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4 years ago

The one variable that stands out as the most significant explanation of large variations in living standards around the world is

Business

1 answer:

Vesna [10]4 years ago

4 0

Answer:

Productivity

Explanation:

Productivity refers to the units of a commodity produced by a worker from the resources used to produced these commodities. Productivity refers to the variable which indicates or explain the variations in the living standards of the different countries. It is evident from the fact that different nation have different level of living standards, this is all because of the different level of productivity.

There are certain determinants of the productivity as follows:

(i) Human capital per labor

(ii) Natural resources per labor

(iii) Physical capital per labor

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QUESTION 4

Likurg_2 [28]

4) Trade-off

5) it might be "Their resources are limited"

6 0

3 years ago

National Financial Services, Inc. invested $ 24,000 to acquire 5,000 shares of Stonebridge Investments, Inc. on March 15, 201

Savatey [412]

Answer:

A. Gain on Disposal will be credited

Explanation:

In this question we have to compare the purchase price and sale price per share which is shown below:

The Purchase price per share would be

= Total amount invested ÷ number of shares acquired

= $24,000 ÷ 5,000 shares

= $4.8 per share

And, the sale price per share would be

= Total amount ÷ number of shares sold

= $13,250 ÷ 2,000 shares

= $6.625 per share

Since the sale price per share is higher than the purchase price per share which reflects the gain.

5 0

4 years ago

Correll Corporation is considering a capital budgeting project that would require investing $264,000 in equipment with an expect

lapo4ka [179]

Answer:

Income Tax Expense in Year 2 = 32400 USD

Explanation:

The income tax expense can be calculated from the following given data:

First of all we need to find the incremental revenue:

Incremental Revenue = Incremental Sales - Incremental expenses

Incremental Sales = 630,000 USD

Incremental expenses = 456,000 USD

So, plug in the values:

Incremental Revenue = 630,000 USD - 456,000 USD

Incremental Revenue = 174000 USD

Now, we need to find the less annual depreciation:

Less Annual Depreciation = Investment/ Expected Life

Investment = 264,000 USD

Expected Life = 4 years

Less Annual Depreciation = 264,000/4

Less Annual Depreciation = 66000 USD

Now, the next step is to calculate the operating incremental income:

Operating incremental income = Incremental Revenue - Less Annual Depreciation

Incremental revenue = 174000 USD

Less Annual Depreciation = 66000 USD

Operating incremental income = 174000 USD - 66000 USD

Operating incremental income = 108000 USD

30% tax at the operating incremental income is the income tax expense in year 2.

Income Tax Expense in Year 2 = 108000 x 30%

Income Tax Expense in Year 2 = 32400 USD

6 0

3 years ago

Ralph’s Mini-Mart store in Alpine experienced the following events during the current year:1. Incurred $270,000 in selling costs

Neko [114]

Answer:

a. $225, 000

b. $900, 000

c. $140, 000

Explanation:

Ralph Mini-Mart Store in Alpine:

(a) Beginning inventory: this is the value of inventory on hand at the beginning of the financial year. This is the value is the same as the value of ending inventory at the end of the previous financial year. This value includes the value of the inventory and any costs that were incurred to bring the inventory to the organization’s store house.

For Ralph Mini- Mart, beginning inventory = $225, 000 (refer to item 5)

(b) Transfers- In: this is the inventory that was purchased during the financial year. This value will include the cost of the inventory and any other costs that were incurred to bring the inventory to the store house of Ralph’s Mini – Mart. In this instance, the additional cost is the transportation cost of $30, 000 that was incurred to transport the inventory from the supplier to the warehouse.

For Ralph’s Mini – Mart, the Transfers – In = $870, 000 + $30, 000 = $900, 000 (refer to item 3 and 4)

(c) Ending balance: the ending balance is the value of inventory at the end of the financial year. This is the value of inventory that Ralph’s remains with after purchasing inventory from suppliers and selling inventory to customers. This value will take into account any inventory write- downs and obsolescence. In this instance, there has been no inventory write- downs and no inventory obsolescence or thefts.

For Ralph’s Mini – Mart, the value of ending inventory = $140, 000 (refer to item 5)

5 0

3 years ago

What is an extrinsic value

AleksandrR [38]

Extrinsic value<span> is the portion of the worth that has been assigned to an item by external factors. </span>

7 0

4 years ago