Answer:
True
Explanation:
Some countries are known to have people with special skills and competences that may not be available to others.
Hence where a company sees that the skills and competence required may not be adequately available in the local market, the company has the option of hiring employees from outside the country.
This may however be at a cost higher than the cost that would have been incurred if the company had hired the employee from the host country.
Rationing is a common form of distribution in a CENTRALLY PLANNED ECONOMY.
Rationing is another tool used by the government to allocate goods. This tool was implement during World War II. Rationing the price control during WWII helped Americans by easing shortages and guaranteeing that they will enjoy a minimum standard of living.
Answer:
$11,200
Explanation:
The computation of the amount of the total amount of fixed manufacturing cost incurred is shown below:
= Number of units produced and sold × Fixed manufacturing overhead per unit
= 4,000 units × $2.80
= $11,200
By applying the Number of units produced and sold with the Fixed manufacturing overhead per unit we can find out the fixed manufacturing overhead cost
Answer:
Current Yield is 5.74%
Explanation:
Current yield is the ratio of coupon payment of a bond to its current market price. It is calculated by using coupon payment and the current market value of the bond.
Coupon Payment = $1,000 x 5.6% = $56
Current market price = $975
Formula for Current yield is as follow
Current Yield = Annual Coupon Payment / Current Market Price
Current Yield = $56 / $975
Current Yield = 0.0574% = 5.74%
