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andriy [413]
4 years ago
13

Why is the production function useful for making business

Business
1 answer:
elixir [45]4 years ago
7 0
Companies use the production function to determine the optimal combination of labor and capital to produce a certain amount of out put. increasing marginal costs can be identified using the production function.
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Lantana Company has provided you with the transactions that occurred during its first month of operations. The Controller has al
mixer [17]

Answer:

To make a balance sheet in Excel from T-accounts data follow the below steps.

Explanation:

To make a balance sheet in Excel from T-accounts data follow the below steps.

Add current assets by giving link to the T-accounts data for example click on the cell where Current assets amount is to be added as "Cash" write = in the cell and click on the amount of cash balance available at the T-accounts.

Apply same to all accounts.

Current assets will include cash and supplies, Current liabilities will include notes payable and accounts payable and non-current assets will include land and equipment and common stocks will be added in equity.

Total current assets total will be calculated by writing "=SUM" then select the cells that needs to added together and press enter.

Apply same to all head accounts.

4 0
3 years ago
Yoko is defining her company's performance evaluation process. Which process requirement would help her organization most effect
Advocard [28]

Answer:

Option E. Ensure that performance standards are not vague.

Explanation:

Option E is correct because if the performance standards are not vague and are realistic then the evaluation will be more fair. It will also not demotivate the employees as they will be accepting what went wrong.

Option A is incorrect because we can use both subjective and objective performance indicators.

Option B is incorrect because ensuring less time to appraise the performance means that the appraiser hasn't acknowledged the full scenario hence the evaluation wasn't fair.

Option C is incorrect because distributive justice must be applied. As it helps in acknowleging what the organization has done wrong with the employees that has resulted in poor performance.

Option D is incorrect because if the performance indicators are not representative of tasks for which the person was accountable then the evaluation is not fair. I will be held accountable for things which I wasn't deligated responsibility. Hence employee must be accountable for the responsibility deligated.

5 0
3 years ago
g You want to save sufficient funds to generate an annual cash flow of $50,000 a year for 20 years as retirement income. You cur
Nonamiya [84]

Answer:

You need to save $4,012.45 each year

Explanation:

Pertiuty in 20 years  is $50,000.

So the amount must be in account after 30 years saving to enough for above pertiuty is calculated as below:

= $50000/(1+8%)+ $50000/(1+8%)^2+......+$50000/(1+8%)^20

= $50,000 * Annuity Factor ( 1-20 years) of 8%

=$50000*9.818

= $490,907

To have $490,907 (FV) in account after 30 years (tenor), now you have save an amount each year (PMT) calculated as below:

$490,907 = PMT*(1+8%)^30+....PMT*(1+8%)^2 + PMT*(1+8%)

= PMT * Discount Factor ( 1-30 years) of 8%

$490,907 = PMT * 122.346

-> PMT = $490,907/ 122.346

= $4,012.45

5 0
3 years ago
The percentage of the US labor force that is unemployed is known as the __________.
melamori03 [73]

Answer:

Explanation:

C

5 0
3 years ago
Do you think there weeks is enough time to observe all of the moons phases? why or why not?
Zinaida [17]
Considering the whole moon cycle takes about 28 days to complete, I would say that three weeks is NOT enough time to observe all of the moon phases. The waning crescent moon phase starts at about day 24 (which would be after the three weeks are up) therefore if you only viewed it for 21 days (3 weeks) you would not see all the phases. Hope this helps!
5 0
3 years ago
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