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levacccp [35]
3 years ago
13

Simon and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of san

dwich shops over the next 12 months and the projected growth in the areas where the stores are located. The managers are studying the _________ forces in their organization's general environment.1. economic
2. technological
3. socio-cultural
4. international
5. political
Business
1 answer:
Mashutka [201]3 years ago
3 0

Answer:

1. economic forces

Explanation:

Economic forces -

It refers to the factors , which include the area of interests like , the fiscal policies , monetary value , deflation , inflation , natural disaster , employment , interest rates etc . , is referred to as the economic forces .

The better the economic forces of a particular country , better is the economy of the country , or vice versa .

The economic force is very important to study about the country .

Hence , from the given scenario of the question ,

The correct option is 1. economic forces .

You might be interested in
A company's flexible budget for the range of 35,000 units to 45,000 units of production showed variable overhead costs of $2 per
Gnom [1K]

Answer:

c. $3,200 favorable.

Explanation:

We know that

Total controllable cost variance = Budgeted overhead cost - actual overhead cost

where,

Budgeted overhead cost =  Variable overhead + Fixed overhead

where,

Variable overhead = 40,000 units × $2 = $80,000

And, the fixed overhead = $72,000

So, the budgeted overhead = $152,000

And, the actual one is $148,800

So, the total controllable cost variance would be

= $152,000 - $148,800

= $3,200 favorable

7 0
3 years ago
A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annualized ROI?
Slav-nsk [51]
Return on  Investment = 83% or 0.83

total Profit = 75000
term = 6 yrs
annual profit = 75000 / 6 = 12500
initial investment = 15000

ROI = Net  Profit / Total Asset
       = 12500 / 15000
       = 0.83  or  83% (0.83 x 100%)
6 0
2 years ago
Mikail's perfectly competitive camera memory card–producing factory is making positive economic profits. If the price of memory
irina1246 [14]

Answer:

B. $6000

Explanation:

Given that

Price = $9

Average total cost (ATC) = $7

Output (Q) = 3000

Two methods can be used in calculating profit in this case.

The first method is

Profit = (price - ATC) × Q

= (9 - 7) × 3000

= 2 × 3000

= $ 6000

The second method is

Profit = Total revenue (TR) - Total Cost (TC)

Where TR = Price × Q = 9 × 3000 = $27000

TC = ATC × Q = 7 × 3000 = $ 21000

Therefore,

Profit = 27000 - 21000

= $6000

Any method used will result to the same answer.

NOTE THAT,

ATC = Total cost / Q.

So change of formula was used to obtain Total cost from this formula.

4 0
3 years ago
a. The Gap purchased inventories totaling $10,438 million during fiscal 2015. Use the financial statement effects template to re
BartSMP [9]

Question Completion:

The GAP is a global clothing retailer for men, women, children, and babies. The following information is taken from The Gap's fiscal 2015 annual report.

Selected Balance Sheet Data ($ millions)

                         2015   2014

Inventories       $1,901 $1,861

Accounts Payable 1,140   1,145

Answer:

The Gap

a) Cost of Goods Sold: $10,398

The cost of goods sold increases the Expenses and reduces the Net Income in the Income Statement.

b) The cash paid to suppliers is $10,443.

             

Explanation:

Data and Calculations:

Accounts Payable

Beginning balance   $1,145

Purchases               10,438

Payment                  10,443*

Ending balance         1,140

*Payment = Beginning balance Plus Purchases Minus Ending balance.

Cost of Goods Sold:

Beginning Inventories  $1,861

Purchases                    10,438

Ending Inventories        (1,901)

Cost of goods sold    $10,398

6 0
3 years ago
On December 31, 2021, Harris Co. leased a machine from Catt, Inc. for a five-year period. Equal annual payments under the lease
densk [106]

Answer: $5,222,400

Explanation:

Here is the complete question:

On December 31, 2021, Harris Co. leased a machine from Catt, Inc. for a five-year period. Equal annual payments under the lease are $2,100,000 (including $100,000 annual executory costs) and are due on December 31 of each year. The first payment was made on December 31, 2021, and the second payment was made on December 31, 2022. The five lease payments are discounted at 10% over the lease term. The present value of lease payments at the inception of the lease and before the first annual payment was $8,756,727. The lease is appropriately accounted for as a finance lease by Harris. In its December 31, 2022 balance sheet, Harris should report a lease liability of

a. $6,340,000.

b. $6,240,000.

c. $5,706,000.

d. $5,222,400

In its December 31, 2022 balance sheet, Harris should report a lease liability of:

Present value of annual lease payments = $8,756,727

Less: Annual lease payment on December 31, 2021 = $2,100,000

Less: Annual lease payment on December 31, 2022 = $2,100,000

Add: Interest expense on lease liability = $665,673

Lease liability = $5,222,400

Note that the interest expense on lease liability is calculated as:

= (8756727 - 2100000) × 10%

= $6,656,727 × 0.1

= $665,672.7 = $665,673

6 0
2 years ago
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