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Maurinko [17]
2 years ago
14

The material wealth of society is determined by the economy's _________, which is a function of the economy's _________. a. inve

stment bankers; b. financial assets investment bankers; c. real assets productive capacity; d. financial assets productive capacity; e. real assets
Business
1 answer:
Yakvenalex [24]2 years ago
7 0

Answer:

The material wealth of society is determined by the economy's productive capacity, which is a function of the economy's real assets.

Explanation:

Production capacity or <em>productive capacity</em> is the maximum level of activity that can be achieved with a given productive structure. The study of capacity is essential for business management in that it allows analyzing the degree of use made of each of the resources in the organization and thus have the opportunity to improve them.

<em>Real assets</em> are physical assets that have value due to their substance and properties. Real assets include precious metals, raw materials, real estate, agricultural land, machinery and oil. They are appropriate for inclusion in more diversified portfolios due to their relatively low correlation with financial assets such as stocks and bonds.

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Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
lisov135 [29]

Answer:

Explanation:

Number of completed barrels = 216 + (244-216)*60%

= 233 barrels

Cost per barrel = (3245+3230)/233 = 27.8

Cost of oil shipped in pipeline = 216 * 27.8= 6003 millions

Cost of work in process ending inventory = (244-216)*60% * 27.8

= 467.04 million

4 0
3 years ago
You have just won the state lottery and have two choices for collecting your winnings. You can collect $100,000 today or receive
WINSTONCH [101]

Answer:

The present value Option 1 = $100,000

The present value Option 2 =$97.368,57‬

Explanation:

The formula to calculate Present Values is equal to:

Present Value = FV / (1+r) ∧n

Let´s calculate Present Value for Option 2:

PV1 =   $20,000 / (1+0,10) ∧ 1= $18,181.82

PV2 =  $20,000 / (1+0,10) ∧ 2= $16,528.92

PV3 =  $20,000 / (1+0,10) ∧ 3= $15,026.29

PV4 =  $20,000 / (1+0,10) ∧ 4= $13,660.26

PV5 =  $20,000 / (1+0,10) ∧ 5= $12,418.42

PV6 =  $20,000 / (1+0,10) ∧ 6=  $11,289.47

PV7 =  $20,000 / (1+0,10) ∧ 7= $10,263.16

PV1 + PV2 +PV3 +PV4 + PV5 + PV6 + PV7 = $97.368,57‬

3 0
3 years ago
The assets of Prosian Italia, a marble and granite company, amount to $400 million, and its liabilities add up to $180 million.
Kobotan [32]

Answer:

$220 million

Explanation:

According to given information in question:

Assets = $400 million

Liabilities = $180 million

Accounting Equation:

Assets = Equity + Liabilities

$400 million = Equity + $180 million

Equity = $400 million - $180 million

Equity = $220 million

Based on the accounting equation, Prosian Italia's owners' equity is equal to $220 million.

4 0
3 years ago
Which of the following statements about transportation in the United States is NOT true?
yaroslaw [1]

Answer:

The cost of gasoline is higher in the U.S. than anywhere else in the world.

Explanation:

3 0
2 years ago
If merchandise was returned under the periodic inventory method, this will be recorded with a A. debit to Accounts Payable and a
Nonamiya [84]
The answer would be a.
3 0
3 years ago
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