People have limited resources, so each purchase decision has to be based on weighing the pros and cons. If the expected benefits of something are higher than the expected costs, they will make the decision but if the costs are higher than the benefits they will avoid making it.
Answer:
correct option is C. Economies of scale
Explanation:
we know here that Margaret expend his business by 20 more people
so we can say according to given this is Economies of scale because
Economies of scale is cost advantage that the business can be exploit by the expand scale of production in long run
and effect is reducing long run average cost of production over the range of output and lower cost is improvement of productive efficiency
it can feed in form of lower market prices
they give business competitive advantage in the market and lead to lower price but high profit
so we can say correct option is C. Economies of scale
Answer:
CPM
Explanation:
CPM is the abbreviation for Certified Public Manager. It is a professional establishment that has the responsibility of improving performance and best practice standards for public sector managers.
A CPM program is a comprehensive management development program basaed on certain criteria. At the end of a CPM program, a CPM degree is awarded to show the completion of the program and improved managerial capabilites.
Cheers.
Answer
The answer and procedures of the exercise are attached in the image below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
$47,200
Explanation:
Given that,
Sales in May = $40,000
Sales in June = $52,000
Cash sales = 60% of total sales
Credit sales = 40% of total sales (it will be paid in the month following the sale)
Cash sales for June:
= Budgeted sales - Ending accounts receivable
= $52,000 - (40% of $52,000)
= $52,000 - $20,800
= $31,200
Total Budgeted cash receipts for June:
= Cash sales for June + Collection of last months receivables(May credit sales)
= $31,200 + (40% of $40,000)
= $31,200 + $16,000
= $47,200