Taxation shifts a supply curve to the left. At a given level of demand, taxation's reduction of incentives will result in a decrease in the production of goods or services. As shown above, the equilibrium price will rise and the equilibrium quantity will fall.
Answer: $3,025
Explanation:
The Net Working Capital is used to find out if the company is able to use its current assets to cater for it's Current Liabilities and as such is calculated by subtracting Current Assets from Current Liabilities.
= Current Assets - Current Liabilities
Current Liabilities = 975 + 250
= $1,225
The interest bearing funds are not included when Calculating Net Working Cap.
Net Working Capital = 4,250 - 1,225
= $3,025
Answer:
a moving target in a competitive world
Explanation:
Armand Feigenbaum was widely known as an American quality control expert, who in his book, titled "Total Quality Control" suggested that quality is a productive system for incorporating the product and service development, quality sustenance and development actions for the purpose of providing products and services at the largely inexpensive degrees, which give full customer satisfaction.
He concluded that quality and accordingly customer value judgments are a moving target in a competitive market.
Therefore, For Feigenbaum, quality criteria always constitute "a moving target in a competitive world."
Answer:
Correct option is (c)
Explanation:
MIS is the abbreviation for management information system. It helps managers organizing different tasks and departments within the organization.
It is a computer based software that enables retrieving past data, analyse present data and predict future data, thereby simplifying decision making process. As such, it can be said that MIS contributes or enables business success and innovation.
The reduction in the retained earning is for the fair value of the property on the date of the declaration.
Answer: Option D.
<u>Explanation</u>
Dividend is the amount of money that is distributed as a form of profit or the surplus money to the share holders by the corporation.
When the dividend on the property is to be declared, the retained earning is reduced for the fair value of the property. This is done on the day when the dividend is declared. Fair value of the property is the value at which the property is to be exchanged between the willing parties.
