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3 years ago

What is the main international test of reading given to students?

1 answer:

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The Progress in International Reading Literacy Study (PIRLS)<span>

This is an international study or assessment, conducted by the International Association for the </span>Evaluation of Educational Achievement (IEA), <span>that measures student learning or achievement in reading, particularly of fourth graders. The study includes assessment on the student's attitudes, habits and experiences of the students in reading. They also include in the assessment the school and teacher practices related to the instruction of reading. </span>

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Consider a firm which produces T-shirts according to Q = L^0.5, where Q denotes output and L is labor input. The domestic wage i

Luden [163]

From the calculation below, the profit-maximizing labor input is 0.0625, and the profit of the firm is 0.125.

<h3>How do we determine profit-maximizing labor input and profit?</h3>

From the question, we can obtain:

R = Revenue = Q*P = L^0.5 * 1 = L^0.5

C = Cost = w * L = 2L

P = Profit = R - C = L^0.5 - 2L

To obtain the profit-maximizing labor input, the first derivative of P is taken, equated to zero, and we solve for L as follows:

P' = 0.5L^-0.5 - 2 = 0

0.5L^-0.5 = 2

L^-0.5 = 2 / 0.5

L^-0.5 = 4

L^(-0.5/-0.5) = 4^(-1/0.5)

L = 0.0625 ----> profit-maximizing labor input

The profit (P) of the firm can now be calculated by substituting L = 0.0625 into the P function as follows:

P = 0.0625^0.5 - (2 * 0.0625) = 0.125 --------> Profit of the firm

Learn more about profit function here: brainly.com/question/16866047.

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4 0

2 years ago

Elena works in the audit department of a practice as an audit administrator. She assists the audit teams by recording and proces

EleoNora [17]

Explanation:

I would leave out the part about the people you currently work with and just state that you are a team player and the you love to be around people who are outgoing and you are very sociable and a quick learner

4 0

3 years ago

Manning Manufacturing Inc. had the following items that require adjustment at year end.

Ostrovityanka [42]

Answer:

1. a. Debit Salaries $5,320

Credit Accrued Salaries $5,320

Being accrued salaries for December 31

b. Debit Utilities $1,970

Credit Accrued Utilities $1,970

Being accrued Utilities for December 31

c. Debit Interest $925

Credit Accrued Interest $925

Being accrued Interest note payable for December 31

2. Income statement will be overstated by the sum of $8,215

Explanation:

The are the adjusting entries needed at December 31.

1. a. Debit Salaries $5,320

Credit Accrued Salaries $5,320

Being accrued salaries for December 31

b. Debit Utilities $1,970

Credit Accrued Utilities $1,970

Being accrued Utilities for December 31

c. Debit Interest $925

Credit Accrued Interest $925

Being accrued Interest note payable for December 31

2. The effect on the financial statements if these adjusting entries are not made is that the income statement will be overstated by the sum of $8,215 , Below is the computation:

Salaries $5,320

Utilities $1,970

Interest <u> $925 </u>

Total expenses <u> $8,215 </u>

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3 years ago

The chart shows the pricing history for two items. Which person saved the most money by buying a product at the right time?

pishuonlain [190]

The person that waited six months to purchase the game system (A)

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3 years ago

Read 2 more answers

On January 1, Five Star Services has the following balances: Accounts Receivable $ 28 comma 000 (debit) Bad Debts Expense $ 0

jeka94

Answer:

At the end of January, the balance of Accounts Receivable is $ 59,000.

Explanation:

Given that,

Accounts Receivable - $ 28,000 (debit)

Bad Debts Expense - $ 0

Credit sales - $ 140,000

collections of credit sales - $ 90,000

Write minus offs - $ 19,000

Under write minus off method, the chances of bad debts is high which is important to recognized while doing the calculation of accounts receivable.

The balance of accounts receivable is computed below:

= Beginning balance of accounts receivable + credit sales - collection of credit sales - write minus off

= $ 28, 000 + $ 140,000 - $ 90,000 - $ 19,000

= $ 59,000

Thus, at the end of January, the balance of Accounts Receivable is $ 59,000

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3 years ago