The basic economic problem is that of scarcity and choice. This is because people have infinite wants in the face of limited resources, therefore decisions have to be made. The basic economic problem ensures that every society has to decide what to produce, how best to produce it, and for whom to produce it.
When a firm prepares financial reports by using absorption costing, <span>profits may decrease with increased sales even if there is no change in selling prices and costs. When you absorb costs that means all of the manufacturing costs are absurd by the units produced. The final cost of the inventory will include direct matters, labor and both variable and fixed overhead to product the units. </span>
A.
A.
D.
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Answer:
c.several of the characteristics of a high performing strategic leader.
Explanation:
Some of the characteristics of High performing strategic leaders are the ability to create long-term plan to achieve company's goals and making the employees able to fulfill their roles.
Both of these can be seen in the way Haruka Nishimatsu lead the company.
His career is tested during the Global depression that force Japan airlines to cut off their employees.
In response to this Nishimatsu took a strategic decision to cut off his own salary so the company could save large number of its employees. While other CEOs in the world earn million dollars per year, he only earned around $90,000 a year during that time.
He believed that saving employees will be more beneficial for the company in the long run.
In order to socialize with his employee, he make his office become an open space that is easily accessible to his employee. He also eat together in a staff room together with his employees so he can ask about the problems/experience that they face in the office.
Answer:
$12,000
Explanation:
Calculation for What Equity in Investee Income should BuyCo report for 2020
Equity income accrual $25,000
($100,000 × 25%)
Less: deferral of intra-entity unrealized gross profit ($3,000)
Less: Patent amortization ($10,000)
Equity in investee income $12,000
Calculation for Intra-entity unrealized gross profit
Profit within remaining inventory $12,000
× Ownership percentage 25%
Intra-entity unrealized gross profit 3,000
($12,000*25%)
Therefore Equity in Investee Income should BuyCo report for 2020 is $12,000