Answer:
Average rate = $1.55
Explanation:
Normally all companies use the current rates for the transaction, revenue department and profit loss, but it is not fair to use the same current rate on different dates.
Therefore, businesses usually use average exchange rates to overcome these kinds of shortcomings.
Therefore in this example, it would be appropriate to use the average exchange rates by the parent company to find the income of the subsidiary.
Answer: Option C
Explanation: In simple words, land refers to the place where the core operations of the business have to happen initially such as manufacturing, administration etc.
Capital refers to the resources that are invested by owners with the objective of operating business. And labor refers to the man force employed in business for operations.
Hence fishing territory is a land as it is not invested by any owner and without any employment of workforce it does not have any utility.
Gross investment can be zero but never negative because it is the investment in the capital stock.
<u>Explanation:</u>
Gross investment in a country is the amount that has been spent by the economy on the fixed assets of the economy in a given period of time. It is the addition done to the total capital stock of the country in a particular period of time.
So this shows that it can be zero meaning that no amount is spent on the addition of the capital stock in a particular period of time but it can never be negative.
You can make the widgets your factory is capable of manufacturing, but if you cannot get anything in exchange for your widgets, then you production is rising while productivity is falling. That is, the productivity isn't gaining anything useful.
Another thing that could happen is that more labor is employed (so production increases), but productivity may not increase because the average number widgets produced has decreased.
Normally the problem is not making something. Usually the problem is selling it.
Answer: An intermediary that deals exclusively with the selling, stocking, and delivery of raw materials used by manufacturers in the production of its products.
Explanation:
An industrial distributor is an individual/organization that has the function of purchasing raw materials and selling these raw materials to industries that produce goods with those specific raw materials. The industrial distributors do not have any supply duty to consumers/retailers.
