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3 years ago

Which area of the world has half of the population living in the bottom 20 percent of global income? psych?

1 answer:

5 0

Africa is the country where about 50% of population lives in the lower extreme that is 20% of global income. That is the reason Africa is considered as poorest region in the world. Many factors may be the reason for this poverty level like extreme climate, social security, underdeveloped economy and lack of industrial setup.

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Use "auto.Dta". The study claims that average price of foreign cars is more than average price of domestic cars. Check validity

Lynna [10]

Answer:

Yes.

Explanation:

Yes, the claim of statement ''The study claims that average price of foreign cars is more than average price of domestic cars.'' is correct because the cars which is imported from foreign countries have high duty on them. This duty tax on these cars make them very expensive while on the other hand, the domestic cars have no duty on it so they are lower in price as compared to foreign cars.

5 0

2 years ago

Selling goods in a foreign country includes non legal considerations for:

Ugo [173]

C. Local customer group's concerns

The other two options are legal considerations of operating in a foreign country. Tariffs are taxes which require payment to comply with law.

6 0

2 years ago

Read 2 more answers

A U.S.-owned car factory in Mexico produces $5 million of cars. $2.5 million of these cars are sold in Mexico and the other $2.5

Dahasolnce [82]

Answer:

The amounted contributed to U.S.GDP is $2 million

Explanation:

First and foremost, the question reiterated that $1 m is due to U.S-owned equipment company and U.S.managers working in Mexico,this is where the key to unlocking the question lies.

On the basis that the money is shared equally between the equipment company and the U.S managers working in Mexico,each group gets $500,000 which is an input for the car manufacturer. However, $2.5m worth of cars are sold to U.S-an output ,deducting the $500000 due to the managers from the output value gives $2m

7 0

2 years ago

The net income reported on the income statement for the current year was $210,000. Depreciation recorded on equipment and a buil

Lana71 [14]

Answer:

Cash flows from operating activities section

Amount in $

Net income 210,000.00

Depreciation 62,500.00

Change in Accounts Receivable -2,400.00

Change in Inventories 13,500.00

Change in Prepaid Expenses -600.00

Change in Accounts Payable 3,800.00

Change in Salaries Payable -750.00

Cash flows from operating activities  286,050.00

Explanation:

The operating activities includes net income, depreciation and changes in current assets and current liabilities. The depreciation as a non-cash item is added back in the cash flows statement.

An increase in current assets represents an outflow of cash hence the negative value and vice versa. The increase in current liabilities represents an inflow of cash hence it is positive and vice versa. Below are the changes.

Amount in $ Amount in $ D ifference

Change in Accounts Receivable 71,000 73,400 (2,400.00)

Change in Inventories 140,000 126,500 13,500.00

Change in Prepaid Expenses 7,800 8,400 (600.00)

Change in Accounts Payable 62,600 66,400 3,800.00

Change in Salaries Payable 9,000 8,250 (750.00)

7 0

3 years ago

Mr. Dealer bought a fleet of SUVs (sport utility vehicles) from General Motors (GM) on credit, GM agreeing not to assign the res

Temka [501]

Answer:

Yes, Dealer could collect damages from GM because basically GM breached the contract. Any time a contract is breached, the non-breaching party can sue. But the real question here is what amount could the court assign to Dealer as compensation for damages incurred. If you want to rephrase this question, it would be: What damages did Dealer suffer due to GM's breach.

If the damages are not significant, then the court will probably assign some amount for nominal damages. To be honest, the greatest expenses here are actually the legal costs of the lawsuit. Unless Dealer can prove that assigning the contract actually hurt them (which I doubt), then the court will assign a small amount. Sometimes nominal damages can be very small and mostly symbolic, e.g. $1.

3 0

2 years ago