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3 years ago

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?

Business

1 answer:

sergey [27]3 years ago

3 0

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

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3 years ago

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On January 1, 20X8, Polo Corporation acquired 75 percent of Stallion Company's voting common stock for $300,000. At the time of

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Answer:

Polo will report $318,750 as its investment in Stallion at December 31, 20X8

Explanation:

Common stock = $300,000 acquired at 75%

Net income = $40,000

Pay dividends = $10,000

Increase in value of Patent = $50,000

Economic Life = 10

Amortization = $5,000

Therefore, the $ 5000 would be reduced from the net income.

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3 years ago

A company uses a process cost accounting system. Its Sewing Department's beginning inventory consisted of 50,000 units (1/4 comp

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Answer:

B Direct Materials 210,000; Conversion Cost 180,000

Explanation:

beginning inventory 50,000

start and finished 120,000

Complete and trasnferred-out 170,000

Convesion Cost:

Coplete and transferred-out 170,000

Ending Inventory 40,000 x 1/4 = 10,000

CC equivalent units 180,000

DIrect Materials

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Ending Inventory 40,000x100% = 40,000

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<u>Under W-A method we justdiscriminate on transferred-out and ending work in process.</u>

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3 years ago

Kingbird, Inc. has the following information available for accruals for the year ended December 31, 2019. The company adjusts it

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Answer:

a-Dec-31. Dr Utility expense 485

Cr Utility bills payable 485

b-Jan-11. Dr Utility bills payable 485

Cr Cash 485

c-Dec-31. Dr Salary expense 3990

Cr Salary payable 3990

d-Dec-31. Dr bank 51600

Cr Loan payable 51600

e-Dec-31 Dr Interest expense 215

Cr interest payable 215

f-Dec-31 Dr Account receivable 340

Cr Service revenue account 340

g-Dec-31. Dr Cash 6840

Cr Advance Rent 6840

Explanation:

a-Utility expense incurred for the m/o Dec will be paid in Jan.

c- Salaries of 3990 will be paid on Jan of 4 days.

e-Interest expense for the m/o Dec will be (51600*5%=2580/12=215.

f-The service fee is receivable which will be paid on Jan.

g- Advance rent is received from client.

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2 years ago

Over the years, Hampton Industries' stockholders have provided $40,000,000 of capital when they purchased new issues of stock an

11Alexandr11 [23.1K]

Answer:

Hampton Industries

Hampton's Market value added (MVA) is:

= $12,000,000

Explanation:

a) Data and Calculations:

Stockholders' Equity = $40,000,000

Common stock outstanding = 1,000,000

Market price per share = $52

Market capitalization = $52,000,000 ($52 * 1,000,000)

Market value added (MVA) = $12,000,000 ($52,000,000 - $40,000,000)

b) The market value added (MVA) is the difference between the market capitalization of Hampton's stock and the capital contribution of stockholders.

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2 years ago

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?