The following graph shows wages relative to the cost of capital in England and France from 1580 to 1830. Based on this information, which of the following statements is correct? 2.0 15 England France 0.5 0.0 1590 1600 1620 1640 1660 1680 1700 1720 1740 1760 1780 1800 1620 https://drive.google.com/file/d/tdQU6uHp6drApgEm4Bm KARICZOSBU2XB/view?usp=sharing e O In the early 1800s, the nominal wage level was 50-70% higher in England than in France. O The rise in relative wage level in England would have encouraged innovations in more labour-intensive technologies. O The rise in the relative wage level in England is solely attributed to the rise in the absolute wage level. O On a graph with the number of workers on the horizontal axis and the amount of capital on the vertical axis, the graph for England represents a steepening of the isocost lines. Wages relative to the cost of capital

What is $31.54 U.S. Dollars in Canadian Dollars? ($1 U.S. Dollar = $1.32 Canadian Dollars)

Qw.02. Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable Sales Cost of goods sold Accounts receivable Numerator: 2024: 2023: Numerator: 2024 $ 463,414 234,107 22,522 2024: 2023: 2022: 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? Numerator: I 1 1 1 Trend Percent for Net Sales: 2023 $ 306,897 155,099 17,861 1 1 1 I 1 2022 2021 $ 249,510 $ 175,095 128,255 89,348 10,226 17,042 Trend Percent for Cost of Goods Sold: Denominator: 2024: 2023: 2022: 2021: 2020: Is the trend percent for Cost of Goods Sold favourable or unfavourable? 7 Denominator: 7 1 Trend Percent for Accounts Receivable: Denominator: 2022: 2021: 2020: Is the trend percent for Accounts Receivable favourable or unfavourable? = E # = S U = E = = 2020 $ 129,700 64,850 8,871 Trend percent Trend percent Trend percent 1% %6 % % % % 196 196 56…

Please explain how the bolded option is the correct answer