The price charged by a perfectly competitive firm is determined by:
a. the firm's demand curve alone.
b. the firm's cost curves alone.
c. market demand and market supply together.
d. market demand alone.
e. market supply alone.
Answers
The price charged by a perfectly competitive firm is determined by both market demand and market supply together. So, option (C), is the correct option.
The total of all individual commodity demands made by buyers in the market is known as market demand. The market demand at every cost price will rise if more customers arrive in the marketplace and have the ability to purchase goods that are on offer. The overall demand of all customers together defines the market demand for a good at a certain market rates. The separate demand curves can be used to determine the commodity's market demand. It can also be calculated from the graphic representation of the various demand curves by adding together the various demand curves.
In a perfectly competitive firm, the price of commodities are determined on the basis of market demand and supply.
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Related Questions
Q3.1) Discuss the distinctive characteristics of a selectionprocess for employees who will be working on an international assignment. (15)
Q.3.2) South Africa devotes a significant amount of its national budget to education and skill development. Training and skills development law governs education and training in South Africa. Three sections of legislation have a significant effect on how workplace training is handled. Identify each of the three pieces of legislation and describe their influence on training and development in South Africa.
Answers
Distinctive characteristics of a selection process for employees who will be working on an international assignment The selection process for employees who will be working on an international assignment requires certain distinct characteristics, which are as follows:
A cross-functional team should conduct interviews with prospective candidates in order to assess their competency and ability to work in a multicultural context. The organization should provide pre-departure orientation and language training to employees who have been selected for an international assignment, as well as follow-up training during and after the assignment to help them re-adapt to their home country after the assignment
The Skills Development Act of 1998 established the Skills Development Fund and the National Skills Authority, which are responsible for overseeing the development of a national skills development strategy and ensuring that employers are meeting their obligations under the Act.
The Employment Equity Act of 1998 requires employers to take affirmative action to promote equal opportunity and fair treatment in the workplace, including the provision of training and development opportunities for designated groups. This Act has been instrumental in promoting diversity and inclusion in South African workplaces.
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gourmand, an upscale restaurant chain, planned to open a new restaurant in downtown smallville on memorial day weekend. ye olde antique shoppe, a merchant located next door to gourmand, was looking forward to the increased sales it would realize from diners who dropped in from next door. gourmand's contractor did not finish the building on time, so gourmand did not open for the big holiday weekend. can ye olde antique shoppe sue the contractor since it lost profits because of the failure to perform on time? a. yes, because it is a business beneficiary of the contract between contractor and gourmand. b. yes, because it is an intended commercial beneficiary of the contract between contractor and gourmand. c. no, because it is a donor beneficiary of the contract between contractor and gourmand. d. no, because it is an incidental beneficiary of the contract between contractor and gourmand.
Answers
No, since it is a beneficiary by incident of the agreement between the contractor and the Gourmand.
What does a business mentality entail?A person with a business mindset naturally moves the goods inside a way that should increase sales. They logically choose locations where both items will sell most effectively. They appear to also have a sixth instinct for what will compel customers to make purchases. They are preoccupied with closing the transaction above anything else.
Briefing:Considering that it is a secondary benefit of the agreement between the constructor and the supplier Due of Ye Olde Antique Shoppe's lawsuit against the contract, the freelancer could sue Ye Olde Antique Shoppe.
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If the value of the goods and services a country produces increases while its
population stays the same, which statement must be true?
A. The country's unemployment rate has decreased.
B. The country's total GDP has decreased.
C. The country's per capita GDP has increased.
D. The country's rate of inflation has increased.
Answers
If the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
This is based on the idea that per capita GDP is a form of GDP measure that divides the total GDP, particularly a country with the population or number of people living in that country.
Therefore, when the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
Hence, in this case, the correct answer is option C. "the country's per capita GDP has increased."
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Answer: The country's per capita GDP has increased. So "C" is right.
Explanation: Just took the quiz
don is an attorney who supplied a list of potential clients to a new attorney, lori. this list aided in the success of lori's practice. lori was very pleased and decided to do something for don. in the current year, lori gives don a new car worth $40,000. lori was not obligated to give this gift to don, and she did not expect don to perform future services for the gift. how much income, if any, should don report from this transaction and why?
Answers
Don must disclose his $40K in income. Even though there was no obligation to make the payment, the courts are likely to see the car as a payment for goods or services because the present was given in a professional setting.
