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4 years ago

The new trade theory stresses that countries should have favorable factor endowments to excel in the production of a good.

1 answer:

5 0

False. The new trade theory stresses that countries should have favorable factor endowments to excel in the production of a good. The New Trade Theory talks about companies focusing on certain products more in-depth since the world market only supports a limited number of firms. Since they can only back a few per product, if companies were to focus on a smaller amount of products they can specialize in them and create a better backing from the world market.

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Grace Co. had a Chinese yuan payable resulting from imports from China and a Mexican peso receivable resulting from exports to M

bogdanovich [222]

Answer:

Possible options:

A. Yuan increase, Peso increase

B. Yuan increase, Peso decrease

C. Yuan decrease, Peso increase

D. Yuan decrease, Peso decrease

Answer is B

Explanation:

8 0

3 years ago

Pharoah Construction enters into a contract with a customer to build a warehouse for $870000 on March 30, 2021 with a performanc

gogolik [260]

Answer:

$915,000

Explanation:

The computation of the transaction price based on the expected value approach is presented below:

The formula is

= (Building cost of warehouse + bonus) × probability percentage

Date Calculation Amount

July 31, 2021 ($870,000+$50,000) × 0.65 $598,000

August 7, 2021 ($870,000+$40,000) × 0.25 $227,500

August 14, 2021 ($870,000+$30,000) × 0.05 $45,000

August 21, 2021 ($870,000+$20,000) × 0.05 $44,500

Total $915,000

Since the bonus is reduced $10,000 each week so $10,000 is subtracted for every delayed week

3 0

3 years ago

The direct materials budget is prepared using information from the ________ budget.

xeze [42]

Answer: Production budget

Explanation:

The production budget is basically permit the organization for tracking the cost and all the production details that is required for the inventory necessary requirement of an organization.

The production budget is also known as the financial plan of the company for estimating the overall production budget by proper scheduling.

The one of the main factor of the production budget is the sales target as it basically calculated the total number of products that are manufactured in an organization.

Therefore, Production budget is the correct answer.

7 0

4 years ago

Taco Hut purchased equipment on May 1, 2018, for $15,000. Residual value at the end of an estimated 8-year service life is expec

Ugo [173]

Answer:

2018: 8 months

Depreciation= $916,67

2019: full year

Depreciation= $1375

Explanation:

Giving the following information:

Taco Hut purchased equipment on May 1, 2018.

Price: $15,000.

Residual value: $4,000

Useful life: 8 year

We need to calculate the depreciation for 2018 and 2019 using straight-line method:

Depreciation= (purchase price- residual value)/useful life

Depreciation= (15000-4000)/8= $1375

2018: 8 months

Depreciation=(1375/12)*8= 916,67

2019: full year

Depreciation= $1375

7 0

3 years ago

An e-commerce company spends a lot of money on product replacement, as customers often complain about the products they receive.

White raven [17]

Answer:

Product quality guarantee

Explanation:

The aim of total quality management (TQM) is to offer good quality products by reducing or eliminating errors in the products. TQM holds every person involved in the production process accountable for ensuring product quality.

By adopting TQM, e-commerce company will be able to reduce replacement cost as it helps in improving manufacturing processes, thereby improving customer satisfaction.

7 0

3 years ago