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3 years ago

What steps can a nation take to achieve economic growth?

2 answers:

8 0

<span>The correct answer should be 2 and 4. Physical capital investing doesn't necessarily mean that there will be an increase in production, while import increase is bad for the economy because what you want is to export. Reducing the defense budget doesn't make your economy grow. Investing in human capital means that you help people educate so they can work better and produce more and come up with new things, and engaging in international trade makes your economy stronger too.</span>

Oduvanchick [21]3 years ago

4 0

Answer:

"engage in international trade"

"invest in human capital"

Explanation:

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In early year 8, Alice sold Tom, her son, 20 shares of common stock for $20,000. Alice had paid $25,000 for the stock in year 2.

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Answer:

He must report 15,000 gain in his year 8 tax...........

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3 years ago

When Patrick was talking with his customer about the new accounting system, his customer mentioned that she thought the new syst

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Answer:

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3 years ago

Joe received a DUI violation while partying last Christmas and he was found guilty by the court. His real estate license is due

Kazeer [188]

Answer:

Yes, Joe needs to disclose to the commission about his violation.

Explanation:

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3 years ago

Which of the following is the last step in creating budget

Zolol [24]

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3 years ago

Read 2 more answers

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance

kondor19780726 [428]

Explanation:

The computation is shown below:

1. Average operating assets is

= (Opening operating assets + closing operating assets) ÷ 2

where,

Opening operating assets is

= Total assets - Land (undeveloped) - Investment in Buisson, S.A

=$2,020,000 - $180,000 - $250,000

= $1,590,000

And, the closing operating assets is

= Total assets - Land (undeveloped) - Investment in Buisson, S.A

= $2,100,000 - $170,000 - $280,000

= $1,650,000

So, average operating assets is

= ($1,590,000 + $1,650,000) ÷ 2

= $1,620,000

Margin = Net operating income ÷ Sales

= $405,000 ÷ $4,050,000

= 0.1 or 10%

Turnover is

= Sales ÷ Average operating assets

= $4,050,000 ÷ $1,620,000

= 2.5

Return on Investment = Margin ×Turnover

= 0.1 × 2.5

= 0.25 or 25%

3. Residual Income = Net operating Income - (Average operating assets × Minimum required rate of return)

= $405,000 - ($1,620,000 × 15%)

= $405,000 - $243000

= $162,000

3 0

3 years ago