Compared to Country Y, Country X has a comparative advantage in producing computers. Country Y has a comparative advantage over Country X in producing automobiles. How can the two countries BEST take advantage of this situation?
Country X and Country Y can impose barriers to trade between themselves.
Country X and Country Y can specialize their production and trade with each other.
County Y can stop producing goods and import all of its products from Country X.
Country X can stop producing goods and import all of its products from Country Y.
Suppose the value of the Japanese yen appreciates relative to the US dollar. Who would this benefit? Select all that apply.
Japanese tourists visiting the United States
US tourists visiting Japan
Japanese exporters of goods to the United States
US importers of goods from Japan
Japanese importers of goods from the United States
Look at the exchange rate table. Then answer the question that follows.
Ethan is an American who buys and sells goods in the international market. He recently bought goods that cost 10,000 yen from a company in Japan. How much money did he spend in US dollars?$100
$1,000
$10,000
$100,000
Answers
When a country or organization is able to produce a certain good or service at a lower opportunity cost than competitors, such country organization is said to have a comparative advantage on such product.
1.)
Hence, the best way to both countries can take advantage of the situation is for countries X and Y to specialize in that good in which it has comparative advantage, then trade with one another.
2.)
Since the Japanese yen has appreciated over the dollar, then, the beneficiaries would be ;
Japanese importers of goods from the United StatesJapanese tourists visiting the United StatesThese is because they could get more with less.
3.)
Total cost of goods = 10,000 yen
100 yen = $1
10000 yen = x
Cross multiply
100x = 10000
x = 10000 ÷ 100
x = 100
Hence, Ethan has spent $100
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Related Questions
What could an article in a financial publication tell you about a company that
a prospectus can't?
A. How much profit the company has produced for shareholders
B. What major losses the company has suffered
C. What improvements have been made to improve employee morale
D. What the company's assets and liabilities are
Answers
The thing that an article in a financial publication can tell one about a company that the prospectus won't is C. What improvements have been made to improve employee morale.
A prospectus simply means a formal legal document that is designed to provide information about an investment of a company to the public.
The prospectus can contain information such as the profit the company has produced for shareholders, the major losses the company has suffered, and the company's assets and liabilities.
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Answer:C
Explanation:just got it right
Fireplace Service company provides fireplace cleaning services and has variable costs of $100 per fireplace cleaning and revenue of $250. Their contribution margin is $_____.
Answers
Based on the cleaning and revenue costs, we can calculate that the contribution margin is $150
The contribution margin refers to the amount left from revenue after variable costs are removed.
Contribution margin = Revenue - Variable costs
The contribution margin here is therefore:
= 250 - 100
= $150
In conclusion, the contribution margin is $150.
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16660 kronas how much is this in us dollars
Answers
Answer: 1,900.05 United States Dollar
Explanation:
explain why percentage decreases can never exceed 100%
Answers
Answer:
Because if they do they won’t get any money and they will basically sell it for free
Explanation:
pls brainliest
If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you have committed an error related to which type of justice?
Answers
In this scenario, we have committed an error related to Procedural justice
Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.
According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.
In conclusion, we have committed an error relating to procedural justice because the rule that was applied to Julio was not applied to John, therefore, there was a bias in justice.
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what is 5 disadvantages of cryptocurrency?
Answers
Answer:
What are the disadvantages of cryptocurrencies?
Unregulated Markets: Firstly, the biggest advantage of cryptocurrencies is that they can function without the existence of a central bank that coordinates their activities. However, this is also the biggest disadvantage of these investments. Firstly, since there is no central bank or exchange which mediates all transactions, most of them are irreversible. Secondly, since there is no centralized party or government which enforces its value. The value of the coin is purely determined by the value which peers investors place on it. Hence, if the investing community were to lose interest in a particular cryptocurrency because of a security incident, the units of that currency could become worthless overnight!
Volatile: Cryptocurrencies have still come a long way as compared to the past. However, they are still a very nascent technology. This means that the markets are still extremely volatile. It is common for cryptocurrencies to double in value in a matter of months. It is also common for cryptocurrencies to halve in value within the same period of time. Hence, for the moment cryptocurrencies are used by investors who are not afraid of speculation or volatility. Investors who are looking for a stable source of value for their investments continue to steer clear of the cryptocurrency markets.
