Answer:
It is True
Explanation:
NAKES system is unique among the classifications of economic activities because it was developed based on a conceptual framework (that of production function or production process) that guided its construction as much as possible. In it, activities that have similar production functions are classified in the same category and those that have different production are accommodated in different ones.
It was developed following this unique principle, which allows groupings to be created systematically, always under the same logic, which helps to avoid controversies and interpretation errors.
The System consists of five levels of aggregation: sector (the most aggregate, identified with two digits), subsector (three), branch (four digits), sub-frame (five) and activity class (the most disaggregated level, identified with six digits).
It is common to try to use NAKES to classify products, if the user has that intention with certainty the classifier will disappoint his expectations because the objective of the System is to classify economic activities, not products.
Answer:
The total amount of dividends paid over these three years: $8000
Explanation:
- Net income (loss) in three years
$7,100, ($1,600), and $3,600
=> the total net income is the first three years of operation is:
$7,100 - ($1,600) + $3,600
= $9,100
This money is not kept in the Retained Earnings because it is used for dividend payment. But Earnings balance at the end of year three is $1,100, so the total amount of dividends paid over these three years:
= Total net incomes - Retained Earnings
= $9,100 - $1,100,
= $8000
Hope it will find you well.
Answer:
$1,800,000
Explanation:
The veteran player makes $1.6 million per year.
The new prayer will be paid $1 million per year.
the Savings per year will be
= $1, 600,000 - 1,000,000
= $ 600,000
The savings in three years will be
=$600,000 x 3
=$1,800,000
Answer:
Results are below.
Explanation:
Giving the following information:
<u>The flexible budget is adapting the standard costs to the actual quantity.</u>
<u>Fabricating Department:</u>
Depreciation= $2,300
Standard hourly rate= 2,300/640= $3.594
The department completed 600 hours of production.
Actual budget:
Depreciation= 2,300
Direct labor= 3.594*600= 2,156.4
Total cost= $4,456.4
<u>Grinding Department:</u>
Property tax= $30,000
Standard hourly rate= 55,200/2,400= $23
The department completed 2,900 hours of production.
Actual budget:
Property tax= $30,000
Direct labor= 23*2,900= 66,700
Total cost= $96,700
Answer:
Just be your best self. I always greet by shaking hands, stating my name and asking them how they are. I told my teachers I am looking forward to the upcoming year. leaving a good impression is key! (I generally do not care what other students think of me, but you may be different.)