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2 years ago

Understanding how income is distributed within and across populations informs firms of different groups':_____.

1 answer:

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Understanding how income is distributed within and across populations informs firms of different groups purchasing power.

This is further explained below.

<h3>What is purchasing power.?</h3>

Generally, The buying power of a certain currency is defined as the number of goods and services that can be acquired by spending a specific amount of that money.

For illustration purposes, in the 1950s, if one went to a store with one unit of cash, they would have been able to buy whatever was on the shelf.

Income: money that is earned, often on a regular basis, as a direct or indirect consequence of one's job or investing activities.

In conclusion, Firms need to have an understanding of the distribution of income both within populations and between populations in order to determine the buying power of various groups.

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In its 2016 annual report, Lockheed Martin reported net earnings of $5,302 million and dividends paid of $2,048 million. Your fo

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Answer:

The dividend for 2017 will be = $2124.98

Explanation:

The net earnings for the year 2016 = $5302

Dividend paid for the year 2016 = $2048

The forecast for the income of 2017 = $5504

The projected dividend for the year 2017 = 5504 x (2047 / 5302)

The projected dividend for the year 2017 = 2124.98

The dividend for 2017 will be = $2124.98

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3 years ago

What is an insurance premium?

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Answer:

Premium is an amount paid periodically to the insurer by the insured for covering his risk. Description: In an insurance contract, the risk is transferred from the insured to the insurer. For taking this risk, the insurer charges an amount called the premium.

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3 years ago

Sale of partnership interestThe partners in the Biz Partnership have agreed that partner Mandy may sell her $100,000 equity in t

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Answer:

Mandy Capital Debit: 100,000

Brittney Capital Credit: 100,000

Explanation:

The journal entry will be recorded as above. Mandy sold equity worth $100,000, so we will record the entry on transfer of equity by the equity value sold. Now, for this equity value both partners can decide the amount in which one will sell to other, which in this scenario is $85,000.

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3 years ago

The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,450,000, and the December 31, 2016, balance sh

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Answer:

The firm's cash flow to creditors during 2016 was -$131,000.

Explanation:

Cash flow to creditors

= Interest expense - (Ending LT Debt - Beginning LT Debt)

= $99,000 - ($1,680,000 - $1,450,000)

= -$131,000

Therefore, The firm's cash flow to creditors during 2016 was -$131,000.

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3 years ago

A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t

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It will result in an increase in average inventory as larger batches require more time to be completed.

<h3>What is Operations Management?</h3>

Operations management (OM) is the management of business practices within an institution to achieve the highest level of efficiency possible. It is involved with converting materials and labor as efficiently as feasible into goods and services in order to maximize an institution's profit.

<h3>What are the 3 types of operations management?</h3>

Product design and product.
Planning and managing of manufacturing facilities.
Purchasing/procurement.
Forecasting.
Capability planning.
Inventory control.
Quality control.
Delivery to clients.

To learn more about Operations management, refer

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2 years ago