Data Loss: The money invested in cryptocurrencies is held in digital wallets which are protected by digital passwords. If the owner deletes these passwords and is not able to recover them on his own, there is a big possibility that the money locked in the digital wallet may become inaccessible to them.
Legal Hassles: The problem with cryptocurrencies is that they are completely anonymous. As a result, they are widely used by crime syndicates and other people indulging in unlawful activities. Since cryptocurrencies are not regulated by the government, criminals find this to be the best way to launder their money. As an investor, this can be problematic. Since the market is completely anonymous, it is possible that investors could be aiding and abetting such money laundering activities without having any knowledge of the same. It is possible that investors might end up in a legal quagmire simply because they traded cryptocurrencies. In order to avoid such problems, many investors avoid investing in cryptocurrencies altogether. Apart from the issues mentioned above, many countries have made issuing and accepting cryptocurrencies an illegal activity. If investors trade these currencies despite the ban, then too, they are involved in illegal activities and could face legal repercussions.
Tax Hassles: Since cryptocurrencies are relatively new, there is still a lack of clarity about how the gains from these investments need to be taxed. Since the rules are not completely clear. Most countries in the world do not have tax gains from cryptocurrencies mentioned in their tax code. Even though this mention has not been explicitly done, investors are supposed to mention the income and pay taxes on them.
Since governments do not have a strong mechanism to determine the exact income from cryptocurrencies, some investors have tried to avoid paying taxes on them. This has landed them in trouble with the tax authorities. In many cases, investors genuinely wanted to pay their dues. However, due to the confusion about the exact nature of tax that needs to be applied to cryptocurrencies, they have been unable to do so. Hence, paying taxes on cryptocurrencies is also a complex task that requires significant transaction costs.
All of the following are loss of control risks except ________. (1pts) Question 36 - All of the following are loss of control risks except ________. high unit cost forever vendor in driver's seat identity changes technology direction enhancements in wrong priority
Answers
Loss control is an important measures taken by individuals to prevent or reduce loss cycle from accident, injury etc. All except Identity changes are loss of control risks.
Loss Control ia often regarded as a risk management technique. It aim to reduce the likelihood that a loss will take place and/or reduce the highness of those that will take place.It is also called risk control or safety. .
Examples are Involuntary immobility due to great fear, during earthquakes, tornadoes, and floods is a common form of loss of control.
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Beginning inventory, purchases and sales data for T-shirts are as follows:
April 3 Inventory
24 units
$10
11 Purchase
26 units
$12
14 Sale
36 units
21 Purchase
18 units
SIS
25 Sale
20 units
Assuming the business maintains a periodic inventory system, calculate the ending inventory under FIFO:
Answers
Based on the First In; First Out method of inventory management, the ending inventory is $180.
FIFO means that the earlier stock is sold off first. This means that the sale on April 14 was based on the beginning inventory first and then the Purchase on the 11.
Stock on April 14:
= Beginning stock + Purchases - Sale
= 24 + 26 - 36
= 14 units at $12 each
Stock at 25th:
= Remaining April 11 purchases + April 21 Purchases - Sales
= 14 + 18 - 20
= 12 units at $15
Ending inventory:
= 7 x 12
= $180
In conclusion, closing inventory is $180.
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A plan that forecasts future expenses and helps the company to effectively
meet those expenses is called a…………………….
Marketing plan
Business plan
budget
Financial plan
Answers
Answer:
budget
Explanation:
I don't knowwwwwwweeeeeeeeeeeee
Use Apple’s financial statements in Appendix A to answer the following. Required: 1. Is Apple’s statement of cash flows prepared under the direct method or the indirect method? 2. For each fiscal year 2019, 2018, and 2017, identify the amount of cash provided by operating activities and cash paid for dividends. 3. In 2019, did Apple have sufficient cash flows from operations to pay dividends? 4. Did Apple spend more or less cash to repurchase common stock in 2019 versus 2018?
Answers
Apple’s statement of cash flows was prepared under the indirect method. This was because the net income approach was used.
Based on the complete information, the amount of cash provided by operating activities and cash paid for dividends for the fiscal years will be:
Cash provided = 63598, 65824, and 81266.Payments of dividend = 12769, 12150, and 11561.In 2019, Apple had sufficient cash flows from operations to pay dividends. It had surplus cash after the dividend was paid.
