If there are no readily available substitutes for a product, it will tend to have...

During 2019, Zigma Company earned service revenue amounting to $800,000, or which $645,000 was collected in cash; the balance wi

timofeeve [1]

Answer:

$800,000

Explanation:

Given that;

Sales revenue = $800,000

Cash collected = $645,000

Remaining amount cash collected in January = $155,000

And the delivery of goods is $11,100

Here, since the service revenue earned is $800,000 and same amount would be reported under the income statement, other items given would be ignored.

It therefore means that the sum of $800,000 should be the 2019 income statement report for service revenue.

8 0

2 years ago

Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts or

zubka84 [21]

Answer:

a. For each country, graph the production possibilities frontier. Suppose that without trade the workers in each country spend half their time producing each good. Identify this point in your graphs.

attached graph

b. Who has the comparative advantage in the production of shirts? What about for computers?

China has the comparative advantage in the production of shirts, while the US has the comparative advantage in the production of computers.

c. If these countries were open to trade, which country would export shirts? Give a specific numerical example and show it on your graphs. Which country would benefit from trade?

China would export 50 million shirts in exchange for 5 million computers (or more if they can). Trade would benefit the US since it will only need to trade 5 million computers in exchange for 50 million shirts, and it will still have 15 million computers that it can consume or trade with come other country.

d. Explain at what price of computers (in terms of shirts) the two countries might trade.

the minimum and maximum prices would be 5 to 10 shirts per computer. If the price of shirts per computer is 10 or near 10, then the US wins more. If the price of shirts per computer is 5 or near 5, then China wins more.

Explanation:

opportunity cost of producing 1 shirt in the US = 20/100 = 0.2 computers

opportunity cost of producing 1 computer in the US = 100/20 = 5 shirts

opportunity cost of producing 1 shirt in China = 10/100 = 0.1 computers

opportunity cost of producing 1 computer in China = 100/10 = 10 shirts

without trade:

total production of shirts in the US = 50 million
total production of computer in the US = 10 million

total production of shirts in China = 50 million
total production of computer in China = 5 million

with trade:

total production of computers in the US = 20 million
total production of shirts in China = 100 million

8 0

3 years ago

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.1 pound

photoshop1234 [79]

Answer:

Contribution margin per pound

K1 - $16.90

S5 - $8.60

G9 - $10.40

Explanation:

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

The contribution margin per pound for each of the three products is the ratio of the contribution margin per unit of a product to the number of pounds required per unit of that product.

K1 S5 G9

Selling price $147.39 $112.64 $215.56

Variable costs $95.00 $92.00 $149.00

Contribution margin $52.39 $20.64 $66.56

Pounds per unit 3.1 2.4 6.4

Contribution margin/pound $16.90 $8.60 $10.40

7 0

3 years ago

Risk acceptance defines the quantity and nature of risk that organizations are willing to accept as they evaluate the trade-offs

NNADVOKAT [17]

Answer:

Tolerance

Explanation:

Risk tolerance: It is defined as level of risk that an organization is willing to take for completing any specific task. Evaluating the risk in the trade off between perfect security and unlimited accessibility as risk of security breach is still there instead of perfect security as there is unlimited accessibility, however, how much risk can be tolerated or accepted need to be evaluated and can be mitigated.

There are different technique been used to minimize the risk factors are:

Avoidance.
Reduction.
Sharing.
Retention.

5 0

3 years ago

What three colors are used to create the color white on a tv or computer screen?

vivado [14]

Red yellow and blue because when they are all moved at a high speed they combine to make white

8 0

3 years ago

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