The accompanying records are charged when direct work is recorded are work-in-process. This is the right other option. Work-in-process stock is charged with all the assembling costs brought about in the period and attributed with the expenses appointed to the units finished and moved to the Completed Merchandise stock.
Direct labor is charged to the Work In Cycle stock record and circuitous work is charged to the Assembling Above account. Ordinarily, an obligation record, for example, Pay rates Payable is credited.
At the point when the period ends, the gross compensation for each immediate work representative is determined and added along with the others. The diary section to record the absolute immediate work is to charge the Work-in-Cycle record and credit the Pay rates and Wages Payable record.
Hence option (A) is correct.
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Scenario C. Parker Brothers is a high-end furniture manufacturer located in the Midwest. Mr. Herbert "Bud" Parker started the firm as a young man in the 1960s. The firm has grown, but with growth, it has never forgotten the vision of Mr. Parker: to be creative in all that the firm does while rewarding employees who show innovation and entrepreneurial leadership. Each year the Budding Genius Award is given to the employee who comes up with the best design or marketing idea. New employees are told of the organization's history of product innovation and are taken on a tour of the "Wall of Parker Legends," where pictures of outstanding employees are hung with descriptions of their accomplishments. Managers at the firm encourage their team members to take risks in proposing new ideas. The company prides itself on its product leadership. The stories about the "Parker Legends" and the organization's most innovative designs are all clues to understanding the A) organization culture. B) company's macroenvironment. C) organization's competitive environment. D) collective competitive intelligence. E) organizational structure.
Understanding the culture of an organization can be gleaned through tales of the "Parker Legends" and its most inventive inventions.
Organizational Culture and Identity examines the literature on organizational culture and explains why the phrase has been used so frequently. Martin Parker offers other perspectives on organizations and culture, suggesting that they should be viewed as "fragmented unities" in which members sometimes identify as a collective and other times as a divided group.
The beliefs, standards, and behaviors that make up the organization's culture have an impact on and direct the conduct of every team member. Think of it as the range of traits that characterize your company. A great workplace culture highlights positive traits that lead to improved performance, whereas a dysfunctional workplace culture brings out flaws that can hinder even the most successful businesses.
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a. A single commercial bank can safely lend only an amount equal to its excess reserves, but the commercial banking system as a whole can lend by a multiple of its excess reserves because
multiple choice
the banking system as a whole has more funds than any single commercial bank.
this is the legal restriction on banks, but it does not apply to the banking system as a whole.
one bank loses reserves to other banks, but the banking system as a whole does not.
one bank gains reserves, but the banking system as a whole loses these reserves.
b. What is the monetary multiplier?
multiple choice
1 + reserve ratio
1/reserve ratio
1 - reserve ratio
Reserve ratio - 1
c. The monetary multiplier is
multiple choice
inversely related to the reserve ratio.
directly related to the reserve ratio.
one minus the reserve ratio.
one plus the required reserve ratio.
Commercial banking system as a whole can lend by a multiple of its excess reserves because one bank loses reserves to other banks, but the banking system as a whole does not.
What is the commercial banking system?A commercial bank is a type of financial organisation that offers its clients services including loans, CDs, savings accounts, overdraft protection, etc. These organisations generate revenue by making loans to people and collecting interest on those debts.Public sector banks, private sector banks, and foreign banks are the three categories of commercial banks.Commercial banks are organisations that take deposits from the general public and provide loans with the intention of making a profit. Public sector, private sector, foreign banks, and RRBs are the basic categories into which commercial banks can be categorised. The government owns the bulk of the stock in public sector banks.Explanation :
a ) one bank loses reserves to other banks, but the banking system as a whole does not.
b ) Money multiplier = 1 / R
c ) The money multiplier has an inverse relationship with the Legal Reserve Ratio (LRR)
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after a series of layoffs, the ceo meets with employees to explain how the company plans to move forward and to ease their concerns.
The CEO's goal in meeting with employees after a series of layoffs is to provide reassurance and to share the company's plan for moving forward.
The CEO should be prepared to answer questions, address concerns, and provide an understanding of the company's strategy for the future. The CEO should be open and honest about the difficult decisions that were made, and how the company will be positioning itself for success.
