Answer:
Neither the United States nor Chile has a comparative advantage in chair production.
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A countrry has absolute advantage if it produces more quantities of a good when compared to another country.
America:
Opportunity cost in producing chairs = 1,000 / 100 = 10
Opportunity cost in fishing = 100 / 1000 = 0.1
For Chile:
Opportunity cost in producing chairs = 400 / 40 = 10
Opportunity cost in fishing = 40/ 400 = 0.1
Neither the United States nor Chile has a comparative advantage in chair production because they produce at the same opportunity cost.
I hope my answer helps you
Answer:
$9802
Explanation:
The total return is the sum of the dividend value and the increase in share value:
return per share = $0.70 +($35.26 -32.58) = $3.38
Then the return on 2900 shares is . . .
2900 × $3.38 = $9802
Answer:
Explanation: What are internal controls? Internal controls are the process and procedures put in place by an organisation to control the way things are done. It is a Management process whereby measures are put in place to control the way things are done to avoid fraud by the employees.
Internal controls include : Separation of duties especially between the accounts and procurement dept. That is the procurement department is to make the request for the items needed and the accounts department makes the order and pay for the order while the delivery will be made to the procurement dept and invoice and delivery note will be sent back to the accounts depart for confirmation and filing.
From the above question, the internal control weakness are that it is only one employed that makes a request, order for the requested items, negotiate the price and receives the order from the supplier. There is no internal control measure put in place in the company.
Answer:
Forza Horizon 5 - abbreviated as FH5
Explanation:
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