All categories

3 years ago

Why do we have food price inflation?

1 answer:

6 0

Inflation in world food prices.
high gas prices prices lead to higher food princes

high gas prices are caused by high oil prices cause high gas princes

You might be interested in

How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by elimi

kupik [55]

Any contractual arrangement between governments addressing their trading interactions is referred to as a trade agreement. Trade treaties can be bilateral or multilateral, that is, among two or more states.

<h3>Why are trade agreements important?</h3>

Countries engage in international trade because there are financial benefits to be had. These benefits include expanded product diversity, cheaper pricing, superior quality, enhanced technological spread, and increased consumption by the country as a whole. Increased trade openness has been associated with higher GDP growth.

Thus Option C is correct about the trade agreement.

For more information about the Trade agreement refer to the link:

brainly.com/question/1550074

7 0

2 years ago

A _____ is used for goods that must be produced at a specific site or that are so large and bulky that it isn't feasible to move

12345 [234]

Answer:

fixed position

Explanation:

A fixed position layout is where a product to be produced remains in a certain spot or location but the workers needed to work on the product , including machinery are moved to the place where the product is to be produced as at when required. This is because there may be limited space at the project site, hence component parts of the product to be manufactured are then coupled at other site and taken to the product site.

An example of fixed layout is the construction of dams, shipbuilding, buildings etc. A fixed position layout is most suited for heavy and fragile products.

6 0

3 years ago

3. Using the business idea you chose in Assignment 6, write a mission statement, vision statement, and list of 3-5 company value

shusha [124]

Answer:

<em>A mission statement is usually disseminated internally. While the company vision is future-focused, the mission combines forward thinking with present goals.</em>

Explanation:

1. Life is Good: To spread the power of optimism

2. Patagonia: Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis.

3. American Express: We work hard every day to make American Express the world's most respected service brand.

4. Warby Parker: To offer designer eye wear at a revolutionary price, while leading the way for socially-conscious businesses.

3 0

3 years ago

Sales in North Corporation increased from $80,000 per year to $84,000 per year while net operating income increased from $30,000

igor_vitrenko [27]

Answer:

4 times

Explanation:

Given that,

Initial sales = $80,000

New sales = $84,000

Initial net operating income = $30,000

New net operating income = $36,000

The degree of operating leverage is determined by dividing the percentage change in net operating income by the percentage change in the sales.

Percentage change in net operating income:

= [(New net operating income - Initial net operating income) ÷ Initial net operating income] × 100

= [($36,000 - $30,000) ÷ $30,000] × 100

= ($6,000 ÷ $30,000) × 100

= 0.2 × 100

= 20%

Percentage change in sales:

= [(New sales - Initial sales) ÷ Initial sales] × 100

= [($84,000 - $80,000) ÷ $80,000] × 100

= ($4,000 ÷ $80,000) × 100

= 0.05 × 100

= 5%

Degree of operating leverage:

= Percentage change in net operating income ÷ Percentage change in sales

= 20 ÷ 5

= 4 times

3 0

3 years ago

For 2019, Gourmet Kitchen Products reported $22.5 million of sales and $17 million of operating costs (including depreciation).

12345 [234]

Answer: $2,625,000

Explanation:

From the question, we are told that

Gourmet Kitchen Products reported $22.5 million of sales and $17 million of operating costs which included depreciation and that the company has $15 million of total invested capital. We were also given the after-tax cost of capital as 10% and the federal-plus-state income tax rate as 25%.

The economic value added will be the difference between the net operating profit after taxes and the invested capital which will then be multiplied by the cost of capital. This can be written as:

= ($22,500,000 - $17,000,000) × (1 - 25%) - ($15,000,000 × 10%]

= ($5,500,000 × 0.75) - ($1,500,000)

= $4,125,000 - $1,500,000

= $2,625,000

The firm's firm's economic value added (EVA) will be $2,625,000

3 0

3 years ago