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arlik [135]
2 years ago
7

________ is largest employer in the country and the largest purchaser of goods and services in the world.

Business
1 answer:
algol [13]2 years ago
4 0

The largest employer in the country which can also be regarded as largest purchaser of goods as well as services is U.S. federal government.

  • U.S. federal government can be regarded as national government of the United States, which is composed of self-governing territories as well as several island.

  • She serve as one of the major force in the world market, and that is why many countries relied on their exports.

Therefore, U.S. federal government is right.

Learn more at:

brainly.com/question/20935050?referrer=searchResults

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The following units of an inventory item were available for sale during the year. Beginning inventory 10 units at $55 First purc
Sphinxa [80]

Answer:

$1,375

Explanation:

Given the information above, the Ending inventory = Units available - Units sold

Units available = 10 + 25 + 30 + 70 = 80

Units sold = 60

Ending inventory = 80 - 60

Ending inventory = 20

Cost of ending inventory under FIFO

= (15 × $70) + (20 - 15) × $65

= $1,050 + $325

= $1,375

Therefore, the ending inventory cost using FIFO is $1,375

5 0
3 years ago
Of the approximately 27.3 million small businesses in this country, ____ have no employees.
jenyasd209 [6]
<span>Approximately 90% of all small businesses have no employees. These would be the businesses run by a single person or a partnership, with no outside help having been hired to help with the duties of the job. This shows that a great percentage of these businesses are one- and two-person endeavors, while the larger small businesses are a distinct minority.</span>
3 0
3 years ago
Indicate whether the following actions would increase, decrease, or not affect Indigo Inc.'s total assets, liabilities, and stoc
Elenna [48]

Explanation:

The effects are as follows:

a. In the first option, there is No effect in any item of the financial statements

b. In the second option, there is  No effect in any item of the financial statements

c. In the third option, there is No effect in any item of the financial statements

d. No impact on the assets but it increases the liabilities side and decreases the stockholder equity

The journal entry is shown below:  

Retained earning A/c Dr  XXXXX

    To Dividend payable  A/c XXXXX

(Being cash dividend declared)  

When the dividend is declared, the dividend amount should be subtracted from the retained earning account.  

And, since the dividend is declared that increases the balance of dividend

In addition, the dividend payable and the retained earning account have a credit balance. The increase in dividend payable account would have credit balance whereas the decrease in retained earning account has a debit balance.  

e. Paying the cash dividend declared in (d)        

The journal entry is shown below:

Dividend payable A/c XXXXX

           To Cash A/c XXXXX

(Being the cash dividend is paid)

Since it reduces the liabilities and the asset side also but it does not have any impact on the stockholder equity

7 0
3 years ago
When there is a weak fit between a core business and a particular business line, organizations will typically follow what partic
Vinvika [58]

Answer:

B. The Organization will attempt to divest the weak line

Explanation:

First premise is to understand that there are two activities to consider for such companies. First is the Core business of the organisation and the second is the particular business line. A weak fit between the two means, resources are being wasted as they are not being maximized .

The organisation therefore will usually attempt to divest  (sell off their interest or investment) in the business line and then focus all resources and attention on the core business. Doing this will therefore, strengthen the core business and cut off the waste in resources.

5 0
3 years ago
Consider the economies of Hermes and Tralfamadore, both of which produce gobs of goo using only tools and workers. Suppose that,
MAXImum [283]

1. The productivity (in terms of output per worker) in 2016 and 2026 for the economies of Hermes (<u>60 and 72</u>) and Tralfamadore (<u>30 and 54</u>).

2. The 5-unit change in capital per worker causes productivity in <u>Tralfamadore</u> to rise by <u>80%</u> than productivity in <u>Hermes</u> which rose by <u>20%</u>.

3. This illustrates the concept of the <u>catch-up effect</u>, which makes it <u>possible</u> for countries with low output to catch up to those with higher output.

<h3>What is the concept of the catch-up effect?</h3>

The economic concept of the catch-up effect states that developing countries usually develop faster than developed countries, eventually reach the same level of per capita productivity as developed economies.

<h3>Data and Calculations:</h3><h3>Hermes</h3>

Year      Physical Capital    Labor Force (Workers)   Output       Productivity

           (Tools per worker)                                  (Glops of gloop) (Glops per

                                                                                                         worker)

2016                 11                            30                         1,800       60 (1,800/30)

2026               16                            30                         2,160       72 (2,160/30)

<h3>Tralfamadore</h3>

Year      Physical Capital    Labor Force (Workers)   Output       Productivity

           (Tools per worker)                                  (Glops of gloop) (Glops per

                                                                                                         worker)

2016                 8                            30                         900       30 (900/30)

2026               13                            30                      1,620       54 (1,620/30)

<h3>Rise in productivity:</h3>

Hermes = 20% (72 - 60/60 x 100)

Tralfamadore = 80% (54 - 30)/30 x 100)

Thus, the productivity (in terms of output per worker) in 2016 and 2026 for the economies of Hermes (<u>60 and 72</u>) and Tralfamadore (<u>30 and 54</u>).

Learn more about the concept of catch-up effect at brainly.com/question/15061995

6 0
2 years ago
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