Answer: This is a violation of "B. Historical cost" principle.
Explanation: This principle establishes that assets must be registered at the time of purchase at historical cost.
The historical cost of an asset initially arises from its purchase value. To this value are added all the expenses that were necessary to place it in a position to operate or generate income.
Answer:
a) 1,600
b) 20
C) every 18.25 days
d) 4,800 dollars
Explanation:
<u>Where: </u>
D = annual demand = 32,000 units
S= setup cost = ordering cost = $120
H= Holding Cost = $3.00
EOQ = 1600
orders per year:
32,000 / 1,600 = 20 order per year
days between orders:
365 days per year / 20 order per year = 18.25 days
inventory cost:
average inventory: 1,600 / 2 = 800 units of inventory
800 x $3 holding cost + 20 orders at $120 each
2,400 + 2,400 = 4,800
World City: dominant city in terms of its role in the global political economy. Not the world's biggest city in terms of population or industrial output, but rather centers of strategic control of the world economy.
Explanation:
The financial centre, the stock market and large financial institutions can occur. Trade and economic dominance of a large area. Port city and container processing centres. There is tremendous everyday and strategic decision-making capacity.
The World Economic and business Master will give students in Liberal Arts an interdisciplinary guide to the effects of economic globalization as well as the changes it introduces to the global where the US performs its economic and political ties with another country.
Answer:
The correct answer is letter "B": Holders of future interest own only a reversionary interest.
Explanation:
A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -<em>called the life tenant</em>, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that <em>holders of future own revisionary or remainder interest</em>, and that <em>the estate could be created by agreement from private parties or by law under prescribed scenarios</em>.
Answer:
(D) the principle of comparative advantage does not apply to countries with extremely limited resources.
Explanation:
The statement a, b and c are trues, the cost of opportunity reduced because you have more products available, it reduces the price of different prices and services, the trade makes that the nations depend and work together to improve their benefits, usually the trade doesn't benefits all the citizens because some industries improve their performance an other don't it depends of the market.
All the resources al limited, but the principle of the comparative advantage, says that the countries have to put the resources and efforts in a specific economic activities where they are better that other countries, and there are many products that a country could make
