The impact of mao zedong's significant leap forward in china c. mao's efforts to contend with the soviet union resulted in an economic boom
The weather in 1959 was catastrophic and the yearly harvest was not nearly enough to support the Chinese population which led to general famine.
<h3>What was the result of the Great Leap Forward?</h3>
Instead of promoting the country's economy, The Great Leap Forward resulted in mass hunger and famine. It is estimated that between 30 and 45 million Chinese citizens died due to famine, execution, and coerced labor, along with massive economic and environmental collapse.
<h3>What was the Great Leap Forward and how did it affect China?</h3>
The Great Leap Forward was a push by Mao Zedong to change China from a largely agrarian (farming) society to a modern, industrial society—in just five years. It was an unbelievable goal, of course, but Mao had the ability to force the world's largest society to try. The effects, unfortunately, were disastrous.
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Answer:
174,250 shares
Explanation:
The computation of the number of shares to be used in computing diluted earnings per share is shown below:
Proceeds from exercise of options (a) $369,000 (41,000 shares × $9)
Used to repurchased for common stock (b) 30,750 shares (41,000 shares × $9 ÷ $12)
Number of shares for exercised (c) 41,000 shares
Less: repurchased shares (d) -30,750 shares
Diluted common shares {e = c - d} 10,250 shares
Add: Common shares (f) 164,000 shares
Total number of shares for diluted earning per share 174,250 shares
We ignored the market price of common stock as it is not relevant.
Answer:
(A) True
Explanation:
Differential cost is the difference between the cost to produce Product O and produce Product P; in this case it’s the additional cost of $13 per pound to produce
So the statement “The differential cost of producing Product P is $13 per pound” is true
Answer: 9.20
Explanation:
In finance there is a rule for calculating this called 'The Rule of 70'.
With The Rule of 70, you are able to calculate the amount of time it will take an investment to double if you divide 70 by the growth rate of the investment.
In this scenario, the investment is your salary and the growth rate is 7.61% pee year.
The amount of time it will take to double is therefore,
= 70 / 7.61
= 9.19842312746
= 9.20 years.
It will take 9.20 years to double.
Answer:
- Materials - 100,400
- Conversion - 95,600
Explanation:
Equivalent Units = Units Completed and Transferred out + Ending Work in Progress.
Materials Equivalent Units
Ending Work in Progress = 90% * 16,000
= 14,400 units
Equivalent Units = 86,000 + 14,400
= 100,400 units
Conversion Equivalent Units
Ending Work in Progress = 60% * 16,000
= 9,600 units
Equivalent Units = 86,000 + 9,600
= 95,600 units