assume that a company announces an unexpectedly large cash dividend to its shareholders. In an efficient market without informat
HACTEHA [7]

Answer:

The correct option is A, abnormal price change at the announcement

Explanation:

Abnormal price increase before the announcement would only  be the case if the there was insider dealing, that is there exists information leakage.

An abnormal price decrease cannot be the case, the market prices a share based on its earnings' strength, in other words a stock with high dividends prospect is priced high.

Option D is wrong there would a price change stemming from the announcement made about large cash dividends payout

5 0
3 years ago
The Gap company caters to the needs of men and women by manufacturing three different lines of fashion-wear based on the purchas
Wittaler [7]

Answer: demographic

Explanation:

Demography simply has to do with population study. From the question, we are informed that The Gap company caters to the needs of men and women by manufacturing three different lines of fashion-wear based on the purchasing power of its customers.

This shows that Gap most likely segments the consumer market based on demographic variables.

3 0
3 years ago
You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends.
grandymaker [24]

Answer:

The geometric average return for the period 2.60%.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

Also note: See the attached excel file for the calculation of the return for each year.

In the attached excel file, return is calculated using the following formula:

Return = (Current year price - Previous year price) / Previous year price

The formula for calculating the geometric average return is given as follows:

Geometric average return = [(1 + R1)(1 + R2)(1 + R3)...(1 + Rn)]^(1/n) – 1 ……….. (1)

Where;

Ri = Return over the years I, where i = 1, 2, 3, …. n

n = number of years = 3

R1 = 2012 return = 0.10

R2 = 2013 return = -0.0727272727272727

R3 = 0.0588235294117647

Substituting the values into equation (1), we have:

Geometric average return = ((1 + 0.10)(1 - 0.0727272727272727)(1 + 0.0588235294117647))^(1/3) – 1

Geometric average return = (1.10 * 0.927272727272727 * 1.0588235294117647)^(1/3) – 1

Geometric average return = 1.07999999999999^0.333333333333333 - 1

Geometric average return = 1.02598556800602 - 1

Geometric average return = 0.02598556800602 = 0.0260, or 2.60%

Therefore, the geometric average return for the period 2.60%.

Download pdf
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
7 0
4 years ago
Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Se
sertanlavr [38]

Answer:

Results are below.

Explanation:

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

<u></u>

<u>First, we need to calculate the total unitary variable cost:</u>

Total unitary variable cost= 38 + 36 + 6 + 9

Total unitary variable cost= $89

<u>Now, the income statement:</u>

Sales= 8,400*120= 1,008,000

Total variable cost= 89*8,400= (747,600)

Total contribution margin= 260,400

Fixed manufacturing overhead= (151,300)

Fixed selling and administrative expense= (109,200)

Net operating income= (100)

The absorption costing method includes all costs related to production, both fixed and variable. <u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.</u><u> </u>

<u />

<u>First, we need to calculate the unitary production cost:</u>

Unitary production cost= 38 + 36 + 6 + (151,300 / 8,900)

Unitary production cost= $95

<u>Now, the income statement:</u>

Sales= 1,008,000

COGS= 8,400*95= (798,000)

Gross profit= 210,000

Total selling and administrative expense= 109,200 + (8,400*9)= (184,800)

Net operating income= 25,200

8 0
3 years ago
A community researcher wanted to explore the connection between the number of bathrooms in a house and the sale price of the hou
slava [35]

Answer:

A house's average sale price went up by $47,000 for each full bath.

Explanation:

A descriptive statistic describes the result of an study using quantitative terms. While a logical inferential statistic makes feasible predictions using the data described by the descriptive statistic.  

For example, a study showed that 70% of men prefer to go to work in the morning (descriptive statistic). The study showed that men are more likely to search for jobs in the morning shift (logical inferential statistic).

5 0
3 years ago
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