Answer: We have assumed constant returns to scale.
Explanation:
Comparative advantage simply stated that an economy should produce the goods whereby the said economy has a lower opportunity cost than its counterpart.
Based on the analysis in the question, the inaccurate assumption is that we have assumed constant returns to scale. This means that an increase in the inputs such as capital and labour which are used in producction will also cause an identical increase in output. In reality, this isn't always true.
Explanation:
In this case, it is incorrect to wait until payment to record the expense, as organizational accounting is essential in an organization so that there is a record and control of organizational financial transactions so that companies can obtain information about the business and take reasoned decisions based on the current reality of the company.
Therefore, all income and expenses for the period must be recorded in accounting so that there is real information about an organization's movements in a period.
Answer:
It would take 162 minutes to make one unit of product X.
Explanation:
Giving the following information:
Hours available to produce the products are the constrained resources.
Soap could reduce the processing time for X by 10 percent.
X Y
Sales Price $20 $25
Variable Cost 14 15
Hours needed to process 3 5
<u>First, we need to determine the number of minutes required to make one unit of Product X under the new method:</u>
Number of minutes required= (3*60)*0.9= 162 minutes.
It would take 162 minutes to make one unit of product X.
B) False. The contribution margin per hour of Product B is higher than product Y.
C) False. The contribution margin per hour of $2 was before the improvement in product X.
D) False. Product Y has a higher contribution margin per unit but lower compared to the contribution margin per hour.
Answer:
10.34
Explanation:
This question refers to Dividend Growth Rate with respect to Stock valuation
The model estimates the dividends over a defined period based on an assumed growth rate to determine the future value of the stock.
The formular to calculating the expected value is as follows
Please note:
Expected return and Rate are expressed in percentage i.e divided by 100.
Fitting into the formular:
The resulting answer = 10.34
Answer:
The correct answer to the following question is option D) Eliminate risk through application of ORM( which stands for operational risk management ).
Explanation:
Operational risk management can be defined as the continuous cyclical process which consists of risk decision, implementation of risk controls, risk assessment and risk decision making, which would help in mitigation, avoidance and acceptance of risk.
The four principle included in this are -
1) Accepting risk only when the benefits out weights the cost.
2) Anticipating and managing risk by proper planning.
3) Making right decisions at right time and at right level.
4) Anticipate no unnecessary risk.
