The term free trade can be best described as

Transportation has sometimes been described as the glue that holds global supply hain together. What is the meaning of this stat

AnnZ [28]

Answer:

Transportation is the key of supply chain management.

The main focus of this statement is that the supply is the most essential part of being the goods actually delivered and made available for its consumption.

The goods require to be delivered on time and on the specific location for its maximum availability to the consumer to consume at the right time.

This is the main responsibility of the supply chain which is completed through transportation. With this information also plays a vital role, transportation is not possible accurately if the correct information is not available.

Yes I agree to the above statement, reason being that without transportation the consumer can not get the desired product at the right time at the right location.

7 0

3 years ago

Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $80 million to $160 millio

fredd [130]

Answer:

A. There is no change in real output

B. There is a change of $80,000,000 in the real output.

Explanation:

A. With regards to the question, the output being referred to is the gold amount produced in an imaginary situation.

Sales revenue for the first year is $80,000,000 and it doubled to $160,0000 the following year and the next. Since there is 100% increase in the price of gold over same period, it therefore means that the 100% price increase results in 100% increase in sales revenue.

The above simply means that the actual output of gold from the mine remains the same

B. Where the price remains the same in a possible scenario, it would then be that to achieve full increment in sales revenue(100%), then the actual output of Glitter Gulch would also change by the full output(100%).

The change in value would be

= $160,000,000 - $80,000,000

= $80,000,000

3 0

3 years ago

A stock will provide a rate of return of either −18% or 26%. If both possibilities are equally likely, calculate the stock's exp

bagirrra123 [75]

Answer:

The expected return is 4% and the standard deviation is 22%.

Explanation:

Since both outcomes are equally likely, the expected value is the mean of both possible outcomes:

$E(X) = \frac{-0.18+0.26}{2}=0.04 = 4\%$

The standard deviation for this stock is:

$S = \sqrt{0.5*(-0.18-E(X))^2+0.5*(0.26-E(X))^2}\\S = \sqrt{0.5*(-0.18-0.04))^2+0.5*(0.26-0.04)^2}\\S= 0.22 =22\%$

The expected return is 4% and the standard deviation is 22%.

3 0

4 years ago

In the following summary of data for a payroll period, some amounts have been intentionally omitted: Earnings: 1. At regular rat

Art [367]

Answer:

Earnings: 1. At regular rate $460,000 (step 2: Total Earnings minus $80,000)

2. At overtime rate $80,000

3. Total earnings $540,000 (step 1: Social security tax divided by 6%)

Deductions: 4. Social security tax (32,400)

5. Medicare tax (8,100)

6. Income tax withheld (135,000)

7. Medical insurance (18,900)

8. Union dues ($6,750) {step 3: $202,150 minus all other deductions)

9. Total deductions (201,150)

10. Net amount paid $338,850

Accounts debited:

11. Factory Wages 285,000

12. Sales Salaries 135,000 (step 4: $540,000 minus all other Accounts debited)

13. Office Salaries 120,000

7 0

3 years ago

A performance obligation is: A. An enforceable promise in a contract with a customer to transfer a good or service to the custo

Bumek [7]

Answer:

The correct answer is D. A promise in a contract with a customer to transfer a good or service to the customer.

Explanation:

Performance obligations are those that the entity undertakes to carry out in the contract established with a client, performance obligations are related to the deliverables established or agreed upon in a contractual manner.

At the start of the contract, the entity must evaluate the goods or services promised in a contract with a customer and must consider as a performance obligation each commitment to transfer to the customer a good or service (or a group of different goods and services) or a series of different goods or services that are substantially the same and that have the same pattern of transfer to the client.

4 0

3 years ago

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