Answer: <em>Competition is an effect of scarcity.</em>
Explanation:
In economical and dismal sense scarcity and competition are correlated, as in they are directly proportional to each other. In today's era where, the population is growing at an exponential rate and the food supply and other resources are either growing at an arithmetical rate or depleting. Therefore there is a scarcity of resources and thus the competition is increasing proportionally.
Answer: D. Unemployment rates are rising while GDP is falling.
Explanation:
A rising Gross Domestic Product (GDP) and a low unemployment rate are signs that an economy is doing well because it shows that the economy is growing and people have jobs that can give them access to income to spend in the economy.
If Unemployment starts rising therefore and GDP is falling, the economy is not growing but is rather contracting. People increasingly do not have access to income to spend on goods and services and companies are not hiring people because they are unable to sell as much goods and services.
Answer:
-$45
Explanation:
Given that,
Sales = $690
EBIT = $300
Depreciation = $40
Tax rate = 40%
Fixed assets increased by $265.
Firm's free cash flow:
= Earnings after tax + Depreciation - Capital Expenditure
= [EBIT × (1 - Tax rate)] + $40 - $265
= [$300 × (1 - 0.40)] + $40 - $265
= $180 + $40 - $265
= -$45
Therefore, the firm's free cash flow -$45.
Answer:
D$138,000
Explanation:
We know that
Direct material used = Beginning balance of raw material inventory + purchase made during the year - ending balance of raw material inventory
$130,000 = $32,000 + purchase made during the year - $40,000
$130,000 = -$8,000 + purchase made during the year
So, purchase would be
= $130,000 + $8,000
= $138,000
Answer:
D. go over the customer’s complaint with the front-of-the-house and back-of-the-house staff to avoid future problems.
