Answer:
profit sharing
Explanation:
profit-sharing plan can be regarded as retirement plan which is designed to let an employee to have a share in the profits of a firm. In this particular plan some percentage of the profit made by the company,firm can be received by the employee using the quarterly or annual earnings of the employee as the basis.
Answer:
Bigyan mo ako ng pick para maanswer
Explanation:
patawad talaga
Answer:
Net cash provided by operating activities is $325,000.
Explanation:
Lacey Company
Cash Flow Statement (Operating Activities Only)
December 31, 2022.
<u>Details Amount ($)</u>
Net Income 310,000
Depreciation expense 45,000
Increase in accounts receivable (55,000)
Decrease in inventory 12,000
Increase in accounts payable 6,000
Increase in prepaid expenses (4,000)
Decrease in income taxes payable 3,500
Gain on disposal of land <u> 7,500 </u>
Net cash provided (used) by operating activities <u> 325,000 </u>
Answer:
A. That's the point where total revenue is maximized
Explanation:
Demand Curve is a downward sloping curve representing inverse relationship between price & quantity demanded.
Elasticity of Demand is the responsiveness of quantity demanded to price change. It can be measured geometrically on a demand curve point by :
Demand curve segment below the point / Demand curve segment above the point.
This way the elasticity keeps on decreasing as we move downwards on the demand curve [Ed=∞ to Ed >1 to Ed = 1 to Ed < 1 to Ed = 0] i.e [from perfectly elastic to elastic to unitary elastic to inelastic to perfectly inelastic demand].
If Demand is Elastic [Ed >1] : There is negative relationship between price and Total Revenue. This point is on the upper segment of demand curve as per geometric method, P- TR negative relationship implies that TR can be increased by decreasing Price.
If Demand is Inelastic [Ed <1] : There is positive relationship between price &total revenue. This point is on the lower segment of demand curve as per geometric method, P-TR positive relationship implies that TR can be increased by increasing price.
So: The best Total Revenue Maximising point is on the middle of demand curve where demand is unitary elastic [Ed=1] - as any other deviation from this point would create an incentive to change price to generate higher revenue.
I would say thats a business operations need!
Hope this help! :)