Answer:
The quantity supplied will increase which explains the shape of the supply curve
Explanation:
There is a positive direct correlation between price and quantity supplied. When the price of a commodity increases, producers are motivated to increase the supply of their commodities in order to earn higher prices. Similarly, when the price of the commodity falls, producers will supply less of the commodity since the commodity will be less profitable.
Answer:
Operating profit margin = operating profits ÷ turnover
= 405000 ÷ 4,050,000
= 0.1 = 10%
ROI = Net operating Income/ Average Operating assets
= 405,000 ÷ 1620,000
= 0.25 = 25%
(note: Average operating assets = ( opening operating assets + closing operating assets ) ÷ 2 )
Turnover = sales/ average operating assets
= 4,050,000/ 1620,000
= 2.5
Residual income
minimum required return = minimum required rate of return × average operating assets
= 15% × 1620000
= 243000
Residual income = net operating income - minimum required return
= 162000
Answer:
the high-low method
Explanation:
The high-low method -
It is the method used by comparing the total cost of the highest level of activity with the lowest level of activity , is referred to as the high - low method.
This method is used in order to separate the fixed and variable costs for a limited amount of data .
Hence , this method compare the data of two points .
Therefore , the correct option from the given options is the high - low method.
Answer:
The correct answer is geographic structure.
Explanation:
An organizational structure is the official design of a company's staff. The structure clearly defines the relationships of subordination, the authority in decision-making, and the physical location of employees of various departments. A geographic organizational structure groups representatives of each functional department into units formed to serve a specific market or region. Geographic units can be highly effective if they are located within the regions that serve and employ workers in the local work environment.
