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4 years ago

Which of the following identifies how much product transportation cuts into farmers' profits?

Business

1 answer:

11Alexandr11 [23.1K]4 years ago

6 0

Answer:

It can be 13 to 62 percent of retail sales.

Explanation:

Farmers grow crops after their day and night of struggle. They earn their livelihood by selling these crops. The transportation cost to commute crops from the farmers land to the retail market. If this transportation cost is minimized the farmers can earn better profit and raise their living standard. Also with better earnings farmers will be able to adopt new technological methods to grow agricultural products.

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Coworkers yvonne and rodney are trying to finish cleaning up the store by washing dishes and sweeping the floors. to finish both

Stells [14]

Yvonne and Rodney should determine which "has the comparative advantage in dish washing."

Comparative advantage is a economic term that alludes to an economy's capacity to create products and enterprises at a lower opportunity cost than exchange accomplices. A comparative advantage enables an organization to offer products and ventures at a lower cost than its rivals and acknowledge more grounded deals edges.

A standout amongst the most critical ideas in economic theory, similar preferred standpoint spreads out the case that all performing artists, consistently, can commonly profit by collaboration and deliberate exchange. It is likewise a basic rule in the theory of international trade.

6 0

4 years ago

Warren Company plans to depreciate a new building using the double declining-balance depreciation method. The building cost $800

nadezda [96]

Answer:

Option (C) is correct.

Explanation:

Here, we are using the double declining-balance depreciation method:

Given that,

Building cost = $800,000

Estimated residual value of the building = $50,000

Expected useful life = 25 years

Annual depreciation rate as per straight line method:

= 100 ÷ 25 years

= 4% per year

Hence, depreciation as per double decline balance method:

= 2 × Annual depreciation rate as per straight line method × Beginning value of each period

In year 1,

Ending value = Beginning value - Depreciation

= $800,000 - (2 × 4% × $800,000)

= $800,000 - $64,000

= $736,000

In year 2,

Depreciation = 2 × 4% × $736,000

= $58,880

5 0

3 years ago

Why is it important to consider how you will spend your retirement when planning for retirement?

hjlf

Answer:

Retirement planning is important because it can help you avoid running out of money in retirement. Your plan can help you calculate the rate of return you need on your investments, how much risk you should take, and how much income you can safely withdraw from your portfolio.

Explanation:

8 0

3 years ago

Simon purchases a bond, newly issued by Amalgamated Corporation, for $1000. The bond pays $60 to its holder at the end of the fi

monitta

Answer and Explanation:

The computation is shown below:

a. The principal amount is $1,000

The term is 3 years

The coupon rate is 6%

So, the coupon payment is

= $1,000 × 6%

= $60

b. At the closing of the second year, the remaining amount i.e. paid should be

= $1,000 + $60

= $1,060

Now if the rate of interest is 3%

So, the amount of $1,060 one year from today is

= $1,060 ÷ 1.03

= $1,029

And, if the rate of interest is 8%

So, the value of the bond today is

= $1,060 ÷ 1.08

= $981

And, if the rate of interest is 10%

So, the amount of the today bond is

= $1,060 ÷ 1.10

= $964

c. In the case of the bad news related to the amalgamated corporation

that results in the financial investors to have terror that the firm may be go to bankrupt because of non -payment of debt. In the case when the amount of $1,060 is not made so the financial investor would not be pay $1,000 as they are well known that they can earn 6% without have any risk

7 0

3 years ago

Treasury stock that had been purchased for $4,566 last month was reissued this month for $5,184. What would the journal entry to

miss Akunina [59]

Answer:

The answer can include both C and D. Description below.

Explanation:

We make the following records.

The treasury stock was reissued at a premium of 5184 - 4556 = $628

Since treasury stock is credit account by nature we debit to reduce it by the Amount of $4,566

$628 is to be credited to the paid in capital as this is premium received in excess of par value of the stock. Since there is no mention of premium or paid in capital account we may credit the Excess of Par/Common.

Hope that helps.

7 0

4 years ago