Under the market system, prices coordinate the decisions made by households and businesses.
What is a market system?It should be noted that a market system simply means an economy whereby the individual makes choices in the market and decisions.
In this case, under the market system, prices coordinate the decisions made by households and businesses.
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Self interest, marginal decisions, and optimization all form the basis of.
Self interest, marginal decisions, and optimization all form the basis of Rational decision making.
What is Decision making?Decision making can be regarded as the process of making choices which involves careful consideration of the alternatives that is available.
Decision making involves; identifying a decision gathering informationassessing alternative .Therefore after goin through these process, a Rational decision making can be made.
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Assume Durango Co. had sales of $200,000 for the month of November. Sales are expected to grow 10% each month. The company collects 60% of sales in the month of sale and 40% in the month after sale. Projected cash collections for December total ______.
The cash collections of Durango Co. for the month of December over such given number of sales will be $212,000.
What is cash collection?The total amount of receivables actually received by a business during a given financial period is regarded as the cash collection of the firm for such period.
Now, in the above given situation, the 40 percent cash collection amounting to $80000 from the month of November will be collected in the current month. Solving further,
[tex]\rm Cash\ Collection\ = Total\ Sales\ x\ \dfrac{Pecentage}{100}\\\\\rm Cash\ Collection\ = 220,000 x\ \dfrac{60}{100}\\\\\rm Cash\ Collection\ = \$132,000[/tex]
So, in total the cash collection for the month of December will be computed as, 80000+132,000=$212,000.
Hence, the cash collection of Durango Co. is aforementioned.
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Natasha is listening to dominick talk about his plans to build his kids a tree house. although he has been talking for some time, she hasn't been able to extract the main point. she has asked questions to clarify what he says. she still isn't sure about what he's saying, so she repeats what he said to see if she has it right. she makes sure not to judge what he's saying since she didn't understand. she decided that she would take notes the next time. which part of this description exemplifies analytical listening?
The part that has to do with analytical listening is, she has asked questions to clarify what he says.
What is analytical listening?This is the type of listening that is done in such a way that what is being said would be properly analyzed.
This is not just about understanding what is being said. It has to do with division of questions to get to the main points.
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Ali had previously calculated the Economic Order Quantity required to efficiently control costs at his company. His calculations proved accurate in the short term. However, after a certain point, it was found that his calculations differed from the actual costs. What could have happened at this point to create a mismatch between Ali’s calculations and the actual expense?
A.
demand for the company’s product changed
B.
the company had an excess of intermediate inventory
C.
the storage capacity for output inventory was full
D.
salary increases were put on hold
The mismatch between Ali’s calculations using the Economic Order Quantity model and the actual expense was caused by A. demand for the company’s product changed.
What is the Economic Order Quantity model?The Economic Order Quantity model (EOQ) shows the ideal order quantity a company should purchase or produce to minimize inventory costs (holding costs, shortage costs, and ordering costs).
EOQ assumes constant demand, ordering, and holding costs over time.
The model is computed as EOQ = square root of: [2(setup costs)(demand rate)] / holding costs.
Thus, the mismatch between Ali’s calculations using the Economic Order Quantity model and the actual expense was caused by A. demand for the company’s product changed.
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A client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances. Based on these holdings you would conclude that this client A) is taking precautions to minimize risk B) is not interested in equities C) is seeking returns above those of standard money market rates D) is in a high tax bracket and needs tax free income
A client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances is A. taking precautions to minimize risk.
Who is a client?It should be noted that a client simply means an individual using the service of a professional body.
In this case, a client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances is taking precautions to minimize risk.
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Diminishing returns to specialization suggests that it is worthwhile for companies to Blank______. Multiple choice question. specialize until that point where the resulting gains from trade are outweighed by diminishing returns specialize in goods in which they have comparative advantage produce goods in which they have absolute advantage and gain from trade produce a wide range of goods and services and not specialize in one particular good or service
The diminishing returns to specialization suggests that it is worthwhile for companies to specialize until that point where the resulting gains from trade are outweighed by diminishing returns.
What is the diminishing returns to specialization?This diminishing return happens when the resources can move freely from the production of one good to another within a country.
However, its suggests that it is worthwhile for companies to specialize until that point where the resulting gains from trade are outweighed by diminishing returns.
