Machines 1 and 2 had accumulated depreciation of $44,000, $44,500, and $19,540, respectively, as of December 31, 2018.
What is covered under COGS?The cost of goods sold includes all expenditures and expenses that are directly related to producing items (COGS). COGS does not include indirect costs like sales, marketing, and overhead. As soon as COGS are subtracted from revenues, gross profit and gross margin are calculated (sales). Higher COGS have a negative impact on margins.
Machine 1:
Straight-line method: (Cost - Salvage Value) / Useful Life = ($128,500 - $18,500) / 10 = $11,000 per year
Accumulated depreciation for 2015-2018: $11,000 x 4 = $44,000
Machine 2:
Declining-balance method: 2 x (100% / Useful Life) = 2 x (100% / 11) = 18.18%
Accumulated depreciation for 2016-2018: $81,500 x 18.18% x 3 = $44,500 (rounded to nearest thousand)
Machine 3:
Units-of-activity method: (Cost - Salvage Value) / Total Machine Hours = ($76,800 - $6,800) / 35,000 = $2 per hour
Accumulated depreciation for 2016-2018: $2 x (670 + 3,600 + 4,900) = $19,540
Therefore, the accumulated depreciation at December 31, 2018, is:
Machine 1: $44,000
Machine 2: $44,500
Machine 3: $19,540
If machine 2 was purchased on April 1 instead of July 1, the depreciation expense for 2016 would be (9/12) x $8,150 x 18.18% = $1,092 (rounded to nearest dollar). The depreciation expense for 2017 would be $8,150 x 18.18% = $1,481 (rounded to nearest dollar).
To know more about depreciation visit:-
https://brainly.com/question/29648523
#SPJ1
What is Charlie able to immediately notice about the 840 names listed on the petition?
Book:Flowers for Algernon
Charlie was able to notice that all 840 names listed on the petition were written in the same handwriting.
He felt a sense of shock, betrayal, and hurt upon realizing that people who he thought were his friends, had not signed the petition with their own hands. They were merely asked to sign the petition, which was written and signed by someone else.What is a Notice?A notice is a written or printed announcement or advertisement that is used to inform people about an event, item, or fact.
What is a Petition?A petition is a written request, signed by a significant number of people, that requests a specific action, policy, or cause. It is usually presented to an organization or authority with the hope of effecting change or addressing grievances.
To learn more about petition:
https://brainly.com/question/29799398
#SPJ11
Using the information below, compute the cycle efficiency: Days' sales in accounts receivable15days Days' sales in inventory72days Days' payable outstanding35days
The cycle efficiency based on the given information is 52 days.
The cycle efficiency is a measure of how effectively a company manages its working capital. It is calculated by subtracting the days' payable outstanding from the sum of days' sales in accounts receivable and days' sales in inventory.
In this case, the days' sales in accounts receivable is given as 15 days, the days' sales in inventory is given as 72 days, and the days' payable outstanding is given as 35 days.
To calculate the cycle efficiency, we sum the days' sales in accounts receivable (15 days) and the days' sales in inventory (72 days), which gives us a total of 87 days. Then, we subtract the days' payable outstanding (35 days) from this total.
Cycle efficiency = Days' sales in accounts receivable + Days' sales in inventory - Days' payable outstanding
Cycle efficiency = 87 days - 35 days
Cycle efficiency = 52 days
Therefore, the cycle efficiency based on the given information is 52 days.
Learn more about working capital here:
https://brainly.com/question/28391478
#SPJ11
Are dividends paid to shareholders from retained earnings?
A share price is a portion of a company's profits and interest income that it distributes to its owners and shareholders.
What examples of shares?A stockholder represents ownership in a company. The number of shares the company has issued determines the size of this ownership interest. Consider a hypothetical company that has issued 50 billion dollars stock shares.
How are the prices of stock determined?If you know an industry's market capitalization and share price, calculating the amount of stocks that are currently outstanding is straightforward. Just multiply the share price by the market capitalization amount. This ownership stake is based on the quantity of shares the company has issued.
To know mroe about share visit:
https://brainly.com/question/15530466
#SPJ4
ASAP 65 points.