What is income?Income is an entity's ability to save and spend money during a given period of time, and it is typically expressed in monetary terms. Conceptually, income can be difficult to define, and there may be variations depending on the field. The phrase "income" often refers to the total sum of cash, assets, and other value transfers received over a predetermined period of time in return for goods or services. There isn't a single, accepted definition of income; instead, the term is defined in light of the context in which it is used. Income is the money a person or organisation receives in return for labour, the creation of a good or service, or the use of capital.To learn more about income, refer to:
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Why are file naming conventions essential?
A. So that data entry workers do not have to learn new systems with
every new position.
B. To make it easy to copy files for backup storage.
C. So that companies can easily share files with other companies.
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Answers
Answer:
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Explanation:
What are the steps for using the Evaluate Formula feature?
1. Select the cell with the formula you want to evaluate.
2. Click the
tab on the ribbon.
3. In the
group, click
.
4. Click Evaluate or
to start the process.
Answers
Answer:
Formulas
Formula auditing
evaluate formula
step in
Explanation:
just did it :)
Answer:
1) Formulas
2) Formula Auditing
3) Evaluate Formula
4) Step in
Explanation:
HOW TO USE THE EVALUATE FORMULA FEATURE:
1. Select the cell with the formula you want to evaluate.
2. Click the ✔ Formulas tab on the ribbon.
3. In the ✔ Formula Auditing group, click ✔ Evaluate Formula .
4. Click Evaluate or ✔ Step In to start the process.
How can you adjust your budget if you have more expenses than income?
Answers
If you find yourself in a situation where you have more expenses than income, it is important to act immediately to avoid accumulating debt. There are a few steps you can take to adjust your budget:
Cut expenses: Look for ways to reduce your spending, such as cancelling a subscription you no longer need, cooking at home instead of dining out, or finding more affordable insurance options.Increase your income: Consider finding a part-time job or a side hustle to supplement your income.Prioritize expenses: Identify the most important expenses, such as rent, utilities, and food. Ensure that these expenses are paid first before spending on other less-essential items.Create a repayment plan: If you have high-interest debts, create a plan to pay them off as quickly as possible to avoid accruing more interest charges.Overall, the key to adjusting your budget is being mindful of your spending and making intentional choices about where your money is going.
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In the context of the Situational Leadership model which of the following was defined as the extent to which a leader spells out the responsibilities of an individual or group Muloplo Choice task behaviors developmental interventions thetoricalis Twitch behaviors
Answers
The extent to which a leader explains their roles and obligations to a person or group is known as task behavior. Giving instructions on what to do, how to do it, when to do it, and where to do it is a part of this conduct.
The definition of situational leadership is which of the following?Situational leadership is the practice of adapting your management style to the needs of the team or specific team members in each unique situation or assignment. Paul Hersey and Ken Blanchard established the Situational Leadership Theory in 1969.
Which four contextual factors influence leadership?Every leader should be aware of the four key elements of leadership: the led, the leader, the situation, and the communication. When exercising leadership, all four criteria must constantly be taken into account.
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Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?
a.25000
b.30000
c.20000
d.35000
Answers
Answer:
b.30000
Explanation:
The moving average follows the trend of data to forecast the next value.
the formula applicable in moving average is = (n1 + n2 + n3 + ...) / n
For George, the moving average will be
=$30,000 + $35,000 +$25,000 + $30,000/4
=$120,000/4
=$30,000
A network externality causes firms to sacrifice profits in the short run in order to satisfy their customers and increase their long-run profits. true false
Answers
The correct answer is TRUE that the network externality causes firms to sacrifice profit in the short run in order to satisfy their customers and to increase long term profits.
What is network externality?
An economics concept known as network externalities discusses situations in which the value of a good or service fluctuates as its user base grows or shrinks. The traditional economic theory holds that when a product's supply grows, its price declines and its value decreases. In some cases, though, the opposite may occur, and a product or service's value may increase as its user base grows. This is referred to as the network effect or the positive network externalities.
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The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.
Answers
Answer:
what do i have to answer?
Explanation:
30 POINTS :D
If someone you don't know asks where you go to school, what should you do?
A. Don't respond
B. See if they're a friend of a friend
C. Ask why they want to know
D. Lie to them
Answers
Question 1
25 pts
Client 1: When I was three years old, I started making candy with my grandrłother.