Lastly, Apple spent more cash to repurchase common stock in 2019.
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Answer:
Explanation:
Apple’s statement of cash flows was prepared under the indirect method. This was because the net income approach was used.
Based on the complete information, the amount of cash provided by operating activities and cash paid for dividends for the fiscal years will be:
Cash provided = 63598, 65824, and 81266.
Payments of dividend = 12769, 12150, and 11561.
In 2019, Apple had sufficient cash flows from operations to pay dividends. It had surplus cash after the dividend was paid.
Lastly, Apple spent more cash to repurchase common stock in 2019.
If P(A) = .62, P(B) = .47, and P(A U B) = .88; then P(AN B) =
Answers
Answer:
197............................
Walt Disney reports the following information for its two Parks and Resorts divisions. U.S. International Current Year Prior Year Current Year Prior Year Hotel occupancy rates 87 % 83 % 79 % 78 % Assume Walt Disney uses a balanced scorecard and sets a target of 85% occupancy in its resorts. (1) Which division(s) exceeded the occupancy target during the current year
Answers
The division that exceeded the occupancy target during the current year was the United States because it had 87% occupancy.
A balanced scorecard is a management model that groups together various data to evaluate the result of a strategy related to the objectives.
A balanced scorecard works through indicators that allow aligning the behavior of the organization's members with the company's strategy.
Based on the above and the chart, the only resort that exceeded the occupancy target (85%) during the current year was the United States resort (87%)
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Fariq purchases and places in service in 2020 personal property costing $2,611,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Fariq can deduct, ignoring any taxable income limitation
Answers
The maximum deduction that Fariq can deduct is $1,019,000
Solution
In the year 2020, the Sec 179 deduction expense is given as 1040000 dollars. This the deduction expense given that the qualifying personal property has a worth that is greater than 2590000 dollars.
Then the phase out would be the difference between the amount of investment and property cost
Phase out = 2611000 - 2590000
= 21000 dollars
Maximum Sec. 179 deduction = $1,040,000 - 21000
= $1,019,000
The maximum deduction that Fariq can deduct is therefore $1,019,000
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2. Who are teachers? Write any two works of teachers.
Answers
Answer:
Teacher are those person who teach us and Help us for a future Work
Their two work are:-
1).They teach us
2):- They teach us moral value and norms
The volume of export activity in the world economy has increased as exporting has become easier, especially due to the gradual decline in trade barriers under the umbrella of GATT and now the WTO. Regional economic agreements such as the European Union and the North American Free Trade Agreement have also significantly increased export opportunities. Even though export activity in the world economy has increased, exporting remains a challenge for many firms. Smaller enterprises can find the process intimidating due to a host of issues ranging from mechanics of importing and exporting to dealing with countertrade. There are several promises and pitfalls to exporting. Read each statement to determine if it is true or false.
Answers
The statement that many novice exporters underestimate the time and expertise needed to cultivate business in foreign cultures is logically true.
From the complete question, it should be noted that exports account for a large percentage of the United States firm's sales.
Furthermore, large revenue and profit opportunities abound in foreign markets for most firms in most of the industries
In conclusion, many foreign customers do not require face-to-face negotiation when conducting business.
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EXPLAIN HOW IMPORTANT MOTIVATION IN AN ORGANIZATION
Answers
Answer:
Motivation is a human factor in management. Motivation represents the willingness of an individual to put his efforts in a particular direction so as to achieve his goals. Motivation is what makes people perform or do the things
Which interpersonal skills are used to create long-lasting connections with those around you?
O Communication skills
O Listening Skills
O Negotiation skills
O Relationship-building skills
Answers
The interpersonal skills that are used to create long lasting connections with those around you are Relationship-building skills.
Interpersonal skills are those skills and tactics that are used by people to have an effective communication and relationship with others. While some people are born with this skill, for others it is learnt.
Relationship building skills help to develop long lasting relationship with other people.
A person with this skill
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Answer:
O Relationship-building skills
Explanation:
got right on test
Which of the following might be part of a business case in favor of the mount lemmon fire district hiring employees with a broader range of ages
Answers
The option that demonstrates a business case in favor of the Mount Lemmon fire district hiring employees with a broader range of ages is: Firefighters who are older might also have more valuable experience.
