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3 years ago

To improve its standard of living, a nation’s economy must

Business

1 answer:

earnstyle [38]3 years ago

6 0

Answer:

B. Grow through innovation

Explanation:

Here are the options to this question :

A. Remain stable.

B. Grow through innovation.

C. Reach economic equity.

D. Allow the central government to make economic decisions.

The standard of living of an economy is measured by : Real GDP / population. If a country wants to increase standard of living, a country must increase its GDP.

GDP grows through innovation

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Bonita Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item N

riadik2000 [5.3K]

Answer:

Explanation:

Amount of Bolton Company inventory = 38,972

Calculations are attached

1. Find net realizable value, which is selling price - cost of disposal;

2. Then subtract normal profit from net realizable value = [g];

3. Find designated market value by choosing the middle value of cost to replace, net realizable value and [g];

4. Choose lowest between designated market value and selling price;

5. Multiply by quantity.

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3 years ago

Jason Allen is planning to invest $26,000 today in a mutual fund that will provide a return of 11 percent each year. What will b

Troyanec [42]

Answer:

Value of investment after 10 years will be $738244

Explanation:

We have given that Jason Allen is planning to invest $26000 today in mutual fund

So present value P = $26000

Rate of interest r = 11 %

Time period n = 10 years

We have to find the amount after 10 years

We know that amount is given by

$A=P(1+\frac{r}{100})^n$ , here A is future value , P is present value r is rate of interest and n is time period

So amount after 10 year will be $A=26000\times (1+\frac{11}{100})^{10}$

= $26000\times 1.11^{10}$

$=260000\times 2.8394=738244$

So value of investment after 10 years will be $738244

8 0

3 years ago

A soft drink bottler incurred the following factory utility cost: $3,711 for 1,250 cases bottled and $3,790 for 1,800 cases bott

Brilliant_brown [7]

Answer:

$0.1436

Explanation:

Given that,

$3,711 for 1,250 cases bottled

$3,790 for 1,800 cases bottled

Factory utility cost is a mixed cost containing both fixed and variable components.

Variable cost per unit:

= Difference in costs ÷ Difference in units

= ($3,790 - $3,711) ÷ (1,800 - 1,250)

= $79 ÷ 550

= $0.1436

Therefore, the variable factory utility cost per case bottled is closest to $0.1436.

7 0

3 years ago

When i was a young man (not too long ago) big box retailers - very large, free-standing specialty stores were very popular. toda

Mashcka [7]

It could be explained by the way technology and society is moving on, its a different generation lids nowadays grow up with phones in their faces rather than toys so I would say generation change

3 0

3 years ago

Cobe Company has already manufactured 23,000 units of Product A at a cost of $25 per unit. The 23,000 units can be sold at this

zysi [14]

Answer:

It is more profitable to continue processing the units.

Explanation:

Giving the following information:

Product A:

Units= 23,000

Selling price= $420,000

Continue processing:

Product B= 6,000 units sold for $106 each

Product C= 11,900 units sold for $52 each

Total cost= $280,000

We need to calculate the effect on the income of both options and choose the most profitable on<u>e. We will not take into account the first costs of Product A because they are irrelevant.</u>

Option 1:

Effect on income= $420,000

Option 2:

Effect on income= (6,000*106) + (11,900*52) - 280,000

Effect on income= $974,800

It is more profitable to continue processing the units.

7 0

3 years ago