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3 years ago

Write an essay about unemployment/retrenchment and globalisation

1 answer:

galina1969 [7]3 years ago

8 0

I can help you write your essay.

Unemployment

- define unemployment

- What results because of unemployment

- why does unemployment happen?

- when does unemployment happen?

- Who are the most unemployed people? Why?

- research information about unemployment

retrenchment

- define retrenchment

- what causes retrenchment to happen?

- How does retrenchment affect society

Globalisation

- define globalisation

- What happens during globalisation?

- Is globalisation a good or bad things? What does it impact?

Please vote my answer branliest! Thanks.

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Consider the following hypothetical transactions of the Balance of Payments of Country A: 1. Country A's firms export to Country

serious [3.7K]

Answer:

The net contribution to the Current Account Balance of Country A is $50

Explanation:

The credit entries include those entries which bring the money into the economy whereas the debit entries are those entries in which the expenses are more incurred or we can say more outflow of cash is there.

The debit and credit entries are shown below:

Debit entries:

1. Country A's firms import from Country C $500 worth of steel

2. Country A's residents buy Country C's government bonds for $1000

3. Country A's residents pay $100 in dividends on Country C's investments in Country A

Credit entries:

1. Country A's firms export to Country B $100 worth of grain

2. Country A's workers resident in Country B receive $500 in wages

3. Country A's residents receive $50 in interest from Country C's bonds they owned

4. Country A's central bank acquires $1000 worth of Country C's currency

Now the net contribution of the current account balance would be

= Total credit balance - total debit balance

= $100 + $500 + 50 + $1,000 - $500 - $1,000 - $100

= $50

The negative amount represents debit balance whereas the positive amount reflect a credit balance

5 0

3 years ago

The ability to meet short-term obligations and to efficiently generate revenues is called:________.

Dafna1 [17]

The ability to meet short-term obligations and efficiently generate revenues is called Liquidity.

Liquidity is the ease or speed with which money can be raised to meet short-term financial responsibilities such as paying bills. Stocks and bonds, as well as other easily tradable assets, are regarded as liquid assets.

A company's liquidity can be determined by how well it can meet its short-term obligations, particularly those that are due in less than a year. What the business owes in comparison to what it owns is typically represented as a ratio or percentage. You can gain insight into the company's financial situation by using these metrics.

The liquidity status of a business is primarily affected by two factors. The first factor is its capacity to transform assets into cash to cover its present liabilities (short-term liquidity). Its debt-carrying capability is the second.

To learn more about Liquidity refer to:

brainly.com/question/13646882

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5 0

1 year ago

Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies m

zmey [24]

Answer:

1. Overhead over applied= $521,000

2. Factory Overhead Dr. $ 521,000

Cost Of Goods Sold Cr. $ 521,000

3. Work in Process, (ratio) $521,000 * 7%= 36,470

Finished Goods, $521,000 * 19%= 98,990

Cost of Goods Sold $521,000 * 74%= 385,540

Total $521,000 100%

4. Difference between the two CGS= $ 136,060

Explanation:

Predetermined Overhead Costs $1,152,000

Estimated activity level of 72,000 machine-hours

Overhead rate= $ 1152,000/ 72,000= $ 16 per hour

Manufacturing overhead cost $551,000

Actual hours = 67,000

Overhead applied to WIP = 67,000 * 16= $ 1072,000

Overhead over applied= $ 1072,000 - $551000= $521,000

Part 2:

Factory Overhead Dr. $ 521,000

Cost Of Goods Sold Cr. $ 521,000

The Cost of Goods Sold is credited and Factory overhead is debited.

Part 3:

Suppose the overhead is applied in the following ratio

Work in Process, (ratio) $37,520 7% (37520/536,00*100%)

Finished Goods, $101,840 19% (101840/536,00*100%)

Cost of Goods Sold $396, 640 74% (396,640/536,00*100%)

Total $536,000 100%

The overhead over applied would be allocated in the following way applying the same ratio as determined above.

Work in Process, (ratio) $521,000 * 7%= 36,470

Finished Goods, $521,000 * 19%= 98,990

Cost of Goods Sold $521,000 * 74%= 385,540

Total $521,000 100%

Part 4:

Cost of Goods Sold ( overhead applied of $396, 640) $1,472,600

Less Overhead overapplied $ 521,000

CGS = $ 951,000

Cost of Goods Sold (overhead applied to WIP & FG) $1,472,600

Less Overapplied Overhead $ 385,540

CGS= $ 1087,060

Difference between the two CGS = $ 1087,060- $ 951,000= $ 136,060

5 0

3 years ago

Which statement(s) is (are) TRUE? I. Technological knowledge refers to the physical capital that is used to make goods and servi

uranmaximum [27]

Answer:

Option 2 is only correct.

Explanation:

The reason is that the physical capital is the physical assets used for production of goods and services whereas the Technological knowledge refers to the knowledge of increasing the productivity by utilizing physical capital. So these two statements were incorrect.

The second statement is correct because the better tools or technology we have the better we can produce. This means these technological tools helps workers to produce more so the statement is correct.

3 0

3 years ago

In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $37,000 and ending

Alborosie

Answer:

total cost to be accounted = $297000

Explanation:

given data

beginning work in process inventory = $37,000

ending work in process inventory = $43,000

costs added to production = $260,000

cost of units transferred out = $254,000

solution

we get here total cost to be accounted that is express as

total cost to be accounted = ending work in process inventory + cost of units transferred out ......................1

put here value and we will get

total cost to be accounted = $43,000 + $254,000

total cost to be accounted = $297000

3 0

3 years ago