Answer:
If Morocco produces 120 belts and exports 70 belts:
- it will receive 105 swords (= 70 x 1.5)
- it will consume 50 belts (its domestic consumption of belts will decrease by 10)
Explanation:
Without trade, Morocco will produce 60 swords and 60 belts and consume them all, but if it engages in trade, it will produce 120 belts.
- Morocco's opportunity cost of producing one belt = 60 / 60 = <u>1</u>
- Morocco's opportunity cost of producing one sword = 60 / 60 = 1
- Estonia's opportunity cost of producing one belt = 100 / 40 = 2.5
- Estonia's opportunity cost of producing one sword = 40 / 100 = <u>0.25</u>
If Morocco produces 120 belts and keeps current consumption level:
- it consumes 60 belts
- it can trade 40 belts for 60 swords
- it will have a 20 belt surplus production
If Morocco produces 120 belts and exports 70 belts:
- it will receive 105 swords (= 70 x 1.5)
- it will consume 50 belts
Answer: The accounts receivable turnover is computed using the formula below: Net credit sales divided by Average accounts receivable
Explanation: The accounts receivable turnover ratio is a measure used to quantify a company's effectiveness in managing its receivables collections or amount owed by clients. The following steps are involved in calculating the accounts receivables turnover:
- Get the accounts receivable at the beginning and end of the desired periods and divide by 2 to get the average, which is the denominator in the formula above.
- Then get the net credit sales, which is the total sales revenue done on credit to customers, after backing out customers' returns
High accounts receivable turnover ratio means the company's collection process is highly effective while the low ratio signifies the opposite.
Answer: Barbara should have left a note for the other driver and Barbara’s action is an example of a hit and run.
Explanation:
Hit and run occurs when there's a traffic collision with another car or human being and the person who caused the collision doesn't stop and therefore doesn't provide necessary information details which are required by law to the other person affected.
With regards to the scenario discussed in the question, Barbara should have left a note for the other driver and Barbara’s action is an example of a hit and run.
She should have left a note which will consist of details of how she can be reached in case there's further damage on the car.
Answer: 2. Although the presentation was extremely long, it outlined the research, analyzed the data, and provided clear recommendations that will be useful in the future.
Explanation:
Parallel Sentences are constructed when you used the same grammatical form across the entire sentence. This way the sentence is balanced and easier to read.
For example, Sophia likes reading, hiking and watching television. As opposed to, Sophia likes reading, hiking and watch Television. The watch in the sentence is not using the grammatical form that is the present participle which is present in most of the sentence.
The correct sentence above therefore is the second one.
It uses the same form throughout the sentence by putting it in past tense.
Answer:
the best way to distribute his products
Explanation:
This most closely represents a decision about the best way to distribute his products. By considering buying his own trucks he is taking full responsibility of the distribution aspect of his company, meaning how he will get the final products to the consumers. Buying his own trucks also allows him to save money in the long run by not having to pay a third party company to handle these tasks.
