Answer:
B. an unfavorable balance of trade and payments
Explanation:
- The BOP or the balance of trade is defined as the net gains or net exports that make the balance of payments and is said to be favorable when the country export more and imports less and is a positive change.
- It is said to be negative when the country imports more and exports less thus unfavorable in terms of the trade and payments.
- <u>Hence it means that the country has a deficit and this can impact the services and is not good for the economic growth perspective.</u>
Answer:
$35,860
Explanation:
The computation of the ending inventory using the retail inventory method is shown below
Particulars Cost Retail
Opening Inventory(A) $63,800 $128,400
Purchases(B) $115,060 $196,800
Goods available
C=(A-B) $178,860 $325,200
Cost ratio
($178,860 ÷ $325,200 × 100) 55%
Sales at retail (D) $260,000
End, Inventory at Retail $65,200
($325,200 - $260,000)
End, Inventory at Cost $35,860
($65,200 × 55%)
Answer: Knowledge management
Explanation: Knowledge management approach focuses on making best use of the knowledge with the intent of achieving organisational objectives. It involves discovering, sharing and harnessing of the intellectual resources that a company holds.
Knowledge management brings improved performance, innovation and competitive advantage to the organisation.
Answer:
c. Independent samples t test
Explanation:
An independent samples t test is used in the above case. Independent samples t test are employed when comparison is between two independently groups. Independent samples t test compares the mean of two independent groups as in above to determine if there is a statistically significant difference between them for the purpose of making a decision. For example in the above scenario if there is a difference in the means, we can conclude that City A and city B residents do not travel same distance in miles
