Answer: $15
Explanation:
Producer surplus represents the producer's profit when selling a product. It's determined by the difference between the actual amount for which the producer sold the item and the amount they were willing to accept.
In this case, Andrew was willing to accept $45 for the potato cannon, but sold it for $60, so
$60 - $45 = $15 , Andrew's producer surplus.
It is called "<span>Minimum necessary standard".</span>
Protected health information (PHI) refers to information under US law according to which it is any data about status of health, arrangement of medicinal services, or installment for social insurance that is made or gathered by a Covered Entity, and can be connected to a particular person.
Answer:
1. <u>Reactive management</u> as the name implies refers to management having an approach of acting only after a problem has occurred while
<u> Proactive management</u> is preventive method of management that prevents problems from happening by acting in advance to avoid their occurrence.
Explanation:
1.
<u>Reactive management</u> as the name implies refers to management having an approach of acting only after a problem has occurred while
<u>Proactive management</u> is preventive method of management that prevents problems from happening by acting in advance to avoid their occurrence.
Applying proactive management to McDonalds, management will be open to new ideas and quickly adapt, from customer feedback and make changes to their menu but in reactive management it will refuse to do so until the customers begin to complain or disappear then it will take measures to repair the damage of lost customers. At what time, making changes to the menu may be coming too late.
2
Activity accounting does not only report financial information but other qualitative information based on the activities of people and departments which is why it is also called responsibility accounting.
Such being applied to Mcdonalds will consider number of clients served per staff or department, number of customer complaints per period etc
Answer:
D. All of the above.
Explanation:
D. All of the above.
Because
A. the regulatory body keeps a check and maintains a balance in setting the standards for the proper functioning of the organization . If it does not use the financial statements how would it know about the proper working or the rules followed or the errors / flaws/ mishandling of the companies. So it uses financial statements.
B. Investors and Creditors
Investors and Creditors usually invest or get services rendered so their prefer using the financial statement for better understanding and their obligations, limitations and consultations.
C. Individuals such as accountants , employees, etc may also use financial statements for their better understanding and daily tasks or performances and follow the same set of standards . . For example if the company uses matching principle the new accountant hired must also use matching principle.
Answer: B. Charlotte
Explanation:
Preference is given to people that live with the dependent so this puts William at the least priority because he doesn't live with Autumn thereby leaving Charlotte and her mother.
Preference is then given to the biological parents of the dependent which means that Diana is has second priority. Charlotte is therefore the the most preferred to claim her daughter as a dependent which would allow her greater tax deductions.