The CEO should also be prepared to address how the company plans to help those affected by the layoffs, such as offering severance packages and assistance in finding new jobs. The meeting should be an opportunity for the CEO to show that the company cares about its employees, even during difficult times.
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g when calculating gdp which of the following is an example of a final good or service group of answer choices paint purchased by toyota to paint their new fleets. vegetables bought by a restaurant owner from a wholesale food distributor. a pgcc student buys a new economics textbook.
vegetables bought by a restaurant owner from a wholesale food distributor.G = total government expenditureexpenditures
The main advantage of using a distributor is simplicity. Distributors enable you to access international markets while avoiding logistics issues and many trade-related risks.
G = total government spending, which includes government employee pay, road construction/repair, public schools, and military spending. I = the total value of a country’s investments in capital equipment, inventory, and housing. NX = net exports, or total exports minus total imports.
As a result, GDP is defined as GDP = Consumption + Investment + Government Spending + Net Exports, or more succinctly as GDP = C + I + G + NX, where consumption © refers to private-consumption expenditures by households and nonprofit organizations, investment (I) refers to business expenditures, and government spending (G) refers to government spending.
GNP stands for gross national product and indicates the entire worth of goods and services generated by a country’s population throughout a fiscal year.
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match the terms to their definition. 1 . contributing to the church one-tenth of the resources god has given you, including your income responsible 2 . accountable, reliable, dependable tithing
Tithing – Give the church one-tenth of the resources God has given you, including your income.
Giving a portion of your income and financial resources to the church is called tithing. Specifically, it means giving up a tenth of everything God has given you, including your salary.
The word “responsible” describes the quality of being trustworthy, trustworthy, and accountable. It means being able to take responsibility for your actions and even keep your promises.
Being responsible for paying to tithe means donating a tenth of one's wealth to the church as responsible stewards of human well-being.
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fill in the blank: during your project, you monitor the timelines and efficiency of your team. you collect data on how many tasks they complete, their quality of work, and the time it takes to complete the tasks. all of these are examples of using data to .
c. understand performance, You keep an eye on your team's effectiveness as the project progresses. You keep track of the number of jobs they finish. These are all instances of using data to analyse performance.
An organization's business plan may include temporary tasks that are intended to provide outcomes for the firm. These initiatives may be administrative, functional, or internal. A project is a collection of tasks that must be finished in order to achieve a certain goal. A project may alternatively be described as a collection of inputs and outputs necessary to accomplish a certain objective. Projects can be handled by one person or one hundred, and they can be simple or complicated. The Project Management Institute (PMI) defines it as a short-term endeavour finished to produce an original good, service, or outcome. Building a house is an example of a project since it involves a temporary collection of construction tasks to produce a one-of-a-kind residence.
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refer to the accompanying figure, which shows the market for cups of coffee. what might cause a shift from the original supply curve to the new supply curve?
Option(b), a new technology for using less coffee beans to produce a nice cup of coffee.
What would alter the location of the supply on the supply curve?The supply curve may change in response to a variety of factors, including shifts in production costs (such as those of labor and raw materials), technological developments, the intensity of competition among sellers and manufacturers, and the regulatory and tax environment.
A market imbalance is created by a shift in the supply curve brought on by a change in supply, which is then corrected by a movement in prices and demand. When the change in supply is greater, the supply curve shifts to the right; when it is smaller, it shifts to the left.
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reen Company reports depreciation expense of $60,000 for Year 2. Also, equipment costing $200,000 was sold for a $7000 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the cash received from the sale of the equipment At December 31 Equipment Accumulated Depreciation-Equipment Year 2 $ 210,000 508,000 Year 1 $ 910,000 600,000 Multiple choice 560.000 $41.000 $41,000 $108,000 $55,000 $48.0
$55,000 will be the cash received from the sale of the equipment at depreciation expense of $60,000 for Year 2.
