Answer:
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MISSING INFORMATION ATTACHED
Explanation:
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The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill
Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.
Answer:
Ricardo’s Theory of Comparative Advantage
Explanation:
Comparative advantage is the term used to define the ability of an individual, firm or country to produce a particular good or service at a lower opportunity cost than that if it’s competitors or trade partners. Opportunity cost is the benefit lost from the second best alternative.
When a country can produce a product more efficiently (i.e maximum output using minimum resources) than that of its trade partners, it is known as that it has absolute advantage in that product. India tends to have absolute advantage in both business processes outsourcing as well as producing agricultural commodities as it is mentioned that it can produce both of these more efficiently than the United States.
However, although it has absolute advantage in both, it is still less efficient in producing agricultural commodities when compared to business process outsourcing. In other words, if it attempts to produce agricultural commodities in-house, the benefit lost from the second best alternative: business process outsourcing is high. The opportunity cost is higher when it produces agricultural commodities than it is when it does business process outsourcing. Hence, due to the law of comparative advantage, it chooses to specialize in business process outsourcing and imports agricultural commodities.
739,000 - 219,000 = 520,000
The net assets are assets minus liabilities, so it is $520,000 in this case.
Answer:
$120
Explanation:
Interest Expense on the Bonds payable is the coupon payment plus any amortized discount. As in this question there is no amortized discount because the bonds are issued on the par value.
As er given data
Face Value = $100,000
Coupon payment = $100,000 x 12% = $120 annually = $60 semiannually
Interest Expense for the year = Interest Paid on June 30 + Interest Paid on December 31
Interest Expense for the year = $60 + $60 = $120
Answer:
Flashfone and Pictech
The Nash equilibrium is achieved when Pictech and Flashfone price their smartphones high without the other party changing their strategy.
Explanation:
a) Data and Calculations:
Pictech
High Low
High 8 8 3 10
Flashfone
Low 10 3 5 5
b) By acting at the Nash equilibrium and pricing their smartphones high, Pictech and Flashfone achieve a payoff of $8 million respectively. This payoff level does not put any of the two firms at a disadvantage.