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MA_775_DIABLO [31]
3 years ago
12

Chile is able to grow and harvest grapes and strawberries in the months of October through April, while in the United States suc

h fruit is harvested from April through October. The United States has a much larger manufacturing capacity and ships durable goods such as cars and trucks to Chile. These examples can best be explained by
Business
1 answer:
Slav-nsk [51]3 years ago
6 0

Answer: the economic principle of comparative advantage

Explanation:

Comparative advantage could be described as an economy's capability to produce a particular product at than the price competitor would offer. A comparative advantage could also be described as handling two jobs but being better in one than the other. One of the jobs could be primary duty while the other is secondary, one fetches income than the other which may or may not fetch an income or having a job that supplements the work you do for the other one

From the paragraph, both America and Chile farm fruit in their various reasons but United State does it better than Chile based on her massive manufacturing industry. The United states comparative advantage is her large manufacturing industry which helps her to be better than Chile in the fruit production.

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Which one of the following statements correctly defines a time value of money relationship?
gogolik [260]

Answer:

E. Time and present value are inversely related, all else held constant.

3 0
2 years ago
A(n) ________ meeting is held at the beginning of a project, often after the business case and project charter are completed.
Alja [10]
A(n) KICK OFF meeting is held at the beginning of a project, often after the business case and project charter are completed.

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6 0
3 years ago
The Income Summary account is closed to which of the following accounts?
Romashka [77]
Retained earnings im prtty sure I’m so sorry if I got it wrong
6 0
3 years ago
Pacific Packaging's ROE last year was only 2%; but its management has developed a new operating plan that calls for a debt-to-ca
Ede4ka [16]

Answer:

16.511%  

Explanation:

According to the scenario, computation of the given data are as follow:-

For computing the return on equity we need to do following calculation

Net Income = (EBIT - Interest Rate) × (1 -Tax Rate)

= ($535,000 - $175,000) × (1 - 40%)

= $360,000 × 60%

= $216,000

Profit Margin = Net Income ÷ Total Sales

= $216,000 ÷ $5,000,000

= 0.0432 or 4.32%

Assets turnover ratio = 2.1

Debt to capital ratio = 45% or 0.45

Equity Multiplier = 1 ÷ (1 - 0.45) = 1.82

As we know that

Return on Equity = Equity Multiplier × Profit Margin × Assets Turnover

= 1.82 × 4.32% × 2.1

= 16.511%

According to the analysis, the company Return on equity is 16.511%  

5 0
4 years ago
On a job search, strong writing skills are important when preparing a
agasfer [191]

Answer:

c. résumé

Explanation:

A resume is a document prepared by job seekers and presented to hiring managers or recruitment agencies. A resume is a formal document. It highlights the job seeker's educational background, skills, and work experience. Job seekers use the resume to showcase their achievements in previous positions.  

Recruiters use the resume to identify applicants with the skills required to perform various roles.

8 0
3 years ago
Read 2 more answers
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