Answer: c. 12 minutes
Value added time is the amount of time it takes to actually produce and improve a product. In the case of Sarasota company who manufactures pillows, value added time is the production time which is 4 minutes in cutting and 8 minutes in the assembly, total of 12 minutes.
Based on the information given the aggregate expenditures must be: $295 billion.
Using this formula
Aggregate expenditure= Consumption expenditures+ Total investment + Exports
Where:
Consumption expenditures=$200 billion
Total investment= $50 billion
Exports=$45 billion
Let plug in the formula
Aggregate expenditure=$200 billion+$50 billion+$45 billion
Aggregate expenditure=$295 billion
Inconclusion the aggregate expenditures must be: $295 billion.
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Answer:
The price elasticity of supply is 1.42.
Explanation:
The price elasticity of supply is the measure of the degree of responsiveness of quantity supplied to a change in price. It is the ratio of proportionate change in quantity supplied and proportionate change in price.
An economist doing an analysis on the market for original paintings finds that a 7% increase in price will lead to an increase in the quantity supplied by 10%.
Price elasticity of supply
=
=
= 1.42
Answer:
Dr Interest Expense $805.44
Cr Cash $756
Cr Discount amortization $49.44
Explanation:
Preparation of the journal entries to correctly records the 2019 interest expense
Based on the information given the journal entries to correctly records the 2019 interest expense will be :
Dr Interest Expense $805.44
($10,068 * .08)
Cr Cash $756
($10,800 * .07)
Cr Discount amortization $49.44
($805.44-$756)
(To record Interest Expense)
Answer: C. identifying the positive elements of an organization or work unit that is performing well
Explanation:
The Appreciative Inquiry Process is a proposed method of organisational change that aims at capitalizing on the strengths of a company. In other words, this process believes that a company should focus on what it is good at and then improve performance from there.
The first step is the Discovery step. This is where the company explores, identifies, then appreciates the processes in the business that are already working well hence option C is correct.