Exercise 8-2 Recording costs of assets LO C1 Cala Manufacturing purchases land for $390,000 as part of its plans to build a new plant. The company pays $33,500 to tear down an old building on the lot the and $47,000 to fill and level the lot. It also pays construction costs of $1,452,200 for the new building and $87,800 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash.

Answers

Answer 1

Answer:Please see answers in explanation column

Explanation:

Given that,

Purchase price of land = $390,000

tear down cost old building = $33,500

Costs to fill and level lot =  $47,000  

Total cost of land = Purchase price of land +tear down cost on old building + Costs to fill and level lot

=$390,000 + $33,500+ $47,000  

= $470,500

Therefore, the journal entry is as follows:

To record the costs of plant assets

Account titles and explanation             Debit                 Credit

Land                                                      $470,500

Land improvements                              $87,800        

Building/construction costs                  $1,452,200

     To cash                                                                            $2,010,500


Related Questions

The furniture store offers you no-money-down on a new set of living room furniture. Further, you may pay for the furniture in three equal annual end-of-the-year payments of $1,000 each with the first payment to be made one year from today. If the discount rate is 6%, what is the present value of the furniture payments

Answers

Answer: $2,673

Explanation:

The amounts to be paid are constant so this is an annuity. The present value will therefore be the present value of an annuity.

Present value of annuity = Annuity * Present value interest factor of annuity, 3 periods, 6%

= 1,000 * 2.6730

= $2,673

The following data relate to direct materials for the month for the Hodge Wax Company: The standard costs for the work done was 5,900 pounds of wax at $9.50 per pound. The actual costs were 6,300 pounds at $9 per pound. What is the direct materials efficiency variance

Answers

Answer: $3800 U

Explanation:

The direct material efficiency variance will be calculated as follows:

Direct material efficiency variance = (Standard quantity - Actual quantity) × Standard price of material

= (5900 - 6300) × 9.50

= 400 × 9.50

= $3800 U

Therefore, the direct material efficiency variance is $3800 Unfavorable.

According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.5% Medicare tax. Also, $25,000 was subject to state and federal unemployment taxes.a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%.

Answers

Answer: $9,800

Explanation:

Payroll taxes = Social security + Medicare +State unemployment + Federal unemployment

= (110,000 * 6%) + (110,000 * 1.5%) + (25,000 * 5.4%) + (25,000 * 0.8%)

= 6,600 + 1,650 + 1,350 + 200

= $9,800

A machine costs $5240 and produces benefits of $1000 at the end of each year for eight years. Assume an annual interest rate of 10%. Use engineering economics principals a.) What is the payback period in years

Answers

Answer:

5.24 YEARS

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

5240 / 1000 = 5.24 YEARS

Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of $50,000 in its bank account. The note has a three-year term, compounds 5 percent interest annually, and requires an annual installment payment on December 31. Cucina Corp. has a December 31 year-end and adjusts its accounts only at year-end. Required:

Answers

Question Completion:

Required:

1.Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable.

2.Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, (c) 2019, and (d) 2020.

3.If Cucina Corp.’s year-end were March 31, rather than December 31, prepare the adjusting journal entry it would make for this note on March 31, 2018?

Answer:

Cucina Corp.

1. Annual Amortization Schedule  

Year   Beginning       Interest Expense    Repaid Principal   Ending Notes

       Notes Payable  on Notes Payable                                      Payable

1        $50,000.00         $2,140.23               $15,842.25         $34,157.68

2        $34,157.68         $1,329.68               $16,652.80          $17,504.84

3        $17,504.84             $477.71                $17,504.77          $0.00

2. (a) January 1, 2018

Debit Cash $50,000

Credit Installment Note Payable $50,000

To record the issuance of the installment note.

December 31 of

(b) 2018

Debit Interest Expense $2,140.23

Debit Installment Note Payable $15,842.25

Credit Cash $17,982.48

To record the first installment repayment, including interest.

(c) 2019

Debit Interest Expense $1,329.68

Debit Installment Note Payable $16,652.80

Credit Cash $17,982.48

To record the second installment repayment, including interest.

(d) 2020

Debit Interest Expense $477.71

Debit Installment Note Payable $17,504.77

Credit Cash $17,982.48

To record the third and final installment repayment, including interest.

