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Sholpan [36]
3 years ago
12

Which of the following is an example of comparative advantage​? A. Michael Jordan is an American basketball player. B. The Unite

d States produces less textile products and more electronic products. C. Angela makes better pastries than Sherrie. D. Dave makes 4 pizzas giving up 6 jars of milk shakes while Rob makes 2 pizzas giving up 4 jars of milk shakes. Which of the following is an example of absolute advantage​? A. Nick has an advantage over others in the industry because he knows many software programs. B. Tom does his math homework in 2 hours while Harry takes only 30 minutes to do the same task. C. Charlie enjoys skiing while Ryan enjoys hiking. D. Amy is smart and performs well in exams.
Business
1 answer:
Margarita [4]3 years ago
8 0
Comparative: D.

Absolute: B.

Explanation:

Comparative is about opportunity cost whilst absolute is about the quantity productivity efficiency
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Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectivel
hjlf

Answer:

$48,800

Explanation:

Ratio = 2:3

Total investment:

= Benson capital + Orton capital + Ramsey capital

= $60,000 + $40,000 + $20,000

= $120,000

Total Equity of Ramsey:

= 40% of  Total investment

= 0.4 × $120,000

= $48,000

Old partners contribution:

= Equity of Ramsey - Ramsey capital

= $48,000 - $20,000

= $28,000

Benson’s capital balance after admitting Ramsey:

= Benson’s capital - Old partners contribution(2 ÷ 5)

= $60,000 - [$28,000 × (2 ÷ 5)]

= $60,000 - $11,200

= $48,800

6 0
2 years ago
Find the amount of money in a savings account after 5 years if you deposit $400 at 1.5% interest compounded
zimovet [89]

Answer:

3.5%

Explanation:

it maks sence, duh.

7 0
2 years ago
2.A company began 2019 with retained earnings of $23.45 million. During the year, it paid four quarterly dividends of 0.25 per s
Naily [24]

Answer: $23.63 million

Explanation:

First and foremost, we can calculate the quarterly common stockholder dividend which will be:

= $0.25 × 1 Million

= $0.25 million

Then, the annual dividend to the common stockholders will be:

= $0.25 million × 4

= $1 million

The quarterly preferred stockholder dividend will be calculated as:

= $0.50 × 0.50 Million

= $0.25 million

We would then multiply $0.25 million by 4 to get the annual dividend attributable to the preferred stockholders which will be:

= $0.25 million × 4

= $1 Million

Total Dividend would then be:

= Annual dividend to common stockholders + Annual dividend to preferred stockholder

= $1 Million + $1 Million

= $2 Million

The value of the retained earnings balance at the end of the year will then be:

= Retained Earnings at the beginning of the year + Net Income – Dividend

= $23.45 + $2.18 - $2.00

= $23.63 million

3 0
3 years ago
A company has employed two workers A and B whose productivities are 20units and 15units respectively. The wage for A is k12 whil
Leni [432]

Answer:

no

Explanation:

In order to achieve optimal employment level, the ratio of productivity between employees must be equal to the ratio between their wages, e.g. an employee who is 25% more productive, should earn 25% more.

In this case, the productive ratio is 15:20 or 3:4, while the wage ratio is 8:12 or 2:3. Since the wage ratio is lower than the productivity ratio (2:3 < 3:4), the two employees are not optimally employed.

3 0
3 years ago
Assets Current assets $38,000,000 Net plant, property, and equipment $101,000,000 Total assets $139,000,000 Liabilities and Equi
Reil [10]

Answer:

9.73%

Explanation:

the market value of equity = 10,000,000 stocks x $15 = $150,000,000

the market value of debt = 40,000 bonds x $1,150 = $46,000,000

total = $196,000,000

weight of equity = 0.7653

weight of debt = 0.2347

Re = 3.5% + [1.35 x (0.115 - 0.055)] = 0.035 + 0.081 = 0.116

cost of debt = ytm = {36.25 + [(1,000 - 1,150)/40]} /  [(1,000 + 1,150)/2] = (36.25 - 3.75) / 1,075 = 32.50 / 1,075 = 0.03023 x 2 = 0.0605

after tax cost of debt = 0.0605 x (1 - 40%) = 0.0363

WACC = (0.116 x 0.7653) + (0.0363 x 0.2347) = 0.09729 = 9.73%

3 0
3 years ago
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