An economy starts in steady state. A war causes a massive destruction of the capital stock. This shock will cause

Postcard: Bangalore. Hearts Set on Joining the Global Economy, Indian IT Workers are Brushing up on Their Interpersonal Skills

kipiarov [429]

Answer:

Kindly check explanation

Explanation:

Bangalore's Finishing school :

From the excerpt above :

India's workforce possess a comparably better technical skills in the aspect of information technology while the rest of the world have the comparative edge when it comes to interpersonal relationship.

Since Indian workers possess technical edge in IT, India uses that as an export commodity while importing interpersonal education which they are deficient in.

From my own perspective, the trade in services will lead to mutual benefit between the trading nations because both are simultaneously giving out their resources or knowledge base while also receiving aid in the areas where thy are lacking.

6 0

3 years ago

Booth Company employs a periodic inventory system and reported the following inventory information for the month of August: Augu

lakkis [162]

Answer:

Net income= 41,806.8

Explanation:

Giving the following information:

The following inventory information for August:

August 1 Beginning inventory 2,200 units at $15 cost per unit

August 6 Sold 1,300 units

August 15 Purchased 1,700 units at $25 cost per unit

August 18 Sold 1,900 units

August 23 Purchased 900 units at $24 cost per unit

August 26 Purchased 700 units at $19 cost per unit

August 29 Sold 2,000 units

August 30 Purchased 1,500 units at $37 cost per unit

During August, Booth Company reported operating expenses of $23,000 and had an income tax rate of 37%

First, we need to calculate the revenues for August.

Weighted-average cost= (15 + 25 + 24 + 19 + 37)/5= $24

Units sold= 5,200 units

COGS= 5,200*24= 124,800

Revenues= gross profit + cost of goods sold= 70,460 + 124,800= 195,260

Cost, LIFO method:

COGS= 700*19 + 900*24 + 1700*25 + 1900*15= 105,900

Income statement:

Revenues= 195,260

COGS= 105,900 (-)

Gross profit= 89,360

Operating expenses= 23,000 (-)

EBIT= 66,360

Tax= 24,553.2 (-)

Net income= 41,806.8

5 0

4 years ago

Project A is opening a bakery at 10 Center Street. Project B is opening a specialty coffee shop at the same address. Both projec

Amiraneli [1.4K]

Answer:

The correct approach will be "NPV (Net present value)".

Explanation:

NPV concessions as well as reduce all potential investment returns from the campaign.

⇒ NPV = Present value of cash inflows - Present value of cash outflows

While using the NPV methodology with the appropriate project cost, we can determine is not whether the project is reasonable. Unless the Net present value is positive, the venture can not be dismissed and rejected whether it is poor or negative.

3 0

3 years ago

Community activist: If Morganville wants to keep its central shopping district healthy, it should prevent the opening of a huge

Serjik [45]

Answer: The best answer is C

Explanation:

C. In towns with healthy central shopping districts, what proportion of the stores in those districts suffer bankruptcy during a typical five-year period?

Supposing that roughly a quarter of stores in a HEALTHY central shopping district is being found out to have suffered bankruptcy during a typical five-year period. This would be an evidence to say that losing a quarter of the stores to bankruptcy is NOT a sign that a shopping district is "unhealthy". In that regards, the records from the other towns would simply show that, DESPITE having a SaveAll, the shopping districts maintained healthy bankruptcy rates.

So, the fact that a quarter of stores in Morganville's central shopping district will likely experience bankruptcy is no cause for alarm. This is what we would expect in ANY healthy central shopping district. Therefore, based on the evidence, there is no reason to expect that opening a Save All will negatively affect the health of the central shopping district.

6 0

3 years ago

Diversification is important in investing because...

Alenkinab [10]

Diversification is important in investing because "It helps you to balance your risk across different types of investments".

Explanation:

Diversification is a risk management approach that includes investing beyond or within various asset types to depreciate the ups and downs of economic exchanges. In different terms, diversification is thereby not owning all your eggs in one basket. Diversification goes by expanding properties beyond and within various asset types. Because asset types have their own individual financial rounds, when one class is making substantial profits, another may not be functioning as well. By expanding your purchases beyond and within distinct asset categories you’ll be in an immeasurable situation to offset the buoyancy of unique expenses.

8 0

3 years ago

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