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dmitriy555 [2]
3 years ago
10

Home of Households, Inc., has an appliance manufacturing plant in the Chicago area. The company specializes in producing smaller

washers and dryers for countries where consumers have less living space. Home of Households participates in the global market throughA. dumping.B. balancing trade.C. exporting.D. importing.
Business
1 answer:
Blizzard [7]3 years ago
7 0

Answer:

The correct option is C

Explanation:

As company is producing or manufacturing in the area Chicago and produce or make the dryers and small washers for countries where the consumers have less living space. So, it participates in the global market by exporting. As exporting refers to exporting or transfer the goods to another country as they are produced in another country.

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Your friend brought up an investment opportunity that will generate cash flows of $5,000, $5,300, and $6,000 next three years, r
ahrayia [7]

Answer:

The most I could pay for the investment is $12,960.09  

Explanation:

The maximum a rational investor could pay acquire an investment is the present value of all future cash flows receivable from the investment.

In the case, the present of all cash flows is calculated thus:

Years  Cashflows [email protected] 12% PV

1          5000 0.892857143  4,464.29  

2          5300 0.797193878  4,225.13  

3           6000 0.711780248  4,270.68  

   Total of present values               12,960.09

The discounting factor is calculated using the formula :

1/(1+r)^n where r and n are rate and number of years respectively.                                          

8 0
3 years ago
Jacques lives in San Diego and runs a business that sells boats. In an average year, he receives $728,000 from selling boats. Of
Gwar [14]

Answer:

1. <u>implicit cost</u>

2.<u> explicit cost</u>

3. <u>implicit cost</u>

4. <u>explicit cost</u>

Explanation:

Implicit costs refer to those costs that represent opportunity cost. In simple terms they are notional or those which haven't been actually incurred but considered.

Opportunity costs refer to the cost of sacrificed alternatives when an alternative is opted for. For instance, a student pursuing post graduation incurs implicit cost in the form of income foregone had he chosen to work instead for the same duration.

In the given case, the foregone rental income Jacques would've earned had he chosen to rent out his showroom represents opportunity cost or implicit cost.

Similarly, the salary Jacques sacrificed by working in boat business represents implicit cost.

The wages and utility bills that Jacques pays and wholesale cost which he pays represent costs which have actually been incurred, which are termed as explicit costs.

6 0
3 years ago
The profits of West Side Grocery have dropped significantly over the last several months. After investigating, the owner realize
zubka84 [21]

Answer: D) poor planning.

Explanation:

It is in the Planning Stage that expectations are penned down. If this is not set out, people will.not know what is expected of them and as such will move with no specified DIRECTION on projects. In such a situation, business objectives can rarely be met.

Indeed, Poor Planning is one of the major causes of LOW PRODUCTIVITY and PROFITABILITY which is what West Side Groceries is currently going through.

3 0
3 years ago
What is the richest state?
Ivanshal [37]

Colorado not even kidding

8 0
3 years ago
Wanna join a pad let with me, ill send li nk,
ValentinkaMS [17]
No thanks im good thanks for asking tho
5 0
3 years ago
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