3. (b) 2018

Debit Interest Expense $625

Credit Interest Payable $625

To accrue interest expense for the year ($50,000 * 5% * 3/12)

Explanation:

a) Data and Calculations:

Installment note payable obtained on January 1, 2018 = $50,000

Period of note payable = 3 years

Interest rate = 5% compounded annually

Annual interest payment = December 31

Classification of cash flows [LO21-3, 21-4, 21-5, 21-6]
Listed below are several transactions that typically produce either an increase or a decrease in cash. Indicate by letter whether the cash effect of each transaction is reported on a statement of cash flows as an operating (O), investing (I), or financing (F) activity.
Transactions
1. Sale of Common Stock.
2. Sale of Land
3. Purchase of Treasury Stock
4. Merchandise Sales
5. Issuance of a long-term note payable
6. Purchase of merchandise
7. Repayment of note payable
8. Employee salaries
9. Sale of equipment at a gain.
10. Issuance of bonds
11. Acquisition of bonds of a another corporation
12. Payment of semiannual interest on bonds payable
13. Payment of a cash dividend
14. Purchase of a building
15. Collection of a nontrade note receivable (principal amount)
16. Loan to another firm.
17. Retirement of common stock.
18. Income taxes.
19. Issuance of short-term note payable
20. Sale of copyright

Answers

Answer and Explanation:

The classification is as follows:

1. This is the Financing activitiy

2. This is the investing activity

3. This is the Financing activity

4 This is an operating activity

5 This is the Financing activity

6 This is an operating activity

7 This is the Financing activity

8 This is an operating activity

9 This is an operating activity

10 This is the Financing activitiy

11 This is the investing activity

12 This is an operating activity

13 This is the Financing activitiy

14 This is the investing activity

15 This is the investing activity

16 This is the investing activity

17 This is the Financing activitiy

18 This is an operating activity

19 This is the Financing activitiy

20 This is the investing activity

Which of the following statements is the most correct?

a. A borrower's long-term debt typically has a higher interest rate than its short-term debt.
b. Debt that is infrequently traded (less liquid) typically has a lower interest rate than similar but highly traded debt.
c. Variable (floating) rate debt is more prevalent when long-term borrowing rates are low.
d. Variable (floating) rate debt should never be used by healthcare providers because it is too risky.
e. Fixed interest rate debt is more prevalent when long-term borrowing rates are high.

Answers

Answer:

A

Explanation:

i think it has been explain according to the option

Sybil, age 40, is single and supports her dependent parents who live with her, as well as her grandfather who is in a nursing home. She has AGI of $80,000 and itemized deductions of $8,000. What is the taxable income?

Answers

Answer:

$61,650

Explanation:

Calculation to determine the taxable income

Adjusted Gross Income (AGI) $80,000

Deduct Standard deduction (head of household) ($18,350)

Taxable Income $61,650

($80,000-$18,350)

Therefore the vthe taxable income is $61,650

Beech Company produced and sold 105,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $1,300,000; variable costs, $750,000; and fixed costs, $300,000. The following actual financial results are available for May.
Actual
Sales (105,000 units) $ 1,275,000
Variable costs 712,500
Fixed costs 300,000
Prepare a flexible budget performance report for May.
Beech Company
Flexible Budget Performance Report
For Month Ended May 31
Flexible Budget
Actual Results
Variance
Favorable/Un fav.
Sales
Variable Expense
Contribution Margin
Fixed Expense
Income from Operations
(Could you please show how to get the Flexible Budget)

Answers

Answer:

I will answer next time not this

A company's managers should almost always give serious consideration to making significant adjustments in its camera/drone strategies and competitive approaches when:

a. all or most of its competitors are using mostly different competitive approaches and therefore the marketplace is not big enough to accommodate all of the competitors.
b. all or most of its competitors are using mostly copycat competitive approaches that make it difficult for any of these companies to capture sales volumes and revenues big enough to earn profits large enough to meet investor-expected EPS, ROE, and stock price appreciation targets.
c. the number of camera and drone workstations the company has installed is NOT well above the industry-averages (as reported on pages 6 and 7 of the most recent Camera & Drone Journal).
d. the company's market share for action cameras has not been the largest for two straight years and when its EPS and ROE have also not been the highest in the industry for two straight years.
e. the company's operating profits per action camera sold are not substantially above the industry-average benchmarks in at least three geographic regions (as reported on p. 6 of the most recent Camera & Drone Journal),

Answers

Answer:

Hence the correct option is option b - All are most of its competitors are using mostly copycat competitive approaches that make it difficult for any of these companies to capture sales volumes and revenues big enough to earn profits large enough to meet investor expected EPS, ROE, and stock price appreciation targets.

