Answer:
This statement about finance is true.
Explanation:
Finance can be defined as the study of money management and activities related to it. It is concerned with allocation of assets and liabilities. It can categorized into three types, public, personal and corporate.
Studying finance is important for business students, irrespective of their majors as finance is crucial part of any business and plays a very vital role in the working of any organization. Finance lies at the core of the business decision making. It is thus necessary to understand the concept of finance.
Also, to all individuals, knowledge of finance is helpful as it is involved in our daily lives, in paying our bills and managing our taxes or in loans and mortgages.
To calculate the salary that Eugene is making the question would have to let us know the salary that he gets monthly.
From the amount that he receives, he would have to calculate what he has as his pension and also his cost of insurance.
He then has to compare the values with what he is being paid as his income monthly.
<h3>What is a person's pension?</h3>
This is the amount of money that a person is paid following the fact that they are now retired from active service.
Read more on pensions here: brainly.com/question/10318001
<span>Firm that uses alliances and connections with corporate, government, academic labs, and consumers to develop new products and processes uses open innovation, a newer approach to R&D.
In open innovation, firms should be using external and internal ideas, paths to market and advance their technology. R&D stands for research and development and this is a new way to describe, with some changes, a way organizations to conduct research and development. </span>
Answer:
The answer is: C) Many decisions are made on the margin.
Explanation:
In order to determine which actions Maria should undertake, she must first do a benefit cost analysis. The actions that generate more benefits than costs should be taken. If she want to maximize her benefits from her available resources (training time), she should chose the actions whose marginal benefits exceed their marginal costs.
Maria should spend as much time in the pool as possible, as long as it doesn´t hurt her total performance including her running and biking performance.
Answer:
$33,000
Explanation:
The calculation of the fixed cost and the variable cost per machine hour by using high low method is shown below:
Variable cost per hour = (High manufacturing overhead cost - low manufacturing overhead cost) ÷ (High machine hours - low machine hours)
= ($198,000 - $153,000) ÷ (110,000 hours - 80,000 hours)
= $45,000 ÷ 30,000 hours
= $1.5
Now the fixed cost is
= High manufacturing overhead cost - (High machine hours × Variable cost per hour)
= $198,000 - (110,000 hours × $1.5)
= $198,000 - $165,000
= $33,000