Close your attention to our local economy or country of interest and choose a good or service that you perceive as being comparatively beneficial to America (or your country of choice). Discuss the factors you believe will bring such an advantage to America (or your country). What is even better for a country — exporting more or importing more? What are the impacts on GDP, jobs, and the exchange rate of the national currency of trade surpluses (exportation rather than importing) and trade deficits (importing more than exporting)?
In: Economics
Success of a company investing and operating in a foreign country depends on the competitive advantage of the company. The entry strategy of a company in a foreign country could be technology based, quality based, or cost based. Explain what each strategy means in your own words.
2. In a knowledge economy, knowledge is the intensive factor of production. Comparing China and America, which country do you think has competitive advantage in a knowledge economy, China or America? Explain and justify your answer.
In: Economics
are south African banks operating as a
cartel?
In: Finance
In: Nursing
Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Jason Payne, Capital; Jason Payne, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.
| Transactions | ||
| Oct. | 1 | Paid rent for the month, $2,200. |
| 3 | Paid advertising expense, $550. | |
| 5 | Paid cash for supplies, $1,200. | |
| 6 | Purchased office equipment on account, $9,300. | |
| 10 | Received cash from customers on account, $16,950. | |
| 15 | Paid creditors on account, $3,000. | |
| 27 | Paid cash for miscellaneous expenses, $520. | |
| 30 | Paid telephone bill (utility expense) for the month, $325. | |
| 31 | Fees earned and billed to customers for the month, $51,040. | |
| 31 | Paid electricity bill (utility expense) for the month, $860. | |
| 31 | Withdrew cash for personal use, $1,500. | |
Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.
Chart of Accounts
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Journal
Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.
PAGE 1
JOURNAL
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In: Accounting
The heights of South African men are Normally distributed with a mean of 69 inches and a standard deviation of 4 inches. Reference: Ref 6-1 If a random sample of three South African men were selected at random, what is the probability that the sample mean height is greater than 72 inches?
A.0.2266 B.0.0122
C. 0.0968 D.0.9032
In: Statistics and Probability
An explorer starts hiking from base camp 2 mi north, then he walks for a while in a direction 30 degrees east of north, then he walks 4 mi in a direction 60 degrees south of east, finally, he walks in a direction 12.62 degrees south of west back to base camp. Determine the magnitudes of his second and fourth displacement.
In: Physics