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2 years ago

Which of the following is an example of successive approximation

Business

1 answer:

nadya68 [22]2 years ago

5 0

Giving positive reinforcement when a student comes close to what you wanted

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Which of the following is a common sense safety procedure that can help prevent electrical accidents

evablogger [386]

Putting the wrong wires together and not knowing what goes to what

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2 years ago

Read 2 more answers

Suppose that Italy and Sweden both produce rye and cheese. Italy's opportunity cost of producing a pound of cheese is 5 bushels

mars1129 [50]

Answer:

Italy has a comparative advantage in the production of cheese

Explanation:

Suppose that Italy and Sweden both produce rye and cheese.

Italy's opportunity cost of producing a pound of cheese is 5 bushels of rye while Sweden's opportunity cost of producing a pound of cheese is 10 bushels of rye.

By comparing the opportunity cost of producing cheese in the two countries, you can tell that Italy has a comparative advantage in the production of cheese because it has a lower opportunity cost (as a matter of fact half the cost) in comparison with Sweden.

Comparative advantage is an economic term that refers to an economy's ability to produce goods and services at a lower opportunity cost than that of trade partners

6 0

2 years ago

On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of

faltersainse [42]

Answer:

2021

revenue 2,666,667

we have cost for 2,000,000

income for 666,667

2022

revenue 3.278.400‬

cost 2,500,000

income 778.400‬

2023

revenue 2,054,933‬

cost 3,800,000

loss 1,745,067‬

Explanation:

2,000,000/ (2,000,000 + 4,000,000) = 1/3

in 2021 a third of the contract was complete therefore we recognize a third of revenue:

8,000,000 x 1/3 = 2,666,667

we have cost for 2,000,000

income for 666,667

2,500,000 / (2,500,000 + 3,600,000) = 0,4098

we recognize revenues for 40.98 of the total contract value.

8,000,000 x 40.98 = 3.278.400‬

cost 2,500,000

income 778.400‬

2023

we recognize the remaining revenue.

8,000,000 - 2,666,667 - 3,278,400 = 2.054.933‬ revenue

cost 3,800,000

loss 1,745,067‬

7 0

2 years ago

A manufacturing company reports the following items:

QveST [7]

Answer:

The cost of goods sold is $ 4,800.

Explanation:

This problem requires us to calculate cost of good sold. The opening and closing balance of finished goods is given in the question. The cost of good manufactured is also provided in the question.

The cost of good sold can be calculated by finding the amount transferred from finished good account. Detail calculation is given below.

Finished good inventory begining $ 1,000

Cost of good manufactured $ 5,000

Finished good inventory ending ($ 1,200)

Cost of good sold $ 4,800

5 0

2 years ago

The increased customer value achieved through performing organizational functions like marketing or manufacturing more efficient

Nuetrik [128]

Answer:

Synergy.

Explanation:

Synergy is the benefit that results when two or more agents work together to achieve something in a fruitful way, like the increased customer value, which either one could not have achieved on its own. It is the concept of the whole being greater than the sum of individual effects.

8 0

2 years ago