Therefore, the Option A is correct.
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Which of these is the MOST accurate way to describe a typical manager from one hundred years ago?
OA gentle and kind
OB. strict and enforcing
OC. busy yet friendly
OD. talkative and bored
Answer:
The answer is strict and enforcing.
Explanation:
This is because the manager would keep all their workers in place, and prevent them from breaking any rules.
If workers are likely to be exposed to fall dangers, what kinds of trainings must their employers provide?.
At the end of 2022, Carla Vista Co. has accounts receivable of $773,900 and an allowance for doubtful accounts of $63,000. On January 24, 2023, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $5,500. On March 4, 2023, Carla Vista Co. receives payment of $5,500 in full from Megan Gray. Prepare the journal entries to record the March 4, 2023, transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
The journal entries to record the March 4, 2023, transaction is: Debit Accounts receivable $5,500; Credit Allowance for doubtful accounts $5,500.
Journal entriesCarla Vista Co. Journal entries
March 4, 2023
Debit Accounts receivable $5,500
Credit Allowance for doubtful accounts $5,500
Debit Cash $5,500
Credit Accounts receivable $5,500
Therefore the journal entries to record the March 4, 2023, transaction is: Debit Accounts receivable $5,500; Credit Allowance for doubtful accounts $5,500.
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Labor costs that are clearly associated with employees who directly convert materials to finished product are called:
Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
What is direct labor?Direct labour are labor that are used for production.
It includes casual workers in factory, processing and packaging.
Therefore, Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
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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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Both Canada and the United States produce lumber and footballs with constant opportunity costs. The United States can produce either 10 tons of lumber and no footballs, or 1,000 footballs and no lumber, or any combination in between. Canada can produce either 8 tons of lumber and no footballs, or 400 footballs and no lumber, or any combination in between. a. Draw the U.S. and Canadian production possibility frontiers in the accompanying graphs, with footballs on the horizontal axis and lumber on the vertical axis. b. In autarky, if the United States wants to consume 500 footballs, how much lumber can it consume
Monetary policy refers to government actions that pursue what goal
Explanation:
help me to find Xian pleaseee:( i miss him so much:(
sorry for answering Non sense po i hope u understand me ty po!
You borrowed $1, 690 for 5.5 years compounded semi annually at an interest rate of 5.7%. What total do you pay back
Answer:
602.45 is the correct answer
definition of tax fraud and tax reduction?
Answer:
Tax fraud is basically cheating on a tax return in an attempt to avoid paying the entire tax obligation.
Tax Reduction means any tax refund or any reduction in taxes paid by the acquirer, the company, or any of their respective partners.
Explanation:
How many employers ask that employees be skilled in communication and handling money? 47 50 67 86
Answer:47
Explanation:..
__________ involves the review and evaluation of the records and processes that are used to prepare the organization's financial statements.
Answer:
this is a Financial audit
Gross domestic product tracks economic growth by measuring all goods and services
exported by an economy.
produced by an economy.
imported by an economy.
purchased by an economy.
Gross domestic product tracks economic growth by measuring all goods and services option B: produced by an economy.
What is Gross domestic product?Gross Domestic Product is refers to as the measurement of the total value of the output of all the goods and services produced within a Financial year by the country.
Moreover, the term GDP does not include Intermediate goods and services because it is only concerned with the New and Current production.
Therefore, correct option is B.
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Answer:
B just got it right
Explanation:
Which of the international operations strategies involves a focus on cost reductions and high local responsiveness
The type of strategy where the international operations focus on higher reductions in cost and higher local alertness is called transnational strategy.
What is meant by the strategy?A strategy is a policy devised to achieve long-term objectives.
Transnational strategy is one of the strategies to keep in check the monetary transactions entered between various entities of different nations. A business is said to be transnational when it has its entire operations in one country but also has varied operations in other counties.
Therefore, the transnational strategy involves a greater reduction in costs and greater alertness at local levels.
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20 POINTS FOR THE ANSWER
Choose a specific technological advancement from the list presented. Once you have chosen, research its impact on the evolution of media in relation to design. Make sure to cite your sources too!
Possible choices:
Johannes Gutenberg and the printing press
Pi Sheng and movable type
Saul Bass and movie credit design
Paul Rand and corporate identity systems
Digital printing
Digital photographic editing
Linotype typesetting machine
Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.
