Answer:
Japan exported much more to the United States during this period than it imported from the United States.
Explanation:
When a country's trade balance is positive, its currency tends to appreciate since foreign buyers want to purchase more domestic goods.
Since Japan has been consistently exporting more goods to the US than what they import from the US, American businesses need to buy more Japanese yens, than the amount of US dollars that Japanese businesses need. Therefore an increase in the demand of Japanese yens will need into a price increase of that currency.
Answer:
d. $11.11 per unit
Explanation:
Plant wide overhead rate = Total manufacturing cotsts / Total direct labor hours
Plant wide overhead rate = ($2,530,000 + $900,000) / (168,000+110,000)
Plant wide overhead rate = $3,430,000 / 278,000
Plant wide overhead rate = $12.34 per DLH
Overhead cost per unit = Plant wide overhead rate * Direct hours per unit
Overhead cost per unit = $12.34 * 0.90
Overhead cost per unit = $11.11 per unit
Answer:
d) information utility
Explanation:
Based on the information provided within the question it can be said that the type of utility created by the efforts of the employees is information utility. This refers to individuals moving information about the good and bad features that the company sells in order to provide utility to the store and hopefully garner more customers to increase sales.
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Answer:
a. $14.7 million
b. $15.7 million
Explanation:
a. The asset retirement obligation (rounded) that should be recognized at the beginning of the extraction activities is:
Present Value of Cash Flows Expected From the Project / Asset Retirement Obligation at the Beginning = (0.60*10 + .40*30) * PVIF(7%,3 Years)
=(0.60*10,000,000 + 0.40 * 30,000,000) * 0.81630
= (6,000,000 + 12,000,000) * 0.81630
= 18,000,000 * 0.81630
= $14.7 million
b. The asset retirement obligation (rounded) that should be reported on the balance sheet one year after activities begin is:
Asset Retirement Obligation One Year After = Present Value of Cash Flows Expected From the Project*(1+.07)
= 14,700,000 * (1+0.07)
= 14,700,000 * (1.07)
= $15.7 million
