The economic question that the two friends have answered is D. What to produce?
What is a economic question?It should be noted that an economic question simply means the question that seeks answers to happenings in an economy.
In this case, the economic question that the two friends have answered is what to produce since they sold drone cameras.
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Answer:
D. What to produce?
Explanation:
Difference between compensatory and punitive damages.
Answer:
Compensatory damages are awarded to benefit the plaintiff and to help him or her cover the costs of an accident and/or injury. Punitive damages are awarded to punish the defendant.
Given: Cost of goods manufactured of $410,000; beginning finished goods inventory of $110,000 and ending finished goods inventory of $125,000, calculate unadjusted cost of goods sold. Multiple choice question. $395,000 $535,000 $520,000 $425,000
The unadjusted cost of goods sold is $395,000
What is cost of goods sold?Cost of Goods Sold (COGS) is what measure the direct cost incurred in the production of any goods or services.
The unadjusted cost of goods is computed as:
= Cost of goods manufactured - ( Ending finished goods -Beginning finished goods inventory )
= $410,000 - ( $125,000 - $110,000)
= $410,000 - $15,000
= $395,000
Hence, the unadjusted cost of goods sold is $395,000
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Through ____ managers get to know employees and their work ethics, and they can determine
which employees will help the business achieve its goals and meet its objectives.
answer choices:
-planning
-leading
-organizing
-controlling
Through leading managers get to know employees and their work ethics, and they can determine which employees will help the business achieve its goals and meet its objectives
Who are managers?Managers are set over companies and organization to help manage the affairs.
The relate with other employees to manage the firm or organization.
Therefore, Through leading managers get to know employees and their work ethics, and they can determine which employees will help the business achieve its goals and meet its objectives
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Jane and Fran work together and make the same amount of money. Jane owns her house, on which she has a mortgage, while Fran rents. Neither is able to put away any savings after paying their bills and other monthly expenses. If they both have the same net worth (assets minus debts) now, make a similar housing payment, and neither is able to save money over the next five years, who is likely to have a higher net worth at that time
Based on the description that we have here the person that is more likely to have the higher net worth is Jane because part of the monthly mortgage payment she makes goes to pay off her loan, thereby increasing her equity.
What is a mortgage?This is the term that has to do with a lender and a person. The mortgage gives the lender the right to take over your property if you do not pay back what you have borrowed.
Mortgages are what people use to buy homes. When they pay back, they do so with interest.
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What can happen to individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries
Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy
What is traditional economy?The economy is based on small scale selling of goods and exchange of product for survival.
The economy is unstable and hard to monitor while Individual operating the economy are not subject to what they have.
Therefore, Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy.
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When Julio and Max to become the number one window-cleaning company in their city, they were engaging in the management function of
Julio and Max are engaging in the management function of leading because they will set as examples for the other cleaning company.
What is a management function?This function refers to the discipline that are important for carrying out a successful business practice
The five general functions includes planning, organizing, staffing, leading and controlling.
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Larry has $4$-cent stamps and $9$-cent stamps, which he can combine to produce various amounts of postage. For example, he can make $40$ cents by using four $9$-cent stamps and a $4$-cent stamp, or by using ten $4$-cent stamps. However, there are some amounts of postage he can't make exactly, such as $10$ cents. What is the largest number of cents that Larry cannot make exactly from a combination of $4$- and/or $9$-cent stamps
The largest number of cents that Larry cannot make exactly from a combination of $4 and $9cent stamps is 36.
How to get the value?It should be noted that the information given simply wants us to find the common multiple of both 4 and 9. This will be:
4 = 4, 8, 12, 16, 20, 24, 28, 32, 36,
9 = 9, 18, 27, and 36
Therefore, the largest number of cents that Larry cannot make exactly from a combination of $4 and $9cent stamps is 36.
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Answer:
23
Explanation:
in order to make 23 cents, he would have to use zero, one, or two 9-cent stamps, which would contribute 0, 9, or 18 cents to the total postage (three 9-cent stamps would go over 23 cents). In each of those cases, the amount to be made up by 4-cent stamps would be either 23, 14, or 5 cents, none of which is a multiple of 4.
