Answers
In early 20th century, performance management focused on measuring employee output using methods such as time and motion studies.
What is an employee?An employee is an individual who works for an organization or company in exchange for payment. The payment can be in the form of a salary, wages, commissions, or bonuses, and the employee may be hired on a full-time, part-time, or contractual basis. Employees can work in various roles and industries, such as sales, administration, production, customer service, or management, depending on their skills, qualifications, and interests. They are expected to perform their duties and responsibilities to the best of their abilities, comply with the company's policies and procedures, and contribute to its success and growth. In return, employees receive compensation, benefits, training, and career development opportunities, as well as a sense of belonging and purpose within the organization.
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Related Questions
Conduct a needs assessment to determine how a network could benefit your family. Use three to five sentences to describe the results of your assessment. If you have more than one computer in your home, conduct the needs assessment based on the number of computers in your home. If you don't have one or more computers in your home, conduct the needs assessment as though every family member in your home over the age of five had their own computer.
Answers
The improvement of communication and information accessibility, the practical sharing of resources, data sharing, increased cost efficiency, and affordability are all advantages of family networks.
What use do needs analyses of computer networks serve?The organization's current IT infrastructure, operational processes, security, compliance, management, and performance are confirmed by a network review. This aids in evaluating the state and overall health of your IT infrastructure and reveals any areas that need to be improved.
What is the biggest benefit of a network?Your network can be a fantastic source for novel perspectives and ground-breaking concepts that will help you in your career. Learning from the problems, experiences, and goals of others is one of networking's key benefits.
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Dale is a guitar teacher and Terrence is a tile layer. If Dale teaches Terrence's daughter to play the guitar in
exchange for Terrence tiling Dale's kitchen floor,
a. only Dale is made better off by trade.
O b. both Dale and Terrence are made better off by trade.
c. neither Dale nor Terrence are made better off by trade.
O d. only Terrence is made better off by trade.
Answers
If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B. both Dale and Terrence are made better off by trade.
In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.
Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.
In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.
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Process Costing Tempe Manufacturing Company makes a single product that is produced on a continuous basis in one department. All materials are added at the beginning of production. The total cost per equivalent unit in process in March 2009 was $4.60, consisting of $3.00 for materials and $1.60 for conversion. During the month, 9,300 units of product were transferred to finished goods inventory; on March 31, 2,500 units were in process, 10 percent converted. The company uses weighted average costing.
(a) Determine the cost of goods transferred to finished goods inventory.
(b) Determine the cost of the ending work-in-process inventory.
(c) What was the total cost of the beginning work-in-process inventory plus the current manufacturing costs?
Answers
Answer:
a. $42,780
b. $7,900
c. $50,680
Explanation:
Cost of goods transferred to finished goods inventory.
Total Cost = Total unit Cost x Units Transferred
= $4.60 x 9,300 units
= $42,780
Cost of the ending work-in-process inventory
Total Cost = Material Cost + Conversion Cost
= ($3.00 x 2,500) + ($1.60 x 2,500 x 0.10)
= $7,500 + $400
= $7,900
Total cost of the beginning work-in-process inventory plus the current manufacturing costs
This amount equals the sum of Cost of goods transferred to finished goods inventory and Cost of the ending work-in-process inventory.
Thus,
Total Cost = $42,780 + $7,900
= $50,680
Where would a history student most likely find this image?
Answers
Answer : there’s no pic
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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A negative balance in the current account means that
a trade deficit definitely exists.
a trade surplus definitely exists.
the total amount of goods, services, and transfer payments flowing out of the economy is more than the total amount flowing in.
more is being spent on domestic goods than foreign goods.
the capital account is negative.
Answers
Answer: There are two categories in the BOP: the current account (CA) and the capital and financial account (CFA). If a transaction creates a liability, like selling a bond to another country, that gets counted in the capital and financial account. But if a transaction doesn’t create a liability (like the fancy red cars), the transaction gets counted in the current account.
Anything that occurs in one account is offset by the opposite happening in the other account. For example, if the current account increases by \$100$100dollar sign, 100, the capital and financial account must decrease by \$100$100dollar sign, 100. The fact that an entry in the current account is offset by an entry in the capital and financial account creates the mathematical identity:
Explanation:
Kramer and Knox began a partnership by investing $58,000 and $65,000, respectively. During its first year, the partnership earned $160,000. Prepare calculations showing how the $160,000 income should be allocated to the partners under each of the following three separate plans for sharing income and loss:(1) The partners failed to agree on a method to share income.(2) The partners agreed to share income and loss in proportion to their initial investments. (Do not round intermediate calculations.(3) The partners agreed to share income by granting a $56,500 per year salary allowance to Kramer, a $46,500 per year salary allowance to Knox, 12% interest on their initial capital investments.