1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)
2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.
3. Choose a well-known company, and describe what you think that company's target market is. How can you tell? (1-5 sentences. 3.0 points) TIP: This can be the same company you used in question 1 or 2 above, or it can be different.
4. Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is using. (1-5 sentences. 3.0 points)
5. Choose a well-known company that you are familiar with, and write a customer profile survey that company could give its customers with at least 6 questions that will be useful for that company. (3.0 points)
6. Choose a well-known company that you are familiar with, and explain how that company could use each of the five P's of the marketing mix to achieve its brand image and sales goals. (1-8 sentences. 5.0 points)
Answer:
Ebay
Explanation:
Ebay’s corporate and sales websites have a lot of differences, the most notable being the lack of interface to purchase products on the corporate site. Another difference is that the corporate website is more like a newsfeed, showing achievements, advertisements, etc, for the company, whereas the sales site has lots of pictures and products, and it is more visually pleasing because of the colours. A final difference is there is a lot less text and writing on the sales website than on the corporate website.
Some qualities I associate with Ebay are:
That the products sold on the website are often cheaper than in the shops, because you are purchasing directly from the business.
Another quality that i think of is that it enables small businesses to start their companies without the costs of properties. as well as providing big corporations with somewhere to ensure they get sales.
A final quality that i associate with Ebay is the ability to sell your unwanted things to people, therefore making some profit.
I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.
An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.
An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.
You're welcome.
Answer 1:
Ebay’s corporate and deals websites have a part of contrasts, the foremost eminent being the need of interface to buy items on the corporate site. Another contrast is that the corporate site is more like a newsfeed, appearing accomplishments, promotions, etc, for the company, though the deals location has parcels of pictures and items, and it is more outwardly satisfying since of the colours.
Answer 2:
Some Positive qualities I associate with Ebay are:
That the items sold on the site are frequently cheaper than within the shops, since you're acquiring straightforwardly from the business.Another quality that i think of is that it empowers little businesses to begin their companies without the costs of properties. as well as giving enormous enterprises with some place to guarantee they get sales.A last quality that I relate with Ebay is the capacity to offer your undesirable things to individuals, hence making a few benefit.
Answer 3:
I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.
Answer 4:
An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.
Answer 5:
An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.
Learn more :
https://brainly.com/question/10684699?referrer=searchResults
A(n) is a general belief about a person or group of people that may not be true.
prestige
b culture
c. occupation
d stereotype
Answer:
Stereotype
Explanation:
Trust.
As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing
Answer:
The correct answer will be "Editing".
Explanation:
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
How do market demands relate to needs and wants?A. Wants and demands are equivalent, and both satisfy needs at the same rate.B. Needs, wants, and demands all describe the same state in the customer.C. Demands result in customers needing and wanting a particular product.D. Needs are satisfied by wants, and buying power converts wants into demand.E. Needs and wants outweigh demands in the customer's mind.
Market demands relate to needs and wants as a needs are satisfied by wants, and buying power converts wants into demand. The correct option is (D).
What are the market demands?The need for a specific product and who wants to buy it are described by market demand. How willing buyers are to pay a specific price for a specific commodity or service will determine this. Price rises as market demand does as well.
Even if a buyer might want something, he might not be able to satisfy that need.
Customer demand for a need or want is indicated by their willingness and ability to purchase it.
Therefore, market demands relate to needs and wants as a needs are satisfied by wants, and buying power converts wants into demand.
To know more about the market demands, visit:
https://brainly.com/question/29703449
#SP1
Someone in the 15 percent tax bracket can earn 10 percent annually on his investments in a tax-exempt IRA account. What will be the value of a $16,000 investment in 5 years? 10 years? 20 years? You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar.
Answer:
A. $60,653
B. $98,313
C. $136,217
Explanation:
The formula that is used for calculating the annuity value is as under:
Annuity Value in "n" years = Present Value * (1 - (1 + r)^-n) / r
For 5 years:
Annuity Value in "5" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $60,653
For 10 years:
Annuity Value in "10" years = $16,000 * (1 - (1 + 10%)^-10) / 10%
= $98,313
For 20 years:
Annuity Value in "20" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $136,217
Which design principle is especially important when you are creating navigational aids for your document?.
