Answer:
1. Profit
2. Business
Explanation:
Profit may be defined as the income which is distributed to the owner in the production process of a profitable market. In other words it is the extra revenue generated by the company that is in excess of the money spend as expenses. It is the difference between the earned income and the costs.
Business is a regular work or occupation or trade of a person. It refers to an organized efforts as well as the activities of any individual to produce the goods and services and sell them for a profit.
Answer and Explanation:
Forecast error is a difference between Estimated data and real data, here Estimated data is referred to as forecast data.
According to rational expectations principles, expected forecast error's average always near to be zero.
Expected forecast error may be forecast or predict in future.
So, Expected forecast error will be zero (0%)
Answer:
Option D Research & development and marketing.
Explanation:
Because research and development helps the company transform the product and bring easeness for the company to manufacture and compete in the market due to its features. The company also requires marketing strategy that best suits the introduction of products to its users which means it is very important to market the product because new products require greater level of marketing than ordinary products.
Answer:
$168,250
Explanation:
Total Cash Collection would include cash collected from both Cash Sales and Credit Sales.
<u>Summary for Calculation of January Cash Collected</u>
Cash Sales $60,000
Credit Sales :
For January Sales ($160,000 × 45%) $72,000
For December Sales ($55,000 × 55%) $30,250
For November Sales ($30,000 × 20%) $6,000
Total Collection $168,250
Conclusion :
The total cash collected during January by LaGrange Corporation would be $168,250

<h3>There are fourteen principles of management. They are:</h3>
- Division of work
- Authority and responsibility
- Discipline
- Unity of Command
- Unity of Direction
- Subordination of individual interest
- Remuneration
- Centralization
- Scaler Chain
- Order
- Equidity
- Stability
- Initiative
- Escript de Crops

