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Tresset [83]
3 years ago
15

Suppose that fertilizerfertilizer is necessary to produce wheatwheat. if the price of fertilizerfertilizer fallsfalls​, the supp

ly curve of
Business
1 answer:
asambeis [7]3 years ago
4 0

Answer: Shift to the right

Explanation:

Fertilizers are an important input in wheat production. When the price of fertilizers fall, it leads to a decrease in cost of producing wheat. Thus, producers will supply more wheat in the market. As a result the supply curve for wheat will shift to the right leading to a fall in the price of wheat and an increase in the quantity of wheat sold in the market.

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During which phase of dmaic (define, measure, analyze, improve, control) is the sole purpose to demonstrate, with fact and data,
lawyer [7]
DMAIC is an acronym for Define, Measure, Analyze, Improve and Control. It is a procedure intended to enhance and keep up business forms. The period of which the sole intention is to show with actuality and information that your answers take care of your concern is "move forward." 
It alludes to an information driven change cycle utilized for enhancing, streamlining and settling business procedures and outlines. The DMAIC change cycle is the center device used to drive Six Sigma ventures.
7 0
3 years ago
The Peridot Company purchased machinery on January 2, 2019, for $800,000. A five-year life was estimated and no residual value w
Umnica [9.8K]

Answer:

1.- Without Retrospective effect

2.- No as it comes from a change in estimations not an accounting error.

3.- yes. It will give a full explanation about the reasons to extend the useful life.

4.- Depreciation expense for 2021: 60,000

Explanation:

1.- The change in the useful life does not represent an accounting error. It comes from the estimation process.

800,000 - 160,000 x 2 = 480,000 book value at beginning 2021

480,000 / 8 new useful life = 60,000 depreciation per year.

5 0
3 years ago
Income is one factor used in determining whether or not a job is middle class, and the other is?
torisob [31]

Income is one factor used in determining whether or not a job is middle class, and the other is the nature of the work.

In the United States, 50% of people live in the middle class, according to the most recent Pew Research Center survey from 2021. This is a reflection of the middle class's longer-term downward trend over the previous five decades.

According to a recent Pew research, the majority of Americans were not middle class for the first time since at least the 1960s.

Just 50% of adult Americans in America lived in middle-class households in 2021, compared to 54% in 2001, 59% in 1981, and 61% in 1971.

Both the middle class's demographic share and its part of the income pie have been declining.

To learn more about Pew Research Center here

brainly.com/question/11363612

#SPJ4

5 0
1 year ago
Based on the following data for the current year, what is the inventory turnover?
GenaCL600 [577]

Answer:

The answer is D.

Explanation:

Inventory turnover is a measure of the number of times inventory is being sold or used during a given period of time.

A high inventory turnover means a company is selling goods very quickly and that demand for their product exists. Low inventory turnover means weaker sales and ing demand for a company's products.

Inventory turnover = Cost of goods sold/Average inventory

Average inventory is:

($110,000 + $90,000)/2

=$100,000

Therefore, inventory turnover ratio:

$270,00//$100,000

2.7

3 0
3 years ago
A company's net sales were $676,600, its cost of goods sold was $236,810 and its net income was $33,750. Its gross margin ratio
algol13

Answer:

13.01%

Explanation:

Gross Margin Ratio = \frac{Net Sales - Cost of Goods Sold}{Net Income}

Gross Margin Ratio = \frac{676,000 - 236,810}{33,750}

Gross Margin Ratio = \frac{439,190}{33,750}

Gross Margin Ratio = 13.01%

Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.

7 0
3 years ago
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