Answer:
Uneven distribution of natural resources often leads to countries trading with one another, explain how
In ancient times, trade by barter was first employed for trading as a result of uneven distribution of natural resources which calls for need for transacting with other countries. It has greatly benefited countries in such a way that it strengthens the tie between them and make wealth to be well distributed as the country with least natural resources still has something to sell to those with many. e.g Crude oil from Nigeria to other part of the world has made it easier for Nigeria and this still remains their major natural resources used in international trade for money and it has helped to boost their economy since oil was detected.
Explanation:
Answer: $104.78
Explanation:
Total allocated value per square foot = Selling price - land value - site improvement
= 482,500 - 150,000 - 25,000
= $307,000
Allocated value per square foot = 307,000/2,930
= $104.78
One year
7000×1.03^1 = $7210.00
two year
7000×1.03^2 = $7426.30
The company's variable expenses per unit is 1.25
<h3>What is breakeven?</h3>
Breakeven is a point at which neither profit nor loss is made. It is used to determine the number of units or dollars of revenue needed to cover total costs.
Number of units to sell = 100,000
Price per unit = 2
Fixed expense = 75000
At break even point :
Revenue = total expenses
Total expenses
= fixed cost + variable cost
Let variable cost = x
Revenue
= units to sell * price per unit
Revenue
= 100,000 * 2
= 200,000
Hence,
Fixed cost + variable cost = Revenue
75000 + x = 200,000
x = 200, 000 - 75000
x = 125,000
Variable cost = 125,000
The variable expense per unit is thus :
Variable expense / number of units
= 125,000 / 100,000
= 1.25 per unit
Hence, the company's variable expenses per unit is 1.25
Learn more about break even here: brainly.com/question/9212451
Answer:
The correct answer is letter "B": Procurement.
Explanation:
Procurement specialists are managers in charge of reviewing major contracts with vendors or any type of supplier of goods useful for the manufacturing of a company. They analyze diverse data to find out what the best prices are to contribute to the firm profitability. Besides, procurement specialists must study the inflows and outflows of the company's supplies to identify shortages or surplusses.