I am now 10 and I want to sell chocolate candy with a farm theme to my friends and
family. My product ideas include Brown Cows (chocolate cows on a stick), Pigs in
Mud (marshmallow dipped in caramel, nuts and chocolate) and Farm Eggs (jelly
beans dipped in chocolate). The start-up expenses for my business are pretty small: a
few candy molds, candy and chocolate.) My parents have agreed to loan me the
money I will need and to let me work in the family kitchen. Schoolwork has to take
priority over business so if I have more sales than I can handle, I will probably ask
friends or my older brother to help. My brother is also pretty good at math and
computers so he could help me with keeping track of my expenses and advertising. I
really like the product development and packaging part of the business.
Answers
Answer:
This is an absolutely great idea. The only problem is where are you planning to hold your Business? Where are you selling these candies? How will you spread the word? What can you do to make sure people come back and want more of your product?
Explanation: I always wanted to sell candy when I was little but never pulled the trigger on it. For starters I think you should make the names a bit more of a friendly connotation so people don't assume the worst of your product. Your best bet to sell your items and candies would be at school. Now to be honest more kids are carrying money around now than they ever had when I was in elementary-middle school. This is your best bet. Make sure when you are selling your candies to not go in debt with your business, so many people I know tried this and failed because they put way more money then they were making because they thought it would pay off. Yes sometimes take the risk but almost always if your just trying to make a couple bucks, take it easy and sell for a reasonable price. If it costs about $10 to make "Brown Cows" for about 20 people then sell each brown cow for $1.25 per stick. If you have 20 people who are willing to buy you would make 15 dollars profit. Final thing is actually finding people to sell to. Most people go at these type of things alone which I think is a great idea. But if you want to get the word out even more tell a popular kid that you will pay him 5 for every 20 "Brown Cows" he sells. You can really pay him anything you want as long as your not going over your profit margin! Good luck and I would love to know how this goes!
Which accounting concept is used in each of the following accounting treatment?
The cost of a tape dispenser has been charged to an expense account, although in fact it could still be in use in ten years’ time.
A sole proprietor has sold his private house, but has not recorded anything about it in the business records.
A debt has been written off as a bad debt even though there is still a chance that the debtor eventually may be able to pay it.
A machine has been bought for an exceedingly low figure,and it has been entered in the asset account at that figure even though it is worth more.
A motor van broke down in December , 2017. The repair bill for it was not until 2018 yet it has been treated as a 2017 expense.
Answers
The accounting concepts that provide guidance for recording the following business events are as follows. The business transactions are numbered from (a) to (e) below:
1) Materiality Concept is applied because the impact of the cost of the tape dispenser being "expensed" is not significant on the reader of the financial statement.
2) Entity Concept requires separation between the finances of the owner from the finances of the business. The business is a separate economic unit distinct from the sole proprietor.
3) Prudence Concept demands that expenses (like the bad debt written off) and liabilities are not underestimated and revenues and assets should not be overestimated.
4) Historical Cost Concept: Generally accepted accounting principles require the initial recognition of an asset at its purchase cost and not fair value.
5) Accrual Concept and Matching Principle: The accrual concept requires that expenses that have been incurred for a period should be accounted for in that period, whether cash payment is made or not. The matching principle states that expenses (Van Repair Expense) should be matched to the revenue that they generate.
Thus, accounting concepts are the basic assumptions, rule, and principles for recording business transactions and events and preparing accounts and financial statements.
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A young worker is starting her first job at a research lab. She spent four years
in college getting a degree in biology to prepare her for the career she
wanted. Then, she applied for a job at the lab and negotiated a good salary
for herself after she was hired.
This young worker is most likely part of which economic system?
A. Market economy
B. Command economy
C. Traditional economy
D. Mixed economy
Answers
Answer:command economy
Explanation:
According to the above scenario, the young worker is most likely part of Market economic system. Thus, option (D) is correct.
What is a Market Economy?
Market Economy refers to that kind of the market situation in which the two market forces guide the working of the economy that are supply and demand.
These forces create and destroys the goods and services in the economy. It helps in the determination of the level of the prices of the goods and services. It is made on the free transactions and not by the rule of the government.
According to the above scenario, the young worker is working in the market economy, in which she gets the job and negotiated a good salary.
Therefore, it can be concluded that market economy is the correct option. Thus, option (D) is correct.
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write the answers down like this pleaseeeeee
''1)??''
