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SVETLANKA909090 [29]
3 years ago
6

The Macro Islands can produce either 250 bamboo towels or 500 botanical soaps using all its resources. The Micro Islands can pro

duce either 30 bamboo towels or 300 botanical soaps using all its resources. Based on this information, which of the following is true?
The Macro Islands have a comparative advantage in producing both goods.
The Micro Islands have a comparative advantage in producing neither good.
The Micro Islands have a comparative advantage in producing bamboo towels.
The Micro Islands have a comparative advantage in producing botanical soaps.
The Micro Islands have a comparative advantage in producing both goods.
Business
1 answer:
jarptica [38.1K]3 years ago
6 0

Answer:

The Micro Islands have a comparative advantage in producing botanical soaps.

Explanation:

Comparative advantage can be defined as the ability of an economy to produce a good at lower opportunity cost than other economies. This enables the economy sell the product at lower prices, therefore having higher margin of profit than other economies.

The opportunity cost of Micro Island in producing 300 botanical soaps is the cost of producing 30 bamboo towels. The opportunity cost is quite low.

While for Macro Island the opportunity cost of producing 500 botanical soaps is 250 bamboo towels. The opportunity cost is higher than for Micro Island.

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Kipish [7]

Answer:

Oak Interiors

Matching each account number with its most likely account in the list:

12 - Cash

13 - Accounts Receivable

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32 - Fred Biggs, Drawing

41 - Fees Earned

51 - Supplies Expense

52 - Wages Expense

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Explanation:

a) Data and Classifications:

Digits and Accounts:

1—assets

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13 - Accounts Receivable

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2—liabilities

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32 - Fred Biggs, Drawing

4—revenues

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5—expenses

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52 - Wages Expense

53 - Miscellaneous Expense

b) The chart of accounts of Oak Interiors is where the financial accounting is organized into five major categories.  These categories are called accounts.  They include assets, liabilities, equity, revenue, and expenses.  This implies that all business transactions that are recorded in accounts are summarized under any of these five major headings.

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The stock price of Webber Co. is $68. Investors require an 11 percent rate of return on similar stocks.
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G= 5.34%The growth rate for stock required is 5.34%
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umka21 [38]

Answer:

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When a company borrows funds it has opportunity to avail tax shield on the interest amount of the borrowing fund. If the company borrows more fund then the discounted value of tax shield will increase while the financial distress cost will decrease.

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