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vivado [14]
3 years ago
10

Consider a hypothetical economy in which onlycomputers and shoes are produced and in whichcomputer production is capital intensi

ve compared withshoe production. If two resources are being used, laborand capital, then any increase in immigration in thelong run:
A. will cause the capital­labor ratio to increase in thecomputer industry.
B. will cause the capital­labor ratio to increase in theshoe industry.
C. will cause the capital­labor ratio to increase in boththe industries.
D. will increase the number of workers employed in theshoe industry
Business
1 answer:
Natasha2012 [34]3 years ago
3 0

Answer:

The correct answer is (D)

Explanation:

In a hypothetical economy, the increase in immigration, in the long run, will increase the number of workers in the shoe industry. The shoe industry is less capital intensive compared to the computer industry, which is why immigration will increase the number of workers in the shoe industry because it is more labour incentive. The other reason is the demand for labour in the computer industry is less because it is capital intensive industry.

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Investors, when calculating the present value of a bond's future cash flows (i.e, when valuing a bond), technically use which on
Masteriza [31]

Answer:

b. yield to maturity

Explanation:

The future cash flows of the bonds are discounted to the present value using the yield to maturity or market related rate of the bond. The required return of the bond represents the coupon payments that the bond is offering.

5 0
3 years ago
Choose the correct statement regarding rental insurance
Eduardwww [97]

Answer:

A. Rental insurance covers your personal belongings but not the building

Explanation:

RENTAL INSURANCE is a type of insurance that help to cover or replace a person or an individual personal belongings in the case of unforseen circumstances such as theft ,fire accident or damage to Property which may arise and on the second hand RENTAL INSURANCE does not cover damage to a person personal property that arise due to damage causes by natural disasters such as hurricanes as well as carpeting repair due to water heater leakage.

Lastly RENTAL INSURANCE does not cover the actual building reason been that it only landlord Insurance policy that covers the actual building which means that the correct statement regarding rental insurance is :Rental insurance covers your personal belongings but not the actual building.

8 0
3 years ago
Nancy and Joan bought a small farm for $300,000 under an installment land contract with a $50,000 down payment. They will pay in
KatRina [158]

Answer:

75,000

Explanation:    

300,000-50,000 = 250000*6%*5

6 0
3 years ago
On December 31, 2017, Extreme Fitness has adjusted balances of $960,000 in Accounts Receivable and $87,000 in Allowance for Doub
Paladinen [302]

Answer:

What amount would the company report as its net accounts receivable on December 31, 2017?

Accounts Receivable $873,000

Prepare the journal entry to write off the accounts on January 2, 2018.

Allowance for Uncollectible Accounts  $ 26,000  

Accounts Receivable   $ 26,000

Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018?

The same amount reported on December 31, 2017, if the company doesn't report any movement with the credit debtor there is nothing to do.

Has net accounts receivable changed from December 31, 2017?

The net accounts are the same there is not change in the balance because the write-off it's just a reclassification between the accounts, so the balance keep the same as before.

Explanation:

Accounts Receivable $873,000

The company reports as net accounts receivable the total amount on Accounts Receivable minus the total amount on the Allowance for Uncollectible Accounts  which represent the amount of credit that won't be possible to collect, the result it's the total value on net accounts receivable.  

Allowance for Uncollectible Accounts  $ 26,000  

Accounts Receivable   $ 26,000

As the company just recognized the accounts not collectible, at the moment of the write off it's just a reclasification between the accounts of Allowance for Uncollectible Accounts and Accounts Receivable.

At this moment it's a certainly that the accounts won't be collected, that is why the entry is recorded.

6 0
3 years ago
Unemployment arising from a persistent mismatch between the skills and characteristics of workers and job requirements is called
Naily [24]
<span>Structural unemployment</span>
5 0
3 years ago
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