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3 years ago

3/7 x (-1/2) • MARKING BRAINLIEST TO THE ANSWER WITH AN EXPLANATION ON HOW U GOT THE ANSWER!

Business

1 answer:

Nuetrik [128]3 years ago

7 0

Answer : The answer of the given expression is $\frac{-3}{14}$

Explanation :

The given expression is: $\frac{3}{7}\times \frac{-1}{2}$

As we know that,

When we are multiplying a fraction by a fraction then multiply numerators and multiply denominators like this:

$\frac{X}{Y}\times \frac{A}{B}=\frac{X\times A}{Y\times B}$

So, the answer of the given expression will be:

$\frac{3}{7}\times \frac{-1}{2}$

By multiplying numerators and multiply denominators, we get:

$\Rightarrow \frac{3\times (-1)}{7\times 2}$

$\Rightarrow \frac{-3}{14}$

Therefore, the answer of the given expression is $\frac{-3}{14}$

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When one country can produce a good more cheaply than another is considered as absolute advantage?

LenaWriter [7]

With the same limitations, absolute advantage enables one company to produce more of this kind of good or service than another.

<h3>What is an example of an absolute advantage?</h3>

Consider California and Mexico as two nations that produce tequila and wine, respectively. Off to the right, a list of the goods that each country can create is presented. As you can see, California has a clear edge in creating both items because it can produce more of everything.

<h3>How is absolute advantage determined?</h3>

Low-cost production enables the achievement of an absolute advantage. In other senses, it describes a person, business, or nation that has cheaper production costs. When (in comparison to rivals): Fewer materials are required to make a product, such an advantage is developed.

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6 0

1 year ago

Firms from __________ had the largest total outstanding stock of direct overseas investment at the beginning of 2014.

OlgaM077 [116]

<span>According to the United States Department of Commerce; U.S. Direct Investment Abroad: Balance of Payments and Direct Investment Position Data report, the United States had the largest total outstanding stock of direct overseas investments at the beginning of 2014.</span>

4 0

4 years ago

Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporatio

lutik1710 [3]

Answer: worksheet

Explanation:

The entries for the consolidation of Lisa and Victoria would be recorded in a worksheet.

Consolidation worksheet refers to the tool that is used in the preparation of the consolidated financial statements of both a parent company and the subsidiaries.

The consolidation worksheet is important as it shows the individual book values for the parents company and the subsidiaries.

8 0

3 years ago

National Bank has several departments that occupy both floors of a two-story building. The departmental accounting system has a

inessss [21]

Answer:

National Bank

a. Allocation of Occupancy costs to Linder and Chiro Departments, using the current allocation method:

Linder's Department Chiro's Department

First-floor square feet 900 1,800

Average occupancy cost $8 $8

Total Occupancy costs $7,200 $14,400

b. Allocation of Occupancy costs to Linder and Chiro Departments, using the relative market values of the floor space:

Linder's Department Chiro's Department

First-floor square feet 900 1,800

Relative market value per square foot $40 $10

Total Occupancy costs:

Depreciation, interest & taxes $36,000 $18,000

Heating, lighting, & maintenance

(Rate = $1.375) $1,237.50 $2,475

Total occupancy costs $37,237.50 $20,475

c. As a manager of a second-floor department I would prefer the second method, where only the heating, lighting, and maintenance costs are based on the average cost and the rest of the occupancy costs are based on the relative market values of the floor space. The reason is that it looks more justified given that the two floors do not have the same market value. Assuming that the two floors command the same market value, then the first method is okay.

Explanation:

a) Data and Calculations:

Depreciation—Building $31,500

Interest—Building mortgage 47,250

Taxes—Building and land 14,000 $92,750

Gas (heating) expense 4,375

Lighting expense 5,250

Maintenance expense 9,625 $19,250

Total occupancy cost $112,000

Total square feet = 14,000

Average occupancy cost based on square feet = $8 ($112,000/14,000)

Building = 7,000 square feet on each floor

Diane Linder's first-floor department = 900 square feet

Juan Chiro's second-floor department = 1,800 square feet

Market rental costs (excluding costs for heating, lighting, and maintenance):

First-floor space = $40 per square foot

Second-floor space = $10 per square foot

3 0

3 years ago

Inventory records for Marvin Company revealed that following :a.Mar 1. Beginning Inventory 1,000 units $7.20b.Mar. 10 Purchase 6

lara31 [8.8K]

Answer:

$5,040

Explanation:

<em>LIFO</em> is better matching with Cost, Sales and Revenue when we have increase in prices. In this example we have been given we can see that the prices are rising as well.

To calculate the Ending Inventory let us first calculate our <em>Cost of Goods Sold (COGS)</em>:

So when we are talking about LIFO the very recent units we have purchased goes into the COGS. So if Marvin Company has sold 2,300 units during the period, we can calculate the COGS of 2,300 units as follows;

<em>Mar 23:</em> 600 x $7.35 = $4,410

<em>Mar 16:</em> 800 x $7.30 = $5,840

<em>Mar 10:</em> 600 x $7.25 = $4,350

Now all of the above accumulate to 2,000 units. But Marvin Company has sold 2,300 units. So we are short of 300 units in order to find the COGS of 2,300 units. For that we are going to take 300 units from our beginning inventory.

<em>Mar 1:</em> 300 x $7.20 = $2,160

Hence,

COGS = $4,410 + $5,840 + $4,350 + $2,160

COGS = $16,760

The remaining 700 units will go into the Ending Inventory and can be calculated as follows:

Ending Inventory = 700 x $7.20

Ending Inventory = $5,040

7 0

4 years ago