Answers
Answer and Explanation:
The computation is shown below:
1. At the time when the partner failed to share the incom and loss so it is assume that the net income i.e. $160,000 should be shared equally so for both it is $80,000 each
2. When the income is shared as per their initial investment
Particulars Kramer Knox Total
Investment $58,000 $65,000 $123,000
Investment ratio 47.15% 52.85%
$160,000 income share $75,440 $84,560 $160,000
3. Sharing of the income as per the defined rule
Particulars Kramer Knox Total
Salary allocated $56,500 $46,500 $103,000
Interest at 12% $6,960 $7,800 $14,760
Remaining balance $21,120 $21,120 $42,240
Total $84,580 $75,420 $160,000
Kathy is 42 years old and has been diagnosed with a rare case of early onset Alzheimer's disease. While there are drugs that can control her condition, there is no known cure. When she reads a newspaper article that a claimed cure has been discovered in Sweden, she requests the drug from her doctor who informs her that the drug is not legal in the United States and cannot be purchased outside of Sweden. Kathy files a lawsuit in federal court to allow her to purchase and use the drug. The federal district court determines that the case must be suspended and referred to the Food and Drug Administration for initial review and determination. What is the doctrine that the district court justice is following?
A. Determining proper standing
B. Exhaustion of remedies
C. Primary jurisdiction
D. Judicial delegation
E. Judicial review
Answers
Answer:
e I think if not I'm sorry
The district court justice's judicial review doctrine. Thus option (C) is correct.
What is court?A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues.
The District Court handles significant criminal offenses including burglaries, offenses, assaults, serious fraud, commercial theft, and assaults. Additionally, the District Court has unrestricted jurisdiction over claims for damages for personal injury and adjudicates civil claims up to $750,000.
Therefore, Thus option (C) is correct.
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Activity A1 takes 5 weeks, A2 takes 7 weeks, and A3 takes 4 weeks with a 50% probability and 10 weeks with a 50% probability. What is the project completion time under the best-case scenario, that is, A3 is early and takes 4 weeks
Answers
Answer:
12
Explanation:
The computation of the project completion time under the best-case scenario is shown below;
= Activity A1 weeks taken + activity A2 weeks taken
= 5 weeks + 7 weeks
= 12
We simply added the time taken by activity 1 and activity 2 so that the project completion time could come
Discuss the implication of government domestic debt on a time value of money
Answers
The concept of the money's time value states that given its prospective earning power, money is worth more than a comparable amount in the future. in relation to the domestic debt of the government.
Discuss the effects of domestic government debt on the time value of money.A government effectively raises the amount of money in the economy when it borrows by issuing bonds. Since inflation lowers the money's purchasing power and hence its temporal value, this expansion of the money supply has the potential to cause inflation. The demand for treasury securities may decline and their yield may rise if inflation is strong and is predicted to stay high, which will raise the cost of financing for the government. Furthermore, a high level of public debt may raise questions about how well the government will be able to pay off its debts in the future, which may undermine investor confidence and weaken the market for government bonds. This may increase the government's borrowing costs, which would have an impact on the time value of money once more.
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Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019.
April May June
Credit sales $ 689,000 $ 598,000 $ 751,000
Credit purchases 302,000 282,000 338,000
Cash disbursements
Wages, taxes, and expenses 137,000 129,000 179,000
Interest 15,600 15,600 15,600
Equipment purchases 53,500 6,600 248,000
The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $561,000.
Using this information, complete the following cash budget: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
Answers
Explanation:
CRENSHAW, INC.