A manufacturing company has a pay structure based on job descriptions. As the company moves toward customizing production to meet customers' specific needs, it finds that managers are lacking flexibility in both job assignments as well as awarding pay increases to their employees. It has decided to reduce the number of levels in their job structure in order to increase their flexibility. This is called
Reducing levels in job structure in order to increase their flexibility is job enrichment.
What is Job enrichment?Job enrichment involves creating challenges to make work more interesting, and increasing the skills required to carry out jobs that will ultimately lead to higher pay.
However, Job enlargement is raising the scope of work at a particular Job level.
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__________is concerned with improving productivity and safety by designing workplaces, equipment, instruments, computers, workstations, and so on that take into account the physical capabilities of people.
Ergonomics is concerned with improving productivity and safety by designing workplaces, equipment, instruments, computers, workstations, and so on that take into account the physical capabilities of people.
What is ergonomics?Ergonomics can be regarded as one that focus on designing and arranging of things in a way that is safe.
Therefore , ergonomics involves interacting in most efficiently and safely way with improving productivity and safety by designing workplaces.
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Describe the stage of product design
Answer:
Stage 1: hear from others and listen to feedback
Stage 2: Create new ideas based on that feedback
Stage 3: Create several prototypes and choose one. Then test the prototype
Stage 4: Manufacture the prototype you chose
Explanation:
Answer:
~Senpi boi here!~
I would describe the stage of product design as to create an idea to determine product's feasibility to test the product, and then launch the product for customers to buy.
(Hope this helps!)
In Denmark, the personal income tax rate is 55 percent. One of the reasons workers are willing to pay this is because they know they will reap the benefits later in the form of free health care and a universal pension in retirement. According to Geert Hofstede, what cultural dimension does this most illustrate
Based on the fact that the workers know that they will reap benefits in future, the cultural dimension is Long term vs Short term orientation.
What cultural dimension fits Denmark workers best?The Long term vs Short term orientation is a cultural dimension that talks about how people can give up short term benefits for long term gain.
These workers in Denmark are giving up a large portion of their income in the short term, but are gaining benefits like free healthcare in the long term.
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An investment made 10 years ago is worth $100,000. if the annual return over these 10 years was 7.20%, then the original investment amount was:
The original investment amount was $ 68.56 then annual return on investment is 10 years was 7.20% interest.
What is investment?
Investment definition is assets invested in to build wealth and save money on bank, property and projects for specific time period of money.
PV is a present value, FV is a future value, i is interest, n is number of period
PV= FV/ (1 + i) n
PV= 1, 00,000 / (1+7.20%) 10
PV =68.5650014087
As a result, the original amount of investment is 68. 56
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How should the government respond to housing prices going up?
explain why this policy would be the best solution using sowell's three questions.
why is your proposed solution the best response to this issue?
what is the cost of your proposed solution?
is there evidence (statistics or statements from experts) from a credible source that shows your proposed solution would work?
Th way Government can help to curb the rising of the housing prices is to provide subsidy to some of the households, especially those with low-income.
What is subsidy?A subsidy serves as an aid from the government that help to relieve people in one way or the other.
Conclusively, with this subsidy, those household that earn very low income can be able to meet up because the actual price that is been put on the housing would be reduced.
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.
Accounting information is categorized as inputs, processing, or outputs. Select the appropriate category for each type of accounting information listed. 1. Sales Documents (Click to select) 2. Journal Entries (Click to select) 3. Payroll Records (Click to select) 4. Travel Records (Click to select) 5. Income Statement (Click to select) 6. Posting to Accounts (Click to select) 7. Balance Sheet (Click to select) 8. Summarizing Accounts (Click to select) 9. Statement of Cash Flows
There are various accounting information which can be grouped under input, processing and outputs.
Correct grouping of accounting information1.) Sales Documents: Processing
2. Journal Entries: inputs
3. Payroll Records: inputs
4. Travel Records: outputs
5. Income Statement: outputs
6. Posting to Accounts: outputs
7. Balance Sheet: processing
8. Summarizing Accounts: processing
9. Statement of Cash Flows: processing
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Suppose that both of the events you have just analyzed are partly responsible for the increase in the price of hamburgers. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of hamburgers?.