The design principle that is important when one is creating navigational aids for your document is repetition.
What is a design principle?It should be noted that the design principle simply means the principles that are used to create visually appealing designs.
In this case, the design principle that is important when one is creating navigational aids for your document is repetition.
Learn more about design principle on:
https://brainly.com/question/5450481
Answer:
IM SO SLOPPY he is so genius!!! ☞ ̄ᴥ ̄☞True manuscript presentations can be boring unless the speaker has thoroughly practiced verbal and nonverbal expressions.
a. true
b. false
The statement that True manuscript presentations can be boring unless the speaker has thoroughly practiced verbal and nonverbal expressions is TRUE.
What is the importance of verbal and nonverbal expressions?When having a true manuscript presentation, it is up to the speaker to make it as lively as possible.
The speaker can avoid being boring by practicing and using a range of verbal and nonverbal expressions to convey the true emotion that the manuscripts were meant to convey.
Find out more on manuscript presentations at https://brainly.com/question/15421591
#SPJ1
What is the effective annual rate of 14.9 percent compounded continuously?A. 15.62 percent.B. 15.84 percent.C. 16.07 percent.D. 15.59 percent.E. 15.69 percent.
The effective annual rate of 14.9 percent compounded continuously is 16.07. Therefore, correct option is C. 16.07.
To find the effective annual rate of 14.9 percent compounded continuouslyWe'll use the formula A = P * e^(rt), where A is the final amount, P is the principal, r is the interest rate, t is the time, and e is Euler's number (approximately 2.71828).
For this question, we are given the interest rate (14.9 percent) and need to find the effective annual rate.
Step 1: Convert the percentage to a decimal by dividing by 100. 14.9 percent = 0.149
Step 2: Use the formula A = P * e^(rt) with t = 1 (since we want the annual rate).
A = P * e^(0.149 * 1)
A = P * e^(0.149)
Step 3: Since we are only interested in the effective annual rate, we can assume P = 1, which will give us the multiplier for the effective annual rate:
A = 1 * e^(0.149)
A = e^(0.149)
Step 4: Calculate A using the value of e (approximately 2.71828):
A ≈ 1 * 2.71828^(0.149)
A ≈ 1.1607
Step 5: Convert the multiplier back to a percentage by subtracting 1 and multiplying by 100:
Effective annual rate = (A - 1) * 100
Effective annual rate ≈ (1.1607 - 1) * 100
Effective annual rate ≈ 0.1607 * 100
Effective annual rate ≈ 16.07 percent
So, the effective annual rate of 14.9 percent compounded continuously is approximately 16.07 percent, which corresponds to option C.
To know more about effective annual rate
visit:
https://brainly.com/question/5442201
#SPJ11
Example of how a marketer might use specific customer and product information from a database to plan future marketing activities.
Answer: How can database driven marketing communication programs help personalize interactions with customers? It can be used to create unique marketing programs for customer clusters. Data can be used to develop communications aimed at specific individuals or clusters of individu
did that help you?
Which of the following communication styles includes the desire to avoid conflict but still tries to manipulate the situation so the outcome is in their favor?
Passive-assertive
Passive-aggressive
Passive
Aggressive
Answer:
☆Passive aggressive☆
Explanation:
•Passive Assertive: Not a communication style.
•Passive: Developed patterns of avoiding expresing feelings/ emotions.
•Aggressive: can involve manipulation or
intimidation to achieve an end goal.
What is the volume of a box that is 3 m long, 0.5 m high, and 2 m wide?
How does a project manager evaluate the scope of a project?
Determine the overall work that needs to be completed to deliver the desired product, service, or end result
Estimate some of the resources that are needed to deliver the desired product, service, or end result
Evaluate the time it will take to deliver the desired product, service, or end result
Guess how much money it will cost to deliver the desired product, service, or end result
Stating in an answer for future reference, it's A, "Determine the overall work that needs to be completed to deliver the desired product, service, or end result".