Cash Budget
For the Quarter Ending June 30, 2019
April May June Total
Beginning cash balance
Add cash collections from:
March credit sales $ 0 $ 0 $ 561,000 $ 561,000
April credit sales 34,450 482,600 413,700 930,750
May credit sales 479,600 523,300 0 1,002,900
Total cash collections 514,050 1,005,900 974,700 2,494,650
Total cash available 514,050 1,005,900 1,535,700 3,055,650
Less cash disbursements for:
Wages, taxes, and expenses 137,000 129,000 179,000 445,000
Interest 15,600 15,600 15,600 46,800
Equipment purchases 53,500 6,600 248,000 308,100
Total cash disbursements 206,100 151,200 442,600 799,900
Ending cash balance $ 307,950 $ 854,700 $ 1,093,100 $ 2,255,750
Note: Cash collections were calculated as follows:
April credit sales collected in April: $689,000 × 35% = $241,150
April credit sales collected in May: $689,000 × 60% = $413,400
May credit sales collected in May: $598,000 × 35% = $209,300
May credit sales collected in June: $598,000 × 60% = $358,800
June credit sales collected in June: $751,000 × 35% = $262,850
Total cash collections: $241,150 + $413,400 + $209,300 + $358,800 + $262,850 = $1,485,500.
Defaulting on a bond most nearly means
the bond issuer cannot pay the promised amount
O the bond issuer pays a percentage of the bond's value
O the bond holder sells the bond on the secondary market
O the bond's rating has decreased
Answers
Use the following information to answer question. Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per year and sell them for $100 each. It costs Madelyn $20,000 for the raw materials to produce the 1,000 pieces of pottery. She has invested $100,000 in her factory and equipment: $50,000 from her savings and $50,000 borrowed at 10 percent (assume that she could have loaned her money out at 10 percent, too). Madelyn can work at a competing pottery factory for $40,000 per year.
The accounting profit at Madelyn's pottery factory is:______
a. $35,000.
b. $75,000.
c. $30,000.
d. $70,000.
e. $80,000.
Answers
sorry if wrong
Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. The predetermined overhead rate was based on a cost formula that estimates $1,152,000 of total manufacturing overhead for an estimated activity level of 72,000 machine-hours.During the year, a large quantity of furniture on the market resulted in cutting back production and a buildup of furniture in the company's warehouse. The company's cost records revealed the following actual cost and operating data for the year:,Machine-hours 67,000Manufacturing overhead cost $551,000 Inventories at year-end: Raw materials $13,000 Work in process (includes overhead applied of $37,520) $139,300 Finished goods (includes overhead applied of $101,840) $378,100 Cost of goods sold (includes overhead applied of $396, 640) $1,472,600Required: 1. Compute the underapplied or overapplied overhead. 2. Assume that the company closes any underapplied or overapplied overhead to Cost of Goods Sold. Prepare the appropriate journal entry. 3. Assume that the company allocates any underapplied or over appliedoverhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. Prepare the appropriate journal entry. 4. How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process, Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold?
Answers
Answer:
Answer:
1. Overhead over applied= $521,000
2. Factory Overhead Dr. $ 521,000
Cost Of Goods Sold Cr. $ 521,000
3. Work in Process, (ratio) $521,000 * 7%= 36,470
Finished Goods, $521,000 * 19%= 98,990
Cost of Goods Sold $521,000 * 74%= 385,540
Total $521,000 100%
4. Difference between the two CGS= $ 136,060
Explanation:
Predetermined Overhead Costs $1,152,000
Estimated activity level of 72,000 machine-hours
Overhead rate= $ 1152,000/ 72,000= $ 16 per hour
Manufacturing overhead cost $551,000
Actual hours = 67,000
Overhead applied to WIP = 67,000 * 16= $ 1072,000
Overhead over applied= $ 1072,000 - $551000= $521,000
Part 2:
Factory Overhead Dr. $ 521,000
Cost Of Goods Sold Cr. $ 521,000
The Cost of Goods Sold is credited and Factory overhead is debited.
Part 3:
Suppose the overhead is applied in the following ratio
Work in Process, (ratio) $37,520 7% (37520/536,00*100%)
Finished Goods, $101,840 19% (101840/536,00*100%)
Cost of Goods Sold $396, 640 74% (396,640/536,00*100%)
Total $536,000 100%
The overhead over applied would be allocated in the following way applying the same ratio as determined above.
Work in Process, (ratio) $521,000 * 7%= 36,470
Finished Goods, $521,000 * 19%= 98,990
Cost of Goods Sold $521,000 * 74%= 385,540
Total $521,000 100%
Part 4:
Cost of Goods Sold ( overhead applied of $396, 640) $1,472,600
Less Overhead overapplied $ 521,000
CGS = $ 951,000
Cost of Goods Sold (overhead applied to WIP & FG) $1,472,600
Less Overapplied Overhead $ 385,540
CGS= $ 1087,060
Difference between the two CGS = $ 1087,060- $ 951,000= $ 136,060
1. What is FFC's first objective?
Answers
FFC is a Pakistan-based fertilizer company that was founded in 1978. FFC is Pakistan's largest producer of urea and diammonium phosphate (DAP).