It is likely that the increase in the price of hamburgers is related to the fact that demand is greater than supply.
What is the law of supply and demand?It is an economic approach to understanding the economic factors that influence the quantity of a product supplied in a market and its price.
Therefore, when there is more demand than supply for a good available in the economy, it means a situation of scarcity, which makes prices rise.
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Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called: multiple choice downstream costs. indirect costs. upstream costs. direct costs.
Costs such as transportation-out, sales commissions etc. are sometimes called the direct costs.
What is the direct cost?Direct cost is the cost, that is directly linked with the production of goods or services.
Direct cost mainly consists of the direct labor, direct material, commissions etc.
Direct cost is incurred by the business in the making of a product or service
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Your wealthy uncle established a $2,100 bank account for you when you were born. For the first 9 years of your life, the interest rate earned on the account was 4%. Since then, rates have been only 2%. Now you are 23 years old and ready to cash in. How much is in your account
The future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.
What is future value?The future value of an amount is the value obtained in the future after compounding at an interest rate.
The future values after years 9 and 23 can be determined using an online finance calculator as follows:
Future Value of $2,100 after 9 years:N (# of periods) = 9 years
I/Y (Interest per year) = 4%
PV (Present Value) = $2,100
PMT (Periodic Payment) = $0
Results:
FV = $2,988.95
Total Interest $888.95
Future Value of $2,988.95 after 14 years:N (# of periods) 14 (23 - 9)
I/Y (Interest per year) = 2%
PV (Present Value) = $2,988.95
PMT (Periodic Payment) = $0
Results:
FV = $3,943.86
Total Interest $954.91
Thus, the future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.
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The audit Mr. Chu is working on for a technology company is regulated. What does this mean?
OA. The technology company will use the audit results to analyze risks.
OB. If Mr. Chu finds evidence of fraud, he is not allowed to report it.
OC. Nobody has access to the audit findings except for a few people who work for the company.
OD. An outside organization keeps track of the methods and results of the audit.
It means that the technology company will use the audit results to analyze risks. Thus option A is correct.
What is Audit ?Audit refers to the checking of financial records of the company in order to ensure that the records are systematic and accurate. It is very helpful for the outsiders such as creditors, shareholders, government agencies etc as it provides the accurate information about transactions.
Mr. Chu will analyse the financial statements of the technology company an conclude about the risk involved in the company. Thus it helps in analyzing the risk. Therefore, option A is correct.
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Your friend is developing a marketing plan for her new business. What should she put in this plan?
My friend's marketing plan should be:
Where she wants to sell her product.Description of the people in her target market.What is marketing plan?These are plans a business devise to sell or advertise its products. The purpose of the plan is to help identify the target market and how best to reach them.
Hence, she should put in these her plan; where she wants to sell her product and a description of the people in her target market.
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Interview a business owner/manager on the Crisis experienced in the workplace. Attach an interview schedule as part of your oral presentation.
There are several crises experienced by employees during recent pandemic. So, in an interview with a business owner regarding the crisis experienced, one can ask about how can businesses deliver better outcomes in times of a crisis.
What is an interview?An interview is a meeting or a formal consultation at which information is obtained (as by a reporter, television commentator, or pollster) from a person.
It is a conversation in which you and an employer exchange information. The main features of the interview are conducted in the form of conversation, which is shaped by certain guidelines and questions between the researcher and the respondent. It is used in surveys and participant observation methods.
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Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished goods inventory was 25,000 units at $310,000. Determine the cost of goods sold for 210,000 units, assuming a FIFO cost flow. $fill in the blank 1
The cost of goods sold for 210,000 units using a FIFO cost flow for Pine Creek Company during the year is $3,085,000.
What is FIFO?FIFO means First-in, First-out.
The FIFO cost flow method is an accounting technique to determine the cost of goods sold and ending inventory based on the assumption that goods produced first are the first to be sold.
The FIFO method is the opposite of the Last-in, First-out (LIFO) method.
