Answer:
Portugal has comparative advantage in producing olives.
Switzerland has comparative advantage in producing fish.
Portugal can gain from trade if it receives more than 3 pounds of fish per crate of olives.
Switzerland can gain from trade if it receives more than 1/11 of olives for each pound of fish.
d. 18 pounds of fish per crate of olives.
Explanation:
Switzerland and Portugal both countries can produce Olives and fish. One country has advantage in producing fish while other has advantage in producing olives. Both countries can gain from trade if they find a intermediary way so that both countries can be in win win situation. It is beneficial for Portugal if it trades with Switzerland if it receives more than 3 pounds of fish.
Answer:$27.78
Explanation:
Expected value of debt after one year = (40* .60)+(15*.40)
= 24 + 6
=$ 30
Current value of debt = Value at 1year / (1+r)^n
= 30/ (1+.08)^1
= 30 / 1.08
=$ 27.78
Answer:
C. Payback is 10 years
Explanation:
Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the $218,000 investment given the stated cash-flows.
Year Cash-flow Balance
0 (218,000.00) (218,000.00)
1 32,000.00 (186,000.00)
2 18,000.00 (168,000.00)
3 21,000.00 (147,000.00)
4 21,000.00 (126,000.00)
5 21,000.00 (105,000.00)
6 21,000.00 (84,000.00)
7 21,000.00 (63,000.00)
8 21,000.00 (42,000.00)
9 21,000.00 (21,000.00)
10 21,000.00 -
11 21,000.00 21,000.00
12 21,000.00 42,000.00
By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years
Answer:
Department Y $9000
Department Z $5000
Explanation:
Delivery expense can be calculated using the allocation and apportionment method for Y and Z.
<u>Step 1. Allocation</u>
The costs that are directly attributable to the departments would be allocated to its relevant department. Here, $1500 are the direct expenses for the deliveries for the department Y, so at the first step,
Department Y Cost = $1500
For the department Z, their are no direct expenses for the deliveries,so at the first step,
Department Z Cost = $0
<u>Step 1. Apportionment</u>
The indirect cost of $12500 ($14000 - $1500) would be apportioned among department Y and Z.
So
Department Y = $1500 + $12500 x 60% = $9000
Department Z = $12500 x 40% = $5000
Answer:
456
Explanation:
Taking the number of pages Chandra reads as x; we formulate an equation:
In the equation below, 30 represents time taken by Chandra, 45 represents time taken by Bob and 760 is the number of pages in the novel.
Solving for x:
30x = 45(760-x) ;
30x = 34,200 - 45x
30x + 45x = 34,200
75x = 34,200
x = 34,200/ 75
x= 456
Therefore Chandra will need to read up to the 456 page.