given data:
depreciation expense = $60,000
equipment costing = $200,000
gain profit = $7000 gain
time period = 2 years
At December 31 Equipment cost for year 2 = $710000
At December 31 Equipment cost for year 1 = $910000
At December 31 Accumulated Depreciation-Equipment for year 2=508,000
At December 31 Accumulated Depreciation-Equipment for year 1=600,000
Accumulated depreciation expense till year 1 = 600000
Add: Depreciation expense for year 2 = 60000
Total accumulation before equipment sale = 660000
Less: Accumulated depreciation after equipment sale = 508000 Accumulated depreciation on equipment sold = 152000
Cost of Equipment sold = 200000
Less: Accumulated Depreciation on equipment sold = 152000
Book Value of Machine = 48000
Add: Gain on Sale = 7000
Cash Received from sale of equipment = 55000
An asset that depreciates is one that has a finite useful life and whose value is likely to decrease throughout the course of its usage. Depreciating assets include instruments, machinery, and other things like computers and literature. A form of cost called depreciation is used to lower an asset's carrying value. Rather of being a specific expenditure, it is planned as an expected expense. Depreciation may be seen on the cash flow statement, balance sheet, and income statement.
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it is estimated that there are approximately 500,000 addicts and that narcotics addicts commit over 50 million crimes per year. the overall cost of drug abuse to the u.s. economy is estimated to be $46.9 billion in 1980. since 1950, the type of crime committed by addicts has changed from nonviolent, petty theft offenses to more violent crimes involving the use of firearms
The given passage describes the serious conditions of situations in the USA where the major crimes are fire assault and drug abuse
The statement is True.
Significant public health issues include alcohol and drug addiction. They have an impact on the person, their family, and the community. 1 The prevalence of drug and alcohol addiction in the US is illustrated by the following statistics. BetterHelp is used by over 3 million users. What they offer is: 19.3 million adults had SUD in 2019.Globally, 35 million people have drug use disorders, but only one in seven of them receive treatment, according to the 2019 World Drug Report. 26 June 2019 in Vienna The negative effects of drug use on one's health are more severe and pervasive than previously believed, according to more accurate research and data.To learn more about drug abuse here
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it is estimated that there are approximately 500,000 addicts and that narcotics addicts commit over 50 million crimes per year. the overall cost of drug abuse to the u.s. economy is estimated to be $46.9 billion in 1980. since 1950, the type of crime committed by addicts has changed from nonviolent, petty theft offenses to more violent crimes involving the use of firearms
True
False
hich of the following is NOTcharacteristic of monetary policy?A. Recognition lag.B. Operational lag.C. Administrative lag.D. All of the above are characteristic of monetary policy.
Monetary policy refers to the actions taken by a central bank to control the money supply and interest rates in order to achieve macroeconomic goals such as price stability and full employment.
Explain about monetary policy:Option D is the correct answer All of the above are characteristic of monetary policy.All of the options A, B and C are characteristics of monetary policy. Recognition lag refers to the time it takes for policymakers to identify a problem that requires a policy response.Operational lag refers to the time it takes for policy actions to have an impact on the economy.Administrative lag refers to the time it takes for laws and regulations to be made and implemented.The main tools of monetary policy include setting interest rates, buying and selling government bonds, and manipulating the money supply.Interest rates are the cost of borrowing money, and they are closely tied to the value of money. When interest rates are high, borrowing is more expensive, and people and businesses are less likely to borrow and spend.This can help to curb inflation, as there is less demand for goods and services. When interest rates are low, borrowing is cheaper, and people and businesses are more likely to borrow and spend. This can help to stimulate the economy, as there is more demand for goods and services.To learn more about monetary policy refer to:
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Which of the following is TRUE?
a. profit-maximizing behavior occurs only in perfectly competitive markets
b. additional units of a good should be produced as long as MR
c. the profit-maximizing solution occurs where MR=MC
d. the profit-maximizing solution occurs where MR>MC
the profit-maximizing solution occurs where MR=MC
The marginal cost equals the marginal revenue.
In a market with ideal competition, which of the following is accurate?A single unit of a good or service cannot be distinguished from additional units on any grounds. The best way to think of perfect competition is as a hypothetical, unattainable, but potentially insightful, extreme.
What is accurate for a market MCQ with perfect competition?A big number of vendors or businesses are a necessary requirement for ideal competition. The second essential component of an ideal market is homogeneous commodities. All companies in the sector produce identical, homogenous goods. Was this response of any use.
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applying what you have learned this week, tell us specifics about one of the attributes of the getta byte software - new billing system project.
After reviewing the Getta Byte software project job and completing the drop and drag job, some components were left out. The main goal is to replace the current billing system with an online billing system.
