Answer:
management science
Explanation:
Operations management refers to the area of management whose primary concern is the design and control of production as well as the redesigning of business operations.
It is a very important aspect of management. Advancement in management sciences leads to advancement in operations management.
Answer:
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
Explanation:
Here are the options to this question :
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
B. your friend has no reason to be excited because higher pay implies more job responsibilities and more working hours.
C. your friend has every reason to be excited because he will be getting paid 120% of what he used to be paid.
D. your friend has reason to be excited because in a bigger city he will have more things to do and his higher salary will allow him to spend on those activities.
Cost of living in a big town is higher than living in a small town. Even though the nominal income of my friend has increased, the real income might not have increased due to the high cost of living in a big city.
Nominal income is the money income being earned. My friend's nominal income would increase from $50,000 to $60,000 if he takes the new job.
Real income is the purchasing power of income
Answer:
(A)
accumualted depreication equipment 41,000 debit
equipment 41,000 credit
(B)
accumualted depreication equipment 37,200 debit
loss at disposal 3,800 debit
equipment 41,000 credit
Explanation:
to retire the equipment itt will write-off their equipment account
if the accumulated depreication matches the book value then there will be no loss at disposal while if lower a loss will be recognized.
(a) 41,000 book value - 41,000 depreciation = 0 no loss
(b) 41,000 - 37,200 = 3,800 loss at disposal