FFC's first objective is to meet the demands of Pakistani farmers for high-quality fertilizers and other agrochemicals. The company aims to achieve this by constantly updating and improving its fertilizer formulas to meet the changing needs of farmers.FFC is committed to meeting the demands of Pakistani farmers by providing high-quality fertilizers and other agrochemicals.
The company has a state-of-the-art research and development facility where it is constantly working to improve its fertilizer formulas to meet the changing needs of farmers.FFC recognizes that farmers need to produce high-quality crops in order to remain competitive in the global marketplace. The company is committed to working with farmers to help them achieve this goal by providing them with the best possible fertilizers and other agrochemicals.
FFC also recognizes that farmers need access to training and education in order to maximize the potential of their crops. The company works closely with local universities and agricultural institutions to provide farmers with the knowledge and skills they need to succeed.
Overall, FFC's first objective is to help Pakistani farmers achieve their full potential by providing them with high-quality fertilizers and other agrochemicals, as well as the training and education they need to succeed. The company is committed to constantly improving its products and services to meet the changing needs of farmers, and to working closely with farmers to help them achieve their goals.
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The job of president of the United States falls under the Foreign Service pathway of the Government and Public Administration cluster.
Answers
True, The President of the United States has a position that comes within the Government and Public Administration cluster's Foreign Service track.
What does a US Foreign Service agent do?Foreign Service Officers are crucial connections with other governments, interact with foreign populations, inform and influence U.S. foreign policy, and advance American interests abroad. They also work on issues pertaining to the safety and security of American citizens wherever they may be.
What sets the State Department's civil service and foreign service apart?Employees of the Foreign Service represent America abroad while those of the Civil Service assist the mission from Washington, D.C. or other locations around the country. Foreign Service workers both live and work abroad.
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A stock has had returns of 17.82 percent, 12.42 percent, 6.51 percent, 28.18 percent, and −14.04 percent over the past five years, respectively. What was the holding period return for the stock?
Answers
Returns of the stock over the past five years is 55.44%.
According to the question,
Given that,
Returns of the stock over the past five years = 17.82 percent, 12.42 percent, 6.51 percent,28.18 percent, and −14.04 percent.
The holding period return for the stock=
=[(1 + R1) (1 + R2) (1 + R3) (1 + R4) (1 + R5)] − 1
= [(1 + .1782) (1 + .1242) (1 + .0651) (1 + .2818) (1 − .1404)] − 1
= .5544, or 55.44%.
A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.
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QUESTION 2 / 10
Which of the following is the BEST reason to use cash for making purchases?
A. Keeping track of how much you have spent is simple.
B. Splitting bills with friends is easier.
C. Getting more cash from an ATM machine is easy to do.
D. Knowing what you have spent your money on is
simple.
Answers
The best reason to use cash for making purchases is keeping track of how much you have spent is simple. Thus, option A is correct.
What is purchases?Purchasing is the process through which a company or organization acquires products or services in order to achieve its objectives. Although numerous organizations seek to establish standards in the purchasing process, practices can vary widely amongst firms.
Cash makes budgeting and sticking to it simpler. When you pay with cash that you've planned for purchases, it's easy to keep track of where your money is going. It's also eye-opening and keeps you grounded in terms of how much money is going out vs coming in from week to week or month to month.
The main incentive to utilize cash for purchases is that it is simple to keep account of the amount you have spent. As a result, option A is correct.
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Individual Problems 5-1
George's T-Shirt Shop produces 8,000 custom-printed T-shirts per month. George's fixed costs are $24,000 per month. The marginal cost per T-shirt is a constant $9.
George's break-even price is _______ per shirt.
Suppose George sells 50% more T-shirts per month.
At this quantity of shirts, George's break-even price is _______ per shirt.
Individual Problems 5-2
Suppose an initial investment of $80 will return $30/year for three years (assume the $30 is received each year at the end of the year).
At a discount rate of 25%, this investment ________ profitable.
Individual Problems 5-3
Perhaps the most important kind of capital is human capital. For example, most lawyers spend years learning to practice law. Lawyers are willing to make large investments in their human capital because they expect to be compensated for doing so when they begin work. Suppose the government nationalizes the market for legal services, resulting in lower compensation for lawyers. Assume lawyers cannot easily move to other countries.
