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notsponge [240]
1 year ago
14

Kemala is a factory worker in Indonesia, where she earns the equivalent of roughly U.S$1 per hour producing T-shirts to export t

o the United States. Some people argue that this wage is exploitative and unfair. Why might this argument be flawed?
A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.
B. U.S. workers deserve to make more because the cost of living in the United States is higher than in Indonesia.
C. Although Kemala may have chosen badly in taking the factory job, the job provides a level of income to which people in developing countries have become accustomed.
D. American consumers believe that exploitation of labor is an acceptable side effect of globalization.
Business
1 answer:
postnew [5]1 year ago
5 0

Answer: A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.

Explanation:

Going by standards in the United States, the wages that Kemala is earning may be tagged as exploitative. If however, it is shown that Kamala works in that factory of her own accord, then it means that the wage is not exploitative to her because she must be earning more from the factory than other alternatives to it which was why she chose to work there.

It would simple mean that the wages in Indonesia are small by American standards and not just the ones Kemala is receiving from the factory.

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At January 1, 2020, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purcha
fiasKO [112]

Answer:

$4,000

Explanation:

The operating activities is the activities which records day to day activities i.e change in working capital, loss or profit on sale of long term assets, depreciation expense etc

In the given situation, there is a loss of $4,000 on the sale of equipment and the same is recorded under the operating activity in a positive sign

The sale of an equipment and the purchase of an equipment would be shown in the investing activity . Hence, we do not considered here

3 0
2 years ago
Which of the following provides essential project data including objective performance status, cost impact of known problems, id
mr_godi [17]

Answer:

The correct answer is letter "B": Integrated Program Management Report (IPMR).

Explanation:

The Integrated Program Management Report (<em>IPMR</em>) is a legally authorized report containing performance details extracted from the internal Earned Value Management System of the contractor. The IPMR provides an extract on the advance of the agreement including potential problems, costs, and change in schedules.

7 0
2 years ago
Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $12, direct lab
o-na [289]

Answer:

$75.40

Explanation:

Mark up is a percentage applied on the cost to get the selling price. In other  word, the difference between the marked-up amount and the total cost gives the profit of the entity.

To get the target selling price, we would first determine the total cost, then apply the mark up percentage on the cost and add the result to the cost.

Total cost per unit

= $12 + $4 + $9 + $10 + $5 + $12

= $52

Amount of mark up

= 45% * $52

= $23.40

Target selling price = $52 + $23.40

= $75.40

4 0
2 years ago
Hopkins Company has taken a position in its tax return to claim a tax credit of $70,000 (direct reduction in taxes payable) and
Oksi-84 [34.3K]

Answer:

The amount of the additional projected liability that should be recognized is $28,000

Explanation:

For computing the amount of the additional projected liability, we have to apply the formula which is shown below:

= Tax benefit in 20% - Tax benefit in 40%

= $70,000 - $42,000

= $28,000

The other information which is given in the question is irrelevant. So, it is not been considered in the computation part. Hence, it is ignored.

We took the higher value between $42,000 and $14,000.

5 0
2 years ago
Consider a basket of consumer goods that costs $90 in the United States. The same basket of goods costs CNY 105 in China.
stiv31 [10]

Answer:

The real exchange rates that would result from the two nominal exchange rates are:

For the first row in the table RER is <u>6</u>.

For the second row in the table RER is <u>9</u>.

Note: See the attached excel file for the table.

Explanation:

Note: The table in the question is merged together. It is therefore sorted before answering the question. See the attached excel file for the sorted table.

The answer to the explanation to the answer is now provided as follows:

The real exchange rate (RER) between the the currencies of two counties can be described as the multiplication of the nominal exchange and the ratio of baskets of goods between these two countries.

RER can can therefore be calculated using the following formula:

RER = (e * P*) / P ................................. (1)

Where, from the question;

e = Nominal exchange rate or Yuan per dollar

P* = Cost of Basket in U.S (Dollars)  

P = Cost of Basket in China (Yuan)

For the first row in the table:

e = Nominal exchange rate or Yuan per dollar = 7

P* = Cost of Basket in U.S (Dollars)  = $90

P = Cost of Basket in China (Yuan) = 105

Substituting the values into equation (1), we have:

RER = (7 * 90) / 105

RER = 630 / 105

RER = 6

For the second row in the table:

e = Nominal exchange rate or Yuan per dollar = 10.50

P* = Cost of Basket in U.S (Dollars)  = $90

P = Cost of Basket in China (Yuan) = 105

Substituting the values into equation (1), we have:

RER = (10.50 * 90) / 105

RER = 945 / 105

RER = 9

4 0
2 years ago
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