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Digiron [165]
3 years ago
15

Suppose that Canada can produce 100,000 hockey sticks or 10,000 gallons of maple syrup in a typical workweek, while Germany can

produce 90,000 hockey sticks or 10,000 gallons of maple syrup in a typical workweek. From these numbers, we can conclude:
A. Canada has a comparative advantage in the production of hockey sticks.
B. Germany has a comparative advantage in the production of hockey sticks.
C. Canada has an absolute advantage in the production of maple syrup.
D. Germany has an absolute advantage in the production of maple syrup.
Business
1 answer:
Lynna [10]3 years ago
6 0

Answer:

A. Canada has a comparative advantage in the production of hockey sticks.

Explanation:

The computation is shown below:

For Canada

The Opportunity cost of Hockey is

= 10000 ÷ 100000

= 0.1 gallons of maple syrup

For Germany

The Opportunity cost of Hockey is

= 10000 ÷ 90000

= 0.11 gallons of maple syrup

So based on this, the option A is correct

And, the same is to be considered

Therefore all the other options would be wrong

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Answer:

$3,208

Explanation:

The computation of the future value is shown below;

As we know that

Future valie = Present value × (1 + rate of interest)^number of years

where

Present value is $2,500

Rate of interest = 2.5% ÷ 4 = 0.625%

And, the time period is = 10  × 4 = 40

So, the future value is

= $2,500 × (1 + 0.625%)^40

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3 years ago
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Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) N
Margaret [11]

Answer:

Note   Contract Date   Principal   Interest Rate   Period of Note (Term)

1              March 7            $12,000           5 %                    60 days

2.             May 21             $18,000           7%                      90 days

3.            October 26      $ 14,000           4%                     45 days

1. Maturity date = 6 May

Interest expenses = $12,000*5%*60/360

Interest expenses = $100

2. Maturity date = 19 August

Interest expenses = $18,000*7%*90/360

Interest expenses = $315

3. Maturity date = 10 December

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7 0
2 years ago
Lucia Ltd. reported net income of $135,000 for the year ended December 31, 2016. January 1 balances in accounts receivable and a
tester [92]

Answer:

Lucia's cash flows from operating activities would be:

$132,000.

Explanation:

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Accounts Payable    End: $24,000  Beginning: $26,000 = -$2,000  

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To calculate the total cash flow from operating activities it's necessary to deduct of the Net Income the variance of these accounts which indicates a negative variance during the year, -$2,000 on accounts payable because the company paid more bills these year than before, and -$1,000 because the company expand their credit line to customers.

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