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3 years ago

The following table contains statements that provide some analysis of policies that address globalization.

Business

1 answer:

Dimas [21]3 years ago

6 0

Answer:

Positive statement

Normative statement

Positive statement

Normative statement

Explanation:

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.

For example, -In the past decade, U.S. companies have outsourced millions of jobs overseas - is a statement that can be verified with data

Normative economics is based value judgements, opinions and perspectives. For example, -Companies that outsource jobs are acting immorally - is subject to opinion. Some would agree and some would not

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Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last

arsen [322]

Answer:

option (C) 32,750 hours

Explanation:

Data provided in the question:

Actual manufacturing overhead cost = $250,000

Overapplied overhead = $12,000

Predetermined overhead rate = $8.00 per direct labor-hour

Now,

The total Manufacturing Overhead applied last year

= Actual manufacturing overhead cost + Overapplied overhead

= $250,000 + $12,000

= $262,000

Therefore,

Direct Labor Hours worked last year = $\frac{\textup{Total Manufacturing Overhead applied}}{\textup{Predetermined overhead rate}}$

= $\frac{\textup{262,000}}{\textup{8}}$

= 32,750 hours

Hence,

The correct answer is option (C) 32,750 hours

6 0

3 years ago

Suppose Dina is an avid reader and buys only comic books. Dina deposits $3,000 in a bank account that pays an annual nominal int

Tomtit [17]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Dina deposits $3,000 in a bank account that pays an annual nominal interest rate of 10%. The comic book is priced at $15.00.

We don't have the number of years on the investment. But we can figure out an answer.

With $3000 she can buy:

Number of comics= 3000/15= 200 comics.

Using the following formula we can calculate the amount of money that she will have at the end of several years.

FV= PV*(1+i)^n

For example:

1 year

FV= 3000*1.10^1= $3300

Comics= 3300/15= 220 comics

5 years:

FV= 3000*1.10^5= $5,315

Comics= 5315/15= 354 comics

8 0

3 years ago

Zoran, a Croatin citizen, only works in the United States. The value added to production from his employment is ____.

ycow [4]

The value that is added to production from his employment is included only in the United States GDP

Explanation:

The value that is added is included only in the United States and Gross Domestic Product is the value of all the finished goods that is produced within the country during the specific period of time

There are many ways to calculate the GDP by the expenditure method the production method or the income method this is used to predict the economy of the country and provides a snapshot of the economic growth. In this case the value added to the production goes to the United States gross domestic product

5 0

4 years ago

Exercise 14-8 Presented below are three independent situations. (a) Oriole Co. sold $1,970,000 of 12%, 10-year bonds at 102 on J

bearhunter [10]

Answer:

$116,230

Explanation:

Calculation to determine the amount of interest expense to be reported on July 1, 2017, and December 31, 2017.

First step is to find the Cash interest on the Bond calculated as:

Cash interest on the Bond = 1,970,000*12%*6/12 = $118,200

Second step is to find the Premium on Bonds Payable calculated as :

Note that (102%-100%)=2%

Hence,

Premium on Bonds Payable = 1,970,000*0.02 = 39,400

The third step is to find the Semiannual bond Premium Amorixed for both July 1, 2017, and December 31 calculated as :

Semiannual bond Premium Amorixed = 39,400/(10*2)

Semiannual bond Premium Amorixed = 39,400/20

Semiannual bond Premium Amorixed = 1,970

The last step is to calculate Interest expenses for the both July 1, 2017, and July 1, 2017, and December 31 using this formula

Interest Expenses = Cash interest - Premium amortized

Let plug in the formula

Interest expenses = 118,200-1,970 = $116,230

Therefore the amount of interest expense to be reported on July 1, 2017, and December 31, 2017 will be $116,230

7 0

3 years ago

Who wants freee points

ivolga24 [154]

Answer:

Me!!!!!!!!!!!!!!

Explanation:

Thanks for the pts

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4 0

3 years ago

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