Answer:
The answer is : 4) The Netherlands has a comparative advantage in raising beef
Explanation:
First, it is clear to see Netherlands has an absolute advantage in raising beef ( 100 tons of beef for Netherlands in comparing to 50 tons of beef of Belgium)
For Netherlands, the opportunity cost to raising 1 ton of beef is 10 boxes of tulips; the opportunity cost to produce 1 box of tulip is 0.1 ton of beef. (1)
For Belgium, the opportunity cost to raising 1 ton of beef is 15 boxes of tulips; the opportunity cost to produce 1 box of tulip is 0.07 ton of beef. (2)
From (1) and (2) => Netherlands has comparative advantages in raising beef while Belgium has comparative advantages in producing boxes of tulips.
Thus, 4 is chosen.
Answer:
A. target costing
Explanation:
To make the new price level profitable, ConAgra Foods used target costing.
Target costing may be seen as an accountancy approach during which companies set targets for costs supported the worth prevalent within the market and therefore the margin of profit they need to earn. Keeping its costs below the relevant targets helps the businesses to get profit.
Target cost = selling price – margin of profit
Profit margin could also be supported cost or selling price .
In most of the industries competition is high which suggests that prices are determined by the interaction of market demand and provide which the market participants i.e. producers can’t change. However, they will control their costs.
Answer: $2,000
Explanation:
The Futures were sold at $1.50/GBP yet the settlement is $1.30/GBP. That means the premium is;
= 1.50 - 1.30
= $0.2/GBP
Payoff would be;
= 10,000 * 0.2
= $2,000
Answer:
Total asset = 55000
Explanation:
Below is the following calculations:
Cash amount = 20000
Fixed assets = 35000
Accumulated depreciation = 20000
Accounts payable = 5000
The total assets = Cash + fixed assets
Total asset = 20000 + 35000
Total asset = 55000
Not- Accumulated depreciation should be deducted from the gross assets.