True or False: The investment in human capital for lawyers is subject to post-investment hold-up.
True
False
Individual Problems 5-5
Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plastic injection molding machine (which can be sold for $2 million immediately) and $200,000 in plastic injection molds specifically for the toy (not valuable to anyone else). The cost of labor and materials necessary to make each truck runs about $4. This year, a competitor has developed a similar toy, significantly reducing demand for the toy truck. Now, the original manufacturer is deciding whether it should continue production of the toy truck.
If the estimated demand is 100,000 trucks, the break-even price is _______ per truck.
Answers
Answer and Explanation:
The computation is shown below:
1. The break even price per shirt is
Fixed cost per unit t-shirt is
= $24,000 ÷ 8,000
= $3
And,
Variable cost per shirt = $9
So, the break even price per shirt is
= $3 + $9
= $12
Now if George sells 50% more tshirt then total shirt sell is
= 8000 + 0.5 × 8000
= 12000
So,
Fixed cost per shirt is
= $24,000 ÷ 12000
= $2
So,
Breakeven price per shirt will be
= $2 + $9
= $11
2. The present value of the return is
= 30 ÷ 1.25 + 30 ÷ 1.25^2 + 30 ÷ 1.25^3
= 24 + 19.2 + 15.36
= 58.56 < 80
As the present value is lower than the investment made so the investment is not profitable
3. The investment made in human capital with respect to lawyers would be considered as an after investment that hold-up
Therefore this is a true statement
5.
The total cost of the truck is
TC = $2,500,000 + $200,000 + 4Q
And, The total revenue is
TR = PQ
So, the total profit is
TR = PQ - $2,700,000 - 4Q
Now
PQ - $2,700,000 - 4Q = 0
P = $2,700,000 - 4Q ÷ Q
Assume Q = 100000
So,
P = $2,700,000 - 4 × (100,000) ÷ 100,000
= 26
Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years
Answers
The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.
When will U.S. Armed Forces provide financial aid?The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.
During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.
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Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may cause a(n)
Answers
Answer:
Decrease in the demand for televisions today
Explanation:
Given that, people have the tendency to buy things cheaply and following the demand rules, which state that the higher the price of a commodity the lower the quantity demanded, and the lower the price of a commodity, the higher the quantity demanded.
Therefore, there will be a decrease in the demand for televisions today simply because people or individuals will probably want to purchase television at that future period, in order to purchase at a lower cost or cheaper rates.
Hence, the right answer to this question is "Decrease in the demand for televisions today."
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Based on the HEADLINE article titled "Inflation and the Weimar Republic," which of the following is the best illustration of the wealth effect of inflation?
a. Workers were often paid daily and sometimes two or three times a day.
b. Debtors sought out creditors to pay them in valueless currency.
c. Profits fell as employees demanded frequent wage adjustments.
d. Businessmen traveling around the country found themselves borrowing funds from their customers each stage of the way. The cash they'd allocated for the entire trip barely sufficed to pay the way to the next stop."
Answers
Answer: Businessmen traveling around the country found themselves borrowing funds from their customers each stage of the way. The cash they'd allocated for the entire trip barely sufficed to pay the way to the next stop."
Explanation:
Inflation is when there is a general increase in the prices of goods and services on the economy.
The best illustration of the wealth effect of inflation based on the article titled "Inflation and the Weimar Republic," is that businessmen traveling around the country found themselves borrowing funds from their customers each stage of the way. The cash they'd allocated for the entire trip barely sufficed to pay the way to the next stop."
This is because when there is inflation, theee will be rise in price and hence, the money the businessmen wanted to use won't be enough to get meet their needs hence they'll need more funds.
Macon Publishing reports the following information about resources. At the beginning of the year, Macon estimated it would spend $39,720 for setups and $21,000 for clerical. The unused resource capacity for setups for Macon Publishing is:
Answers
Answer:
$10,000
Explanation:
Calculation to determine what The unused resource capacity for setups for Macon Publishing is:
Using this formula
Unused resource capacity =Clerical resources used -[(Clerical rate per page*Pages typed)
Let plug in the formula
Unused resource capacity=$20,000 – ($20*500)
Unused resource capacity=$20,000-$10,000
Unused resource capacity = $10,000
Therefore The unused resource capacity for setups for Macon Publishing is:$10,000
a customer has invested 20000 in a variable annuity. in the first year nav increases to 21100 at what rate wsill 1100 gain be taxed
Answers
Answer: 0%
Explanation:
The $20,000 contribution to the variable annuity is not taxed and neither is the gain, at least not yet.