No "Tutor" needed.
The Architecture and Construction career cluster is a group of careers focused on
O designing, constructing, and maintaining buildings and other structures,
O assembly of buildings and structures.
O designing and planning buildings.
O identifying the safety standards for building regulations.
The correct answer is Designing, constructing, and maintaining buildings and other structures.
Explanation:
A career cluster groups different careers related to the same area of knowledge and similar applications. In the case of architecture and construction, this includes careers such as architecture, civil engineering, carpentry, paving operators, etc. Moreover, these careers are all related to creating buildings or structures, which involve designing or planing the structures, then constructing them, and finally, dealing with the maintenance of the building. This includes the creation of houses, bridges, roads, etc.
Answer:
answer is A
designing constructing, and maintaining buildings and other structures.
Explanation:
hope this helps!
Oriole Company had the following transactions during 2024: - Sales of $12100 on account - Collected $5380 for services to be performed in 2025 - Paid $2910 cash in salaries for 2024 - Purchased airline tickets for $670 in December for a trip to take place in 2025 What is Oriole's 2024 net income using accrual accounting? $14570 $9860 $9190 $15240
Oriole Company's 2024 net income using accrual accounting is $9190.
To calculate Oriole Company's 2024 net income using accrual accounting, we need to consider the revenue and expenses that occurred during the year.
Sales of $12100 on account are considered revenue for 2024.
Collected $5380 for services to be performed in 2025 is not included in 2024 net income as it relates to future periods.
Paid $2910 cash in salaries for 2024 is an expense for 2024.
Purchased airline tickets for $670 in December for a trip in 2025 is not included in 2024 net income as it relates to future periods.
To calculate the net income, we subtract the total expenses from the total revenue:
Net Income = Revenue - Expenses
Total Revenue = $12100
Total Expenses = $2910
Net Income = $12100 - $2910
Net Income = $9190
Therefore, Oriole Company's 2024 net income using accrual accounting is $9190.
To know more about net income visit:
https://brainly.com/question/32614743
#SPJ11
Question 1 (2 points)
You can own a business that will allow you to compete with others to make a profit.
True or
False
Answer:
True
Explanation:
The principal purpose of building a business is to make profits. A business must provide solutions to particular needs and wants in the community to attract customers. Different entrepreneurs will offer alternative or similar solutions to a specific situation.
Anyone starting a business will target a particular set of customers. He or she must be ready to complete for those customers with other like-minded entrepreneurs. Competition is good in business as it makes entrepreneurs innovate on the best ways to serve their customers. It also gives customers alternatives.
what is the book of first entry
Answer:
Journals
Explanation:
“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"
What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
To know more about retirement, refer to the link:
https://brainly.com/question/13745337
Answer:
A,C,D,E
Explanation:
I did it and this was correct.
_____is the process of learning how other firms do things in an exceptionally high-quality manner.
a. Outsourcing
b. Benchmarking
c. Value-added analysis
d. Automation
(B) Benchmarking is the process of learning how other firms do things in an exceptionally high-quality manner.
Benchmarking is a strategic management tool that involves comparing an organization's processes, performance metrics, and practices to those of industry leaders or best-in-class companies. The goal of benchmarking is to identify areas where an organization can improve its operations, reduce costs, and increase efficiency by adopting the best practices of other firms.
Benchmarking can be applied to a wide range of business functions, such as production processes, customer service, sales and marketing, and supply chain management. It involves analyzing key performance indicators (KPIs) and identifying opportunities for improvement by setting benchmarks for performance metrics and then comparing them with the performance metrics of other companies.
Outsourcing refers to the process of hiring a third-party firm to perform a business function that is typically carried out in-house.
The value-added analysis is a process of analyzing the value added at each stage of a production process, with the goal of identifying areas where value can be increased.
Automation refers to the use of technology to automate business processes and tasks.
For more such questions on Benchmarking: brainly.com/question/15572505
#SPJ4
User charges may represent as much as _____ of a given cities revenue share – which in some circumstances even exceeds property taxes in the amount collected.
Users of specific services provided by a city or municipality, such as water and sewer services, parking fees, and recreational services.