Explanation:      

A company's management should nearly always give serious consideration to creating significant adjustments in its camera or drawn strategies and competitive approaches when all or most of its competitors are using mostly copycat competitive approaches that make it difficult for any of those companies to capture sales volumes and revenues large enough to earn profits large enough to satisfy investor expected EPS ROE and stock price appreciation targets.

The correct option for the given question is "all or most of its competitors are using mostly copycat competitive approaches that make it difficult for any of these companies to capture sales volumes and revenues big enough to earn profits large enough to meet investor-expected EPS, ROE, and stock price appreciation targets."

What is camera/drone strategies?

The camera/drone strategy involves the strategic approach of a company in which the company overlooks its competitors, their market, and strategies and modify its strategies accordingly.

If the competitors are using copycat competitive approaches and hence are making it difficult for the company to achieve sales volume and revenue and the expectations of the companies' investors regarding the EPS, ROE and stock price appreciation are difficult to meet, the company  should consider its camera/drone strategies and competitive approaches.

Therefore the correct option is b.

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Let illustrate what you you know about materiality concept.

Answers

Answer:

rfb rgab rko

its a study meeting of girls i am also girl here we only study boy were not allowed because he disturb here we only study its safe meeting of girl here we only study

Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure that has 70 percent debt with a pretax borrowing cost of 14 percent and 30 percent common equity. Compute the revised equity beta for Zonk based on the new capital structure.

Answers

Answer: 4.35

Explanation:

The revised equity beta for Zonk based on the new capital structure will be gotten as follows:

= 1.13 × [1 + (1 - 35%)][70% /30%]

= 1.13 × [1+(1-0.35)][0.70/0.30]

= 1.13 × [1 + 0.65][2.33]

= 1.13 × (1.65)(2.33)

= 4.35

Therefore, the revised equity beta for Zonk is 4.35.

The papilla supplies nourishment to the

Answers

Answer:

Papilla: Cells filled with capillaries that supply nourishment to the cells around it.

Which of these are good ways to find a buyer’s agent?

Answers

Answer:

1.Search online.

2.Interview agents.

Nick sees a commercial for a Brand X clothing company that depicts the wearers of the clothes out having a good time with friends. Although he doesn't particularly need new clothes, the commercial prompts him to buy a Brand X t-shirt. This illustrates a common.......... of advertising.

Answers

Answer:

Critique of

Explanation:

Advertising

This simply is used to give notice, pass informations, for notification etc. from a known source and it is delivered through a mass-mediated channel that is set up to persuade the masses.

The 3 main components of successful advertising includes information, reasoning, and emphases.

The critiques of advertising:

There are several critiques of advertising. It includes the fact that the society is wasting resources, companies manipulate people's tastes, it hinders competition because it creates the perception that products are more differentiated than they are, allowing higher assumptions or markups.

The 4 types of advertising criticisms includes the effect, taste, role, and appropriateness.

To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often require borrowers to clean up their short-term loans for a 30-45 day period during the year.

a. True
b. False

Answers

True I’m maybe wrong but ye I think it’s true

Roddie is 30 years old. He was demoted from his job as a manager at Big Trucks, a company with 10,000 employees. He was replaced by Bambi, a 45-year-old. Roddie was told that he was a little too young for management. Under the Age Discrimination in Employment Act (ADEA), what are Roddie's options

Answers

The option available for Roddie would be "Roddie has no options under ADEA."

To understand this, we need to go through the terms of 'Age Discrimination Policy in Employment Act;'

This Act covers the cases of employees or workers aging either 40 or above who have suffered age-based discrimination.The people aging under 40 are not covered under this act and hence, the benefits can not be reaped by them in any situation. This law doesn't allow the process of giving preference to an older employee over the younger to be considered illegal.

