Answer:
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Explanation:
Answer:
B. No, because the efficiencies gained from exploiting comparative advantage generate more winners than losers.
Explanation:
Everything has its all pros and cons. When international trade takes place, people in the economy are happy, because of wide variety and options given.
Further the traders, manufacturers also tend to grow as due to competition they improve with the quality standards, designs, variations, etc:
Competition forces to excel in any kind of job you do. And that only the best players and performers stay in the market.
This is the advantage, of such international trades.
Answer:
$280,000
Explanation:
Computation for the company’s residual income for the year
Using this formula
Residual Income=Operating income- (Average operating assets×Rate of return)
Let plug in the formula
Residual Income = $450,000 – ($1,700,000 x 10%)
Residual Income=$450,000-$170,000
Residual income=$280,000
Therefore te company’s residual income for the year will be $280,000
Answer:
Even if the material costs represent below 50% of total manufacturing costs, vendor selection and material acquisition should be extremely important for a company not only because of the costs of the inputs but also to control their quality.
It is very difficult to produce something if you don't have the correct materials; the correct quantity, the right quality and delivered on time. If any of the three previous characteristics fails, you will face serious problems.