Data and Calculations:Number of units produced = 200,000 units
Cost of production = $3 million
Unit cost of production = $15 ($3,000,000/200,000)
Beginning finished goods inventory = 25,000 units
Cost of Beginning inventory = $310,000
Cost of goods sold = $3,085,000 ($310,000 + $15 x 185,000)
Thus, the cost of goods sold for 210,000 units using a FIFO cost flow for Pine Creek Company during the year is $3,085,000.
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You are on the team of executives at Star Bank. You have been meeting as a team to discuss the future of the bank, including big picture goals of how to grow the company. What type of planning is this?
A. operational
B. functional
C. strategic
D. consumer
SOMEONE PLEASE HELP!!!!!
Strategic planning is the type of planning used by team of Star bank.
What is strategic planning?Strategic planning is a type of planning that is channeled towards a purpose.
Companies make use of strategic planning to help focus on a particular goal or aim
Therefore, Strategic planning is the type of planning used by team of Star bank.
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Seaside vistas leases an apartment to tori. during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is group of answer choices seaside and tori in proportionate amounts. no one. tori only. seaside only.
Seaside vistas leases an apartment to tori during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is no one.
What is a lease?It should be noted that a lease simply means a contract where a party conveys land, property, etc for a period of time.
In this case, Seaside vistas leases an apartment to tori during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is no one.
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A company currently has sales of $700,000 and a contribution margin ratio of 45%. As a result of increasing advertising expense by $8,000, the company expects to increase sales to $735,000. If this is done and these results occur, net operating income will
If this is done and these results occur, net operating income will increase by $7750.
Net operating incomeUsing this formula
Net operating income=(Expected Increase in sales-Current sales× Ratio-Advertising expenses)
Let plug in the formula
Net operating income = $735,000 - ($700,000 x 45%) - $8,000
Net operating income= $7,750 increase
Therefore net operating income will increase by $7750.
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A limit order is an order away from the market price that is held in a ________ until it can be executed at the desired price. Group of answer choices continuous order book limit order book dealer book none of the options
A limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.
What is limit order?A limit order refers to the purchase of securities at a well negotiated price, other than the price stated. The limit order places an already known amount before purchasing or selling security.
Hence, a limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.
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You are going to deposit $20,500 today. you will earn an annual rate of 3.9 percent for 14 years, and then earn an annual rate of 3.3 percent for 17 years. how much will you have in your account in 31 years
You are going to deposit $20,500 today, what you will have in your account in 31 years is mathematically given as
A=60824.276
What is Compound Interest?Generally, the equation for Compound Interest is mathematically given as
A=P(1+r/100)^n
Therefore
A=$20500*(1.039)^14*(1.033)^17
A=$20500*2.967038158
A=60824.276
In conclusion, the compound interest
A=60824.276
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Sawyer Components manufactures high-cost, customized roller parts for paper mills and is expanding into China because of the opportunity for significant growth in this developing country. The owner uses effective global strategies and is aware of threats from foreign competitors. This illustrates that the owner has a global
The fact that Sawyer Components have seen opportunities in China and want to expand there reflects global vision.
What is global vision?This refers to the ability of a company to see beyond factors affecting it from its native country.
It involves seeing opportunities, threats, and weaknesses in the global market, and then acting to take advantage of them like Sawyer Components wants to.
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Labor costs charged to manufacturing overhead represent ______ labor costs.
The indirect labour cost is shown when labour expenditures are applied to the manufacturing overhead account.
What are the types of overheads?
Overhead expenses include things like accounting fees, advertising, insurance, interest, legal charges, labor costs, rent, maintenance, supplies, taxes, phone bills, travel expenses, and utilities.
Business overheads may be divided into two categories:
administrative and manufacturing.Thus in the above statement, when labour costs are added to the manufacturing cost it gives rise to indirect cost
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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 58,000 Accounts payable increased by 18,600 Accounts receivable decreased by 25,600 Inventories increased by 6,200 Depreciation expense 31,800 Net cash provided by operating activities was:
Based on the information available, the net cash from operating activities is $127,800.
How much cash did the company make from operations?This can be found as:
= Net income + Increase in Accounts payable + Decrease in account receivable - Increase in inventory +Depreciation
Solving gives:
= 58,000 + 18,600 + 25,600 - 6,200 + 31,800
= $127,800
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define permanent office in one sentence
Answer:
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.
Explanation:
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