Answer: E. The firm's ability to differentiate its product
Explanation:
The factor under the control of owners and managers that make a firm successful and allow it to earn economic profits is the firm's ability to differentiate its product.
Product Differentiation has to do with making a product unique from that of its rivals so that it'll be attractive to the customers and the target market. This will slow be vital for the company to produce at a average cost that is lower than that of its competing firms. This will help the company to have a competitive edge over others.
Answer:
$20 million
Explanation:
The computation of the ending inventory if FIFO is used
= LIFO reserve + Ending inventory based on LIFO inventory
= $3 million + $17 million
= $20 million
We simply added the LIFO reserve and LIFO ending inventory so that FIFO ending inventory can be computed. Hence, we take all the items for the computation part.
Answer: Please refer to Explanation
Explanation:
Teach for America is a Non-profit Organization founded in 1989 that aims to place teachers in schools that need it the most especially in low income areas.
The very rigorous performance appraisal program is done to ensure that the children being taught are benefitted in the most effective way.
Teach for America hopes to impart on the lives of the children, long lasting benefits that will take them very far in life. For thus reason they train recruits as much as possible to ensure that they are well armed to deal with any kind of situation that may arise while they are on duty. It is important to realize that a lot of TFA programs deal with kids from minority or lower income backgrounds and it is important to know how to relate with them and part of this training is for that. Children learn in numerous ways. The training therefore enables the recruits to know how to employ different educational methods to reach their to even the toughest of students and educate them.
The company should accept the special order because it will get an additional profit of $4,000 ($12,500 - $7,500 - $1,000) for the special order. This additional profit amount can be acquired by separating the effect from the special order on each cost and sales of the company's business. The sales should increase by $12,500 ($5 x 2500 unit) amount if the job is taken and the variable cost should increase by $7,500 ($3 x 2500 unit). Lastly, the fixed cost should increase by $1,000 (the new machine).
The answer to this question is <span>increased taxes on farmers who lived outside of Italy
Larger government will always result in larger government spending (which will led into a higher amount of tax that must be paid). Since roman do not want its people to turn on them due to the increase in tax, Roman government decided to take it from the people outside their empire.
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