What is the evolution of printing?The printing is credited as the earliest form and was first developed in China around 200AD. As the name suggests, it involves carving a design into a block of wood. Once the wood is carved, the raised part is then inked and paper is placed on top.
It's been 20 years since Israeli Benny Landa revolutionized the printing industry with the advent of digital printing, and industry watchers say the inventor may have repeated the feat with a new product unveiled.
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Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the _______, the anticipation of receiving a highly desirable option only to have it become inaccessible.
Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.
What is classic dilemma?Classic dilemma is a type of dilemma where an individual does not have a choice to pick or select.
The individual is faced with just a choice from the option.
Therefore, Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.
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What is opportunity cost? ( selext the best answer)
Answer: the loss of potential gain from other alternatives when one alternative is chosen
Explanation:
Which soft drink was specifically created by the coca-cola company to compete against dr pepper?.
Answer:
Coca-Cola is the official soft drink of many collegiate football teams throughout the nation, partly due to Coca-Cola providing those schools with upgraded athletic facilities in exchange for Coca-Cola's sponsorship. This is especially prevalent at the high school level, which is more dependent on such contracts due to tighter budgets.
Explanation:
Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?
The question "Who has the greatest need?" must be considered by the society when deciding for whom to produce on a potentially scarce or limited resource.
What is the whom to produce?As part of an economic problem, this refers to problem of distribution of final product.
Thus, the question "Who has the greatest need?" must be considered by the society when deciding for whom to produce while deciding who to produce a potentially scarce or limited resource for.
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Answer: is
Who has the greatest need?
Explanation:
Users of managerial accounting information include ______. (select all that apply) multiple select question. department managers potential investors internal revenue service the chief financial officer
The user of managerial accounting information includes:
department managersthe chief financial officerWhat is managerial accounting information?Managerial accounting information can be defined as the gathered information which managers use during decision making process.
The users of this information are department manager and the chief financial officer.
Therefore the correct option is A, D.
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The period of declining growth in real gdp between the peak of the business cycle and the trough is called the.
Answer:
recessionary phase.
Explanation:
The period of declining growth in real GDP between the peak of the business cycle and the trough is called the contractionary phase.
Economic contraction in GDP is the term used to describe the business cycle's downward slope. A period of declining economic production is known as a contraction. The economy is currently producing fewer goods and services than it did previously.
In order to create fewer goods and services, businesses must use fewer resources, especially labor. Businesses that reduce their output frequently hire few, if any, new employees and let some of their current employees go.
As a result, employment tends to decrease along with decreased output.
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Your company's policy is to receive all office supplies without any changes made from the previous order. This order is referred to as a
The policy of the company is to receive all office supplies without any changes made from the previous order. This order is referred to as a straight rebuy.
What is the policy?A policy is referred to as a set of rules, principles, or frameworks that every employee is restricted to follow. These policies are designed for the growth and fulfillment of the goals of the organization.
A situation when a company purchases the same goods from the same suppliers without making any changes to the previous order. This is called straight rebuy order.
When a company is unhappy with the services of a supplier and changes the pattern of order or changes in the purchase has been made by the procurement team, then this order will be called a modified rebuy.
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Installation and start-up costs for utilities are called.
Installation and start-up costs for utilities are called seed or start-up capital. This is further explained below.
What is start-up capital.?Generally, start-up capital. is simply defined as the money an entrepreneur raises to cover the startup expenses of a new business until it is profitable.
In conclusion, It is termed seed or start-up funding for utility installation and startup expenditures.
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Resources (such as land) and technology (such as the ability to draw water from a well):Multiple choice question.influence the likelihood that consumers will purchase the product.cannot be influenced by producers.are the most expensive inputs that producers use.contribute to how a good or service is produced for the market.
Resources and technology contribute to how a good or service is produced for the market.
What is Resources and technology used for?The resources serves as the Primary factor of production while the technology forms part of the secondary factor of production.
They are both essential factor on how a good or service is produced for the market.
Therefore, the Option D is correct.
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In a(n) ________ strategy, managers try to gain a competitive advantage by focusing the energy of all the organization's departments or functions on driving the company's expenses down below the expenses of its industry rivals.
Answer:
low-cost
Explanation:
I may not be right, so use this as a last resort if necessary.