True becuase saving and insurance are safe
Your highness, caught you sippin' on lean
Reminds me that's how it's supposed to be
Explanation:
Answer:
two main reasons for having a savings account:
- It can be used as a vacation fund.
- An account to pay cash for new things and cover repairs.
- Can be used as an emergency account.
Hope it helps!
Answer: b. Income to the investor in the period of declaration
Explanation:
When an investor does not have a significant influence in a company which is usually defined as owning more than 20%, the dividends they receive will simply be calculated as income in the period it was declared.
If they had Significant influence then the Equity Method would have applied and led to more complex recording.
Answer:
Portugal and Germany and Comparative Advantage
a. Portugal
b. Germany
c. 3 barrels of oil
d. 1/11 barrels of cheese
e. 4 (11/3) barrels of oil per pound of cheese.
Explanation:
a) Data and Calculations:
Portugal's opportunity cost of producing a pound of cheese = 3 barrels of oil
Germany's opportunity cost of producing a pound of cheese = 11 barrels of oil
3/11 = 0.27
b) Portugal enjoys comparative advantage in the production of cheese while Germany enjoys comparative advantage in the production of oil because Portugal can produce cheese at lower costs than Germany while Germany can produce oil more efficiently than Portugal. When these two countries specialize in the production of the product that they enjoy comparative advantage, more goods will be produced in total, and they can exchange their surpluses with each other.