A business case that favors an entity is one that is beneficial to the growth of the business.
When a business decides to hire individuals from a younger age bracket to an older age bracket, they are doing this not just to suit the law but to also benefit themselves. If the older firefighters have more experience on the job, then they have more capable hands to help their business.So, hiring older firefighters with more experience might be a purpose of hiring employees with a broader age range.
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While designing a management support system, it's important to remember that executives' main concern is _____.
Answers
The main concern of executives when designing a management support system (MSS) is b. getting the information they need in the simplest way.
A management support system provides managerial information resources to enable management to plan, make decisions, and manage the organizational activities to achieve goals.
Executives' main concern with the design of a management support system is not to:
Identify unquantifiable benefitsGet support from all employeesGet technically-advanced information.
Thus, the concern of executives during the design of a management support system is to get needed information most simply.
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True or False: The purchases of items from foreigners will be greater than the sales of items to foreigners. True False
Answers
Answer:
The correct answer is false.
Explanation:
From the perspective of the United States, the demand for foreign currencies in exchange for dollars reflects purchases by Americans of goods, services, and assets from foreigners. The supply of foreign currencies in exchange for dollars reflects sales by Americans of goods, services, and assets to foreigners. The equilibrium exchange rate will bring the quantity of foreign exchange demanded by Americans into balance with the quantity supplied by foreigners. Thus, it will also bring purchases by Americans from foreigners into balance with sales by Americans to foreigners. See section: Determinants of the exchange rate.
What are 3 reasons a previously entered transaction may not be found in the bank feed?
Answers
Answer:
Any written evidence in support of a business transaction is called Voucher. Vouchers are the primary evidence of business transactions having taken place.
Explanation:
You have recently been promoted to General Manager at Creekview Lodge, a 50 room hotel in Gatlinburg, Tennessee. You started working at the lodge in high school in the restaurant and after college, returned to Creekview as one of the assistant managers before being promoted to hotel manager. Recently, a 200-room hotel opened not far from Creekview Lodge, and although Creekview still maintains near 100% capacity there has been quite a bit of turnover. More than ten employees left to work for the larger hotel which boasted higher pay and better health insurance.
You were informed this morning by the front desk team that the latest customer survey results show a drop in the satisfaction rating for guest room cleanliness. The current report indicates that 73% of guests responded "completely satisfied", 12% responded "satisfied", 10% responded "neither satisfied nor unsatisfied", and 5% responded "unsatisfied." The housekeeping staff lost four employees to the new hotel, so although disappointed, you aren’t surprised by this news. Still, you could not remember a time that the hotel had received such a low satisfaction rating.
As manager of Creekview Lodge, what is your next step in addressing the problem?
a. Take immediate action and require that all rooms be inspected by the hotel manager (you) or an assistant manager before being made available to customers
b. Review the standards of performance and compare to current performance
Answers
As the manager of Creekview Lodge, the next step will simply be to B. Review the standards of performance and compare them to current performance.
From the information given, it was stated that the latest customer survey results show a drop in the satisfaction rating for guest room cleanliness and that several staffs were lost to other companies.
Therefore, it's important to review the standards of performance and compare them to current performance. This will be vital in understanding the various issues that are affecting the company and then addressing them accordingly.
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What is one reason to connect to the same file several time?
Answers
Answer:
You want to make sure you have all the data. You want to separate data from the file to create lookup tables.
One reason to connect to the same file several time is that you want to separate data from from the file to create lookup tables.
What are lookup tables?"A lookup table is an array of data that maps input values to output values, thereby approximating a mathematical function. Given a set of input values, a lookup operation retrieves the corresponding output values from the table. If the lookup table does not explicitly define the input values, Simulink can estimate an output value using interpolation, extrapolation, or rounding, where: an interpolation is a process for estimating values that lie between known data points."
" An extrapolation is a process for estimating values that lie beyond the range of known data points. A rounding is a process for approximating a value by altering its digits according to a known rule. A lookup table block uses an array of data to map input values to output values, approximating a mathematical function. Given input values, Simulink performs a “lookup” operation to retrieve the corresponding output values from the table. If the lookup table does not define the input values, the block estimates the output values based on nearby table values."
What is data?"Data are individual facts, statistics, or items of information, often numeric. In a more technical sense, data are a set of values of qualitative or quantitative variables about one or more persons or objects, while a datum is a single value of a single variable."
