Answer:
The correct answer is option d.
Explanation:
Absolute advantage refers to the situation when a firm can produce more of a commodity at the same cost, or same level of commodity at a lower cost.
Morocco can produce 25 metric tons of grain and 75 metric tons of date.
While France can produce 20 metric tons of grain and 10 metric tons of date.
We see that Morocco can produce more of both the commodities so it has an absolute advantage in production of both grain and dates.
Comparative advantage refers to the situation when a country is able to produce a commodity at a lower opportunity cost.
The opportunity cost of producing a metric ton of dates for Morocco is
=
=
= 0.2
The opportunity cost of producing a metric ton of dates for France is
=
=
= 2
Morocco has a lower opportunity cost in producing dates so we can say that it has comparative advantage in producing dates.
The opportunity cost of producing a metric ton of grain for Morocco is
=
=
= 5
The opportunity cost of producing a metric ton of grain for France is
=
=
= 0.5
France has a lower opportunity cost in producing grains so we can say that it has comparative advantage in producing grains.
Answer:
The correct answer is gainsharing.
Explanation:
Gainnsharing plans, also known as shared productivity plans, are characterized by sharing the benefits of improved productivity, reduced costs and / or improved quality. In many of them, plants add shared supplements instead of replacing existing compensation systems.
With such plans, the administration calculates the incentives every month. It is customary for only two thirds of the incentives earned in a given payment period to be distributed. The three shared productivity plans presented are: Scanlon, Rucker and IMPROSHARE. These three productivity plans are flexible in terms of the personnel included in them.
Answer: $1.51 per share
Explanation:
Here's the question:
Compute Berclair's earnings per share for the year ended December 31, 2021.
Firstly, we.calculate the weighted average number of shares outstanding which will be:
= ( 400 × 12/12 × 1.05 ) - ( 30 × 10/12 × 1.05 ) + ( 5 × 3/12 )
= 420 - 26.25 + 1.25
= 395 million
Then, we calculate the preferred dividend which will be:
= 6 × 100 × 9%
= 6 × 100 × 0.09
= 54 million
Earnings per share will be:
= ( Net income - Preferrred dividend ) / Weighted average number of shares outstanding
= ( 650 - 54 ) / 395
= 596 / 395
= $1.51 per share
Berclair's earnings per share is $1.51 per share