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suter [353]
4 years ago
6

Question 1 OTU

Business
2 answers:
timurjin [86]4 years ago
7 0

Answer:

B. Company A has a comparative advantage in the production of

rakes

Explanation:

Alchen [17]4 years ago
3 0

Answer:

B. Company A has a comparative advantage in the production of

rakes

Explanation:

Comparative advantage describes the ability of an enterprise to produce a particular product, goods, or services at a lower price in comparison to rivals. It means that the enterprise uses fewer inputs such as labor, capital, or land to produce. A company with a comparative advantage will manufacture more goods with the same quantity of inputs.

Company A produces rakes at $15 while company B produces at $17.  Company A, therefore, has a comparative advantage over company B in the production of rakes. It means company A use fewer resources rakes than company B. Company A can sell rakes at a lower price than company B.

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Assume you are the CEO of Black Diamond, a global organization. You need to assemble members for new project team that is based
Andreyy89

Answer:

culturally similar

Explanation:

In this case, you might seek to put people on the project who are from a culturally similar country. These types of countries share the same cultural backgrounds and therefore individual's from these countries usually have the same beliefs, ideas, habits, etc. This similarity allows these individuals to easily bond and work together easily. Ultimately, this would be the best option for a group project since it will drastically increase efficiency if the members are able to work together more fluently.

8 0
3 years ago
Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income​ statement:
DerKrebs [107]

Answer:

$41,900

Explanation:

Net income. $58,000

Non-Monetary terms

Gain on sale of plants ($6,000)

Depreciation expense. $13,000

Changes in working capital:

Current assets increase. ($22,000)

Current liabilities decrease ($1,100)

Net cash provided by (used for) operating activities is $41,900

6 0
4 years ago
Which situation best describes an oligopoly?
kvasek [131]
D - a large airlines work together to set high prices and eliminate
7 0
3 years ago
You have 2500 square feet for selling space. You want to reserve at least 125 square feet for each product category you will car
stira [4]

You first need to find out how much usable floor space you will have.

You have 2500 feet of total space, but 30% of the space is unusable because the aisle. So you would multiply 2500 X 70%

Then you would need to figure out how many categories you can have so you would take the number of usable feet you just calculated divided by 125 (the amount of square feet each product category requires.)

5 0
4 years ago
Pina Colada Furniture factors $670000 of receivables to Sheffield Factors, Inc. Sheffield Factors assesses a 2% service charge o
Reika [66]

Answer and Explanation:

The journal entry is shown below;

Cash $656,600

Factoring charges (2% of $670,000)  $13,400

            To Trade Receivables $670,000

(Being recording these receivables)

Here cash and factory charges is debited as it increased the assets and expense while the trade receivable is credited as decreased the assets

3 0
3 years ago
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