User charges are fees paid by users of specific services provided by a city or municipality, such as water and sewer services, parking fees, and recreational services.
These charges are a significant source of revenue for many cities, and in some cases, they can even surpass the amount collected through property taxes. The exact percentage of a city's revenue share that comes from user charges can vary widely, depending on factors such as the size of the city, the nature of the services provided, and the fees charged. However, in some cases, user charges can represent as much as 30% or more of a city's total revenue. This reliance on user charges as a source of revenue has both advantages and disadvantages. On the one hand, it allows cities to fund specific services based on the users' consumption of those services, rather than burdening all taxpayers with the cost. On the other hand, it can create a financial barrier for some residents, especially those with lower incomes, who may struggle to pay these fees.
In conclusion, while the percentage of a city's revenue share that comes from user charges may vary, it is clear that these fees are an essential source of income for many cities. As such, it is crucial for cities to balance the benefits and drawbacks of relying on user charges and ensure that they are being used effectively and equitably.
For more such questions on municipality
https://brainly.com/question/31123148
#SPJ11
How would you ensure products being put out onto the shop floor are of good quality?
Answer:
1.Train Employees
2.Let technology help the process to shop more efficient and better at quality control
3.Upgrade Equipment
4...Keep Your Shop Floor Clean
Explanation:
hope this is helpful
Leslie tunes musical instruments. Leslie tuned a guitar with 666 strings today. Then she tuned a piano with 373737 times as many strings. How many strings did the piano have? Choose 1 answer: Choose 1 answer: (Choice A) A The piano has 422422422 strings, because 37 \times 6=42237×6=42237, times, 6, equals, 422. (Choice B) B The piano has 222222222 strings, because 37 \times 6=22237×6=22237, times, 6, equals, 222. (Choice C) C The piano has 666 strings, because 37 \div 6=637÷6=637, divided by, 6, equals, 6 remainder 111.
Answer:
there is something wrong with the question since a guitar has 6 strings, so I believe that the numbers were copied three times.
Assuming that Leslie tuned a 6 string guitar and she also tuned a piano that has 37 times as many strings, then the piano has 37 x 6 = 222 strings.
Option B is correct: the piano has 222 strings, because 37 times 6 = 222
Answer:
It's actualy 222
Explanation:
What kind of advertisements would a company be unable to measure with standardized
tests?
A company would be unable to measure
with standardized tests.
O sampling
O ad recall
O goodwill
O past advertising
Explain how the matching principle and the accounting period assumption on relate to the operation of accrual accounting. (4 marks) b) FBI provided the following data from its accounting system: Sales (including GST) 206 800 Stock purchases (including GST) 118 800 Equipment purchased (including GST) 16 500 PAYG Withheld 4 620 Milk and bread purchased for staff lunches 49.50 Calculate the GST Collected, the GST Paid and the amount payable or refundable to or from the Australian Taxation Office. (4 marks)
The required answer is the amount payable to the Australian Taxation Office is $7,300.
The matching principle and the accounting period assumption are two fundamental concepts in accrual accounting that help ensure accurate financial reporting.
The matching principle states that expenses should be recorded in the same period as the revenues they generate. This means that expenses should be matched with the revenues they helped generate, regardless of when the cash is actually paid or received.
The accounting period assumption divides the life of a business into smaller periods, such as months, quarters, or years, for reporting purposes. This allows for the measurement and comparison of financial information over specific time frames.
In the given data, information about sales, stock purchases, equipment purchased, PAYG withheld, and milk and bread purchased for staff lunches.
