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DerKrebs [107]
3 years ago
9

Alpha has $40,000 of capital per worker, while Beta has $5,000 of capital per worker. In all other respects, the two countries a

re the same. According to the principle of diminishing returns to capital, an additional unit of capital will ______ in Alpha compared to Beta, holding other factors constan
a. less
b. more
c. not at all
d. by the same amount
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
3 0

Answer: The correct answer is "a. Less".

Explanation: According to the principle of diminishing returns to capital, an additional unit of capital will <u>less</u> in Alpha compared to Beta, holding other factors constan.

The law of diminishing returns is an economic concept that shows the decrease of a product or a service as productive factors are added to the creation of a good or service. It is a marginal decrease, that is, the increase is smaller every time.

You might be interested in
Data mining can support the marketing function by: a. Eliminating the need for a firm to have a billing department b. Billing th
ohaa [14]

Answer:

D. Using customer's past purchase history to send information about related products and services the customer may be interested in

Explanation:

Data mining is the process whereby large pre existing databases are examined with the aim of generating new information. It is the extraction of usable data from a larger set of data. Company usually use this process to turn raw data into useful information that can be applied to their daily activities.

In the case of marketing, data mining helps in extracting useful information from a customer's purchase history in order to identify useful information on goods or services the customer may be interested in or attracted to.

3 0
2 years ago
Primer Company acquired an 80% interest in SealCoat Company on January 1, 2013, for $450,000 cash when SealCoat Company had comm
KATRIN_1 [288]

Answer:

b) $665,000.

Explanation:

Primer income: $625,000

SealCoat income: $50,000

Primer interest in SealCoat is 80% therefore primer is a parent company to SealCoat and is entitled to $40,000 (80%*$50,000) on SealCoat income.

Therefore, consolidated net income for 2013 is: $665,000 (625,000+40000)

3 0
3 years ago
Orr Co. prepared an aging of its accounts receivable at December 31 and determined that the net realizable value of the receivab
lyudmila [28]
  • With all these entries registered the final balance of the Allowance for Uncollectible Accounts  it's as follows:

Answer:

  • For the year ended December 31, Orr’s uncollectible accounts expense is

Cr Allowance for Uncollectible Accounts  $ 10.000

Explanation:

  • The initial balance of the account was as follows:

Cr Allowance for Uncollectible Accounts  $ 28.000

  • Accounts written off as uncollectible during the year 23,000 , it means that part of the balance of the account, "Allowance for Uncollectible Accounts" was used to record the written-off accounts, this movement had a negative impact in the Accounts Receivable.

Dr Allowance for Uncollectible Accounts $ 23.000  

Cr Accounts Receivable                    $ 23.000

  • During the year, the company recovered part of the canceled accounts, which means that part of that amount was collected, so it is necessary to reverse the previously registered entry.

Dr Accounts Receivable                                $ 5.000  

Cr Allowance for Uncollectible Accounts  $ 5.000

  • With all these entries registered, the final balance of the Allowance for Uncollectible Accounts  is as follows as credit balance:

Cr Allowance for Uncollectible Accounts  $ 10.000

Accounts Uncollectible are those credit that the company give and there are not chances of been collected.

When the customers buy products on credits but then the company can't collect the debt, then it's necessary  to write off the unpaid bill as uncollectible .

One way it's to write-off directly the bad debts at the moment decided that the credit are uncollectible, the total amount  it's reported as bad debt expenses which affect negativly the income statement and the accounts receivable are reduced in the same amount, less assets.

The other way it's to determine a percentage of total amount of accounts receivables as uncollectible, exist many ways to analize the accounts receivable and figure the value of uncollectible.

When the company have the percentage of uncollectible accounts the journal entry required is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit)

At the moment of the write-off as the expenses were before recognized we only use the Allowance for Uncollectible Accounts (Debit) with Accounts Receivable (Credit), with this we are recognizing the uncollectible credit of the company.

6 0
3 years ago
Which of the following has made communication within teams more difficult in recent years?
Dovator [93]

Answer:

B. an increasingly global society

Explanation:

Communication may be explained as the exchange of information and messages between two or more people ; the sender which initiates the communication process and the receiver who responds to the initiated message. This means communication is an important between team members and any impairment in the communication process will be make the team less effective. Technology has helped in creating a wide range of communication means. However, the growing level of interdependence or globalization in the society whereby effectiveness of most processes is no more independent, such that the failure or one system will invariably affect the other causes a significant setback whenever such problem occurs.

4 0
2 years ago
What are the three roles of money in an economy
Free_Kalibri [48]

The three functions/roles of money in an economy are:

1) Medium of Exchange: When money are used to intermediate exchange of goods and services.

2) Unit of Account: Standard numerical unit of measurement of market value goods, services, or other transaction. Money must be divisible into smaller units without loss of value and a specific weight or size to be verifiably countable.

3) Store of Value: To act as a store value,money should be reliably saved, stored, and retrieved. It also must be predictably usable as a medium of exchange when it is retrieved.

5 0
2 years ago
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