Implementing a new billing system can make the process faster, more accurate, and potentially save labor costs. There are also specific timelines for when these goals should be achieved.
The basics of creating a new accounting system are explained, and the expectations for this system are relatively clear, but there is no discussion or details of who is responsible for what. I think this needs to be addressed and sorted out so that everyone understands what needs to be done and what is expected of them for a successful implementation of the new billing system.
There are some risks that have been addressed, but I don't think all risks have been addressed. Risks associated with network issues during transmission and data transfer risks were discussed. It could be more specific. The timeframe specified for completion of the new billing system also carries risk. Budget is another matter. When working on a budget, there is always the risk that there may not be enough to bring everything up to standard. There is the risk that expectations will not be met, or that employees will not understand the new system, resulting in lost productivity.
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woofshirt sews its own products, but must first buy the raw materials. woofshirt purchases fabric from a large textile reseller. the chos have several questions about the relationship between small and large businesses. which of the following are accurate statements for you to make? check all that apply. both the fabric manufacturer and woofshirt benefit from transactions between the two companies. the distributor is doing woofshirt a favor by selling fabric to a small business. as an entrepreneurial venture, woofshirt will always compete with, and never collaborate with, bigger businesses. buying fabric from the distributor is an example of how small businesses can be important to larger businesses.
The relationship between small and large businesses is mutually beneficial. Small businesses like woofshirt have their own unique ideas and perspectives that can benefit larger companies.
Large businesses, on the other hand, provide resources such as fabric that small businesses need to create their products. Buying fabric from a distributor is an example of how small businesses can be important to larger businesses. Without small businesses, larger businesses would not have access to the unique products and ideas that small businesses have to offer. At the same time, larger businesses are essential to small businesses, providing them with the resources they need to succeed.
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your current job at gearup is in the accounting department. how can you learn about the company's information systems? select an option from the choices below and click submit.
A member can reserve short- and medium-distance private charter flights through Wheels Up for an hourly charge that is all-inclusive.
How will you start putting GearOn's enhanced security into practice?Create a security policy for the entire firm. What technical security measures will you implement to enable GearOn personnel to safely access the database that houses members' credit card information
The first stage in information security is what?Knowing your company inside and out is the first step towards information security. It would be easier for you to recognize dangers and relevant legislation in the sector if you can define your firm and its operations clearly.
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Employing a database of customer behavior for the marketing and communications planning process helps a company to ____________.focus on customers or prospects
Employing a database of customer behavior for the marketing and communications planning process helps a company to focus on prospects.
What exactly do business prospects mean?A prospect is a person or business that meets the requirements set forth by the seller in order to be a possible client. A prospect is a potential client, to put it simply. Your company's client profile will help you create a list of requirements that specify the kind of person the product or service you are trying to market is most suitable for.
Do you mean opportunity by prospect?The prospect is much further along than an early-stage opportunity. A chance to sell a consumer is what is meant by the idea of an opportunity; it is not a given. A prospect who has completed the BANT process is essentially guaranteed. A prospect who has a problem, is motivated to find a solution, and fits the bill is an opportunity.
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The primary purpose of the _____ is to promote and enforce standards of truth, accuracy, taste, morality, and social responsibility in advertising.
The Advertising Standards Authority's (ASA) principal goal is to promote and enforce advertising standards of truth, accuracy, taste, morality, and social responsibility.
The ASA works to make sure that any type of advertising in the United Kingdom meets the standards set out by the Committee of Advertising Practice (CAP), which is the body responsible for writing the codes of advertising practice. The ASA is the independent regulator of advertising across all media, including television, radio, print, online, and social media. The ASA's primary focus is on preventing misleading and offensive advertisements. It has the power to act on complaints from consumers and also keeps an eye out for any advertisements that may be in breach of the CAP codes. The ASA can require an advertiser to remove, amend, or discontinue an advertisement if it is in breach of the codes.In addition to its enforcement role, the ASA also provides advice and guidance to advertisers and media channels, as well as carrying out research into public attitudes towards advertising. It works closely with industry bodies, such as the CAP and the Broadcast Committee of Advertising Practice (BCAP), to ensure that the UK's advertising standards remain high.
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the production possibilities curve is used to explain the concepts of scarcity and opportunity cost microeconomics
The PPC can be used to show the ideas of scarcity, opportunity cost, efficiency, inefficiencies, economic growth, and contraction.
