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san4es73 [151]
2 years ago
15

Look at the examples, and then determine which type of advantage each one describes.

Business
2 answers:
muminat2 years ago
8 0

Answer

A producer can provide cable service more cheaply than another producer(Absolute Advantage)


A producer can produce salads while giving up fewer opportunities to make sandwiches than another producer(Comparative advantage)


A producer can create more car parts than another producer, while using the same number of resources(Absolute Advantage)

Explanation

Absolute advantage is the ability of a producer to utilize the same amount of resources in the production of goods and services than the competitors. Here the producer gives a lower cost per unit than the other parties producing a similar good. For example in case 1 and 3.

A comparative advantage occurs when a producer is able to utilize fewer resources, at a lower opportunity cost to produce goods. When there is an increased production of one good, less of another product is produced. A comparative advantage will allow a company to sell products and services at a lower price that others and reach stronger sales margins. For example in case 2.



lara [203]2 years ago
4 0

Answer:

<span> 1) If a producer can provide cable service more cheaply than another producer, it is an</span> absolute advantage.<span>
2) If a  producer can produce salads while giving up fewer opportunities to make sandwiches than another producer, it is a</span> comparative advantage.

3) If a  producer can create more car parts than another producer does,  using the same number of resources, the price per unit is cheaper and it is an absolute advantage.

Absolute advantage<span> is the ability of a person, a  country, company or region to produce a good or service at a cheaper price per unit than another entity producing the same good or service.</span>

Comparative advantage<span> is the ability of a person, a  country, company or region to produce a specific good or service more efficiently (lower opportunity cost)  than another entity to produce the same good or service.</span>

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A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. assuming 6
Olegator [25]
The solution for this problem is get first the total sales, credit sales and receivables turnover.
187,000 / 0.086 = $2,174,418 this is your total sales 

2,174,418 x 60% = $1,304,651 is your credit sales 

1,304,651 / 126,370 = 10.32 times is the Receivables turnover 

365 / 10.32 = 35.37 days is the day's sales in receivables
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3 years ago
We do not owe you anything at December 31, 2018, as the goods, represented by your invoice dated December 30, 2018, number 25050
dangina [55]
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1 year ago
M10-14 Analyzing the Impact of Transactions on the Debt-to-Assets Ratio [LO 10-5] BSO, Inc., has assets of $600,000 and liabilit
Gnom [1K]

Answer:

The each transaction affecting or not the debt to assets ratio is given below;

1-Purchased inventory of$20,000 on credit

2-Paid accounts payable amount of $50,000

3-Recorded accrued salaries of $100,000

4-Borrowed $250,000 from a local bank

Explanation:

1-Debt/Total Assets=470,000/620,000=.76 it will increase the ratio

2-                              =400,000/550,000=.73 it will decrease the ratio

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5 0
2 years ago
Novak Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year
GenaCL600 [577]

Answer:

Feb 1=> Cash ( debit) = 2,444,000.

Prefered stock (credit) = 2,350,000.

Paid in capital in excess of par value-preferred stock(credit) = 94000.

July 1=> Cash (debit) = 3,500,000.

Prefered stock (credit) = 3,125,000.

Paid in capital in excess of par value-preferred stock(credit) = 375000.

Explanation:

(A). On FEB. 1, the accounts and Explanation is given below:

Cash ( debit) = 2,444,000 {that is from; 47,000 × $52}.

Prefered stock (credit) = 2,350,000 { that is from; 47,000 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 2,444,000 - 2,350,000 = 94,000.

(B). On JULY 1, the accounts and Explanation is given below;

"July 1 Issued 62,500 shares for cash at $56 per share."

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Paid in capital in excess of par value-preferred stock(credit) = 3,500,000 - 3,125,000 = 375,000.

7 0
2 years ago
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8 0
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