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Alexandra [31]
3 years ago
7

How does the Ricardian model differ from the H-O theory in explaining international trade patterns among nations.

Business
1 answer:
svetlana [45]3 years ago
5 0

Answer:For example, the Ricardian model of trade, which incorporates differences in technologies between countries, concludes that everyone benefits from trade, whereas the Heckscher-Ohlin model, which incorporates endowment differences, concludes that there will be winners and losers from trade.

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Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lak
prohojiy [21]

Answer:

public

Explanation:

A public good is a good that is non excludable and non rivalrous.

An individual's access to the pool does not limit another person's access

Also, the pool is free, so it is non excludable

Before his death, the pool was a private good

A private good is a good that is excludable and rivalrous.

3 0
3 years ago
During the month of July, the company had the following activities: Issued 4,500 shares of common stock for $450,000 cash. Borro
stellarik [79]

Answer:

<u>classified balance sheet at July 31.</u>

Assets

Non-Current Assets

Building                                                                                  $201,500

Equipment                                                                             $247,000

Total Non-Current Assets                                                    $448,500

Current Assets

Supplies                                                                                  $10,600

Cash ($450,000 + $38,500 - $53,500 - $247,000)          $188,000

Total Current Assets                                                            $198,600

Total Assets                                                                          $647,100

Equity and Liabilities

<u>Equity</u>

Common Stock                                                                   $450,000

Total Equity                                                                         $450,000

<u>Liabilities</u>

<u>Current Liabilities</u>

Account Payable                                                                   $10,600

Total Non Current Liabilities                                                $10,600

<u>Non-Current Liabilities</u>

Note Payable ($38,500 + $148,000)                                 $186,500

Total Non Current Liabilities                                              $186,500

Total Liabilities                                                                     $197,100

Total Equity and Liabilities                                                 $647,100

Explanation:

A Balance Sheet is a Financial Statement report that shows the Assets, Liability and Equity balances as at the end of the Reporting period.

7 0
3 years ago
Rottino Company purchased a new machine on October 1, 2020, at a cost of $150,000. The company estimated that the machine will h
Amanda [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Purchasing cost= $150,000.

The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life.

1) Straight-line:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (150,000 - 12,000)/5= 27,600

<u>2020:</u>

Annual depreciation= (27,600/365)*92 days= $6,956.71

2) Units of activity:

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Annual depreciation= [(150,000 - 12,000)/10,000]*1.700= $23,460

3) Double-declining balance:

Annual depreciation= 2*[(book value)/estimated life (years)]

Annual depreciation= 2*27,600= 55,200

<u>2020:</u>

Annual depreciation= 55,200/365*92= 13,913.42

<u>2021:</u>

Annual depreciation= [138,000 - 13,913.42)/5]*2= 49,634.63

5 0
3 years ago
Whats being productive
Vika [28.1K]
Doing anything positive
4 0
3 years ago
Read 2 more answers
TRANSACTIONS1. John Amos started the business with a cash investment of $60,000.2. Purchased equipment for $22,000 on credit.3.
Tanya [424]

Answer:

Cash  44,250      

Receivables  $1,850      

Equipment $26,600        

Accounts payable 9,000    

Capital 60,000    

Revenue 8,150  

Expenses 4,450

Explanation:

The question is to determine the recording of the transactions above on the Accounting equation

The accounting equation says Assets = Liabilities + Owners' Equity

In this context assets = Cash, Receivables and Equipment

Liabilities = Payables

Owners' Equity = Capital + Revenue - Expenses

The Accounting Equation

ASSETS                                            = LIABILITIES       +     OWNERS EQUITY

 Cash      + Receivables + Equip.           payable   + Capital + Rev -  Expens

1. $60,000                                                                      60,000

2.                                            $22,000     $22,000

3. $3,100                                                                                        3,100

4. -4,600                                    4,600

5                      $5,050                                                                  5,050

6. -4,450                                                                                                    4,450

7. 3,200           -3,200

8. -13,000                                                    -13,000

<u>     44,250        $1,850        $26,600         9,000    60,000     8,150   4,450</u>                  

6 0
3 years ago
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