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3 years ago

Why does manufacturing matter to your daily life, even if you don't think about it much?

Business

2 answers:

Papessa [141]3 years ago

7 0

Answer:

A. Manufacturing industries produce everything we use.

Explanation:

The word 'Manufacturing' means production ultimately enabled by man for man.

Manufacturing is the core of the entire economic activity in a nation. Without manufacturing, there will be no service sector, whose main role is to service the manufacturing sector. Both the manufacturing and service sector are 2/3rd constituents of an economic system ( Agriculture being the third ). Hence, we can say that the economic growth of a nation is dependent on the state of Manufacturing sector in the economy.

That's why manufacturing matters to me because Manufacturing industries produce everything we use, on which the entire economy functioning depends.

Contact [7]3 years ago

3 0

Answer:A

Explanation:

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At the end of the prior annual reporting period, Mesa Industries's balance sheet showed the following:

Angelina_Jolie [31]

Statement of Stockholder's equity

Common stock Paid in capital Retained earnings Total stockholder's equity

Shares Amount

Balance as of December 31, prior year 6,300 $ 63,000.00 $ 20,000.00 $ 47,000.00 $ 1,30,000.00

Add: Net income $ 51,000.00 $ 51,000.00

Less: Dividends declared $ (18,900.00) $ (18,900.00)

Stock issue 2,000 $ 20,000.00 $ 30,000.00 $ 50,000.00

Balance as of December 31, Current year $ 2,12,100.00

Dividend = $326x 46000shares = $1196,000

Stockholders' equity refers back to the belongings final in a business once all liabilities had been settled. This figure is calculated by using subtracting overall liabilities from the total property; alternatively, it could be calculated by using taking the sum of percentage capital and retained profits, less treasury stock

.Stockholders equity (additionally called Shareholders equity) is an account on an agency's stability sheet that consists of percentage capital plus retained income. It additionally represents the residual fee of property minus liabilities.

Learn more about stockholders here;

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6 0

2 years ago

Customer service research shows that ____ of customers defect from a company because they were treated with an attitude of indif

dimaraw [331]

68% of customers defect from a company because they were treated with an attitude of indifference. Empathy from customer service associates plays a critical role with retaining customers.

6 0

3 years ago

Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cos

Dafna11 [192]

Answer:

$1.75 and $4,500

Explanation:

The computation of the fixed cost and the variable cost per unit by using high low method is shown below:

Variable cost per unit = (High total cost - low total cost) ÷ (High unit produced - low unit produced)

= ($74,500 - $36,000) ÷ (40,000 units - 18,000 units )

= $38,500 ÷ 22,000 units

= $1.75 per unit

Now the fixed cost equal to

= High total cost - (High units produced × Variable cost per unit)

= $74,500 - (40,000 units × $1.75)

= $74,500 - $70,000

= $4,500

We simply applied the above formulas

7 0

3 years ago

The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's Genera

d1i1m1o1n [39]

Answer:

The City of Mayville

The City should report $42,000 as restricted fund balance in its General Fund on December 31, 2019.

Explanation:

a) Data and Calculations:

Total fund balance in General Fund = $200,000

Inventory = $28,000

Prepaid Rent 10,000

Encumbrances 60,000

Restricted fund = $42,000

b) The City of Mayville's restricted fund balance is the cash balance that has been earmarked for specific or limited use by or for the City. Restricted funds ensure that donors detect and direct the usage of the funds.

5 0

3 years ago

In reviewing his company's operations, a risk manager noticed that all of the company's finished goods were stored in a single w

diamong [38]

Answer:risk control

Explanation:Risk control is a step in the hazard management process. It involves finding a way to neutralize or reduce an identified risk.

Risk control begins with a risk assessment to identify the presence and severity of workplace hazards. Employers must then implement the most effective controls available.

In order of effectiveness (from most effective to least), risk control methods include:

Elimination: removing the risk entirely

Substitution: swapping an item or work process for a safer one (for instance, switching to an industrial cleaner that poses fewer respiratory risks)

Engineering controls: modifications to the environment or equipment that poses the risk (such as installing mirrors in warehouses or machine guards on circular saws)

Administrative controls: modifications to the workflow or work process (for example, rotating employees through several different work tasks to prevent repetitive stress injuries)

Personal protective equipment: safety gear worn by the workers, such as hard hats, safety glasses, and chemical-resistant gloves

6 0

3 years ago