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timofeeve [1]
3 years ago
7

In Rovamia, a developing country, companies often had to compromise on quality and cost earlier to make their products affordabl

e to consumers. However, with the increase in per capita income of the country, companies can now maintain the quality of their products without lowering price. Identify a factor that best describes the reason for this shift in Rovamia.
Business
1 answer:
Serggg [28]3 years ago
6 0

Answer:

economic growth

Explanation:

Here are the options

Ethical growth

Cultural evolution

Political clash

Economic growth

Economic growth can be described as the rise in the real gross domestic product of an economy overtime. It is the increase in the wealth of a nation overtime.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

Per capita income = real GDP / population

per capita GDP measures the standard of living of people in a country. The higher the per capita income, the higher GDP is and the higher the standard of living is.

If per capita income of Rovamia increases, it means that the gross domestic product has also increased and economic growth has occurred.

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Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock. The board of directors o
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Answer:

The amount of dividends paid to common stockholders in 2021 $18000.

Explanation:

The cumulative preferred stock is the stock that accumulates dividends when the dividends are partially or not paid at all in a certain year. The dividends must be paid in the future.

The common stock holders are paid after the preferred stockholders are paid.

The preferred stock dividend per year = 400000 * 0.06 = $24000 per year

As the cash dividends paid in 2019 and 2020 are $20000 each,

The dividend outstanding on preferred stocks for 2019 is = 24000 - 20000 = $4000

Similarly, the dividends outstanding on preferred stocks for 2020 is = 24000 - 20000 = $4000

The total dividends outstanding at start of 2021 = 4000 + 4000 = $8000

Preferred dividend for 2021 = 24000

Total dividend on preferred stock = 24000 + 8000 = $32000

The amount of dividends that common stock holders will receive in 2021 = 50000 - 32000 = $18000

4 0
3 years ago
The employment statistics computed from the establishment survey do NOT include: a. workers with two jobs. b. those who are self
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The employment statistics computed from the establishment survey do not include those who are self-employed. Thus option (B) is correct.

<h3>What is self employment?</h3>

Self Employment refers to the activity in which the individual carries out all the business activities by himself and he is the owner of the business. He operates the business for earning profits.

Self-employed people are not included in the employment data derived from the establishment survey. Therefore, The correct option is (B).

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5 0
2 years ago
In the following situation, imagine you are a waiter at a restaurant. See if you can put this list of tasks in
MArishka [77]

Answer:

1. Answer a customer's question

2.Take someone's order

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5 0
3 years ago
If the residual value of a leased asset turns out to be more than the amount guaranteed by the lessee, the:
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Answer:

D. Lessor is not obligated to compensate the lessee for the excess.

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A lease agreement is a contract that allows for the use of an asset but does not convey ownership rights of the asset. It is a contract that exist between a lessor and a lessee that allows the lessee rights to the use of a property owned or managed by the lessor for a period of time.

If the residual value of a leased asset turns out to be more than the amount guaranteed by the lessee, the: Lessor is not obligated to compensate the lessee for the excess. because the lessee is  responsible for the condition of the property during the lease period.

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3 years ago
Explain why entertainers and athletes can charge so much for their events.
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