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3 years ago

The consequences of free trade include both static and dynamic economic gains.

1 answer:

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The answer is option "a-true".
According to the speculations or theories of Smith, Ricardo, and Heckscher-Ohlin, the consequences of free trade include both static and dynamic economic gains. It includes static economic gains because free trade supports a more elevated amount of local utilization and more proficient use of assets, and the reason dynamic economic gains are included in free trade consequences is that free trade stimulates monetary development and the formation of wealth.

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The units of an item available for sale during the year were as follows: Jan. 1 Inventory 30 units at $110 Mar. 10 Purchase 60 u

vova2212 [387]

Answer:

Concept/Method W-A FIFO LIFO

Ending Inventory $ 14,280 10,240 9,300

COGS $ 21,420 25,460 26,400

Explanation:

First, we calcualte the goods available for sale through the year:

Jan. 1 Inventory 30 units at $110 = 3,300

Mar. 10 Purchase 60 units at $120 = 7,200

Aug. 30 Purchase 10 units at $124 = 12,400

Dec. 12 Purchase 100 units at $128 = 12,800

Goods Available: 200 units Cost: 35,700

Weighted average:

we divide the cost of goods available over the units :

35,700 / 200 = 178.5

Then we multiply for COGS and EI

120 units x $ 178.5 = $ 21,420 COGS

80 units x $ 178.5 = $ 14,280 Ending Inventory

FIFO

The first untis(oldest) are COGS and the last are inventory.

we determinate the ending inventory from the last row:

Dec. 12 Purchase 100 units at $128 = 12,800

On ending inventory there is 80 units so:

80 units x 128 = 10,240

Then COGS will be the diffrence between cost of good available and ending inventory:

35,700 - 10,240 = 25,460

LIFO

the last units (newest) are COGS and the first are inventory

we determinate the ending inventory from the first row:

Jan. 1 Inventory 30 units at $110 = 3,300

Ending invenotory 80 units - 30 units = 50 more units

we "grab" one more row:

Mar. 10 Purchase 60 units at $120 = 7,200

from we he need 50 units at 120

so ending inventory is:

30 units at $ 110 = 3,300

50 units at $ 120 = 6,000

Total 9,300

Then, COGS is calculated by dfference like FIFO:

35,700 availalbe goods - 9,300 ending inventory = 26,400

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3 years ago

The passage is primarily concerned with(A) evaluating a method used to test a particular scientific hypothesis(B) discussing exp

oksian1 [2.3K]

Answer:

The correct answer is (B) discussing explanations for an unexpected scientific finding.

Explanation:

A serendipity is a discovery or a fortunate, valuable and unexpected finding that occurs accidentally, by chance or by destination, or when a different thing is being sought. It can also refer to the ability of a subject to recognize that he has made an important discovery even if it is not related to what he is looking for. Serendipities are frequent in the history of science. There are also cases of serendipity in literary works, when an author writes about something he has imagined and is not known in his time, and it is subsequently shown that this exists as defined by the writer, with the same details. It should not be confused with anticipation or science fiction, where much more generic inventions are advanced than almost everyone thinks they will probably exist one day.

6 0

3 years ago

Discontinue a Segment Product Tango has revenue of $1,150,000, variable cost of goods sold of $850,000, variable selling expense

Ronch [10]

Answer:

A) Differential analysis is shown below

B) its product should be continue.

Explanation:

As per the data given in the question,

Continue product Discontinue product Differential

Tango(Alt 1) Tango(Alt 2) Effects (Alt 2)

Revenue $1,150,000 $0 -$1,150,000

Costs:

Variable COG Sold -$850,000 $0 $850,000

Variable selling and admin expenses -$275,000 $0 $850,000

Fixed costs -$125,000 $0 $275,000

Profit(Loss) -$100,000 -$125,000 -$25,000

As per analysis discontinuance of product Tango will enhance the amount of loss by $25,000, so it is recommended to continue the operation.

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3 years ago

Hollister and Gladys do business as partners in Frothy Confections. For federal income tax purposes, Frothy Confections would be

BARSIC [14]

A a pass through entity I hope it ok

6 0

3 years ago

Read 2 more answers

Need Help ASAP Its a Career Planing

In-s [12.5K]

Answer:

All of the above

Explanation:

A Library is an accumulation of resources, materials and educational documents for the purpose of knowledge sourcing. It can be a physical building loaded with materials, journals, publications, etc, or an online platform.

A public library is a library open to everyone basically for the acquisition of knowledge online or offline. It also provides services such as access to internet facility, a quite environment, library staffs helping to sort for documents, photocopying borrowing of books, little entertainment, research resources, etc

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3 years ago