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Maru [420]
3 years ago
10

Time span during which cash is paid for goods and services which are then sold to customers

Business
1 answer:
DiKsa [7]3 years ago
8 0
Operating Cycle.  
It is the normal timeframe required for a business to influence an underlying expense of money to create to products, offer the merchandise, and get trade from clients out trade for the products.   
We can likewise say that it is the quantity of days an organization takes in understanding its inventories in real money. It is same as the time taken in offering inventories in addition to the time taken in recuperating money from exchange receivables.
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As the price of good X rises from $10 to $12, the quantity demanded of good Y rises from 100 units to 114 units. Are X and Y sub
Darina [25.2K]

Answer: Substitute

Explanation:

Substitute goods are the goods that can be used for the same purpose. Complement are the goods that are used together e.g. car and petrol.

It should be noted that when the price of a good increase, people move to the substitute and this will being about the rise in the quantity demanded of the other good.

Therefore, as the price of good X rises from $10 to $12, the quantity demanded of good Y rises from 100 units to 114 units shows that the are substitutes.

4 0
2 years ago
The value chain expresses the idea that different functions within the firm are interconnected and only by working together can
frosja888 [35]

Answer:

True.

Explanation:

The value chain expresses the idea that different departments within a firm should operate interdependently which will not only increase the efficiency of the firm but also create a value for customer to compete in the competitive environment. It is very important for the departments within an organization to operate in cooperation with one another as it would make the attainment of the goal easier and that too within stipulated time frame.

8 0
3 years ago
Someone add a random question I need it I’ll give brainless it’s just the questions are toooo hard pls
Brut [27]

Answer:

ok go too my profile

Explanation:

5 0
3 years ago
Luma Inc. has provided the following data concerning one of the products in its standard cost system.Col1 Inputs Direct material
polet [3.4K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Standard cost= 6.90 per ounce

Standard quantity= 4.8 ounces per unit

Actual output 2,100units

Actual price of raw materials $7.80 per ounce

Actual cost of raw materials purchased $81,900

Raw materials used in production 10,090 ounces.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.9 - 7.8)*10,090= $9,081 unfavorable

3 0
3 years ago
Which of these groups of workers is not a part of Handy's Shamrock organization?
kolezko [41]

Answer:

#1 Outsourced workers

Explanation:

Outsourced workers are not employees of Handy's Shamrock organization. They are workers who have been contracted by Handy Shamrock to carry out specific functions.

In most cases, outsources workers are employed by a company that specializes in certain tasks. For example, Handy Shamrock may need cleaning workers. Instead of hiring cleaners, they may contract a cleaning company to do the job for them.  The cleaning company workers that will be cleaning at Handy Shamrock will be outsourced workers.

4 0
3 years ago
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