1. Does the concept of comparative advantage apply to individuals, countries, or both? Explain.

Group Policy is an automated management tool with which you can set a policy once and allow it to apply to all users and compute

Fudgin [204]

Answer:

the statement is True

Explanation:

5 0

3 years ago

A producer of felt-tip pens has received a forecast of demand of 41,000 pens for the coming month from its marketing department.

VladimirAG [237]

Answer and Explanation:

The computation is shown below:

a. The break even quantity is

= Fixed cost ÷ (selling price per unit - variable cost per unit)

= $26,000 ÷ ($1 - 0.35)

= $26,000 ÷ 0.65

= 40,000

b. The price is

Let us assume the price per pen be x

As we know that

Profit = Revenue - costs

$16,000 = (x)(41,000) - $26,000 - .35(41,000)

$16,000 = 41,000x - 40,350

$56,350 = 41,000x

x = $1.37

5 0

3 years ago

Vineyard Corporation, a manufacturer of fine wines, began the year 2016 with 20,000 bottles in inventory. The company estimated

zimovet [89]

Answer:

Desired Ending Inventory for the second quarter is 25,000 bottles

Explanation:

Vineyard Corporation

1st Quarter

Beginning Inventory 20,000

Budgeted Sales 200,000 bottles,

Ending Inventory 15,000 bottles ( 10% of the 2nd quarter's sales)

As the management has already decided that an ending inventory of 10% of the subsequent quarter's sales is appropriate therefore we get Ending inventory by finding 10% of the subsequent quarter sales.

Vineyard Corporation

2nd Quarter

Beginning Inventory 15,000

Budgeted Sales 150,000 bottles,

Ending Inventory 25,000 bottles ( 10% of the 3rd quarter's sales)

(250,000*10/100= $ 25,000)

Vineyard Corporation

3rd Quarter

Beginning Inventory 25,000

Budgeted Sales 250,000 bottles,

Ending Inventory 40,000 bottles ( 10% of the 4th quarter's sales)

5 0

3 years ago

Infotech offers its employees long-term employment with a focus on individual responsibility. as a result, its workers are loyal

Goryan [66]

The management style Infotech most likely is applying is theory Z.
This theory was proposed by Dr. William Ouchi, and it was based on the Japanese principles of management, thanks to the boom of Asian economy in the 1980s. By giving the employees a lot of incentives, as well as responsibility for their work, productivity and morale are increased.

5 0

4 years ago

A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the begin

AURORKA [14]

THE COMPANY'S EARNING PER SHARE FOR THE YEAR WILL BE $2.30 PER SHARE.

Explanation:

FOR CALCULATING EARNING PER SHARE WE HAVE TO USED THE FOLLOWING FORMULA:

EARNING PER SHARE = $\frac{NET INCOME}{AVERAGE OF COMMON STOCK}$

GIVEN:

NET INCOME = $9,660,000

NO. OF OUTSTANDING SHARE AT BEGINNING OF YEAR = 4,100,000

NO. OF OUTSTANDING SHARE AT END OF YEAR = 4,300,000

AS PER GIVEN FORMULA :

AVERAGE COMMON STOCK OUT STANDING = $\frac{4,100,000+4,300,000}{2}$ = 4200000 SHARES

NOW WE WILL FIND EARNING PER SHARE USING ABOVE FORMULA:

$\frac{9,660,000}{4,200,000}$

EARNING PER SHARE = $ 2.30 PER SHARE

6 0

3 years ago