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Alexus [3.1K]
3 years ago
7

It is clear that to produce the maximum material comfort for its citizens, a nation needs to _______.

Business
1 answer:
mariarad [96]3 years ago
6 0

Answer:

(D) Specialize in producing something that it is relatively good at producing.

Explanation:

When a country specialises in production of a good it is relatively good at producing, its citizens will not find it difficult to manufacture the good for local consumption and export.

If the country needs product it is not good at producing it imports it from other countries that have a competitive advantage in producing it.

This will produce maximum material comfort for its citizens.

You might be interested in
Q 6.41: Which of the following companies is most likely to have lost sales due to an inventory shortage? Company 1 has an invent
V125BC [204]

Answer:

Company 1 is most likely to have lost sales due to an inventory shortage.

Explanation:

Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.

Company with highest Inventory turnover may lost sales due to inventory shortage.  Company 1 1 has the highest inventory turnover of 46.3. Which may lead to to the shortage of stock because the inventory in stock is more likely to sold earlier than other companies. High inventory turnover will lead to low inventory days.

6 0
3 years ago
At the beginning of the semester, the humanities instructor explains that there will be ten surprise quizzes over the semester,
katen-ka-za [31]
This is an interval schedule of reinforcement
6 0
3 years ago
Jansen Company’s general ledger showed a checking account balance of $25,120 at the end of May 2021. The May 31 cash receipts of
Alexxandr [17]

Answer:

$2,000

Explanation:

Use the format

Jansen Company’s

Bank reconciliation as of May 31, 2013.

Balance as per Bank Statement

Add Outstanding Checks

Less Unpresented Checks

Balance as per Cash Book

5 0
3 years ago
According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.
Rainbow [258]

Answer:

a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%.

  • $9,800

b. Journalize the entry to record the accrual of payroll taxes. If an amount box does not require an entry, leave it blank.

  • Dr FICA Social Security expense 6,600
  • Dr FICA Medicare expense 1,650
  • Dr Federal unemployment tax expense 200
  • Dr State unemployment tax expense 1,350
  •     Cr FICA Social Security payable 6,600
  •     Cr FICA Medicare payable 1,650
  •     Cr Federal unemployment tax payable 200
  •     Cr State unemployment tax payable 1,350

Explanation:

payroll taxes should be:

social security $110,000 x 6% = $6,600

Medicare $110,000 x 1.5% = $1,650

federal unemployment $25,000 x 0.8% = $200

state unemployment $25,000 x 5.4% = $1,350

total = $9,800

Both employees and employers must pay equal amounts of FICA taxes (social security and medicare), but only employees pay unemployment taxes.

8 0
3 years ago
A share of stock with a beta of 0.75 now sells for $50. Investors expect the stock to pay a year-end dividend of $2. The T-bill
Anna11 [10]

Answer:

What the investors will do depends on whether the actual return will be higher, lower or the same as the required return (Opportunity cost of capital) .

The Actual return can be calculated using the Holding Period Return which is;

= (Earnings(Dividends) + (Ending Stock Price - Beginning Stock Price))/Beginning Stock Price

= (2 + (52 - 50))/50

= 4/50

= 8%

The Opportunity Cost of Capital can be calculated using CAPM.

= Risk Free Rate + beta(Market Premium)

= 4% + 0.75(7%)

= 9.25%

The Opportunity Cost of Capital is greater than the Actual Return from the stock so the stock is a bad buy.

Investors will not invest.

7 0
3 years ago
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