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3 years ago

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

Business

1 answer:

fomenos3 years ago

7 0

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.

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Steve purchases some land for $30,000. He maintains it, but makes no improvements to it. One year later he sells it for $32,000.

Neporo4naja [7]

Answer:1. The higher before tax real gain is for Steve for $2000 i.e (32,000- 30,000) while Stephanie makes $1800(6% of $30,000)

2. The higher after tax real gain is for Stephanie losing 35% of her income

which reduce her income to $1170 while Steve loss 50% of his income which reduce to $1000.

Explanation

The inflation rate is not considered in the calculation because it's constant for both parties.

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2 years ago

XYZ Corporation reported a $35,000 increase in inventory and a $7,000 decrease in accounts payable during the year. XYZ's cost o

Angelina_Jolie [31]

Answer:

42,000

Explanation:

net inventory change + net a/p change

7 0

3 years ago

Sue can either borrow $10,\!000$ dollars for $5$ years with a simple interest of $7\%$ annually or an interest which compounds a

dalvyx [7]

She would have to pay back for the more expensive interest than the less expensive interest which will be calculated in the form of simple interest and compound interest .

Simple interest

10000 x .07 = 700

700 x 5 = 3500

total 13500

Compund interest

10000(1.06)^5 = 13382.26

13500 - 13382.26 = 117.74

118 rounded

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3 0

2 years ago

Job costing, accounting for manufacturing overhead, budgeted rates. The Pisano Company uses a job-costing system at its Dover, D

Wittaler [7]

Answer:

Budgeted manufacturing overhead rate in the machining department is $49.00 per machine hour. In the finishing department is $52.78 per direct labor hour.

Explanation:

<em>Budgeted manufacturing overhead rate = Budgeted Overheads ÷ Budgeted Activity</em>

Note that ;

1. Machining department has machine- hours as the allocation base.

2.Finishing department has direct manufacturing labor costs as the allocation base

Therefore,

Budgeted manufacturing overhead rate (Machining department) = $9,065,000 ÷ 185,000 = $49.00 per machine hour

Budgeted manufacturing overhead rate (Finishing department) = $8,181,000 ÷ 155,000 = $52.78 per direct labor hour

Conclusion

Budgeted manufacturing overhead rate in the machining department is $49.00 per machine hour. In the finishing department is $52.78 per direct labor hour.

8 0

2 years ago

When the dollar depreciates, each dollar buys

Darya [45]

Answer:

Explanation:

more foreign currency, and so buys fewer foreign goods.

4 0

3 years ago