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Harman [31]
3 years ago
6

______________ was a seventeenth- and eighteenth-century belief that a nation should try to sell more goods to other nations tha

n it buys from them.
Business
1 answer:
GarryVolchara [31]3 years ago
3 0

Answer:

Mercantilism

Explanation:

Mercantilism is the belief that a country should always run a trade surplus. The European powers (Portugal, Spain, France, The Netherlands, and Britain) of the seventeenth and eighteenth century had colonies from where they extracted resources in order to enrich the mother country and keep the trade surplus.

For this same reason, the power prohibited intercolonial trade, since it could reduce the mother country's trade surplus, or even, turn it into a deficit.

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As the required skills sets are basically the same between workers and all levels of managers, a carefully designed set of inter
vagabundo [1.1K]

Answer:

The correct answer is letter "A": True.

Explanation:

<em>Recruitment evaluations</em> are typically designed to gauge the skills, knowledge, and expertise of applicants. Most of the time, they are created considering the different types of tasks employees have within the organization and their hierarchy in the firm.  

However, <em>if those evaluations are schemed to require the same set of skills for managers and lower hierarchy employees, the tests are likely to help evaluate applicants for different positions under the same parameters.</em>

8 0
3 years ago
At the beginning of 2013, Barcroft Co. estimated that its total annual fixed overhead costs would amount to $25,000. Further, Ba
Varvara68 [4.7K]

Answer:

b. Products were overcosted in 2013

Explanation:

When determining the cost of a product, we consider only the Overheads Applied.

<u>Applied Overheads are calculated as :</u>

Pre-determined Overhead Rate <em>multiplied by </em>Actual Activity

<u>Predetermined Overhead Rate is calculated as follows :</u>

Budgeted Overheads <em>divided by</em> Budgeted Activity

Predetermined Overhead Rate = $25,000/2,000 units

                                                     = $ 12.50 per unit

Applied Overheads = $ 12.50 per unit × 2,200 units

                                 =  $ 27,500

The Overheads Applied are then <em>Compared to</em> Actual Overhead Cost to determine is the Overheads where Over or Under Applied

<u>Therefore our case presents the following:</u>

Applied Overheads ($ 27,500) >Actual Overheads ($25,000)

Therefore, we have an Over-Application situation.

Over-Applied Overheads are $2,500

3 0
3 years ago
A person works as a cashier in a major supermarket. She sells vegetables to
AysviL [449]

Answer:

A

Explanation:

because the sells the factor of production to the household

7 0
2 years ago
Anyone got a link i can join and we can chat
kipiarov [429]

Answer:

lets do it lol

6 0
3 years ago
The following changes took place last year in Pavolik Company’s balance sheet accounts:
irinina [24]

Answer:

1. $260

2. $103

Explanation:

1. Calculation to determine the net cash provided by operating activities for the year

PAVOLIK COMPANY

STATEMENT OF CASH FLOWS PARTIAL (USING INDIRECT METHOD)

FOR THE YEAR ENDED

Particulars Amount

Cash flow from operating activities

Net Income $100

Adjustments to reconcile net income to net cash provided by operating activities

Adjustment for non cash effects

Depreciation $82

Loss on sale of land $21

Gain on sale of investments -$25

Change in operating assets & liabilities

Increase in accounts receivable -$24

Decrease in inventory $58

Increase in prepaid expenses -$19

Increase in accounts payable $62

Decrease in accrued liabilities -$24

Increase in income taxes payable $29

Net cash flow from operating activities (a) $260

Therefore Using the indirect method the net cash provided by operating activities for the year is $260

2. Preparation of a statement of cash flows for the year

PAVOLIK COMPANY

STATEMENT OF CASH FLOWS (USING INDIRECT METHOD)

FOR THE YEAR ENDED

Particulars Amount

$

Cash flow from operating activities (a) $260

Cash Flow from Investing activities

Property,plant and equipment purchased -$395

Long term investment sold $46

Land sold $24

Net cash Flow from Investing activities (b) -$325

(-$395+$46+$24)

Cash Flow from Financing activities

Cash dividends paid -$18

Common stock purchased -$96

Bonds issued $204

Net cash Flow from Financing activities (c) $90

(+$204-$18-$96)

Net Change in cash c=a+b+c -$25

Beginning cash balance $128

Closing cash balance $103

($128-$25)

Therefore the statement of cash flows for the year is $103

4 0
3 years ago
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