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2 years ago

What is global economy

Business

1 answer:

AURORKA [14]2 years ago

7 0

The term “Global Economy” is a term that refers to all of the economies of the world.

Sometimes this phrase is also used to discuss the international economy, or all economies around the world, and refers to how interdependent different countries economies are on each other.

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etaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Cal

luda_lava [24]

Answer:

Equivalent units of production= 3,520

Explanation:

Giving the following information:

Ending inventory of Work in Process (80% complete) 400 units

Total units started during the year 3,200 units

To calculate the equivalent units using the weighted-average method, we need to use the following formula:

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 3,200 + (400*0.8)

Equivalent units of production= 3,520

8 0

2 years ago

PLEASE HELP ME!!!!!!!! Shannon spent time removing the background of an image in her PowerPoint presentation. She then saved the

Aleksandr-060686 [28]

B I think not 100% sure sorry

5 0

3 years ago

All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided i

Vikentia [17]

Answer:

d. within the relevant range of operating activity, the efficiency of operations can change.

Explanation:

Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;

1. Sales price per unit product is kept constant.

2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.

3. All the units produced are sold i.e there is no change in inventory quantities during the period.

5. The costs accrued are as a result of change in business activities.

6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.

Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.

6 0

3 years ago

What are the disadvantages of international trade?

Phoenix [80]

Answer:

It enables a country to obtain goods which it cannot produce or which it is not producing due to higher costs, by importing from other countries at lower costs. (iii) Specially Foreign trade leads to specialisation and encourages production of different goods in different countries.

Explanation:

inorder to minimize the disadvantage , there should be privacy maintainence in the intellectual property, there should be balanced in domestic and international trade. the over use of natural resources should be controlled. there should be proper checking of the good and services before trading them inside country or in foreign country, etc

7 0

2 years ago

. Intellus has long-term debt of $5 million, owners' equity of $7.5 million, current assets of $1 million, gross fixed assets of

stich3 [128]

Answer:

- $0.5 million

Explanation:

The computation of the net working capital is shown below:

We know that

Net working capital = Current assets - current liabilities

where,

Current assets = $1 million

The net fixed assets = Gross fixed assets - Accumulated depreciation

= $20 million - $7 million

= $13 million

Total assets = Current assets + net fixed assets

= $1 million + $13 million

= $14 million

And,

Total assets = Total liabilities + owners equity

$14 million = Total liabilities + $7.5 million

So, the total liabilities is

= $14 million - $7.5 million

= $6.5 million

Total liabilities = Current liabilities + long term debt

$6.5 million = Current liabilities + $5 million

So, Current liabilities is $1.5 million

Now the net working capital equal to

= $1 million - $1.5 million

= - $0.5 million

7 0

3 years ago