The changes would directly impact our Exports.
When the national income of our trading partner increased, the purchasing capabilities that they have would also be increased.
Which means that we could sell a lot more product to that partner (increasing the export)
Answer: the economy is using resources efficiently
Explanation:
The Production Possibility Curve simply shows how two goods can be produced in an economy when the resources that are used to produce the goods are being used efficiently without wasting them.
According to the production possibilities curve above, if the economy is producing 75 fishing boats and 400 jars of guava jelly, then the economy is using resources efficiently.
Here, economic efficiency simply means that the resources that are utilized are optimally allocated while inefficiency and wastage are being minimized. Foe economic efficiency to take place, there'll be opportunity cost. This is shown in the graph as more fishing boats are produced, less jars of guava jelly are made and vice versa.
Answer:
NONE
Explanation:
The change will not be retrospective but prospective because although accounting standards require that when a company changes accounting methods, it needs to restate its assets and income amounts; in the case of inventory is not practicable.
Adjusting previous years inventory balances from FIFO to LIFO will not be possible, hence there will be no prior-year adjustments
You could of solved it in the time u typed thai
Answer:
a. initial outlay = -$820,000
net cash flows years 1 - 5 = $240,000
net cash flow year 6 = $340,000
discount rate = 12%
using a financial calculator:
NPV = $217,400.87
IRR = 20.55%
b. initial outlay = -$560,000
net cash flows years 1 - 7 = $150,000
net cash flow year 8 = $206,000
discount rate = 12%
using a financial calculator:
NPV = $207,763.43
IRR = 21.65%