Answers
The definition of the terms in the image is given below as they are correctly matched:
The Definition of the termsAsset: An asset is any resource or property that has value and can be owned by a person, business or organization. Examples of assets include cash, property, investments, inventory, and equipment.
Debit: A debit is an accounting entry that represents an increase in assets or a decrease in liabilities or equity. In double-entry bookkeeping, a debit entry is recorded on the left-hand side of an account ledger.
Credit: A credit is an accounting entry that represents an increase in liabilities or equity or a decrease in assets. In double-entry bookkeeping, a credit entry is recorded on the right-hand side of an account ledger.
Capital: Capital refers to the money invested in a business by its owners or shareholders. It can also refer to the assets owned by a business that can be used to generate income.
Liabilities: Liabilities are debts or obligations owed by a business to other parties. Examples include loans, accounts payable, and taxes owed.
Cash payments: Cash payments refer to any money paid out by a business or individual for goods, services, or other expenses.
Profit: Profit is the amount of money that a business earns after subtracting all of its expenses from its revenue.
Cash receipts: Cash receipts refer to any money received by a business or individual for goods, services, or other income.
Owner's equity: Owner's equity represents the residual value of a business after all liabilities have been paid off. It is the value of the assets that the owner or owners of the business can claim as their own.
Transactions: Transactions refer to any exchange of goods or services that takes place between two or more parties.
Sole trader: A sole trader is a business owned and operated by a single person.
Income: Income refers to any money earned by a business or individual from the sale of goods or services.
Expenses: Expenses refer to any money spent by a business or individual in order to generate income or operate a business.
Accounting equation: The accounting equation is a fundamental principle of accounting that states that assets must always equal liabilities plus owner's equity.
Loss: A loss occurs when a business's expenses exceed its revenue, resulting in a negative net income.
Bank: A bank is a financial institution that accepts deposits from customers and provides loans and other financial services.
Subsidiary journal: A subsidiary journal is a book of accounts that records transactions for a specific type of transaction, such as purchases or sales. It is used to simplify the process of recording transactions in the general ledger.
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Long Text (essay)
Journal: Please respond to the following:
Why do you think entrepreneurship is important to the economy?
Answers
Great entrepreneurs have the ability to change the way we live and work, on local and national bases. If successful, their innovations may improve standards of living, and in addition to creating wealth with entrepreneurial ventures, they also create jobs and contribute to a growing economy. The importance of entrepreneurship is not to be underappreciated
Entrepreneurship is important to the economy as they act as a support system in the growth of the economy.
What is entrepreneurship?A person who has a strong interest in conducting business based on creativity and technology and who is willing to take risks in order to improve the lives of others is referred to as an entrepreneur. This is the process that is known as entrepreneurship.
The ratio of annual production to annual consumption, as well as the analysis of an individual's purchasing power, serve as the primary indicators of a nation's economic health.
By developing new goods and services, businesses encourage the creation of new jobs, which lowers the nation's unemployment rate and raises people's spending power, both of which has the net effect of speeding up economic growth.
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In a deciding set, what should be recorded on both the left and right sides of the sheet before the court switch for the team that starts on the left
Answers
In a deciding set, the triangle denoting the position where the Libero serves and all player substitutions should be recorded on both the left and right sides of the sheet, before a court switch is made by the team that is expected to start on the left.
Volleyball can be defined as a team sport comprising two (2) teams of six players, each on both sides of the court.
Generally, these two (2) teams are separated by a horizontal net and are required by rules to bat the ball by using their bare hands, without letting it hit (touch) the floor.
In indoor volleyball, a libero is a back-row defensive specialist who is saddled with the responsibility of covering and sweeping across the spaces behind other defenders.
In a deciding set, the triangle denoting the position where the Libero serves and all player substitutions should be recorded on both the left and right sides of the sheet, before a court switch is made by the team that is starting on the left.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
What is the mid-range (average)
code letter value for a 230V three-
phase 10hp motor with a code letter
G marked on the motor nameplate?
A) 5.600 kVA
B) 6.290 kVA
C) 5.945kVA
D) 7.990kVA
Answers
why can't food be used as a form of money?
Answers
Typically, food is perishable. People will refuse to take perishable food as payment for services if they already have plenty to eat.
Why food Cannot be used as a form of money?Even in the event of a complete economic collapse, it is more likely that people will start exchanging food for gold, silver, copper, or diamonds.
Since they already have all they need for eating, those who have access to abundance of food won't accept perishable food as payment for services.
