The growing integration of the world economy is: A.increasing the intensity of competition in a wide range of manufacturing and service industries.
B. decreasing the intensity of competition in manufacturing industries, and increasing the intensity of competition in services.
C. increasing the intensity of competition in manufacturing industries, and decreasing the intensity of competition in services.
D. narrowing the scope of competition in a wide range of service, commodity, and manufacturing industries.
Answers
Answer:
The correct answer to the following will be Option A.
Explanation:
They describe economic growth in an economy by an ongoing change in its future economic activity growth curve being dictated by an increase in domestic product nation's total demand.
Six factors are influencing economic growth, such as:
- Natural resources.
- Human, or technology capital.
- Labor or population.
- The Capital of Person.
- Technology.
- Law.
Therefore, the increasing integration of the global economy in a wide variety of production and manufacturing sectors is rising the frequency of competitiveness.
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The welding department supplies parts to the final assembly line. Management decides to implement a kanban system and has collected the following data. The daily demand is 2000 units The production lead time is 4 days (this includes processing time, transport time, and waiting time) Management has decio One container fits 400 units How many kanban containers will be needed to support this system? _____ containers
Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: PREDICTED DEMAND Period Demand F1 F2 1 68 63 66 2 75 70 67 3 70 75 70 4 74 69 72 5 69 70 73 6 72 68 75 7 80 70 77 8 78 74 84 Required:Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate
Sammy and Monica, both age 67, incur and pay medical expenses in excess of insurance reimbursements during the year as follows: For Sammy $16,000 For Monica (spouse) 4,000 For Chuck (son) 2,500For Carter (Monica’s father) 5,000 Sammy and Monica’s 2019 AGI is $130,000. They file a joint return. Chuck and Carter are Sammy and Monica’s dependents. What is Sammy and Monica’s medical expense deduction for regular income tax purposes?
If 7000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 14 years if interest is compounded annually
Employee Health Insurance Payable 450
Employee Income Tax Payable 400
Estimated Warranty Payable 600
Long-Term Notes Payable(Due 2019) 33,000
FICA—OASDI Taxes Payable 560
Sales Tax Payable 370
Mortgage Payable(Due 2020) 6,000
Bonds Payable(Due 2021) 53,000
Current Portion of Long-Term Notes Payable 3,500
What is the total amount of current liabilities?
Answers
Answer:
$18,880
Explanation:
Current Liabilities are those liabilities which need to be paid within on year time. These liabilities are also called short term liabilities.
Following Liabilities are considered as the current liabilities because these needs to be paid within one year.
Accounts Payable $13,000
Employee Health Insurance Payable $450
Employee Income Tax Payable $400
Estimated Warranty Payable $600
FICA—OASDI Taxes Payable $560
Sales Tax Payable $370
Current Portion of Long-Term Notes Payable $3,500
Total Current Liabilities $18,880
Following are all the Non current liabilities balances:
Long-Term Notes Payable(Due 2019) 33,000
Mortgage Payable(Due 2020) 6,000
Bonds Payable(Due 2021) 53,000
Answers
Answer:
multifactor productivity = 8.3%
Explanation:
given data
Total cost for chemicals = $10
Total cost of labor = $40
Total cost of misc = $5
use of chemical = 50%
solution
first we get here total initial cost that is
total initial cost = 10 + 40 + 5
total initial cost = $55
and
Increase in cost of chemical is = 10 + (0.5) × (10)
Increase in cost of chemical = 15
so Total increase in cost will be
Total increase in cost = $15 + $40 + $5
Total increase in cost = 60
so
increase in cost % = × 100
increase in cost % = × 100
increase in cost % = 91.67 %
so
change in multifactor productivity is = 100% - 91.7%
multifactor productivity = 8.3%
Answers
Answer:
Contribution margin= $225,000
Explanation:
Giving the following information:
Sales $ 1,000,000
Cost of goods sold 665,000
On average, a book sells for $50.
Variable selling expenses are $4 per book
The variable administrative expenses are 3% of sales
First, we need to calculate the number of units sold:
Units sold= 1,000,000/50= 20,000 units
Now, the total contribution margin:
Sales= 1,000,000
Cost of goods sold= (665,000)
Variable selling expenses= 4*20,000= (80,000)
Variable administrative expenses= (1,000,000*0.03)= 30,000
Contribution margin= $225,000
i. the classic look of traditional wingtips
ii. the savings that would come from buying the wingtips the money
iii. the no-lace convenience of slip-ons
iv. the pride that comes with wearing the more expensive shoes
Answers
Final answer:
Opportunity Cost refers to potential gain given up by choosing one option over others. For Sean, this includes the vintage look of wingtips and the saved $50 if he chooses slip-ons instead of wingtips. The convenience and pride Sean gets from the slip-ons don't count as Opportunity Cost since they are benefits, not losses.
Explanation:
The concept of Opportunity Cost in economics and business refers to the loss of potential gain from other options when one option is chosen. In Sean's case, the Opportunity Cost of buying the more expensive slip-ons shoes includes:
- The classic look of traditional wingtips: Sean gives up the vintage statement a lace-up wingtips may offer;
- The savings that would come from buying the wingtips: Sean would spend $50 extra buying the slip-ons than if he chose the wingtips;
However, the last two points: 'the no-lace convenience of slip-ons' and 'the pride that comes with wearing the more expensive shoes' do not fit into the Opportunity Cost. They instead are perceived benefits of the chosen slip-ons and not what is given up when he chooses that option.
Learn more about Opportunity Cost here:
#SPJ11
Answers
Answer:
True.
Explanation:
A flat demand curve for a particular product indicates that the product is very sensitive to a change in the price level and on the other hand, a steeper demand curve indicates that any change in the price level doesn't have a effect on quantity demanded or have a little impact.
Elasticity of demand refers to the responsiveness of quantity demanded with any change in the level of price of the product.
The demand for these products is more elastic because a slightly change in the price level of a product will result in a large change in the quantity demanded for that product.
Answers
Answer:
b.$216,000
Explanation:
The computation of the balance in the capital account for Harrison is shown below:
= Opening balance + additional invested amount - withdrawn amount + net income distributed
= $160,000 + $20,000 - $96,000 + $132,000
= $216,000
We assume that the net income is equally distributed.
Since we have to determine for the Harrison only so we ignored the Marti data which is given in the question