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pickupchik [31]
3 years ago
5

An economy that is based on mining or producing raw materials to be used in foreign industries is called

Business
2 answers:
pogonyaev3 years ago
8 0

Answer:

An extractive economy

Explanation:

An Extractive economy can be defined as a resource based economy that is based on mining or producing raw materials to be used in foreign industries. This natural resources can be exported for sale in other foreign countries which help to boost economy, growth and development.

nataly862011 [7]3 years ago
7 0

Answer:

An extractive economy

Explanation:

A country that largely relies on the natural resources or the resources that it produces with little or no processing is often referred to as an extractive economy. All of the countries were mostly extractive economy before the first industry revolution. After some every country realized that the finished goods have greater profits than the raw materials with little or no processing. So we see countries like oil exporters investing in other industries because of bulk of cash reserves.

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Cheryl purchased 5 identical hollow pine doors and 6 identical solid oak doors for the house she is building. The regular price
almond37 [142]

Answer:

The answer to this question is option C. $560

Explanation:

We can let the price of each hollow pine door = d and of each solid oak door = 2d.

Since each pine door = 40, d = 40, and the regular price of each solid oak door is (2)(4) = 80.

With a 25% discount, each solid oak door is 0.75(80) = 60.

So, the six oak doors cost 6 x 60 = 360 dollars, and the five pine doors cost 5 x 40 = 200 dollars. Thus, the total is 560 dollars.

Hence the answer is C

6 0
3 years ago
Read 2 more answers
"Redfox Pest Control Service had revenues of $425,000 and expenses of $338,000 for the current year, ended June 30. At the begin
andrew-mc [135]

Answer: The options are given below:

A. $292,000

B. $267,250

C. $205,250

D. $275,250

The answer is D. $275,250

Explanation:

Net profit = 425,000 - 338,000 = $87,000

Common Stock =110,000 + 25,000 = $135000

Retained Earnings = 70,000 + 87,000 = $157000

Less: Dividend paid = -$16,750

We will calculate shareholders equity as follows:

Total shareholders' Equity = common stock + retained earnings - dividend paid

=> $135000 + $157000 - $16,750

= $275,250

7 0
3 years ago
Read 2 more answers
Wu Production Company, which uses activity-based budgeting, is in the process of preparing a manufacturing overhead budget. Whic
creativ13 [48]

Answer:

Option which would likely appear on that budget will be:

Batch level costs: production setup.

Explanation:

Here the company uses activity based budgeting is a management accounting tool which new year budget is only seen by not considering the previous year records.

 Activity based budgeting which  is  a budgeting method in which firstly the overhead costs are being calculated and the the budgets gets created.

Batch-level cost is a cost which is not associated with any given specific individual units but is associated with a group of units.

For example, to set up a production run the cost incurred is associated with the batch of goods that are produced subsequently.

Another example can be be procurement costs. The expenses associated with the procurement costs include the  ordering of direct materials, paying suppliers and receiving goods.

Since all of the expenses are related to the orders placed numbers, they must be allocated not to an individual product but to group of unit.

6 0
3 years ago
Eumi is a purchasing manager for the XYZ Company. She has some latitude when it comes to making purchasing decisions. She is buy
max2010maxim [7]

Answer:

Ethical Dilemma

Explanation:

According to my research on different managerial roles and responsibilities, I can say that based on the information provided within the question Eumi is experiencing an Ethical Dilemma. This is because like mentioned in the question Eumi can either choose the morally right option which is choosing the more expensive safer product, or choosing the less safe - less expensive option which will increase her bonus, which would be ethically wrong.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
The Molding Department of Boswell Company has the following production data: beginning work process 40,000 units (60% complete),
Anna [14]

Answer: 770,000

Explanation:

Assuming materials are entered at the beginning of the process, the equivalent units materials will be:

Beginning work process = 40,000 units

Started into production = 730,000 units

Then equivalent units materials will be:

= 40000 + 730000

= 770000

5 0
3 years ago
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