Answer:
a.Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
A country has a comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A person has an absolute advantage in production if it produces more quantities of the good when compared with other countries.
Georgeland produces more quantities of both food and clothes when compared to Alland, so it has absolute advantage in both activities .
The opportunity cost of georgeland in producing clothes = 36 / 18=2
The opportunity cost of georgeland producing food = 18 / 36 = 0.5
For Alland,
the opportunity cost of producing clothes = 32 / 16= 2
the opportunity cost of producing food = 16 / 32 = 0.5
Neither countries don't have a comparative advantage in the production of either clothes of food bedside they have the same opportunity costs in both activities.
I hope my answer helps you
Answer:
D1 = $3.50
D2 = $3.50
D3 = $3.50
Ke = 10% = 0.1
Po = <u>D1</u> + <u>D2</u> + <u>D3
</u>
(1+ke) (1+ke)2 (1+ke)3
Po = <u>$3.50</u> + <u>$3.50</u> + <u>$3.50
</u>
(1+0.1) (1+0.1)2 (1+0.1)3
Po = $3.18 + $2.89 + $2.63
Po = $8.70
None of the above
Explanation:
In this scenario, we need to discount the dividend in each year by the required at rate of return of 10%. The aggregate of the price obtained as a result of discounting in year 1 to year 3 gives the current market price.
Answer and Explanation:
The adjusting entries are as follows:
1 Insurance expense Dr $310
To Prepaid Insurance $310
(Being insurance expense is recorded)
2 Supplies expense Dr $1,650 ($2,610 - $960)
To Supplies $1,650
(Being supplies expense is recorded)
3 Depreciation expense Dr $150
To Accumulated Depreciation - Equipment $150
(Being depreciation expense is recorded)
4 Unearned service revenue Dr (two-fifth of $12,000) $4,800
To Service Revenue $4,800
(Being service revenue is recorded)
I believe it’s 4 since you have to go to class and introduce yourself to the teachers so he/she will know you better and know how they can help you and when going to their office hours they can help you with anything that you are having trouble with.
Answer:
The correct answer is D
Explanation:
The voting right is the right which is given to the shareholders of the company to vote on the matters of the corporate policy involving the decisions on the making of the BOD (Board of Directors), making changes in the operations of the corporation, issuing securities and initiate the corporate actions.
So, when the person owns 250 shares, which means owns the percentage of the company grounded on the proportion of the shares the person owns. Therefore, the person along with ownership gets the voting rights as well.
