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3 years ago

What is one course of action available in every problem solving process

Business

2 answers:

Sonja [21]3 years ago

4 0

Choose to do nothing about the problem is always a course of action.

Dvinal [7]3 years ago

4 0

Choosing to do nothing about the issue

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Because it is a. neither excludable nor rival in consumption, a tornado siren is a common resource. b. rival in consumption but

astra-53 [7]

Answer:

D, neither excludable nor rival in consumption, a tornado siren is a public good.

Explanation:

A tornado siren is a siren that is used to give emergency warnings to a large population of an impending danger or danger that has passed.

A tornado siren otherwise known as the civil defense siren is of public good and as such is not a rival neither can it be excluded from consumption.

Cheers

8 0

3 years ago

Why is it important for managers to pay close attention to their organization’s production system if they wish to be responsive

Marina86 [1]

Explanation:

The production system consists of all integrated activities and operations for the production of goods and services.

Organizational capacity is measured by the set of effective actions of coordination and control of the production system. Therefore, active management of systems monitoring will determine key factors for better meeting consumer demands and needs through continuous improvement in the quality of manufacturing processes, innovations, reduction of waste and unnecessary spending, which enables greater transfer to the customer a product with quality and low cost and represents for the organization gains of competitive and strategic advantages.

8 0

3 years ago

The following information came from the income statement of the Wilkens Company at December 31, 2017: sales revenue $1,800,000;

zaharov [31]

Answer:

Explanation:

The average turnover ratio is calculated using the formula.

average turnover ratio = Costs of goods sold

Average inventories

For Wilkens Company, Costs of goods sold will be sales revenue - the gross profit

= $1,800,000- $600,000 = $1,200,000

Average inventory = Beginning stock + Ending stock /2

= $160,000 + $240,000 /2

=$200

Average turnover ratio = $1,200,000

$200,000

5 0

3 years ago

Broad, Inc. had a beginning inventory of $50,000 and an ending inventory of $80,000. Its Cost of Goods Sold for the year was $97

nevsk [136]

Answer:B. $1,000,000

Explanation :

Given that

beginning inventory = $50,000

Cost of Goods Sold =$970,000.

ending inventory = $80,000.

Using the formula below to find the amount of purchases , we have that

Cost of Goods Sold = Beginning Inventory + Purchases During the Period – Ending Inventory

$970,000 =$50,000+Purchases During the Period -$80,000

Purchases During the Period =$970,000 -$50,000 +$80,000

Amount of Purchases During the Period for Broad, Inc. = $ 1,000,000

8 0

3 years ago

Pension data for Fahy Transportation Inc. include the following: ($ in millions) Discount rate, 9% Expected return on plan asset

mixer [17]

Answer: $45 million

Explanation:

Cash Contributions during the year can be calculated by;

= Ending Plan assets + Retiree benefits - Opening plan assets - Actual return

Actual return

= Actual return on plan assets * Opening plan assets

= 13% * 500

= 65

Cash contributions = 530 + 80 - 500 - 65

= $45 million

3 0

3 years ago