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AVprozaik [17]
3 years ago
9

Ginger and Maryann are lost in the jungle, where the only things to eat are mangoes and fish. Ginger can gather mangoes faster t

han Maryann and can also catch more fish per hour than can Maryann. Therefore,
A. Ginger should specialize in fishing because it is harder than gathering mangoes, and Maryann should specialize in gathering mangoes.
B. Ginger should strike out on her own, because Maryann reduces their combined productivity.
C. Maryann should specialize in the activity for which she has a comparative advantage.
D. Ginger should specialize in the activity for which she has an absolute advantage.
Business
1 answer:
Lyrx [107]3 years ago
5 0

Answer:

C. Maryann should specialize in the activity for which she has a comparative advantage.

Explanation: Being able to produce goods by using fewer resources, at a lower opportunity cost is comparative advantage. Maryann should specialize in the activity where she has this.

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They represent a market failure because <span>by their very nature they are nonexcludable and nonrival which makes it difficult for the private sector to supply them profitably. Answer: B
</span>Public goods are nonrival in consumption and their benefits are nonexcludable
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Downtown! is a rapidly growing web-based retailer with about 100 management and technical support employees at its headquarters
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Where did the answer go after I signed up?  I sign up and the answer disapperas?
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Sienna Inc., a software firm, decided to hire a technical expert. The company conducted an aptitude test followed by structured
joja [24]

Answer:

Refer David to another company.

Explanation:

In the given case, promoting other minority employees is not the correct action because the victim is David. Hiring other African Americans make up for David's loss is not the correct answer either because of the same reason. Paying David's legal costs is not an effort towards compensating for the discrimination. The company is likely required to give David a referral to another company which is the only action that affects David directly in terms of compensation. I hope this was helpful.

4 0
3 years ago
Blossom Company lends Blue Spruce industries $61200 on August 1, 2022, accepting a 9-month, 12% interest note. If Blossom Compan
Svetlanka [38]

Answer:

Dr interest expense   $2448

Dr interest payable    $3060

Dr Notes payable      $61,200

Cr cash($2448 +$3060 +$61,200)                 $ 66,708.00  

Explanation:

The interest accrued at 31st December 2022 is interest for 5 months which is calculated thus:

interest as at 31st December=5/12*12%*61,200=$3060

On that interest expense would have been debited while interest payable is credited with $3060

On the due date, interest for another months need to computed as follows:

interest for four months=4/12*12%*61,200=$2448

8 0
3 years ago
Find online the annual​ 10-K report for Costco Wholesale Corporation​ (COST) for fiscal year 2015 ​(filed in October 2015​). Ans
seraphim [82]

Answer:

Costco's fiscal year ends in August, not October.

1. What were Costco's revenues for fiscal year 2015?

  • $113,666 million

2. By what percentage did revenues grow from the prior year?

  • (2015 revenue - 2014 revenue) / 2014 revenue = ($133,666 - $110,212) / $110,212 = 21.28%

3. What was Costco's operating income for the fiscal year?

  • $3,624 million

4. What was Costco's average tax rate for the year?

  • total income taxes / income before income taxes = $1,195  / $3,604 = 33.16%

5. What were Costco's diluted earnings per share in fiscal year 2015?

  • $5.37

6. What number of shares is this EPS based on?

  • 442,716  shares

7. What were Costco's revenues for fiscal year 2015?

  • Costco's revenues for fiscal year 2015 was <u>$113,666</u> million. (Round to the nearest million.)

8. By what percentage did revenues grow from the prior year?

The percentage the revenues grew from the prior year is <u>21.28%</u>. (Round to two decimal places.)

9. What was Costco's operating income for the fiscal year?

Costco's operating income for 2015 was <u>$3,624</u> million. (Round to the nearest million.)

10. What was Costco's average tax rate for the year? <u>33.16%</u>

Explanation:

On the SEC's website you can find information about all publicly traded corporations, including financial statements and other relevant information.

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