Answer:
The answer is "The coal and steel industries".
Explanation:
In compliance with the terms of the 1975 Constitutional Act, on 5 June 1975, the UK promised a Vote on Inclusion in the European Union, often alluded to as the Vote on the European Union, the Single Market Vote as the EEC Participation referendum to measure support.
This Group established its Council of Europe Coal and Steel Community, that consolidated free flow of coal and steel as well as the freedom of access to sources of production in 6 countries.
Answer:
Option (b) is correct.
Explanation:
Given that,
Sales = 145,000 units
Desired ending inventory = 28,500 units
Beginning inventory = 21,750
Budgeted production in units for November:
= Sales + desired ending inventory - Beginning inventory
= 145,000 units + (190,000 × 15%) - 21,750
= 145,000 units + 28,500 - 21,750
= 151,750 units
Answer:
Operating Cash flow = $309,076
Explanation:
Operating Cash flow
Sales = $1,349,800
-Costs = $903,500
-Depreciation = $42,700
Operating Income = $403,600
-Tax = $137,224
Net Income = $266,376
Operating Cash Flow = Net Income + Non-Cash Expenses – Increase in Working Capital
Operating Cash flow = $266,376 + $42,700 - 0
Operating Cash flow = $309,076
Answer: Option B
Explanation: In simple words, cost cutting refers to the process in which an organisation modifies or re- implement its production and distribution process with the sole object of reducing the cost of production.
By reducing the cost of production an organisation can charge low prices for the product in the market and attract more customers. Although this process sounds straight but it is not easy for the firms orating at small level.
Large firms can easily cut their cost without affecting quality as they have huge scale of operations and they purchase inputs at a high volume which makes them applicable for particular discounts.
Thus, from the above we can conclude that the correct option is B.
Answer: Equilibrium price
The equilibrium price is that price at which the quantity of products supplied by producers is exactly equal to the quantity demanded by consumers.
In economic theory, the market forces of demand and supply generally tend to drive prices to the equilibrium.
If the price of product is too low, then excess demand for that product will drive prices higher until quantity demanded is exactly equal to quantity supplied. Conversely, if the price of a product is too, high, there will be no demand and the price falls until quantity demanded is exactly equal to quantity supplied and reaches a new equilibrium.