Answer:
D.$3,950
Explanation:
Production = ($10,285 + $9,800 + $8,800) ÷ 5,450units
=$28,885÷5,450 units
= $5.3per unit
COGS = 3,300 units sold × $5.3 per unit
= $17,490
Net income = Revenue − Cost of goods sold − Selling and administrative expenses
Net income = (3,300 units × $7.80 per unit) − (3,300 units sold × $5.3per unit) − $4,300
=(25,740-17,490)-$4,300
= 8,250-$4300
=$3,950
Therefore Silverman's net income for the first year in operation is $3,950
They are forms of Communication.
Answer:
a. Which country has the absolute advantage in producing dates?
Mali
b. Which country has the absolute advantage in producing grain?
None
c. Which country has the competitive advantage in producing dates?
Mali
d. Which country has the comparative advantage in producing grain?
Ireland
Explanation:
Opportunity cost of producing dates:
Ireland = 10 / 5 = 2 tons of grains
Mali = 10 / 25 = 0.4 tons of grains
Opportunity cost of producing grains:
Ireland = 5 / 10 = 0.5 tons of dates
Mali = 25 / 10 = 2.5 tons of dates
Answer: The correct answer is "b. Ace has done nothing to change its CERCLA liability."
Explanation: CERCLA is the Comprehensive Environmental Response, Compensation and Responsibility Act and was designed to promote cleaning, maintenance and protection of the environment against hazardous waste.
Those responsible for releasing dangerous substances are identified to take care of their cleaning through the superfunds, therefore by creating the new corporation and transferring the assets: Ace has done nothing to change its CERCLA liability.