Thus, Typically, food is perishable
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With the review of the above case, identify and briefly present four legal cases of your choice grounded or demonstrating the three characteristics of a lease
Answers
The three characteristics of a lease include the transfer of the right of possession of the property from the landlord to the tenant, the tenant's obligation to pay rent to the landlord, and the duration of the lease agreement. Below are four legal cases that demonstrate these characteristics:
1. Black v. Mile High Dairy, Inc.In this case, Black and Mile High Dairy entered into a lease agreement that provided Black with exclusive use of a barn, corral, and a portion of the land. The agreement also stipulated the rental amount and duration of the lease. The court upheld the lease agreement, indicating that it demonstrated the three characteristics of a lease.
2. DuBose v. GreenhawIn DuBose v. Greenhaw, the court determined that a tenant who remained on the premises after the expiration of the lease became a tenant at will. The court held that the tenant's obligation to pay rent continued until either party terminated the lease. This case shows that the duration of the lease is an essential characteristic of a lease agreement.
3. Plantz v. TorelliIn Plantz v. Torelli, the landlord and tenant entered into an oral lease agreement for a term of one year. The tenant was required to pay rent and maintain the property. The court ruled that an oral lease agreement met the three characteristics of a lease, including the transfer of possession, the tenant's obligation to pay rent, and the duration of the lease.
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The interactive below allows for comparing prices in the past to the present. Instructions: Use this tool to answer the questions below. Consumer Price Index SETTINGS Reset 1. PRICE CALCULATIONS Price Then (5) 10.00 CPI 1984 = 105.30 Price Now ($) 10.00 Price Then Price Now $10.00 $22.79 1960 2016 $4.39 $10.00 Year 1984 (CPI data not seasonally adjusted. Source: BLS) GRAPH 1982-1984 = 100.00 300 280 260 1984 (CPI data not seasonally adjusted. Source: BLS) L. GRAPH 1982-1984 = 100.00 1984 300 280 260 240 220 200 180 160 140 120 100 80 60 40 20 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 Year 2020 a) How much would a worker have to be paid per hour in 2016 to keep her real wage the same as in 1980 if she earned $10 per hour in 1980? Instructions: Round your answer to two decimal places. $ b) A worker earned $10 a hour in 1980 and $14 an hour in 1990. Using the interactive tool to convert each of the wage rates to 2016 dollars, did this worker experience a rise in her real wage? O Yes, because the real value of her hourly wage has risen from $24.90 to $27.58. O No, because the real value of her hourly wage has stayed the same. O Yes, because she is earning more dollars per hour. O No, because the real value of her hourly wage has fallen from $27.81 to $24.90.
Answers
Yes, this worker experienced a rise in her real wage. The real value of her hourly wage increased from $24.90 (in 2016 dollars) in 1980 to $27.58 (in 2016 dollars) in 1990.
This means that her wages have kept up with inflation over the 10 year period. This is an indication that her wages have increased in real terms, as they have kept up with the changes in the cost of living over the 10 year period.
This increase in real wages can be seen in the interactive tool, as the line representing the value of her wage has risen over the 10 year period.
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A customer service person normally deals with which type of person?
people who have already purchased the product
sales leads created by the marketing team
people who are strongly considering buying the product
representatives of competing companies
Answers
A customer service person primarily deals with people who have already purchased the product.
The main responsibility of the customer service person is to assist customers with any questions, concerns, or issues they may have related to the product or service. This may include providing information on product features, troubleshooting problems, or addressing complaints.
While customer service representatives may occasionally interact with sales leads or people considering buying the product, their primary focus is on existing customers.
Interaction with representatives of competing companies is generally not part of their role, as this falls under the domain of business development or sales teams.
Overall, customer service personnel are essential in maintaining customer satisfaction and loyalty, contributing to the company's success.
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What is the total of the Penders monthly fixed expenses
Answers
The total of the Penders' monthly fixed expenses is $1,078.00.
How do we calculate the fixed expenses?A fixed expense is an expense whose total amount does not change when there is an increase in an activity such as sales or production.
These fixed expenses are the following:
Rent/Mortgage Loan: $675.00
Car Loan: $278.00
Electricity: $70.00
Heating: $65.00
Phone/Internet/Cable: $95.00
Water: $12.00
Life Insurance: $575.00
Home/Renter's Insurance: $840.00
Car Insurance: $475.00
Gasoline/Oil: $115.00
Real Estate/Property Taxes: $1,215.00
Car Registration: $54.00
Adding all of these fixed expenses together, we get a total of $1,078.00.
