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nydimaria [60]
3 years ago
10

The use of capital in the production process ______.

Business
1 answer:
Ray Of Light [21]3 years ago
7 0

Answer:

The correct answer is letter "D": improves efficiency, increases output, and provides for growth.

Explanation:

In general, capital refers to financial resources. Capital includes financial assets used in manufacturing, as well as the machinery and equipment businesses. Investors purchase stocks or mutual funds using capital. Companies raise capital from a bond or stock sales to fund their operations. Although capital may be cash or currency, it is not the same as money.

<em>While talking about production, capital allows firms to hire qualified personnel that improves the company's efficiency which is likely to increase production or improve the quality of the output. Eventually, both an increase in efficiency and output contributes to the growth of an institution in the form of more profits.</em>

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Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
atroni [7]

Answer:

Correct answer is letter D, $11,000 cost, five-year life and $1,000 salvage value

Explanation:

To compute depreciation expense of an asset using straight-line method of depreciation, the information we needed is 3,

1. cost of an asset

2. life of an asset (in year)

3. residual value (if available)

<em>* residual value of an asset is to be determined by the company, some asset don't have scrap value assigned.</em>

<em />

<em>FORMULA </em>

<em>The difference between the cost of an asset and the expected residual value over the number of years it is expected to be useful.</em>

<em>(cost of an asset - residual value ) / life of an asset</em>

6 0
3 years ago
True or False: One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.
Ganezh [65]

Answer:

True

Explanation:

Predetermined overhead rate is estimated at the start of the period by dividing the estimated manufacturing overhead cost by an allocation base. Predetermined overhead rate is quite useful especially in eliminating seasonal effects. So, the above statement is a true one important reason to apply the predetermined overhead rate is to mitigate the effects of seasonal factors.

3 0
3 years ago
Robert Solis is a salesman in a company that specializes in event management. He uses the Internet to identify potential compani
TiliK225 [7]

Answer:

B

Explanation:

4 0
3 years ago
A monopolist can sell 26,000 units at a price of $30 per unit. lowering price by $1 raises the quantity demanded by 1,000 units.
Nutka1998 [239]
If he sells the shares at 30 per unit, the equation would be:
30*26000=780000

If he lowers the price to 29 per unit and ups the demand by 1k, it would be:
29*27000=783000

The resulting change would net him an additional 3000 dollars, so your answer would be B.
7 0
3 years ago
The boy scouts, the veterans of foreign wars, most civic organizations, and many groups that people join because of mutual inter
NISA [10]
The boy scouts, the veterans of foreign wars, most civic organizations, and many groups that people join because of mutual interest are all examples of voluntary associations.  They worked together as volunteers in a form of union or agreement working together for a unified purpose or mutual interest.
5 0
3 years ago
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