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3 years ago

6

Developing countries fall into two categories, moderately developed and less developed. Which of the following is not classified

as a less developed country

1 answer:

ozzi3 years ago

6 0

Answer:

Thailand

Explanation:

You might be interested in

What would happen if a supplier charged more than the market price

Yuri [45]

Equilibrium is the intersect of the two curves. The curves show you how much the producers supply and how much the consumers demand at each possible price.

The demand curves shows that the higher the price is, the less the consumers demand. That's obvious—the consumer wants something, but not at any price. He's only willing to pay so much. If the price goes higher and higher, less and less people want to buy the good.

The higher the price is, the more the producers can supply. This is because some producers are able to produce at lower costs; they're better and more efficient than other producers. Other producers, who produce at higher costs, would go bankrupt if they tried to produce at lower prices. But when the price goes up, even the worse producers, who have higher costs, are able to make profit. So, more producers supply to the market.

What happens now, when the price gets lower than the equlibrium? As you can see from the chart, producers would supply less than consumers would be willing to consume at that particular price. There would be SHORTAGE. This happens when the goverment sets price ceilings (like on gas in the 30's). An opposite situation happens when there is price floor—for example minimum wage (because wages are prices too; prices of labor). In that case, there is surplus—in case of minimum wage that means surplus of labor (unemployment).

But when the markets are free to set the price, they will quickly establish equlibrium again. The producers will see that there is a shortage. They'll realize they can set higher prices and make bigger profits. They can't set higher price than the equilibrium though, because there would be surplus and they would have their warehouses stuffed with goods noone wants to buy at that price.

This is the Answer Am 100% sure.

3 0

4 years ago

The following is a December 31, 2018, post-closing trial balance for Culver City Lighting, Inc. Account Title Debits Credits Cas

wel

Answer:

a. Current Ratio is 4.33 times

b. Acid Test Ratio is 2.49 times

c. Debt Equity Ratio is 1.52 times

Explanation:

a. Current Ratio : In this ratio, it shows a relationship between current asset and current liabilities.

So, Current ratio = Current Assets ÷ Current liabilities

where current assets = Cash + Accounts receivable + Inventories + Prepaid insurance

So, current assets = $74,000 + $58,000 + $ 64,000 + $34,000 = $230,000

And, Current liabilities = Accounts payable + Interest payable + notes payable

So, current liabilities = $21,500 + $11,500 + $20,000 = $53,000

Now apply these amounts to above formula

= $230,000 ÷ $53,000

= 4.33 times

Hence, Current Ratio is 4.33 times

b. Acid test Ratio : In this ratio, it shows a relationship between quick asset and current liabilities.

So, Acid Test ratio = Quick Assets ÷ Current liabilities

where quick assets = Cash + Accounts receivable

= $74,000 + $58,000

= $132,000

And, Current liabilities = Accounts payable + Interest payable + notes payable

So, current liabilities = $21,500 + $11,500 + $20,000 = $53,000

Now apply these amounts to above formula

= $132,000 ÷ $53,000

= 2.49 times

Hence, Acid Test Ratio is 2.49 times

c. Debt Equity Ratio : The debt equity ratio shows a relationship between total debt and total equity of the firm. It helps to calculate the profitability of the company.

Where total debt includes accounts payable, interest payable, notes payable etc and total equity includes common stock, retained earnings, etc.

So, The formula to compute debt equity ratio

= Total debt ÷ Total Equity

where,

Total debt = Accounts payable + interest payable + notes payable

= $21,500 + $11,500 + $200,000

= $233,000

And total Equity = Common stock + retained earnings

= $89,000 + $64,000

= $153,000

So, debt equity ratio = $233,000 ÷ $153,000

= 1.52 times

7 0

3 years ago

he accounting rate of return is calculated as: Multiple Choice The after-tax income divided by the total investment.

kenny6666 [7]

Answer and explanation:

The Annual Rate of Return or Yearly Rate of Return is the amount of money obtained in the course of an investment over one year. It is usually defined as a percentage and takes into account capital appreciation and dividend payments. The formula for calculating the annual rate of return is:

Annual Rate of Return = (EYP - BYP)/BYP X 100%

Where:

EYP = End of year price

BYP = Beginning of year price

3 0

3 years ago

Angela is selling her car through a newspaper advertisement. When she finds a buyer, she wants a form of payment which is guaran

Lady_Fox [76]

Cashiers check for sure

3 0

3 years ago

As you negotiate with a potential employer, you ask for an additional $3,000 in annual salary. The employer asks why you why you

Semenov [28]

Answer:

Employer has identified your Interest.

Explanation:

During any course of negotiation, parties have two sets of interests to consider: personal interests and the interests of the other side (employer).

Interests are a party's underlying reasons, values or motivations. It explains why someone is trying to take a particular position.

From the question, an increase in salary by $3000 is needed to pay off student loan. This is the point of interest. The employer identifies this and offers to assume the loan at 0% interest rate instead.

3 0

4 years ago