The creation of "Worldwide Products"—items with a global focus—results from the outsourcing of productive tasks to various providers.
<h3>What are Worldwide Products?</h3>
The aggregate gross national income of all the nations in the globe is known as the gross world product (GWP).Because imports and exports are exactly balanced when looking at the entire planet, this also equals the total global GDP. The nominal GWP in 2013 was around 75.59 trillion US dollars, according to the World Bank. The GWP was around $80.27 trillion in nominal terms and was over 127.8 trillion international dollars in terms of purchasing power parity in 2017, according to the CIA's World Factbook (PPP).
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Answer:
Annual Financial advantage $ 550
Explanation:
<u>Computation of income/loss on special order</u>
Unit product costs
Normal product costs $ 19.20
Incremental variable costs $ 1.30 per unit <u>$ 1.30</u>
Total product costs $ 20.50
Revenues per unit <u>$ 26.00</u>
Profit per unit $ 5.50
Sales Units 2,100 units
Total incremental profit on order $ 11,550
Less; cost of moulds <u>$ 11,000</u>
Incremental profit on S 47 order $ 550
Answer:
petty cash fund 440 debit
cash 440 credit
--stablishment of the fund--
freight-in 46 debit
postage expenses 78 debit
miscellaneous expenses 111 debit
cash shortage loss 12 debit
Cash 247 credit
--reimbursement of the fund--
petty cash fund 50 debit
Cash 50 credit
--incerase of the fund to 490--
Explanation:
The petty fund will be stablish using cash, so we decrease cash and create the petty fund.
Then, the expenditures will be against cash, so we don't have to use the petty fund account.
Lastly, to increase the fund we take from the cash account the 50 dollars increase.
Answer:
less reliable than the appraiser's.
Explanation:
in such a scenario the broker's opinion of value will be less reliable than the appraiser's. This is mainly because the broker does not have all the information that the appraiser has and is making his opinion without this information, which may lead to unforeseen consequences that would not otherwise occur if the broker had this information and was able to see a much bigger picture of the situation to incorporate into his opinion.
