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3 years ago

The circle graph shows information about Germany's labor force in 2011.

Business

2 answers:

Debora [2.8K]3 years ago

8 0

If you look at the pie chart, you'll see the percentage of each sector. You can see that Industry has about 1/4, Agriculture has less than 1/24th of the pie, and then finally, you'll see that service takes up majority of the pie chart; about 3/4th's of it.

With these observations, the answer should obviously be "Most Germans work in services."

Just gotta look at the chart fam

AnnyKZ [126]3 years ago

3 0

Answer:

Most Germans work in services

Explanation:

B on edge 2020

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Assume France and Mali can both produce grain and dates, and that the only limited resource is the farming labor force, meaning

soldi70 [24.7K]

Answer:

In France:

Farmer can produce = 10 metric tons of grain or 5 metric tons of dates in a season

In Mali:

Farmer can produce = 10 metric tons of grain or 25 metric tons of dates.

(1) Mali has the absolute advantage in producing dates because Mali produces more metric tons of dates than France from the same level resources.

(2) No country has an absolute advantage in producing grain because same amount of grain were produced by both the countries with the same level of resources.

(3) Opportunity cost of dates in France = $\frac{10}{5}$

= 2 grain

Opportunity cost of dates in Mali = $\frac{10}{25}$

= 0.4 grain

Therefore, Mali's opportunity cost of producing dates is lower than France, so Mali has a comparative advantage in producing dates.

(4) Opportunity cost of grain in France = $\frac{5}{10}$

= 0.5 dates

Opportunity cost of grain in Mali = $\frac{25}{10}$

= 2.5 dates

Therefore, France's opportunity cost of producing grains is lower than Mali, so France has a comparative advantage in producing grains.

7 0

3 years ago

The following selected accounts from the Pina Colada Corp.â€™s general ledger are presented below for the year ended December 31

Snowcat [4.5K]

Answer:

Pina Colada Corp.

Multi-step Income Statement for the year ended December 31, 2017:

Sales revenue $2,304,000

Sales returns and allowances 39,360

Net Sales 2,264,640

Cost of goods sold 1,041,600

Gross profit 1,223,040

Rent revenue 23,040

Gross operating revenue 1,246,080

Depreciation expense 120,000

Salaries and wages expense 648,000

Freight-out 24,000

Advertising expense 52,800

Sales discounts 8,160

Insurance expense 14,400

Total operating expenses 867,360

Operating income (EBIT) $378,720

Interest revenue 28,800

Interest expense (67,200)

Income before taxes $340,320

Income tax expense 67,200

Net income $273,120

Retained earnings 513,600

Dividends (144,000)

Retained earnings, Dec. 31, 2017 $642,720

Explanation:

a) Data and Calculations:

December 31, 2017:

Common stock 240,000

Retained earnings 513,600

Inventory 64,320

Sales revenue 2,304,000

Sales returns and allowances 39,360

Rent revenue 23,040

Interest revenue 28,800

Cost of goods sold 1,041,600

Depreciation expense 120,000

Salaries and wages expense 648,000

Freight-out 24,000

Advertising expense 52,800

Sales discounts 8,160

Insurance expense 14,400

Interest expense 67,200

Income tax expense 67,200

Dividends 144,000

8 0

3 years ago

How would you expect each of the following to affect the economy-wide demand for U.S. money (currency)? a. Competition among bro

Anna007 [38]

Answer:

Market interest rate is also known as nominal interest rate. The nominal interest rate is sum of real interest rate and inflation rate. Fed try to control the monetary condition and real interest rates by manipulating money supply. These interest rates also affect the demand of money in market.

Part (a)

When commission of brokers decreases then buying and selling of stocks becomes easier and cheaper and people would transact in more and more stocks which will decrease the demand of money as liquidity of stock has increased.

Part (b)

When grocery store starts accepting credit cards then people would need to carry less cash and demand of money will decrease.

Part (c)

As financial investors are now worried about riskiness of stocks so they will decrease their investment in stocks and prefer holding more money so demand of money will increase.

5 0

3 years ago

Antonio would like to replace his golf clubs with a custom-measured set. A local sporting goods megastore is advertising custom

AlexFokin [52]

Answer:

Antonio and Replacement of Golf Clubs

a. He should cash the CD and use the proceeds to finance part of the golf clubs.

b. The reason is that he would pay more in in-store financing totaling $37.06 per annum than the net interest he would generate from the CD totaling $23.18 per annum. And Antonio would incur a net loss of $13.88 if the CD was renewed unlike the $5.74 if the CD were not renewed.

Explanation:

Option 1: Renew Certificate of Deposit (CD):

Interest earned = $33.48 ($600 * 5.58%)

Taxes = 10.30 ($33.48 * 30.75%)

Net Income = $23.18

Cost of in-store financing = $37.06 ($710 * 5.22%)

Net Loss(overall) = $13.88 ($37.06 - $23.18)

Option 2:

Sale-off of CD = $600

Net financing required = $110 ($710 - $600)

Cost of financing = $5.74 ($110 * 5.22%)

6 0

3 years ago

Beyer Company is considering the purchase of an asset for $215,000. It is expected to produce the following net cash flows. The

wlad13 [49]

Answer:

a) Net Present Value = $ 304,495.12

b) Beyer should accept the investment.

Explanation:

The net present value NPV) of a project is the present value of cash inflow less the present value of cash outflow of the project.

NPV = PV of cash inflow - PV of cash outflow

Year PV

1 77,000 × 1.12^(-1) = 68,750.00

2 54,000 × 1.12^(-2) = 43,048.47

3 82,000 × 1.12^(-3) = 58,365.98

4 172,000 × 1.12^(-4) = 109,309.11

5 423,000 × 1.12^(-5)= 240,021.56

Total Present Value 519,495.12

Initial cost (215,000)

Net Present Value 304,495.12

Net Present Value = $ 304,495.12

b) Decision :

Beyer should accept the investment. This will increase the wealth of the shareholders by $ 304,495.12

8 0

3 years ago