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3 years ago

What is the definition of managerial capitalism?

1 answer:

7 0

Managerial capitalism posits that dominant CEOs would no longer run businesses but instead hired employees would run the businesses as a new class of professional CEOs.

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What is the time of the slowest workstation in a production system?

GalinKa [24]

Correct/Complete Question:

What is the time of the slowest workstation in a production system?

A. utilization

B. bottleneck time

C. effective capacity

D. throughput time

Answer:

B, bottleneck time

Explanation:

A bottleneck in a production system refers to a constraint in the production system where supply takes the longest time to meet up with demand for a particular good.

In the production processes, bottleneck time is the time takencapacity of the ful in a certain process of production as a result of the limited capacity of the process, thereby reducing the entire production chain.

Simply put, a bottleneck is a delay in time of one of the production process thereby slowing down the entire production system.

Cheers.

3 0

3 years ago

Identify the framework for the entire accounting process and describe its components and how they fit together to form this fram

jeka57 [31]

Accounting is the process of constructing and maintaining financials. 
The framework for the entire accounting process is referred to as definitional framework. The framework provides a categorized structure that classifies the basic elements in accounting. The accounting equality shows that the assets of a business are equal to its equities. This means that Assets = Equities. Assets were defined earlier as the things of value owned by the business, or the economic resources of the business.

5 0

3 years ago

Read 2 more answers

During 2021, its first year of operations, Pave Construction provides services on account of $124,000. By the end of 2021, cash

7nadin3 [17]

Answer:

The adjusting entry for uncollectible accounts on December 31, 2021:

Debit Bad debts expense $9,600

Credit Allowance for uncollectible accounts $9,600

Explanation:

During 2021, Pave Construction provides services on account of $124,000. By the end of 2021, cash collections on these accounts total $92,000.

The balance of uncollected accounts on December 31, 2021 = $124,000 - $92,000 = $32,000

Pave estimates that 30% of the uncollected accounts will be uncollectible.

Estimated uncollectible = 30% x $32,000 = $9,600

The adjusting entry for uncollectible accounts on December 31, 2021:

Debit Bad debts expense $9,600

Credit Allowance for uncollectible accounts $9,600

8 0

3 years ago

Variables such as location, the North American Industry Classification System (NAICS) code, and type of buy are all examples of

victus00 [196]

The correct answer is this one: "segment an organizational market." Variables such as location, the North American Industry Classification System (NAICS) code, and type of buy are all examples of ways to: segment an organizational market.

8 0

3 years ago

A company had an unadjusted Cost of Goods Sold of $1,690,000. The company closes its underapplied or overapplied overhead to Cos

lakkis [162]

Answer:

"$1,673,750" is the appropriate answer.

Explanation:

The given values in the question are:

Applied overhead,

= $666,250

Actual overhead,

= $650,000