President _______ worked with colombia for the opportunity of building a canal in panama.

Why are costs and benefits weighed when determining whether something gets produced

katrin2010 [14]

Answer:

Costs and benefits are weighed to determine if producing the good will be profitable.

Explanation:

Production of goods refers to the process through which raw material and resources are converted to a finished product. In most economies, production of goods are services is necessary to meet the demand for these goods. Companies and firms utilize resources like labor and materials to produce finished products. This is usually a costly activity that needs to be planned and organized for it to be successful. Since most businesses is for profit making, the production process has to be done in such a way that in the end, profits are made. Production processes requires financial strategies to be applied and assessed to ensure that the process is profitable in the long run.

An example of a financial analysis that can be used is the cost benefit analysis. The cost benefit analysis involves determination of all the resources that will be needed as input. The input is then convert into monetary terms, then summed together. The total amount of input in monetary terms is the cost, since that i the total amount needed to process the raw materials to finished goods. The future benefits are also forecasted and converted into monetary terms. The comparison of the costs versus the benefits forms what is collectively termed as the cost and benefits analysis.

When the costs outweigh the benefits, then the good should not be produced. When the costs are equal to the benefits, it means the business will break-even, so there will be no profits, it is advisable not to produce the good. Finally, when the benefits outweigh the costs, it is advisable to produce the good.

7 0

4 years ago

Ginger feels like she is very qualified for a Revenue job. Which qualifications does Ginger most likely have?

sdas [7]

The qualifications Ginger most likely have to become very qualified for a Revenue job are <span><span>4- integrity, ability to analyze tax forms, and good math skills

</span>Revenue is defined as the </span><span>amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. This transaction involves money and sometimes large amount of money. Thus, integrity is greatly needed.
</span>
Revenue job examples are Revenue Accountant, Revenue Analyst, Revenue Manager.

8 0

4 years ago

If you have $3,000 invested in a roth ira, what is true about your contribution?

Arlecino [84]

A. You have already paid taxes on the money, so it will grow tax free.

5 0

4 years ago

On January 1, 2019, Marigold Corp. Had the following stockholders' equity accounts.

Temka [501]

a. The preparation of the stockholders' equity section of the balance sheet at December 31 foro Marigold Corp. is as follows:

<h3>Stockholders' Equity Section:</h3>

Marigold Corporation

<h3>Balance Sheet</h3>

At December 31, 2019

Common Stock ($5 par value)

186,560 shares issued and outstanding $932,800

Paid-in Capital in Excess of Par Value-Common Stock 268,880

Retained Earnings 446,408

Total equity $1,648,088

b. The payout ratio and return on common stockholders' equity are as follows:

Payout ratio = Cash Dividends/Net Income

= 94% ($206,912/$220,000 x 100)

Return on Common Stockholders' Equity = Net Income/Beginniing Outstanding Equity

= 13.5% ($220,000/$1,635,000 x 100)

<h3>Data and Analysis:</h3>

Common Stock ($10 par value)

84,800 shares issued and outstanding $848,000

Paid-in Capital in Excess of Par Value-Common Stock 218,000

Retained Earnings 569,000

Total equity $1,635,000

Jan. 15 Retained Earnings $94,976 (84,800 x $1.12) Cash Dividends Payable $94,976

Feb. 15 Dividends Payable $94,976 Cash $94,976

Apr. 15 Retained Earnings $135,680 Stock Dividends Payable $135,680 ($16 x 84,800 x 10%)

May 15 Stock Dividends Payable $135,680 Common Stock $84,800 Paid-in Capital in Excess of Par Value $50,880

July 1 Common Stock increased to 186,560 at $5 each (84,800 + 8,480 x 2)

Dec. 1 Retained Earnings $111,936 (186,560 x $0.60) Cash Dividends Payable $111,936
Dec. 31 Net income for the year = $220,000

<h3>Retained Earnings:</h3>

Beginning balance $569,000

Net Income 220,000

Dividends:

Jan. 15 Cash Dividends (94,976)

Apr. 15 Stock Dividends (135,680)

Dec. 1 Cash Dividends (111,936)

Ending balance $446,408

Learn more about the stockholders' equity section at brainly.com/question/13373888

#SPJ1

3 0

2 years ago

Please answer the following questions to describe an instance in which you, an acquaintance, or family member has experienced an

AlexFokin [52]

Answer:

The externality that affected me was the U.S. recession of 2018.

Explanation:

The externality is the term that refers to a variation in a outside factor that end up affecting persons involve in a business that is not related directly to the outside factor that changed.

1. The 2008 recession made harder for me to get a job in the restaurant sector even though the prices of the restaurants and hotels continued to be the same, many person have to cut their expenditure in tourism as the recession significantly impacted the financial institutions and many persons were laid off from their jobs which decreased consumption.

2. The effects of the recession were: increase in the unemployment, decrease in the consumption, increase in foreclosures.

3. I experienced decrease in my quality of life as it was harder for me to keep a job for a long time. Most of jobs were part time therefore it was a time where I have to live on my savings.

4. Pollution is best reduced if companies take conscience of the fact that they have a greater impact on the environment than individuals. This will lead to better business practices in the manage of residuals and raw materials.

5. A positive externality can create a bubble in the prices and overestimate the actual value of an asset e.g. cryptocurrencies bubble was a positive effect for some investor that really knew the value of this securities but in the long run it created a bubble and people that did not know about cryptocurrencies invested and lost most of their money.

3 0

4 years ago