The Code of Hammurabi was one of the earliest and most complete written legal codes, proclaimed by the Babylonian king Hammurabi, who reigned from 1792 to 1750 B.C. Hammurabi expanded the city-state of Babylon along the Euphrates River to unite all of southern Mesopotamia. The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi’s Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.
Answer:
Factory overhead= $22,900
Explanation:
Giving the following information:
Direct materials $15,200
Indirect materials 3,200
Indirect labor 7,700
Factory depreciation 12,000
Direct labor 36,200
<u>Factory overhead is all the indirect costs related to production. In this case:</u>
Factory overhead= indirect materials + indirect labor + factory depreciation
Factory overhead= 3,200 + 7,700 + 12,000
Factory overhead= $22,900
Answer:
$150
Explanation:
The formula to compute the GDP is as follows
GDP = Consumption + Investment + Government purchase + Net exports
where,
Consumption = Consumption of expenditure = $50
Investment = Business fixed investment + change in inventory + construction of new homes & apartments
= $30 + $10 + $30
= $70
The change in inventory is
= Ending inventory - beginning inventory
= $20 - $10
= $10
Government purchase = Government purchases of goods and services = $20
Net exports
= Exports - imports
= $50 - $40
= $10
So the value of GDP is
= $50 + $70 + $20 + $10
= $150
Answer:
If C were disabled, his beneficiaries would receive $70,000, less any outstanding interest charges
Explanation:
Policy loans can generally amount up to 100% of the cash surrender value of the policy, in this case C only requested $10,000 (1/3 of the cash value). This type of loan is fully collateralized by the cash value of the policy and the borrower can even miss some payments or pay on a later date because interests keep adding.
This type of loan can carry a fixed or variable interest rate, depends on the insurer.
If C surrenders his policy, he will receive the total cash surrender value minus the loan amount = $30,000 - $10,000 = $20,000
If C dies, his beneficiaries would receive the full benefits minus the loan amount = $100,000 - $10,000 = $90,000
Answer:
Walmart, MacDonald's and Payless ShoeSource.
Explanation: Cost Leadership is a business strategy where a comoffers products and services with acceptable quality and features to customers at a very low price.
Yes they should advertise their products and services, actually some of them use advertising slogans like "why pay more when you can pay less" "Always low prices" and " save money" Used by Walmart.
Advertising which is usually a way to tell people about what you do and why you should do it with them or through them, tells people about changes in their prices and introduction of new products.
Again, it will amaze you to know the a lot of people don't know about these companies yet. It helps them to reach more people and this in turn increases their sales.
