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3 years ago

What does it mean to use critical-thinking skills?

Business

2 answers:

salantis [7]3 years ago

8 0

Answer:

It means thinking carefully to improve understanding and apply good judgment.

Explanation:

12345 [234]3 years ago

4 0

D. is the answer..Critical-Thinking means using good judgement to solve a problem or quesiton.

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The Federal Advisory Council of the Federal Reserve decides if any changes to the money supply are needed.

Reika [66]

The correct answer for this question is: TRUE. The Federal Advisory Council of the Federal Reserve decides if any changes to the money supply are needed. It is one of the responsibilities of the Federal Advisory Council of the Federal Reserve regarding to money supply that is needed.

5 0

3 years ago

Hayes Inc. provided the following information for the year 2015:

zysi [14]

Answer: The unit Product cost is $32.09

Explanation:

Add : Direct Material. 35

Add: Direct Labour 16

-------------

Prime Cost. 51

Add: variable manufacturing overhead. 15

Add: Fixed manufacturing overhead. 24,000

-----------------

Production cost. 24,066

-------------------

To determine the unit Product cost for the year we will divide the production cost by the unit produced

Production cost ÷ unit produced

Since the the production cost is $24,066 and unit produced is 750unit

24,066÷ 750

= 32.088

= 32.09

Therefore the unit Product cost is $32.09

7 0

3 years ago

TB MC Qu. 08-156 Fortune Drilling Company acquires... Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,00

OlgaM077 [116]

Answer:

Fortune Drilling Company

Journal Entry:

Debit Depletion Expense $1,350,000

Credit Accumulated Depletion $1,350,000

To record the first year's expense.

Explanation:

a) Data and Calculations:

Acquisition cost of mineral deposit = $5,900,000

Additional costs incurred = $600,000

Total costs of mine = $6,500,000

Estimated mineral deposit = 2,000,000 tons

Estimated years of extraction = 5 years

First year's extraction quantity = 418,000

Expenses for the first year = 418,000/2,000,000 * $6,500,000

= $1,350,000

Analysis:

Depletion Expense $1,350,000 Accumulated Depletion $1,350,000

7 0

3 years ago

An investor sold mjs stock, a stock not currently owned in her portfolio. this is:______.

belka [17]

An investor has sold MJS stock, a stock not currently owned in her portfolio--------Bearish

What Is a Portfolio?

A portfolio is a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs). People generally believe that stocks, bonds, and cash comprise the core of a portfolio.

What is a portfolio for a company?

The portfolio is a collection of the products, services and achievements of the company. The goal of a company portfolio is to create a presence of the business on the market, attract more customers and to show how the business differs from its direct competitors on the market.

What does bearish mean trading?

A bear is an investor who is pessimistic about the markets and expects prices to decline in the near- to medium-term. A bearish investor may take short positions in the market to profit off of declining prices. Often, bears are contrarian investors, and over the long-run bullish investors tend to prevail.

Learn more about bearish:

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2 years ago

The ideas of Adam Smith and Karl Marx 1. ___ used the metaphor of the "invisible hand" to: a. Describe how the individual pursui

melisa1 [442]

Answer: 1. A - Describe how the individual pursuit of self-interest works to promote the interest of the public as a whole

2. A- Both Adam Smith and Karl Marx believed that humans are motivated by self-interest

Explanation:

1. According to Adam Smith who is known as the father of modern economics stated in his thesis that individual's self-interest and freedom of production as well as consumption is in the best interest of the society as a whole.

Each Individual's free exchange creates signals about which goods and services are valuable. These signals will spontaneously direct competing consumers, producers, distributors, and intermediaries—each pursuing their individual plans— to fulfill the needs and desires of others.

Smith’s invisible hand became one of the primary justifications for an economic system of free market capitalism.

2. Pairing that best describes Adam Smith's view of human motivation in a market economy and Karl Marx's view of human motivation in a communist economy: Both Adam Smith and Karl Marx believed that humans are motivated by self-interest as they both believe that the economy is a capitalist economy that all its good and services are in the hands of private individuals.

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3 years ago