Answer:
The correct answer is letter "C": Over time, the United States switches from being an exporter of a product to an importer of the product.
Explanation:
The life-cycle theory proposes that the United States boosted worldwide economic trade exporting their products. At first, the products were delivered to other world developed countries. Over time, those developed countries started to study American products to become manufacturers. This implies competition so to spend fewer costs, the developed countries took their operations to developing nations.
After some time, it is believed that those developing countries are likely to become manufacturers as well at even cheaper costs provoking that the United States begin to import products from the developing nations.
Answer:
Expected loss without insurance = $850
Explanation:
Given:
Probability to got injured or killed = 1 / 1000
Law suit average cost = $850,000
Deductible insurance = $100,000
Expected loss without insurance = ?
Computation of Expected loss without insurance:
Expected loss without insurance = Lawsuit average cost × Probability to get injured or killed
Expected loss without insurance = $850,000 × (1 / 1000)
Expected loss without insurance = $850
The answer would be 7152. maybe hope it helps
Answer:
C. Expenditures
Explanation:
Based on the information provided within the question it can be said that the Parks Department should use an expenditures account to record these billings. Expenditures refers to the action of spending funds to purchase goods or services on behalf of the company. Such purchases can include vehicle rentals like what was billed for the Parks Department.
In the context of business management, the purpose of budgeting includes the following three aspects:
•A forecast of income and expenditure (and thereby profitability)
•A tool for decision making
•A means to monitor business performance