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On January 1, 2019, Santo Company purchased a computer system for $30,500. The system had an estimated useful life of 5 years and no salvage value. At January 1, 2021, the company revised the remaining useful life to two years. What amount of depreciation will be recorded for 2021 and 2022
Answers
The amount of depreciation for both 2021 and 2022 based on the information given is $9,150
First find the accumulated depreciation for 2019 and 2020.
= Cost of system / Useful life x 2 years
= 30,500 / 5 x 2
= $12,200
The amount left to be depreciated is therefore:
= Cost - Accumulated depreciation
= 30,500 - 12,200
= $18,300
The depreciation for the next two years will be:
= Amount to be depreciated / Useful life
= 18,300 / 2
= $9,150
In conclusion, both 2021 and 2022 will see a depreciation of $9,150.
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In selling a house, Matt, a licensed realtor, tells Ann that the wiring, fixtures, and ap-pliances are of a certain quality. Matt knows nothing about the quality, but it is not as specified. Ann buys the house. On learning the true quality, Ann confronts Matt. He says he was not trying to fool her; he was only trying to make a sale. Can she rescind the deal
Answers
Bonds with credit rating of below BBB by S&P are called:
Answers
Bonds with credit rating of below BBB by S&P are called high yield bonds.
What are bonds?
A bond is a debt instrument used by businesses to raise capital needed for business operations. Bondholders earn interest on the amount invested and at the maturity of the bond, they are paid back the amount invested.
Bonds rated BBB and above are bonds of the highest quality. They have the least rate of default. Bonds rated BBB and below are bonds of lower quality. They are called high yield bonds. They have a higher rate of default and bondholders demand a higher rate of return for holding this bond.
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The Washington Post Company's ownership structure. They have two classes of stock, one of which has super voting, meaning one class of shareholders has more say than the other class. Do you think this is a smart structure? What are the advantages and disadvantages of this structure?
Answers
I think two classes of stock is a smart structure.
Advantages of the two classes of stock
It protects the firm against a hostile takeoverIt gives management greater ability to make decisions.Disadvantages of the two classes of stock
Ordinary shareholders have a limited ability to effect changes in the firm.A dual share class structure is when there are two classes of stock: the owners and management have greater voting rights while the shareholders have a limited voting right. This structure prevents the firm against a hostile takeover.
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The correlation between absenteeism and turnover is ______ the correlation between tardiness and turnover.
Answers
The correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover.
Absenteeism simply refers to a pattern where an employee misses work without giving a good reason. Turnover is the number of an employer's workforce that must be replaced as a result of the separation of employees from the workplace.
It should be noted that the correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover. When employees continually don't come to the office, this will lead to the employers looking for someone to fill in for them.
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The increase or decrease in owner's equity is reported on the
Question 9 options:
income statement.
statement of owner's equity.
balance sheet.
All of the above
Answers
Answer:
Statement of Owners' Equity
Explanation:
The Statement of Owners' Equity, also referred to as Statement of Stockholders' Equity, is a financial statement used to report the changes in the all of the equity accounts of a corporation. It also reports number of shares and any changes in a firm's preferred, common, and treasury stock that occurred during the year.
The Income Statement (also referred to as the Statement of Earnings) reports the net income or loss of a company for a specific period. It only reflects revenues and expense accounts of the firm, and not the equity accounts.
The Balance Sheet (also referred to as the Statement of Financial Position) reflects the assets, liabilities, and stockholders' equity accounts of a company as of a specific date. The information contained in its "Stockholders' Equity" section comes from the Retained Earnings Statement. However, the Balance Sheet does not provide the changes in the equity accounts of a company.
Therefore, the correct answer is Statement of Owners' Equity.
A break-even analysis includes operating expenses and total monthly debt payments,
plus
school costs.
O gross profit margin.
Ihr
net profit margin.
zero term margin.
Answers
Answer:
Gross profit margin.
Explanation:
Break-Even Analysis enables a business to know how much cash it has under given situations by helping it know how much sales it needs in order to have a certain amount of cash.
It is calculated by the formula;
(Operating Expenses + Annual Debt Service)/Gross Profit Margin = Break-Even Sales
Operating Expenses in this equation is net of Depreciation as depreciation is a non-cash expense.