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arsen [322]
3 years ago
10

Do some research on the country of Ethiopia and discuss:

Business
1 answer:
Ad libitum [116K]3 years ago
8 0

Answer:

Response to Ethiopia questions.

Explanation:

1. Who in the Ethiopian society has the most difficult time dealing with scarcity?

The poor and uneducated ones have the most difficult time dealing with scarcity

2. What do they need most?

They need access to the basic amenities of life (good roads, steady power supply, low cost housing scheme and food).

3. How can their society provide for their wants and needs?

By paying attention to the above mentioned basic amenities of life and by setting up schemes that would mitigate for these deficiencies, the society will be providing for their wants and needs..  

4. Why are they so impoverished?

Impoverishment is a relative word, but in this context, it is associated with poor leadership and management.  

5. What can their governments do to help, or hinder their country's development?

As earlier mentioned, the government needs to guarantee the provision of basic amenities of life and to develop empowerment structure that would engage them the more.  

6. Could Ethiopia become a world-class producer and exporter of goods?

Certainly, with good leadership and an enable environment, Ethiopia could become a world-class producer and exporter of goods.  

7. How would Ethiopia compare with Japan?

Ethiopia is richly endowed with natural resources that could generate income, unlike Japan that has none.  

8. Japan is a country relatively POOR in natural resources, yet it is an economic world powerhouse. What are the differences between the two countries?

The difference is in the system of government and the provision o an enabled working environment that encourages self-discovery and industrialization.  

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On october 1, goodwell company rented warehouse space to a tenant for $2,500 per month and received $12,500 for five months' ren
Nina [5.8K]
Goodwell will recognize 3 months (Oct 1 - Dec 31) of rent revenue earned, and will reduce (debit) the unearned rent revenue for those 3 months.
2,500 x 3 months = 7,500

Journal Entry, Dec 31:
Unearned Rent Revenue: 7,500
           Rent Revenue:                    7,500

The new Unearned Rent Revenue Account balance will be:
12,500 - 7,500 = 5,000

4 0
3 years ago
Which of the following statements best describes the Sherman Act?A. The Sherman Act established the United States Securities and
aleksandr82 [10.1K]

Answer:

B. The Sherman Act allows the US government to regulate activities that restrain competition and trade

Explanation:

The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.

The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.

8 0
3 years ago
In most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed
Jlenok [28]

Answer: disaffirm

Explanation:

most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed contract), the minor may disaffirm the contract.

It should be noted that a contract that is signed by a minor unless in some rare exceptions is normally void and therefore, the minor can disaffirm the contract.

8 0
4 years ago
How does international employement helps in improving economic conditions of the country​
forsale [732]

Explanation:

Country can get lots of foreign currency as the remittance which can be used to establish industries in the country. Such industries provide job opportunities in the country.

People who go overseas to work can learn different skills and technologies which can be beneficial for the development of our own country.

7 0
2 years ago
Here are incomplete financial statements for BLOSSOM, Inc. Calculate the missing amounts
Otrada [13]

Answer:

(A) net income: 20,000

(B) COGS = 55,000

(C) Common Stock = 30,000

Explanation:

(A) with the RE statemtn we sovle for RE

net income = ending RE - beginning RE + dividends

net income = 27,000 - 12,000 + 5,000 = 20,000

(B) With the net income we solve for COGS

COGS= revenues - net income - salaries and wages

COGS = 85,000 - 20,000 - 10,000 = 55,000

(C) now we solve for common stock

liab + equity = total liab and stockholders equity

account payable + common stock + RE = total liab and stockholders equity

5,000 + CS + 27,000 = 62,000

CS = 62,000 - 27,000 - 5,000 = 30,000

5 0
3 years ago
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