Hence, Roddie has no available options under ADEA as he is below 40(in fact only 30 years old) and he cannot claim under ADEA for justice.

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Susan uses her office building as collateral to access credit and take out a loan from the bank. Because of the loan, she can hire three people to help her manage her business.

Answers

Answer:

property rights

Explanation:

edmentum/plato

On January 1, 2021, G Corp. granted stock options to key employees for the purchase of 87,000 shares of the company's common stock at $26 per share. The options are intended to compensate employees for the next two years. The options are exercisable within a four-year period beginning January 1, 2023, by the grantees still in the employ of the company. No options were terminated during 2021, but the company does have an experience of 6% forfeitures over the life of the stock options. The market price of the common stock was $32 per share at the date of the grant. G Corp. used the Binomial pricing model and estimated the fair value of each of the options at $8. What amount should G charge to compensation expense for the year ended December 31, 2021

Answers

Answer:

the  compensation expense for the year is $327,120

Explanation:

The computation of the compensation expense for the year is given below:

= (Number of stock options to be purchased × (1 - forefeiture percentage) × fair value per option)) ÷ 2

= (87,000 shares × (1 - 0.06) × $8)) ÷ 2

= $327,120

Hence, the  compensation expense for the year is $327,120

The same should be considered and relevant too

Old Tired Professor Mullen, Inc. has $20,000 of ending (EI) finished goods inventory. If beginning (BI) finished goods inventory was $10,000 and Cost of Goods Sold (CGS) (OUT) was $40,000, how much would the Old Tired Professor report for Cost of Goods Manufactured (CGM) (IN)

Answers

Difference between beginning and ending CoG: 20,000-10,000 = 10,000

Difference + sold:

10,000 + 40,000 = 50,000

Answer: $50,000

Buffet Company was organized in January 2018 and has 1,000 shares of $200 par value, 10 percent, noncumulative preferred stock outstanding and 3,000 shares of $1 par value common stock outstanding. Dividends declared and paid each year are $10,000 in 2018, $15,000 in 2019, and $75,000 in 2020. During 2020, the dividends that must be paid to the preferred and common stockholders, respectively, total _____. multiple choice $35,000 and $40,000 $75,000 and $0 $20,000 and $55,000 $100,000 and $0

Answers

Answer:

$20,000 and $55,000

Explanation:

Calculation to determine the dividends that must be paid to the preferred and common stockholders, respectively

PREFERRED

Preferred stock holders = 1,000 × $200 × 10%

Preferred stock holders=$20,000

COMMON STOCKHOLDERS

Common stockholders =$75,000-(1,000 × $200 × 10%)

Common stockholders = $75,000 - $20,000

Common stockholders = $55,000

During 2020, the dividends that must be paid to the preferred and common stockholders, respectively, total $20,000 and $55,000

BWCT is a mining company that operates the world's exclusive mining site to harvest a new metal. Assuming it is a monopoly, which of the following statements is least likely concerning entry and exit in this market currently?
a. There is predatory price cutting being done by BWCT to keep new companies out of mining.
b. There is tight control over a key resource by BWCT.
c. There is an economy of scale at work making it cheap to produce more products.
d. There are government regulations enabling firms to enter the market easily.

Answers

Answer:

D; There are government regulations enabling firms to enter the market easily

Explanation:

Assuming BWCT as a monopoly,  statements is least likely concerning entry and exit in this market currently there are government regulations enabling firms to enter the market easily. Thus the correct answer is D.

What is a monopoly?

Monopoly refers to a single rule of the seller in the market. This is a type of busines structure where there are single busines that control the ownership of the market and restrict entries to give competition.

This monopoly structure of business led to high barriers to entry as the complete market is controlled by a single business entity which restricts others to enter. As there is no competition in the market the firms involved in monopoly gain more profit maximization.

The discrimination of price is also controlled as there is a single seller who sold the products and there are many buyers. So the seller can change the price of the product at any time.

Therefore, option D There are government regulations enabling firms to enter the market easily is the appropriate answer.

