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4 years ago

In order to correct problems in the economy monetary policy works mainly through changes in

1 answer:

6 0

<span>Monetary policy is mainly concerned with the circulation of the supply of money as well as regulating interest rates. In order to straighten up the economic problems we have in our society, monetary policy primarily works through changes in consumer spending.</span>

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In reality, ethical behavior depends on the situation. For example, in negotiating a contract with your employees, the way they

tester [92]

Answer:

False

Explanation:

Usually employer don't consider wages or fixation of salaries in ethical perspective. More often wages and salaries are associated with the education, experience, skills etc of the employees. Employees with higher qualification, most relevant job experience, updated jobs skills etc have the right for promotion and can claim higher salaries from the organization. In fact, employer should consider minimum wage rate, market competitive salaries in order to ensure fulfillment of their basic needs.

Ethically, the organization should not make profit by cutting down the wages of the labors.

8 0

4 years ago

If you haven't seen the right job opening advertised, you can write a(n) __________ letter to determine what opportunities ma

Veseljchak [2.6K]

Answer:

E. inquiring

Explanation:

If we have not seen the appropriate job opening advertised, we can write a letter of inquiry also known as a letter of interest and by ignoring the particular job that is being advertised, we use this letter to approach an organization or a company that we are willing to work for to ask if they will be hiring in the near future.

3 0

3 years ago

Consider four types of markets: monopoly, perfect competition, oligopoly, and monopolistic competition. If they were ranked from

artcher [175]

Answer:

Monopoly

Oligopoly

monopolistic competition

Perfect competition

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

examples of monopolistic competition are restaurants

A monopoly is when there is only one firm operating in an industry. there is usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is an utility company

An oligopoly is when there are few large firms operating in an industry. there is high barriers to entry and exit of firms

5 0

3 years ago

Direct materials $ 37 per unit Fixed manufacturing overhead costs $ 225,000 Sales price $ 195 per unit Variable manufacturing ov

mina [271]

Answer:

A.Gross Margin $385,550

B. Contribution margin $566,500

Explanation:

a. Preparation of a gross margin income statement

Gross margin income statement

Sales 1,072,500

(5500*$ 195 per unit)

Less Variable expenses:

Direct Material 198,000

(5500*36)

Direct Labour 143,000

(5500*26)

Variable manufacturing overhead 121,000

(5500*22)

Fixed Manufacturing overhead 224,950

(5500*40.90)

(225,000/5500=40.90)

Gross Margin $385,550

Therefore Gross Margin will be $385,550

b. Preparation of a contribution margin income statement.

Contribution margin income statement

Sales 1,072,500

(5500*$ 195 per unit)

Less cost of goods sold:

Direct Material 198,000

(5500*36)

Direct Labour 143,000

(5500*26)

Variable manufacturing overhead 121,000

(5500*22)

Variable Marketing and administrative cost 44,000

(5500*8)

Contribution margin $566,500

Therefore Contribution margin will be $566,500

6 0

3 years ago

Under the allowance method for estimating uncollectible accounts: A. a company sets up an Allowance for Uncollectible Accounts

mr_godi [17]

Answer:

D. all of the above.

Explanation:

Allowance for doubtful accounts or Uncollectible accounts: It is that account in which the estimation amount would be recorded which can be received or not depending upon the circumstances.

It generally has a credit balance. Moreover, it also has a contra account as it deducted from the accounts receivable ending balance which is shown under the asset side of the balance sheet.

Thus, all the given statements are true.

4 0

3 years ago