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-BARSIC- [3]
3 years ago
8

Indicate weather each of the following statements is true or false.

Business
1 answer:
Semenov [28]3 years ago
5 0

Answer:

1. False

2. True

3. False

4. True

5. False

Explanation:

- This is because gains from trade come from specialization in one comparative advantage and self sufficiency can lead poor management of natural resources.

- gain from trade are only based on comparative advantage.

- because trades can benefit both parties when production is based on comparative advantage.

- it gives both parties a chance to consume at points outside their production capabilities.

- because countries open to trade tend to grow faster, innovate to improve productivity while providing more opportunities for the populace.

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1.Danner Company expects to have a cash balance of $45,000 on January 1, 2017. Relevant monthly budget data for the first 2 mont
Nat2105 [25]

Answer:

\left[\begin{array}{ccc}&January&February\\$beginning&45000&27500\\$receipts&97000&150000\\$disbursement&-114500&-163500\\$interest&0&0\\$subtotal&27500&14000\\$minimun&20000&20000\\$Financing&&\\$beginning&0&0\\$payment/loan&0&6000\\$ending&0&6000\\&&\\$ending cash&27500&20000\\\end{array}\right]

Explanation:

On January we collect the 85,000 from revenues and the 12,00 form marketable securities.

Then, we add up each disbursement:

Materials 50000

Labor       30000

Overhead (net of depreciation) 19,500

Selling and administrative 15000

Total 114,500

Then we solve for the cash balance and get the blaance as it is higher than 20,000 we do not need financing

Then, this value is the beginning cash for February. As the ending balance is 14,000 we will take 6,000 financing to reach the bare minimum of 20,000

3 0
4 years ago
Which statement describes the word “iterative”?
IrinaVladis [17]

Answer:

D.

Explanation:

The word 'iterative' is derived from the Latin word 'iterare', which means 'to repeat.'

Iterative is a term used to define a process of repetition to attain the desired outcome. It is a repetitive process performed to improve or do better than before.

The statement that correctly defines the term 'iterative' is option D. The statement talks about working in cycles (repetition) to get a desired result of (refined product).

Therefore, option D is correct.

5 0
3 years ago
Gary invested $1,000 in large U.S. stocks. This investment earned 15.05 percent in 2012, 33.35 percent in 2013, 11.50 percent in
anyanavicka [17]

Answer:

The answer is: Average return Gary earned is 14.97%.

Explanation:

Please find the below for detailed explanation and calculations:

The total increase of Gary's investment in large U.S. stocks from 2012 to 2015 is calculated as : (1+15.05%) x (1+33.35%) x (1+11.50%) + (1+ 2.10%) = 1.747 times. That is, he will get 1,000 x 1.747 = $1,747 at the end of 2015.

The average return of Gary's investment in large U.S. stocks from 2012 to 2015 ( 4 year period) is: [ (The fourth root of 1.747) - 1] x 100% =14.97%.

8 0
4 years ago
Which of the following statements regarding the manufacturing systems are incorrect? (1). For a MRP system, customer demand fore
matrenka [14]

Answer:

The Correct Options are "1" and "3"

Explanation:

  • An MRP method is employed to arrange the fabric needed for manufacture and dispatch. Its accustomed make sure that material is on the market for fabrication and merchandise are accessible for dispatch. For this designing request predictions are mandatory to stay the required material in order that product will be made on time and also the production method doesn't get halted. Therefore possibility one is correct.
  • In a pull method the material is made on request and for this simply in phase is incredibly necessary, therefore the association should be adapted to Just in time method and therefore possibility three is correct.
  • In a Kanban method stream of knowledge is vital for correct operational of offer restraint and for this each section ought to add agreement with the alternative sections and therefore the assumed possibility is false.

6 0
3 years ago
The price of a home is $400,000. The mortgage company requires a down payment of 20% and 1 point at the time of closing for a 30
spin [16.1K]

Answer:

(a) $80,000  (b) $320,000  (c) $10,700  (d) $1,574.21  (e) $246,714.75  (f)  $440.87

Explanation:

Solution

Given that:

Now

(a)The price of the house = 400,000

The down payment = 20%

The value of down payment = 20%*400,000

= $80,000

(b) The loan  value or amount financed = Purchase Price - Down Payment

= 400,000 - 80,000

= $320,000

(c)  Thus

The loan value = $320,000

1 Point has to be paid at the closing time and also, the closing  fees of $7,500 has to be paid

So, the amount paid at the time of closing = 1%*320000 + 7500

= 3200 + 7500

= $10,700

(d) To compute the Monthly payment we make use of the PMT function in Excel

Which is given below:

4= PMT(Rate, Nper, PV, FV,Type)

Rate = 4.25%/12

Nper = 30*12

= 360

PV = 320000

FV = 0

Type = 0

=PMT(4.25%/12, 360, -400000,0,0)

= $1,574.21

(e) Now we find the total amount paid over 30 years  which is given as :

Total amount paid over 30 years

= 1,574.21*360 = $566,714.75

The loan amount = $320,000

Total interest cost = 566,714.75 - 320,000

= $246,714.75

(f)  The Interest paid during first installment is as follows:

= 4.25%*320000/12

= $1,133.33

Monthly installment = $1,574.21

The Principal repayment = Monthly installment - Interest paid during first installment

= 1,574.21 - 1,133.33

= $440.87

8 0
3 years ago
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