Answer:
The correct answer is B. the convergence hypothesis.
Explanation:
The convergence hypothesis means that countries with lower levels of GDP per capita tend to grow faster than those with higher levels of GDP per capita, which implies that over time the levels of GDP per capita tend to equalize. . The opinions and results of many investigations differ from each other, but many economists argue that convergence is not always verified, but that in many cases "conditional convergence" is verified. Conditional convergence means that convergence is verified for groups of countries that have certain common characteristics.
Answer:
c. Store cleaning solutions in a utility closet away from food
Explanation:
The best way to prevent food from getting contaminated by chemicals is to separate the two as much as possible. Deliberate actions should be taken to ensure that items containing chemicals such as cleaning materials and sanitizers are not in close contact with food.
During cleaning, food items should be kept at a safe distance. Surfaces should be left to dry before food preparation begins. Cleaning materials should have a lockable place away from the kitchen.
Answer:
$12,500
Explanation:
interest expense = $500,000 x 10% x 3/12 = $12,500
The dirty price of the bonds will include accrued interest expense. The bonds are issued at a premium since the market rate is lower than the coupon rate, but the amortization of the premium will reduce future interest expense, it cannot reduce past events.
Answer:
d. $640,000
Explanation:
The computation of ending balance of Retained Earnings is shown below:-
Ending balance of Retained Earnings = Beginning balance + Net income - Preferred dividends declared - Common dividends declared
= $400,000 + $300,000 - $50,000 - $10,000
= $700,000 - $60,000
= $640,000
Therefore for computing the ending balance of Retained Earnings we simply applied the above formula.
Answer:
a. $300 and $60
b. 50 shirts and $750
Explanation:
The computation is shown below:
a. The total revenue would be
= Number of shirts sold × selling price per shirts
= 20 shirts × $15
= $300
The variable cost would be
= Number of shirts sold × materials used in one shirt
= 20 shirts × $8
= $160
b. The net profit is
= Selling price per shirts - materials used in one shirt
= $15 - $8
= $7
And, the cost of using the equipment is $350
So, the break-even sales is
= $350 ÷ $7
= 50 shirts
And, the revenue is
= 50 shirts × $15
= $750