How does microeconomics use a production possibility curve?A graphic representation of the most effective way to produce a pair of items is called the production possibilities curve in economics. When resources are diverted to producing more of one good and less of another, the points on the curve represent how much of each good will be produced.
Are the production possibility curves for scarcity and choice equally explained?The choice problem arises when an economy must choose which good to create and in what quantities. A production possibility border illustrates this challenge. Either more capital or more consumer items should be produced, depending on the economy. The decision must be made because of scarcity.
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real gdp is the value of all goods and services produced in a given year in prices.
Real gross domestic product (GDP) is a measure of an economy's output of all products and services over the course of a year, adjusted for inflation.
Briefing:-Base-year prices are used to express real GDP. It is also known as GDP in constant prices, GDP that has been adjusted for inflation, and GDP in constant dollars.
Real GDP is it current year or base year?Real GDP is calculated as the product of all goods' base year prices and current year quantities. 2006: (7*400) + (8*225) + (10*175) = 2,800 + 1,800 + 1,750 = $6,350.
What is GDP in actual terms?Gross domestic product, or GDP.
What advantage does utilizing actual GDP have?The importance of GDP can be attributed to the information it provides regarding the size and health of an economy. Real GDP growth is frequently employed as a gauge of the state of the economy as a whole. Real GDP growth is generally considered a positive indicator of the health of the economy.
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you have been assigned to a project and have been asked to help develop the project charter. you need to identify any risks, assumptions, and constraints that are the result of the current environment. which of the following should be considered?
The project charter is one of the first tasks of a project manager ahead of the new project.
What is a Project Charter?It is a formal announcement of the project's selection and approval that also gives the project manager the go-ahead to complete the project's goals while utilising organisational resources.
Describe risks. Anything that could delay or prevent a project from succeeding is considered a risk, and it is crucial for the project sponsor, project manager, and core team to be aware of these possibilities. Project managers and other stakeholders that are involved in the project can better comprehend its goals thanks to the project charter.
It outlines the project's success, sets timeframes, and includes details on the budget and recognised dangers. The project charter outlines each stage of the project and is the foundation for project planning.
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domestic network configuration or the organization of a company's production and distribution within a single country
Domestic network configuration or the organization of a company's production and distribution within a single country is called domestic supply chain
Domestic supply chain and domestic logistics are terms used to describe the configuration or structure of a company's production and distribution within a single nation. The movement of a good or service from the producer to the final user inside a nation is referred to as the "system of activities, organisations, resources, and information. Purchasing, production, logistics, warehousing, transportation, and distribution are all included in domestic supply chain management.
Domestic supply chain management aims to enhance the movement of products, services, and information within the nation in order to boost productivity, save costs, and raise customer satisfaction. This may entail utilising technology to enhance supply chain visibility and control, such as inventory management and transportation management systems.
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occurs when we become so preoccupied with other demands that we simply mimic or model the behavior of others.
occurs when we become so preoccupied with other demands that we simply mimic or model the behavior of others is Social Default.
The context suggests certain default effects. The normative option (what others are doing), for instance, may be taken instinctively in social circumstances as a social default effect. Thus, even if they don't think the other person is the more competent person, people are more likely to choose what they see other people choosing. Additionally, people are more likely to regard decisions that need little justification as defaults. For instance, denying inmates parole is the default decision made during parole hearings.
To base a decision on explicit evaluations may require too much cognitive effort if an agent is apathetic or torn between possibilities. The default heuristic, which states simply "if there is a default, do nothing about it," may then be used in place of the assessments to make a decision. In the area of social default effects, evidence is presented in favor of this cognitive effort explanation. Participants were more likely to select one of two snacks that they observed a prior participant select when they were distracted by a taxing concurrent task. This social default effect was diminished by increasing the quantity of snacks received in response to the choice.
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30. Refer to the figure above. Which of the graphs depicts a short-run equilibrium that will encourage the entry of other firms into a monopolistically competitive industry? a. panel a b. panel b c. panel c d. panel d
Panel C graphs will depicts a short-run equilibrium that will encourage the entry of other firms into a monopolistically competitive industry.
Option B is correct.
