Answer:
B and C
Explanation:
The correct statements about the factor-price equalization and the effects of transportation costs are:
- Free trade, in the absence of transportation costs or other barriers to trade, tends to equalize product prices and factor prices.
- Transportation costs prevent product prices from equalizing.
Answer:
The answer is $330,000
Explanation:
Cash paid to suppliers is the total amount of cash paid to its creditors.
We can find that through:
Cost of sold
Minus: Decrease in inventory
Plus: Decrease in accounts payable
=Cash paid to suppliers.
Now let's start:
Cost of sold - $450,000
Decrease in inventory - $160,000
Decrease in accounts payable- $40,000
$450,000 - $160,000 + $40,000
=$330,000
Therefore, Cash paid to suppliers is $330,000
Knock, Knock...
-Who’s there?
-interrupting cow
-interrupti—
-MOOOOO
A business level strategy primarily details the goal-directed actions managers take in their quest for competitive advantage when competing in a single product market.