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6.5. A classifier is activated every iteration with a bid coefficient Chid = 0.1 and no tax coefficient. On every other iteration the classifier receives 10 points. After a sufficient number of iterations this classifier oscillates between two strength values. Calculate these oscillating steady-state strength values and their associated bid values.
Answers
The classifier does not oscillate between two strength values but remains at a constant steady-state strength value, and its associated bid value can be calculated using the formula 0.1 * strength.
We are required to calculate the oscillating steady-state strength values and their associated bid values for a classifier activated every iteration with a bid coefficient Chid = 0.1 and no tax coefficient, receiving 10 points every other iteration
Calculate the the oscillating steady-state strength values and their associated bid values following these steps:1. On iterations when the classifier receives 10 points, its strength increases by 10.
2. On the other iterations, the classifier's strength remains the same.
3. To find the steady-state values, we can model the strength changes over two consecutive iterations.
Let's call the two oscillating strength values S1 and S2.
Iteration 1 (classifier receives 10 points):
S1 + 10 = S2
Iteration 2 (classifier does not receive points, strength remains the same):
S2 = S1
Now we can solve for the strength values:
S1 + 10 = S1
S2 = S1
As we can see, S1 and S2 are equal, which means the classifier does not oscillate between two different strength values but stays at a steady-state strength value. Now we can calculate the associated bid values:
Bid value = Chid * strength
Bid value = 0.1 * S1
Since S1 and S2 are equal, the associated bid value for both strength values will be the same.
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The following transactions apply to Ozark Sales for Year 1:
1. The business was started when the company received $50,000 from the issue of common stock. 2, Purchased inventory of $380,000 on account.
3. Sold for $510,000 cash (NOT including sales tax). Sales tax of 8 percent is collected when the merchandise is sold. The merchandise had a cost of $330,000.
4. Provided a six-month warranty on the merchandise sold. Based on industry estimates, the warranty claims would amount to 2 percent of sales.
5. Paid the sales tax to the state agency on $400,000 of the sales.
6. On September 1, Year 1, borrowed $50,000 from the local bank. The note had a 4 percent interest rate and matured on March 1, Year 2.
7. Paid $6,200 for warranty repairs during the year.
8. Paid operating expenses of $78,000 for the year.
9. Paid $250,000 of accounts payable.
10. Recorded accrued interest on the note issued in transaction no. 6.
Prepare the journal entries for the preceding transactions and post them to the appropriate T-accounts.
Answers
Answer:
Current liabilities: Accounts payable$130,000
Sales tax payable 8,800
Warranty Payable 4,000
Interest payable 667
Notes payable 50,000
Total current liabilities$193,467
Explanation:
What step in developing new products involves determining whether the product idea is compatible with company objectives, needs, and resources on a general level
Answers
The step in new product development that involves determining whether the product idea is compatible with the company's goals, needs, and resources at an overall level is called screening.
What is screening in product development?It corresponds to a stage where the focus is on the organization and structuring of ideas about the launch of a new product, understanding better about the characteristics and benefits of the product that will be better aligned with the needs and desires of potential consumers.
Screening is an essential process, being the first stage of product development, where there is a brainstorming of ideas to define the product, increasing the possibility of it being well accepted by consumers and generating profitability for the company.
Therefore, the screening process is essential in order to define the essential criteria for the launch of the product, such as its characteristics and those of the market, in order to increase knowledge, innovation and the value of the product for consumers.
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Online Content: Site 1
Explain why two employees at a company, earning the same gross pay, might have different net pays.
How are hourly and salaried gross pay calculated?
Answers
True/False
1. A thank you note sent after a job interview will serve as a reminder to those people you met.
2. When giving the time of your emploment on your resume, be sure to specify only the year of starting and ending of each job.
3. If an interviewer asks you what your weakness are, you should think for a moment before answering.
4. To prevent discrimination, all applicants for a job should be asked the same questions during an interview.
Answers
A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
What is an interview for a job?A job interview is known to be a kind of conversation tak that is said to occurs between a said and potential employer and that of a job applicant.
Note that During the job interview, the employer is one who has a lot of opportunity to appraise any kind of applicant's qualifications, as well as their appearance and full fitness in regards to the job opening.
Hence, A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
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