Answer:
$53,355.7047
Explanation:
The computation of the estimated cost of the replacement cost is shown below:
Estimated cost = (old cost i.e purchased cost of an equipment ÷ Cost index of that year i.e 2006) × estimated cost index for 2017
= ($30,000 ÷ 149) × 265
= $53,355.7047
We simply applied the above formula so that the estimated cost could come
Answer:
Industrial capitalism is a system both social and economic whereby industry and resources are owned by few for profit.
Explanation:
In order to understand the term industrial capitalism, the term capitalism must first be understood.
Capitalism is an economic and political system in which a country's trade and <u>industry are controlled by private owners</u> for profit, rather than by the state.
Hence, Any society is capitalist if the means of production that is tools and materials belongs to the employer and not the employees and the employees produce commodities belonging to their employer. Otherwise, it would be socialism.
Industrial capitalism is therefore a system, both social and economic whereby <u>industry and resources are owned by few</u> for profit.
That statement is False
Everyone should separate their work problems and personal conflict and try their best not to let one affect the other
Often time, personal conflict ( such as a dispute with a co-worker) will cloud one's judgement and make him/here not making the best and rational work decision
Cost Volume Profit (CVP) analysis, also known as break-even analysis, is a financial planning tool that executives use to set the short-term strategy for their business. It informs corporate decision makers of the (short-term) impact on profit of changes in selling prices, costs, and quantities.
CVP analysis aims to determine the outputs that drive company value, highlight the impact of fixed costs, break-even points, target profits, and determine sales figures and sales forecasts. CVP analysis makes pricing decisions and pricing structures easier.
CVP analysis estimates how changes in a company's fixed and variable costs, sales volume, and price affect the company's profits. This is a very powerful tool in finance and accounting. It is one of the most commonly used tools in management accounting to help managers make better decisions.
Learn more about CVP at
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Answer:
Explanation:
If Mexico and the United States faced these opportunity cost, then to benefit from trade Mexico should specialize in producing OIL–. That is, UNITED STATES– would use some of the oil it produces and export the rest to MEXICO– in exchange for sugar. In order for the trade to be beneficial to both nations, the trade ratio must be between 2 and 3– tons of sugar per barrel of oil.
