Answer:
b) high in rich countries.
Explanation:
Capital-to- labour ratio measure the degree of capitalisation of an economy.
Labour is the service that is given by workers in exchange for salaries in the production process.
Capital is the long term input that is put into the manufacturing process, usually in the form of machinery or systems that automate production.
Capital-to-labour ratio= Total capital/ Total labour
Rich countries have a high level of capitalisation of their production process, where a lot of activity is automated. So capital is high and labour input is low. This results in a high capital-to-labour ratio.
On the other hand poor countries are more labour inensive, so their capital-to-labour ratio is low.
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Answer:
A) $704,000.
Explanation:
For computing the cash payments we need to calculate the following amounts which are as follows
Total purchases = cost of goods sold + ending inventory - opening inventory
= $720,000 + $188,000 - $200,000
= $708,000
Now cash payment to merchandise is
= Beginning account payable balance + purchased made - ending account payable balance
= $80,000 + $708,000 - $84,000
= $704,000
Hence, the correct option is A. $704,000
<span>GDP stands for Gross Domestic Product and it reflects all goods and services produced within the country. CPI stands for Consumer Consumer Price Index and it reflects the prices of a representative basket of goods and services purchased by the consumers.</span>
Answer: 30%
Explanation:
The the percent increase or decrease for current assets will be:
= Increase in current asset / Old current asset × 100
= (13000 - 10000) / 10000 × 100
= 3000/10000 × 100
= 30%
Therefore, the Percent increase in he current asset is 30%