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#SPJ2

Copy equipment was acquired at the beginning of the year at a cost of $50,320 that has an estimated residual value of $4,600 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,143,000 copies. This year, 288,000 copies were made. a. Determine the depreciable cost. $fill in the blank 1 b. Determine the depreciation rate. Round your answer to two decimal places. $fill in the blank 2 per copy c. Determine the units-of-output depreciation for the year

Answers

Answer:

Annual depreciation= $11,520

Explanation:

Giving the following information:

Purchase price= $50,320

Salvage value= $4,600

Estimated copies= 1,143,000

First, we need to calculate the depreciable value:

Depreciable value= purchase price - salvage value

Depreciable value=  50,320 - 4,600

Depreciable value= $45,720

Now, the depreciable rate:

Depreciable rate= depreciable value / /useful life of production in copies

Depreciable rate= 45,720/1,143,000

Depreciable rate= $0.04 per copie

Finally, the annual depreciation:

Number of copies= 288,000

Annual depreciation= 0.04*288,000

Annual depreciation= $11,520

Opportunity cost is the amount of increase or decrease in cost that would result from the best available alternative to the proposed use of cash or its equivalent.
a) true
b) false

Answers

The given statement is "False". A further explanation is provided below.

Whenever a decision had been made above another, the profit losses are determined as an Opportunity cost. This same notion is merely beneficial as a refresher or recalls to consider all acceptable possibilities well before a person decides.Opportunity costs aren't just an equity account method and hence are not included throughout a company's financial statements. This is simply a notion of the financial assessment.

Thus the above is the right answer.

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A retail store sold gift certificates that are redeemable in merchandise. The gift certificates lapse one year after they are issued. How would the deferred revenue account be affected by each of the following?

Redemption of certificates Lapse of certificates
a. Decrease Decrease
b. Decrease No effect
c. No effect Decrease
d. No effect No effect

Answers

Answer:

The correct option is b. That is, the deferred revenue account will be affected as follows:

Redemption of certificates                   Lapse of certificates

b. Decrease                                                        No effect

Explanation:

The given options in the question are clearly stated as follows:

Redemption of certificates                   Lapse of certificates

a. Decrease                                                        Decrease

b. Decrease                                                        No effect

c. No effect                                                         Decrease

d. No effect                                                         No effect

The explanation of the answers is now provided as follows:

When a gift certificate is redeemed, it implies that merchandise has been given to the holder of the gift certificate in return. This will therefore decrease the deferred revenue account.

However, the moment a gift certificate is lapse; it is no longer possible redeem it for merchandise. That is, no merchandise has been given to the holder of the gift certificate in return. This therefore indicates that that the deferred revenue account will not change.

Therefore, the correct option is b. That is, the deferred revenue account will be affected as follows:

Redemption of certificates                   Lapse of certificates

b. Decrease                                                        No effect

Preparing a Budgeted Income Statement Oliver Company provided the following information for the coming year: Units produced and sold 160,000 Cost of goods sold per unit $6.30 Selling price $11 Variable selling and administrative expenses per unit $1.10 Fixed selling and administrative expenses $423,000 Tax rate 33 % Required: Prepare a budgeted income statement for Oliver Company for the coming year. Round all income statement amounts to the nearest dollar.

Answers

Answer and Explanation:

The preparation of the income statement is presented below:

Sales $1,760,000 (160,000 × $11)  

Less: cost of goods sold ($1,008,000) (160,000 × $6.30)  

Gross margin $752,000

Less: Variable selling and administrative expenses ($176,000) (160,000 × $1.10)  

Less: Fixed selling and administrative expenses ($423,000)

Operating income $153,000

Less: INcome taxes ($50,490)

Net income $102,510

The Rolling Department of Oak Ridge Steel Company had 3,600 tons in beginning work in process inventory (50% complete). During July, 59,500 tons were completed. The ending work in process inventory on July 31 was 3,000 tons (40% complete).
What are the total equivalent units for direct materials for July if materials are added at the beginning of the process?

Answers

EuudbsjsjNxbhfjejeheheheheheyeyeheheheheheyeyeyeyeueueeeeeee

a face value of $450 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective interest rate established by the market was 8%. Assuming that Auerbach issued the bonds for $388,844,955, what interest expense would it recognize in its 2021 income statement

Answers

Answer:

$7,776,899

Explanation:

Calculation to determine what interest expense would it recognize in its 2021 income statement

Interest expense= $388,844,955 * 8% * (3 months/12 months)

Interest expense= $31,107,596.4 * 3/12

Interest expense= $7,776,899

Therefore the interest expense that would be recognize in its 2021 income statement is $7,776,899

Áp dụng một trong các phương pháp quản trị chất lượng để phân tích thực trạng công tác quản trị chất lượng tại một tổ chức/doanh nghiệp cụ thể.

