I am assuming here that you use the example where in the US the workers can produce 200 computers of 100 cars and the French workers can produce 80 of each.
Then the opportunity cost of one computer in France is higher than in the United States -which means that it's lower in the United States (twice as low)
So, France would have a comparative advantage in producing wine and US in producing computers.
Answer: (B) Effective
Explanation:
Greg is an effective supervisor as they supervise or guide all the employees in an organization for the purpose of completing the tasks, meet the actual deadlines and also motivating the employees.
It has the good leadership quality and also recognizing all emotions according to the given task.
According to the given question, the effective supervision taking various types of sharp decisions and also tracking all the tasks for meeting the goals.
Therefore, Option (B) is correct answer.
A policy that seeks to encourage citizens to only by products produced domestically is a policy of "protective tariffs". This policy does not necessarily create economic growth, and can in fact be harmful to economies depending on the time when they are implemented.
Answer:
Current ratio will be overstated
Explanation:
Current ratio measures the short term solvency of a firm. In other words, it measures the ability of the firm to meet its current obligations. It is the ratio of current assets to current liabilities.
A part of long term liability that is to be paid this year is considered current liabilities. If today's fashion continues to report debt due in the current year as long term liability, then current liabilities reported would be lesser than the actual position. As such, current ratio calculated would be higher than what it is actually. So, current ratio will be overstated in this case.
Answer:
it credited to preferred stock
Explanation:
The journal entry for issuance of the preferred stock is as follows:
Cash Dr $1,452,000
To Preferred stock (22,000 shares × $66) $1,452,000
(Being the issuance of the preferred stock is recorded)
Here the cash is debited as it increased the assets and credited the preferred stock as it increased the stockholder equity
Therefore it credited to preferred stock