With the variable annuity, the gains/earnings will be tax-deferred and the customer will only have to pay taxes when they withdraw the contributions.
When this happens they will be charged at the normal income tax rate.
what are some common tasks performed by Municipal Clerks? Check all that apply.
recording and editing the minutes (notes) of meetings
performing inspections to make sure restaurants meet standards
planning the maintenance of documents
issuing public notifications of meetings
drafting and proposing legislation
traveling to attend conferences in other states
participating in administration of elections
Answers
Answer:
record minutes of council meetings; answer official correspondence; keep fiscal records and accounts; and prepare reports on civic needs.
Answer:
1, 3, 4, 7
Explanation:
Hi, I'm sorry I'm late but maybe it will help others. ;D
Last year, Creative Gaming had its most successful rollout of one of its first person games in the company's history. The CEO announced sales and profits had far exceeded company
projections. He attributed the success to a flexible plan, which included good design, accurate product testing, and innovative marketing and sales tactics. In order to have good recall
of the procedures that were put in place for this successful introduction, he has charged a team of managers to develop a(n)
system, so the company can avoid
"reinventing the wheel." For future introductions, he wants to be able to recall what worked and what didn't work.
Answers
Knowledge management is the process by which an enterprise gathers, organizes, shares and analyzes its knowledge in a way that is easily accessible to employees.
What is goal of knowledge management?
Improving organizational efficiency and saving knowledge in an easily accessible form are the main goals of knowledge management. Its aim is to put the right information in front of someone at the right time.This is done by:
Sharing knowledge with others who can benefit from it;Improving processes and technology to provide easy access to knowledge andpromoting the generation of new knowledge for continual learning.To know more about Sources of knowledge management refers to :
https://brainly.com/question/4189502
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Curtis purchased inventory on December 1, 2020. Payment of 250,000 stickles was to be made in sixty days. Also on December 1, Curtis signed a contract to purchase §250,000 in sixty days. The spot rate was §1 = 0.33682, and the 60-day forward rate was §1 = $0.36842. On December 31, the spot rate was §1 = 0.32438 and the 30-day forward rate was §1 = 0.36386.
At what amount should the Forward Contract account be recorded on December 1?
Answers
Answer: $0
Explanation:
Forward contracts get their value from the cost and on December 1, there was no cost to Curtis as he Curtis had just signed the contract.
This means that the amount that should be recorded for the Forward Contract should be $0. Even though the contract is valued at $0, it will still need to be credited against the amount to be received to at least recognize that a forward contract was entered into.
Kate was turned down for a job because of a bad credit report. The creditor is required to give her the name of the credit bureau that supplied the report, according to
the:
Fair Credit Reporting Act.
Fair Credit Billing Act.
Truth in Lending Law.
Equal Credit Opportunity Act
Answers
The creditor is required to give Kate the name of the credit bureau that supplied the report under the Fair Credit Reporting Act (FCRA). The FCRA is a federal law that regulates the collection, use, and disclosure of consumer credit information. Under the FCRA, creditors are required to provide consumers with a copy of their credit report upon request. They are also required to provide consumers with the name and address of each credit bureau that has provided them with a report within the past two years.
The other laws you mentioned are also important, but they do not specifically address the issue of providing consumers with the name of the credit bureau that supplied their report. The Fair Credit Billing Act (FCBA) regulates the billing practices of creditors and credit card companies. The Truth in Lending Law (TILA) requires lenders to disclose certain information to borrowers, such as the annual percentage rate (APR) and the total amount of interest that will be charged on a loan. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive income from a public assistance program.
Evaluate the statement "Accounting is all about numbers.". Using the definition of accounting to
justify your answer. (10 marks, maximum 250 words)
Answers
Answer:
To say "Accounting is all about numbers." is incorrect since Non- Financial or Non Qualitative information must be communicated on economic entities as well.
Explanation:
Accounting is the measurement, processing and communication of financial and non-financial information about economic entities such as business and corporations.
To say "Accounting is all about numbers." is incorrect since Non- Financial or Non Qualitative information must be communicated on economic entities as well .These Non - Financial information included the Corporate Activities which has impacts on Community (People) and the Environment (Planet).