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MAVERICK [17]
1 year ago
8

According to growth accounting studies, the most important factor in economic growth is Group of answer choices education. Inves

tment in physical capital. technology.
Business
1 answer:
koban [17]1 year ago
6 0

The most important factor in economic growth is considered to be <u>technology. </u>

<h3>Why is technology considered important?</h3>

Technology is important to the growth of an economy because it decides just how much a nation produces.

The higher the technology quality, the higher the nation's production and therefore its economic growth. This is why it is considered to be the most important factor for economic growth.

Find out more on the role of technology in the economy at brainly.com/question/516165.

#SPJ1

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3 years ago
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8 0
2 years ago
Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 27,000 units.
harkovskaia [24]

Answer:

Walker Company

a. Merchandise Purchases Budget for the months of July, August, and September:

                                     July             August      September

Sales units                210,000        290,000       290,000

Ending inventory       43,500           43,500         27,000

Goods available      253,500         333,500        317,000

Beginning inventory  31,500           43,500         43,500

Purchases               222,000        290,000       273,500

b. The ratio of ending inventory to the next month's sales = 15% (Ending Inventory/Sales next month * 100)

c. The units budgeted for sale in October = 180,000 units.

Explanation:

a) Data and Calculations:

September ending inventory = 27,000 units

Ending inventory always equal to 15% of budgeted sales for the following month.

                  Sales (Units)    Purchases (Units)

July              210,000             222,000

August        290,000            290,000

September 290,000            273,500

October       180,000

                                     July             August      September      October

Sales units                210,000        290,000       290,000        180,000

Ending inventory       43,500           43,500         27,000

Goods available      253,500         333,500        317,000

Beginning inventory  31,500           43,500         43,500         27,000

Purchases               222,000        290,000       273,500

6 0
2 years ago
Jayden’s client tells him, “I open up my closet in the morning, and there are too many choices. I’m getting rid of all the wild
Maru [420]
D, minimalism, since they want to get rid of items
5 0
2 years ago
2. A company's accounting records reveal that Supplies had a beginning balance of $1,000. During the accounting period, the comp
Akimi4 [234]

Answer:

$100

Explanation:

Of the beginning balance on the supplies account was $1,000 and purchase of supplies of $500, it would have given a balance of $1,500 in the supplies account during the day for the business. The amount that was used from supplies at end of day is $1,400.

So balance at end of day is 1,500- 1,400= $100.

Alternatively we can use the following formula

Closing balance= Opening balance+ Inflows - Outflows

Closing balance= 1,000+ 500 - 1,400

Closing balance= $100

8 0
2 years ago
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