What is a company's short-run equilibrium?In the short term, a company is in equilibrium when it wants to maximize profits or minimize losses and has no tendency to expand or contract its output. The short-run is a time frame during which the company can alter its output by adjusting the variable production factors.
What brings about short-term equilibrium?Real GDP demand and GDP supply must be equal to achieve short-term macroeconomic equilibrium. This occurs precisely on the long-run aggregate supply curve where the AD curve intersects the short-run average supply curve on a graph.
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(Table 69-3: Employment and Output) In the table, if the price of a bushel of wheat is $10 and the price of labor (wage) is $120, then the profit-maximizing quantity of labor is: Table 71-1: Marci's Monopsony (Table 71-1: Marci's Monopsony) Marci is a monopsony employer of bakers. The table shows how many hours of labor will be supplied at a variety of wages. When the wage is increased from $4 to $5, the marginal factor cost of labor is equal to:
When the price of a bushel of wheat is $10 and the price of labor (wage) is $120, then the profit-maximizing quantity of labor is four.
A labor hiring firm maximizes profits by hiring where the worker's Marginal Revenue Product is equal to or slightly higher than the wage rate.
Labor Marginal Revenue Product = Product Price * Labor's Marginal Product
It should be noted that when the labor's Marginal Revenue Product is equal to or slightly greater than the wage rate, profit is maximized. The marginal revenue product of fourth labor is slightly higher than the pay rate. As a result, he will need to hire four individuals.
So, here profit maximizing quantity will be four as it can be seen from the table attached below.
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suppose the marginal profuct of labor is 8 and the marginal capital is 2. if the wage rate is $4 and the price of capital is $2 then in order for it to minimalize costs the firm should use
Option b is correct. If the wage rate is $4 and the price of capital is $2, the firm must use more labor and less capital to minimize costs.
To calculate the marginal product of work, simply divide the change in total production by the change in work. This is a feature of the production function and depends on the amount of physical capital and labor already employed. The marginal product of a factor of production is generally defined as the change in output resulting from a unit or negligible change in the amount of that factor used while keeping constant the use of all other inputs in the production process.
The marginal product of labor (MPL) is the increase in total output of a firm if the firm adds one unit of his labor and the factors of production remain the same. A unit of work typically represents the work of a single employee within an organization.
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The complete question is:
Suppose the marginal product of labor is 8 and the marginal product of capital is 2. If the wage rate is $4 and the price of capital is $2, then in order to minimize costs the firm should use:
a. more capital and less labor.
b. more labor and less capital.
c. three times more capital than labor.
d. none of the answers are correct.
a company would use newspaper classified advertising when it wants to create a favorable long-term public perception of the business.
A company would use newspaper classified advertising when it wants to create a favorable long-term public perception of the business.--- False.
Classified advertising:Classified advertising is a type of advertising that can be sold or distributed for free and is particularly prevalent in newspapers, online publications, and other periodicals. Despite the fact that display advertising is more prevalent, classified advertisements are significantly less expensive than larger display advertisements utilized by businesses.
What is the objective of this classified advertisement?The fact that Classifieds is a two-way street between producers and consumers is its fundamental feature. On the one hand, it can promote products to customers; on the other, it can employ people and offer businesses a low-cost but highly effective strategy for attracting employees.
Question is incomplete:
a company would use newspaper classified advertising when it wants to create a favorable long-term public perception of the business.State true or false.
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A firm's marketing mix consists of 4 major components, which are generally referred to as the four
A firm's marketing mix consists of 4 major components, which are generally referred to as the four: Ps.
What are marketing mix?Marketing mix can be defined as what a company or an organization used to distinguish its selves from other competitors so as to have a competitive advantage over others companies that sells the same or similar goods as theirs.
The four marketing mix which are the 4Ps are:
ProductPricePlacePromotionTherefore the marketing mix are the 4Ps.
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When the units produced exceed the units sold,net operating income computed using the absorption costing approach is ____
the net operating income computed using the variable costing approach
When the units produced exceed the units sold, the net operating income computed using the absorption costing approach is greater than the net operating income computed using the variable costing approach.
When units produced exceed units vended, the operating income from the immersion system is more advanced than the operating income from the variable going system. Under immersion going, some fixed manufacturing outflow remains unexpended and reflected in the balance distance.
Operating income refers to the acclimated profit of a company after all charges of operation and deprecation are abated. Charges of operation or operating charges are simply the costs incurred to keep the business handling.
