Answer:
a) the South reaped all the profits from the cotton trade.
Explanation:
Cotton grown in the southern states of the US helped to start the industrial revolution in the United Kingdom and northern states in the US. Even though cotton was not grown in northern states, the factories that processed cotton were located there. The south provided the raw materials and the north provided the final processed goods.
Answer:
Joint venture
Explanation:
A joint venture can be defined as a business arrangement in which two parties come together to achieve a purpose by combining resources of both parties.
A joint venture involves joint ownership of the business.
A joint venture is good because it helps with sharing of liabilities with a partner, access to knowledge, etc.
Cheers
Answer:
a. 2.23
b. 3.21
Explanation:
a. Answer to Part A
Payback Period = Investment / Annual Cash Inflow
= 250000 / 112115
= 2.23
Answer to Part B
Payback Period = Investment / Annual Cash Inflow
= 200000 / 62375
= 3.21
Working Note
<em>Particulars Case A Case B
</em>
After Tax Income 72115 39000
Add: Depreciation 40000 23375
Cash Inflow 11,2115 62375
<em>Particulars Case A Case B
</em>
Cost of Machine 250000 200000
Less: salvage Value 10000 13000
Depreciable Value 240000 187000
Life of the Asset 6 8
Annual Depreciation 40000 23375
"Human wants are unlimited" is the one among the following choices given in the question why <span>people want something that is scarce. The correct option among all the options that are given in the question is the second option or option "B". I hope that this is the answer that has come to your desired help.</span>
Answer:
variable costs.
variable costs.
fixed cost
variable costs.
fixed cost
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
If no pizzas are delivered, there would be no need for boxes. thus boxes of pizza is a variable cost
the salary of the programmer is not dependent on the level of output. thus it is a fixed cost
