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3 years ago

If country a allocates more resources to producing capital goods than does country b, _________.

Business

1 answer:

Sunny_sXe [5.5K]3 years ago

7 0

c. Country A will incur a larger opportunity cost of growth, but it will grow more quickly than country B.

The more a country invests in one method of production, the higher the opportunity costs will be because the money could be spent on bigger and bigger amounts of alternate goods.

While the opportunity cost is higher, fully investing in producing capital goods will lead to faster growth.

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Identify the career that matches each description.

mariarad [96]

Answer:

You didn’t provide a list so I came up with possible answers.

Choreographer

Writer

Actor/Actress

Director

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3 years ago

Read 2 more answers

A classified balance sheet can be described as a balance sheet that: (Check all that apply.) Multiple select question. is more u

telo118 [61]

Answer: 1) organizes assets and liabilities into important subgroups 2) is more useful to decision makers 3) lists current assets in order of how quickly they can be converted to cash

Explanation: see image

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2 years ago

Sunland Corporation has retained earnings of $708,900 on January 1, 2020. Net income during 2020 was $1,663,000, and cash divide

andriy [413]

Answer:

Beginning RE 708,900

prior period adjustment <u> 89,470 </u>

adjusted beginning RE 798,370‬

net income 1,663,000

cash dividends <u> (77,800) </u>

ending RE 2,383,570‬

Explanation:

The amend of the mistake is done to adjust the beginning retained earnings as it didn't occur in the current accounting cycle.

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then, we proceed normally by adding the net income and decreasing the cash dividends paid to arrive to ending RE

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3 years ago

At the beginning of 2018, the balance in Jackson Enterprises' Allowance for Uncollectible Accounts was $31,800. During 2018, the

Colt1911 [192]

Answer:

The answer is: Credit record to Accounts Receivable account

Explanation:

The Accounts Receivable account is an asset, usually it should be a current asset since it should be collected within a one year period. When assets increase, a debit record should be made. But in this case, the asset is decreasing since bad debts reduce the Accounts Receivable account. When an asset decreases, a credit record should be made.

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3 years ago

f-1. Assume that no intra-entity inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, S

Margarita [4]

Answer:

Journal 1

Debit : Other Income $34,000

Credit : Equipment $34,000

Journal 2

Debit : Accumulated depreciation $6,800

Credit : depreciation $6,800

Explanation:

Step 1 : Eliminate the Income resulting from sale and the additional value of equipment sitting in the buyer books

Income = Selling Price - Carrying Amount

where,

Carrying Amount = Cost - Accumulated depreciation

= $84,000

therefore,

Income = $118,000 - $84,000 = $34,000

Journal;

Debit : Other Income $34,000

Credit : Equipment $34,000

Step 2 : Eliminate the unrealized profit as a result of additional asset value

unrealized profit = income ÷ remaining useful life

= $34,000 ÷ 5

= $6,800

Journal;

Debit : Accumulated depreciation $6,800

Credit : depreciation $6,800

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3 years ago

If country a allocates more resources to producing capital goods than does country​ b, _________.

If country a allocates more resources to producing capital goods than does country b, _________.