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Attracting large amounts of capital is more difficult for partnerships than for corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity (difficulty buying and selling) of partnership interests. T/F
true, Because partnerships have limitless liability, must restructure when a partner dies, and have illiquid partnership interests, it is more difficult for them to attract huge sums of money than for corporations.
A partnership is a type of business where two or more persons enter into a legal agreement to be co-owners, share in the organization's profits or losses, and divide the duties for managing it. A partnership is a type of business where two or more persons jointly own the firm and are responsible for managing it and for any profits or losses it makes. A partnership is a group of two or more persons who work together to do business or engage in commerce. Each individual provides something—cash, goods, labour, or skills—and shares in the company's gains and losses. How to create a partnership is explained in publication 541, Partnerships.
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A typical supply curve shows that an increase in the price of a good will cause the quantity supplied to:
A. decrease.
B. increase.
C. remain constant.
D. fluctuate randomly around its equilibrium value.
A typical supply curve shows that an increase in the price of a good will cause the quantity supplied to decrease.
The supply curve is a graphical representation of the relationship between the price of a good and the quantity of the good that producers are willing to supply. As the price of a good increases, the quantity supplied will decrease; this is known as the Law of Supply. Therefore, an increase in the price of a good will result in a decrease in the quantity supplied.
The correct option is A decrease. to the given question.
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Please include proper citations in your discussion post. Points will be deducted if proper citations are not used.12.21 (LO 1, 2, 3, 4) Comprehensive Financial Statement Analysis Using Exhibit 12.9 as a guide, compare C&C Sports’ performance to the industry averages. What particular observations and recommendations do you have for George Douglas, president of C&C Sports?Select Common-Size Percentages: 2017 2016 2015 2014 2013 2012Cash & equivalents 6.6% 11.0% 10.2% 9.6% 7.2% 7.9%Trade receivables, net 21.9% 20.2% 21.4% 25.7% 24.3% 25.0%Inventory38.7% 36.4% 37.6% 36.7% 41.0% 40.5%Property and equipment 13.9% 12.5% 13.1% 11.9% 13.2% 10.7%Short-term debt14.0% 14.9% 12.0% 13.4% 14.3% 13.7%Trade payables12.7% 14.2% 15.7% 16.8% 17.1% 17.1%Long-term debt12.6% 10.9% 8.7% 6.9% 11.8% 9.6%Stockholders’ equity 35.3% 41.3% 42.7% 42.3% 35.2% 40.3%Gross profit39.4% 38.4% 36.6% 34.9% 35.2% 37.6%Operating expenses35.2% 32.3% 31.0% 29.8% 30.9% 31.3%Operating income4.2% 6.1% 5.6% 5.1% 4.3% 6.3%Income before taxes3.4% 5.3% 4.8% 4.3% 3.3% 5.7%Select Ratios: 2017 2016 2015 2014 2013 2012Current ratio2.0 1.9 2.2 2.0 2.0 1.8Quick ratio (Acid test)0.8 0.9 0.8 0.7 0.7 0.7Average collection period 36 days 32 days 36 days 38 days 37 days 36 daysInventory turnover 3.2 times 3.3 times 3.6 times 4.1 times 3.5 times 3.9 timesDebt-to-equity1.6 1.6 1.4 1.2 1.8 1.4Return on assets26.2% 6.2% 6.1% 5.5% 6.9% 9.1%Return on stockholders’ equity216.9% 15.6% 15.0% 15.8% 18.6% 28.1%1
Analysts frequently employ several years' worth of data to aid horizontal analysis while performing thorough financial statement examination.
What kind of financial statement analysis is this, for instance?Calculating financial ratios like net profit ratio, which is determined by dividing net profit by sales, to analyze a company's performance and trend is an example of financial analysis.Analysts frequently employ several years' worth of data to aid horizontal analysis while performing thorough financial statement examination. To comprehend how various categories in the financial statement are influencing results, each statement is likewise subjected to a vertical analysis.Analysts frequently employ several years' worth of data to aid horizontal analysis while performing thorough financial statement examination.To comprehend how various categories in the financial statement are influencing results, each statement is likewise subjected to a vertical analysis.The complete question is,
What is an in-depth analysis of financial statements?
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