Answers

Answer:

Bench marking and Continuous improvement.

Explanation:

Quality management is essential for any business. It is necessary to inspect quality of goods before they are sold to customers so that faulty products are identified at an earlier stage. There are various quality management techniques which are used by businesses. Kaizen, Six sigma, and zero defect programs are various total quality management techniques. There should be strict inspection of finished goods before they are dispatched to the customers.

As the operations manager, you prefer to keep a constant workforce and production level, absorbing variations in demand through inventory excesses and shortages. Demand not met is carried over to the following month. Assuming you currently have 23 workers, what is the shortage cost for May

Answers

Answer:

Shortage cost for May is $71,000

Explanation:

The expected demand for the month of May is 5000 units.

Shortages for month are carried to next month.

Shortage cost is $10 per month.

(Working days per month x hrs/day x # of workers)

20 days * 8 hours * 23 workers = 3680

Jan :  3680 - 3500 = +180

Feb : 3680 + 180 - 4500 = -640

Mar : 3680 - 640 -6000  = -2980

Apr : 3680 - 2980 -6500 = 5780

May : 3680 - 5780 -5000 = 7100

Other Questions
which option is correct n why?6. The projectile motion is a good example ofA. one dimensional motion.B. two dimensional motion.C. three dimensional motion.D. four dimensional motion. If the following paragraph were in a personal essay, where would it go?For the first time in my life, I felt the heat ofembarrassment creep up my neck. As uncomfortable as Ifelt, making that huge mistake in front of everyone I caredabout taught me to accept my failures and learn fromthem. There have been many opportunities for me to learnfrom my mistakes since then.A. In a body paragraphB. In the concluding paragraphC. In the introductory paragraphD. None of the above one way viruses may be spread from person to person What is the formula for resultant force Which of the following was not provision of the Monroe doctrine? Please help me immediately ( no links )) what is the value of k if the function f(x)=(2-k)/(5x+k) if the graph of the function passes through the point (-1,1/2) 1. What is another name for artificial selection?genotypic selectionkin selectionselective breedingadaptive evolution pasagot po please need lang po Is the collection of nice nepali songs a set which is a stretch of an exponential decay function algebra 1 Open the graphing tool one last time. Compare the graphs of y=log (x-k) and y=log x+k in relation to their domain, range, and asymptotes. Describe what you see. can i have a summary analysis of poem repair by finuala dowling Why do people disrespect or break the law? What is the numerical coefficient of the first term Why are there many separate ecosystems in a rain forest? A. There are three different seasons in a rain forest . B. Rain forests have very few primary consumers.C. Different conditions support different organisms.D. There are three levels of consumers in rain forests. The rectangular top of a small box has dimensions of 140 mm by 230 mm.How long (in centimeters) would a ribbon need to be to go all the way around the edge of the top of the box?A.) 740 cmB.) 74 cmc.) 37 cmD.) 7,400 cm Philosopher Adam Smith is known as the a. father of communism.b. father of capitalism.c. founder of socialism.d. founder of utopianism. Porter's study identified components of the German textile and apparel sector: cotton, wool, synthetic fibers, sewing machine needles, and textile machinery. These were all successful industries in a single country that grouped into related industries. This grouping is an example of a(n)ples of basic factors of production as identified by Porter Vehicle A was parked alongside the right curb just behind vehicle B. The driver of vehicle Acame out of the dry cleaners and hung the dry-cleaned clothes over the left rear window. Thedriver entered vehicle A and checked for traffic in the rearview mirror. Seeing none, the driverbegan to move the vehicle away from the curb and into the traffic lane. Vehicle C, traveling inthe same direction and coming from behind vehicle A, crashed into the drivers side of vehicleA. The impact pushed vehicle A into the left side of vehicle B.How could the collision have been avoided? My brothers mi --- (live) in Muscat but they work in Salalah