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hammer [34]
2 years ago
15

Another differing viewpoint is offered by Vivek Wadhwa. Mr. Wadhwa agreed with Mr. Grove that a bigger focus on creating U.S. jo

bs would be a good thing. But he disagreed with Mr. Grove's proposed solution. What was Mr. Wadhwa's main concern about Andy Grove's proposal to create incentives for large-scale projects
Business
1 answer:
Inessa [10]2 years ago
6 0

Answer:

He stated that most United states companies that are blue-chip will be the first to suffer the effects from a trade war.

Explanation:

Solution

Mr. Wadhwa came in terms with Andy Grove not fully as he did not find the protectionist trade war as acceptable.

He stated that it will greatly affects those firms who got their sales majorly from abroad. although, he favored need of more job creation in the United States.

Mr. Wadhwa’s main issue was that going for protectionist trade, where products which are produced off-shore and then transported to United States will be forced to pay more taxes, this will have a negative effect over existing large Blue chip organizations or firms.

Hence, he suggested to focus more over mid-career entrepreneurship.

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Question:                                      

                                                            standard total cost        Actual total cost

Direct material

Standard  2000 pints  $3.50/pint                   $7,000

Actual      2,500 pints   $5.00/pint                                                       $12,000

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Materials quantity​ variance= $1,750 unfavorable

Explanation:

<em>Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.  </em>

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                                                                                               pints

Standard quantity allowed                                                  2,000

Actual quantity used                                                           <u> 2,500</u>

Quantity variance                                                                 500 unfavorable

Standard price                                                                     <u> $3.50 </u>

Materials quantity​ variance                                               <u>1,750  </u>unfavorable

Materials quantity​ variance= $1,750 unfavorable

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3 years ago
A company, which is currently operating at full capacity, has sales of $2,480, current assets of $820, current liabilities of $5
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Answer:

$61.60

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<u>Workings</u>

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45 × (1- (1+0.03)^(-21)/0.03)= 693.6

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