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goldenfox [79]
3 years ago
14

India is fast becoming a global center for which of the following? select one:

Business
1 answer:
polet [3.4K]3 years ago
4 0
It is becoming a global center for it, computer programming, and software.
You might be interested in
Jennifer owns a pig farm near​ Salina, Kansas. Last year she earned​ $39,000 in total revenue while incurring​ $38,000 in explic
leonid [27]

Answer:

Jennifer earned an accounting profit of  $1,000 and economic loss of $26,000

Explanation:

Total revenue for Jennifer is $39,000.  

Explicit costs incurred is $38,000.  

The implicit cost or opportunity cost involved is $27,000.

Accounting profit takes into account explicit costs only. It does not include implicit costs involved in the production process.  

Jennifer has earned an accounting profit of

= Total revenue - Explicit costs

= $39,000 - $38,000

= $1,000

Economic profit takes into account the explicit cost as well as implicit cost.  

The economic profit earned

= Total revenue - Total costs

= $39,000 - ($38,000 + $27,000)

= - $26,000

7 0
3 years ago
LO 2.1Explain how the income statement of a manufacturing company differs from the income statement of a merchandising company.
marshall27 [118]

Answer:

Revenue: The revenue of Manufacturing company comes from the sale of the products that they manufacture. However the merchandising company purchases goods from manufacturing companies and distribute them to make it easier for the customer to access the product and earn a profit on it which increases the cost of the product to end consumer. The contract between the manufacturing and merchandising company can be an agreement of principal and agent. In this case, the revenue for the merchandising company would be commission earned from manufacturing company. This commission paid to merchandising company will be cost to manufacturing company.

Cost of Sale: Now the raw material costs plus depreciation of production machinery plus direct labour plus variable Overhead cost plus if their is any commission paid for sale of finished goods will be the cost of sale for manufacturing  company. Whereas in the case of Merchandising company, the cost of sale will be only the cost of goods they sold in the year. The depreciation charge will be minor in merchandising company as they don't have any production machineries.

These the are major difference between manufacturing and merchandising company.

Explanation:

7 0
3 years ago
GenX has a target capital structure of 40 percent common stock, 5 percent preferred stock, and 55 percent debt. Its cost of equi
AVprozaik [17]

Answer:

12.085 %

Explanation:

WACC = Cost of Equity x Weight of Equity + Cost of Preference Stock x Weight of Preference Stock + Cost of Debt x Weight of Debt

Remember to use the after tax cost of debt :

after tax cost of debt = interest x ( 1 - tax rate)

                                   = 8.00 % x (1 - 0.35)

                                   = 5.20 %

therefore,

WACC = 22.00 % x 0.40 + 8.50 % x 0.05 + 5.20 % x 0.55

           = 12.085 %

thus

the firm's WACC given a tax rate of 35 percent is 12.085 %

6 0
3 years ago
What is the difference between Nepalese microeconomics and macroeconomics?
dangina [55]
Microeconomics study of particular markets, and segments of the economy. It looks at issues like consumer behavior, individuals labor markets, and film theory. Macroeconomics is the study of the whole economy. It looks at aggregate variables, such as aggregate demand, national output and inflation!!!
8 0
3 years ago
A company's board of directors votes to declare a cash dividend of $1.00 per share of common stock. The company has 20,000 share
matrenka [14]

Answer:

$14,500

Explanation:

From the above, the below details are given;

Authorized share capital , which represent maximum number of shares that a company is allowed to issue.

Issued shares, which is the number of shares issued by a company including shares purchased and backed by a company(treasury stock).

There is also outstanding shares which is treasury stock less issued shares.

We do also know that treasury stock does not have any right of dividend because the shares are held by the company hence cannot pay dividend to itself.

Therefore, the total amount of the cash dividend is = 14,500 × $1.00

= $14,500

7 0
3 years ago
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