Answer:
d. With trade, Brazil should specialize in sugar cane and China in iPods.
Explanation:
As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane
On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod
Therefore the option d is correct
I can't help you unless you give me more Information
Answer:
1.
c. $21
2.
b. $20
Explanation:
1.
In lower-of-cost-or-market comparison, the cost of the product and the realizable value of the product are compared and lower is used to value the available inventory.
In the given Scenario the realizable value of product Z is the recoverable value of the product.
Hence The replacement value of $21 should be used in the lower-of-cost-or-market comparison.
2.
Calculate the net recoverable value for the product Z
Net recoverable value = Selling price of product Z - Cost to sell product Z
Net recoverable value = $25 - $3 = $22
Now by comparing the cost and net realizable value the lower value is cost of $20.
Hence $20 will be used in order to value the inventory.
<span>1.) A. land
2.) D. Pollution
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Answer:
Revenue recognition
Explanation:
Correct word for the given statement is Revenue recognition
Revenue recognition is a proper accounting rule (GAAP) that distinguishes the particular conditions wherein income is perceived and decides how to represent it. Normally, income is perceived when a basic occasion has happened, and the dollar sum is effectively quantifiable to the organization.