To calculate the GST Collected, find the total sales amount and then calculate the GST (Goods and Services Tax) component. In this case, the total sales (including GST) is given as $206,800. To calculate the GST Collected, determine the GST rate. Assuming a GST rate of 10%, calculate the GST Collected by multiplying the total sales amount by the GST rate:
GST Collected = Total Sales * GST Rate
= $206,800 * 0.1
= $20,680
To calculate the GST Paid, find the GST component of the stock purchases and equipment purchased. The stock purchases (including GST) are given as $118,800 and the equipment purchased (including GST) is given as $16,500. Again, assuming a GST rate of 10%, calculate the GST Paid by multiplying the total purchase amounts by the GST rate:
GST Paid = (Stock Purchases + Equipment Purchased) * GST Rate
= ($118,800 + $16,500) * 0.1
= $13,380
To calculate the amount payable or refundable to or from the Australian Taxation Office, compare the GST Collected and the GST Paid. If the GST Collected is greater than the GST Paid, the amount payable to the Australian Taxation Office is the difference. If the GST Paid is greater than the GST Collected, the amount refundable from the Australian Taxation Office is the difference. In this case, the GST Collected is $20,680 and the GST Paid is $13,380, so the amount payable to the Australian Taxation Office is:
Amount Payable = GST Collected - GST Paid
= $20,680 - $13,380
= $7,300
Therefore, the amount payable to the Australian Taxation Office is $7,300.
In summary, the matching principle ensures that expenses are matched with the revenues they help generate, while the accounting period assumption divides the life of a business into smaller periods for reporting purposes. In the given data, calculated the GST Collected, the GST Paid, and the amount payable to the Australian Taxation Office by applying the GST rate to the relevant sales and purchase amounts.
To know more about GST. Click on the link.
https://brainly.com/question/31051112
#SPJ11
one common support activity that underlies multiple primary activities is _____.
One common support activity that underlies multiple primary activities is "information technology (IT) infrastructure."
In a business context, primary activities are directly involved in the creation, production, and delivery of goods or services. These primary activities may include activities such as inbound logistics, operations, outbound logistics, marketing and sales, and customer service.
The IT infrastructure plays a crucial role in supporting primary activities by:
Communication and Collaboration: IT infrastructure enables effective communication and collaboration among different departments and individuals involved in primary activities. It allows for the sharing of information, coordination of tasks, and real-time communication, enhancing efficiency and productivity.
Data Management: IT infrastructure supports the storage, organization, and retrieval of data related to primary activities. It facilitates the management of information, databases, and systems that are vital for decision-making, analysis, and operational processes.
To learn more about infrastructure follow:
https://brainly.com/question/32687235
#SPJ11
Has the comparative advantage in making guitars. has the comparative advantage in making violins.
Spain has the comparative advantage in making guitars, while Italy has the comparative advantage in making violins.
Comparative advantage is the ability of a country or individual to produce a particular good or service at a lower opportunity cost than another country or individual.Assuming the two countries in question are country A and country B, if country A can produce guitars at a lower opportunity cost than country B, then it has a comparative advantage in making guitars.On the other hand, if country B can produce violins at a lower opportunity cost than country A, then it has a comparative advantage in making violins.This means that it would be more efficient for country A to produce more guitars and for country B to produce more violins, and then they can trade with each other to benefit from the comparative advantage.The opportunity cost of producing a good is the value of the next best alternative forgone.
learn more about comparative advantage here:
https://brainly.com/question/2827889
#SPJ1
Answer:
Annie's Music makes guitars while the music factory makes violins
Explanation:
edge 2023
Why is it important for the government to achieve these five objectives?
Full Employment
Price stability
Sustainable Economic growth
Redistribution of income
Balance of payment stability
Pls give a reasonable answer :)
Answer: Equality
Without proper guidelines in place one would outweigh the other cause an imbalance. If the government didn't keep those equal there wouldn't be enough stability and nobody would be able to live fairly.
as a business within the company, hr has three product lines, one of which involves contributing to the company's strategy by understanding how hr can provide a competitive advantage. this is known as .
As the product lines involves contributing to the company's strategy by understanding how hr can provide a competitive advantage, this is known as being a strategic partner.
What is a strategic partner?These are partners involves in the sharing of resources to help all involved succeed. They are usually non-competing businesses and often share both the risks and rewards of the decisions of both companies.
Most time, the ultimate goal of the strategic partnership is to create value for each company by offering information, services and other resources that the other firm either has no access to or could only access through some form of financial exchange.
Therefore, this strategy is known as being a strategic partner.
Read more about strategic partner
brainly.com/question/13710961
#SPJ1