Ask question

Ask question

All categories

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

Green's preferred policy for addressing climate change is a shift to taxing greenhouse gas emissions. what does he describe as a

masha68 [24]

<span>A benefit of this approach is that emission taxes would shift a part of revenue generation from consumption to production.</span>

4 0

4 years ago

On June 30, 2009, Apricot Co. paid $7,500 cash for management services to be performed over a two-year period. Apricot follows a

My name is Ann [436]

Answer:

c. A debit to a prepaid expense for $7,500.

Explanation:

Because the pament for management services are in-advance, is a right for Apricot, as now has the right to receive this management services for two-years

The entry will do the following:

it will recognize the prepaid expense

prepaid management services

and will post the cashoutflow for the amount paid.

prepaid management services 7,500 debit

cash 7,500 credit

From the option we are given:

a.- FALSE there is no expense in the entry

b.- FALSE there is no expense in the entry

d.- FALSE the prepaid expense is debited, not credited

e.- FALSE. cash is credit, not debit.

c.- CORRECT there is a prepaid expense, which is being debited.

3 0

3 years ago

Magic Realm, Inc., has developed a new fantasy board game. The company sold 35,600 games last year at a selling price of $62 per

Natasha_Volkova [10]

Answer:

1a.

Magic Realm, Inc.,

Contribution format income statement

Per Unit Amount

Sales 62 2,207,200

Variable expenses 42 (1,495,200)

Contribution margin 20 712,000

Fixed expenses (623,000)

Net operating profit 89,000

1b.

Degree of operating leverage: 4

2. The expected percentage increase in net operating income for next year: 184%

Explanation:

1a. Please refer to the answer part

1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.

2.

Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%

3 0

3 years ago

Sharon purchases two products with a given fixed budget, orange juice and soda. Her marginal utility from orange juice is 60 and

yuradex [85]

Answer:

Sharon is trying to maximize her marginal utility under the fixed budget.

Explanation:

She is buying exactly twice as many orange juices than sodas, because her marginal utility from juice is twice as much as her marginal utility from soda (60 x 30).

She is considering the marginal utility above the price when making her purchase decisions, because while orange juice provides more utility, it is also more expensive than sodas ($2.00 per bottle vs $1.00 per bottle).

3 0

4 years ago

Jeremy, an HR manager, has received an employee requisition for a data analyst job at his firm. Which of the following would mos

Natalija [7]

Answer: Job description

Explanation:

The thing that will mostly be helpful to Jeremy is a job description. In that way, Jeremy can compare job description with the qualifications of the recruited person and he will be able to see if he is ready to take that job and do everything that data analyst will be obliged to do.

Data analyst job is considering cleaning, transforming and more, of modeling data. A recruited person must be able to discover useful information and inform others about it.

5 0

4 years ago