Unity of Direction states that a particular team of employees with the same goals as well as the same objectives need to work together to achieve those common goals for the success of the company. It has facilitated several organizations in achieving the objectives of firms that they want to have in the industry.
If Ballard company reported assets of $500 and liabilities of $200, Ballard's stockholders' equity equals <u>$300</u>.
Liability is a time period in accounting that is used to explain any type of monetary duty that a commercial enterprise has to pay at the cease of an accounting period to someone or a commercial enterprise. Liabilities are settled with the aid of shifting economic blessings which include cash, items, or services.
Liabilities are any money owed to your enterprise, whether or not it's financial institution loans, mortgages, unpaid bills, IOUs, or some other amount of money that you owe someone else. if you've promised to pay a person an amount of cash within the future and have not paid them but, that is a liability.
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Answer:
There is no basis for trade, as both country has the same opportunity cost. It will not produce benefit from trade
Explanation:
We will check if there is a comparative advantage between country's to know if there is benefit from trade:
<u></u>
<u>Country A</u>
olives opportunity cost:
25/50 = 1/2 = 0.50
Do an olive means renounce to half-unit of pickles
pickes opportunity cost:
50/25 = 2
Do a pickle cost 2 olives for country A
<u>Country B</u>
olives opportunity cost:
65/130 = 1/2 = 0.5
Do an olive means renounce to half-unit of pickles
pickles:
130/65 = 2
each pickle is produce at the expense of 2 olives
