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Ivanshal [37]
4 years ago
7

True or false: if country b has an absolute advantage over country a in producing bicycles, it must also have a comparative adva

ntage over country a i
Business
1 answer:
erastova [34]4 years ago
3 0
<span>This statement is false. An absolute advantage is the countries ability to carry out a certain economically advantageous activity better than another country or group while a comparative advantage is the ability to carry out an economic activity better and more efficiently than another activity.</span>
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Lara Technologies is considering a total cash outlay of $250,000 for the purchase of land, which it could lease for $35,000 per
MrRissso [65]

Answer:

$30,000

Explanation:

Lara Technologies could invest the 250,000 in exchange of a 12% return, therefore, the opportunity cost would be:

$250,000 x 12% = $30,000

$30,000 dollars in returns is what Lara Technologies would give up if it purchased the land instead of investing the money.

6 0
4 years ago
The Boot Department at the Omaha Department Store is being considered for closure. The following information relates to boot act
kykrilka [37]

Answer:

Yes, Omaha department store would be better off by $23000.

Explanation:

Given: Sales revenue= $350000.

           Cost of goods sold= $280000.

           Sales commission= $30000.

           Fixed operating cost= $90000.

Now, computing net profit or (loss)

Net profit/loss= \textrm{sales revenue - cost of goods sold- sales\ commission - Avoidable fixed\ operating\ costs}

∴ Net profit/loss= 350000-280000-30000-(90000\times 70\%)

⇒ Net profit/loss= 40000-(63000)= (\$ 23000)

∴ Net loss= \$ 23000

∴ Yes boot department should be closed, as Omaha department store is better off by $23000.

7 0
4 years ago
6. Norris Enterprises, an all-equity firm, has a beta of 2.0. The chief financial officer is evaluating a project with an expect
Aleksandr [31]

Answer:

D: The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than average project to 3% over rs, then it should reject the project

Explanation:

Please refer the complete question:

Which of the following statements is correct?

a. The project should definitely be accepted because its expected return (before any risk adjustments) is greater than its required return.

b. The project should definitely be rejected because its expected return (before risk adjustment) is less than its required return.

c. Riskier-than-average projects should have their expected returns increased to reflect their higher risk. Clearly, this would make the project acceptable regardless of the amount of the adjustment.

d. The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.

e. Capital budgeting projects should be evaluated solely on the basis of their total risk. Thus, insufficient information has been provided to make the accept/reject decision.

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Customer-managed relationship (CMR) was practised in the company as an extension of customer relationship management. In order for the customers to have the ability in acquiring information with regards to ordering products from a specific company online, corporations uses this methodology for the matter.
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How can we cancel our membership with out getting billed ?
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