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JulsSmile [24]
3 years ago
15

It is understandable that productivity is rising faster in the service sector because service businesses have newer technologies

than the manufacturing sector and fewer laborers.a. Trueb. False
Business
2 answers:
Lina20 [59]3 years ago
8 0

Answer:

The answer is a. true

Explanation:

Service sector tend to be up to date when it comes to technology as this tends to help them provide services efficiently. Sector service tend to have fewer laborers compared to manufacturing sector as many processes in service provision are merely done by the evolving technology

garri49 [273]3 years ago
5 0

Answer:

The correct answer is letter "B": False.

Explanation:

The service sector is one of the largest worldwide only after raw materials and the manufacturing industry. The service industry provides the largest amount of jobs in the U.S. Around 80% of the total labor force is in a service-related position. However, productivity in the service sector is said to be stagnant because measuring the production per worker is not an easy task.

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When you retire 45 years from now, you want to have $1.25 million saved. You think you can earn an average of 7.6 percent on you
Leno4ka [110]

Answer:

$20,468.86 more if you wait

Explanation:

This is a time value of money question. You need to calculate the one time cashflow deposit (PV) as of today and as of 5 years and find the difference between the two.

<u>As of today</u>

Using a financial calculator, input the following;

Future value (FV) = 1,250,000

Interest rate (I/Y) = 7.6%

Duration of investment (N) = 45

Recurring payment (PMT) = 0

then compute PV = $<em>46,276.21</em>

<u>As of year 5,</u>

Future value (FV) = 1,250,000

Interest rate (I/Y) = 7.6%

Duration of investment (N) = 45 - 5 = 40

Recurring payment (PMT) = 0

then compute PV = $66,745.07

Therefore, you will pay (66,745.07 - <em>46,276.21) = $20,468.86 more if you wait</em>

7 0
3 years ago
Compute the total annualized inventory holding and ordering costs when the cost per order (S) is $75, the annual demand (D) is 1
mihalych1998 [28]

Answer:

total annualized inventory holding and ordering costs = $15,000

Explanation:

total number of orders per year = 120,000 units / 1,200 units per order = 100 orders per year

total ordering cost per year = cost per order x number of orders per year = 100 orders per year x $75 per order = $7,500

average inventory = 1,200 units / 2 = 600 units

annualized inventory holding costs = 600 units x 25% holding cost x $50 cost per unit = $7,500

7 0
2 years ago
On January 1, 2019, Upward Company purchased a copy machine. The machine costs $320,000, its estimated useful life is 8 years, a
qwelly [4]

Answer:

$60,000

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2 / 8 = 0.25

Depreciation expense in 2019 = 0.25 x $320,000 = $80,000

Book value at the beginning of 2020 = $320,000 - $80,000 = $240,000

Depreciation expense in 2020 = 0.25 x $240,000 = $60,000

I hope my answer helps you

6 0
3 years ago
Consider a file whose size varies between 4 kb and 4 mb during its lifetime. which of the three allocation schemes (contiguous,
uranmaximum [27]
Table/indexed.  
Let's look at the three options and see what their advantages and disadvantages are:  
Contiguous - In this scheme, the file is stored in contiguous blocks of the disk. It allows for easy random access of the data, but requires a contiguous sequence of blocks large enough to handle the entire file. Since the size of the file specified in this question varies quite a bit over it's lifespan, you're either going to be wasting a lot of space by having an allocation large enough to handle the maximum sized file, or the file will need to be copied whenever it grows and "bumps" into a file that was allocated after it. Because of this, this method is not the best.  
Linked - The file is stored as a single, or double linked list of file blocks. This allows for the file to grow or shrink as needed, using only the amount of space needed for the file. Unfortunately, this storage scheme doesn't allow for random access of the file contents and the file can only be accessed sequentially. The question for this problem doesn't specify how the file is being accessed, so as long as random access isn't required, then this would be a reasonable allocation scheme. But I'm assuming that random access will be required, in which case, this scheme isn't ideal.  
table/indexed - In this scheme, some disk blocks are used as tables to point to other disk blocks that actually contain the file data. It's almost as fast as contiguous allocation for random access of the file contents, yet allows for the growth and shrinkage of a file like linked allocation. As such, it handles all use cases at a relatively minor cost in total storage required. So this would be the most appropriate allocation scheme since the file access behavior wasn't specified in this question.
8 0
2 years ago
Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the
artcher [175]

Answer:

a. Journal Entry on September 1st, 2019:

Dr: Cash/ Bank     $50,000

Cr: Short Term Loan     $50,000

b. Journal Entry to accrue interest on December 31st, 2019 is:

Dr: Interest Expense    $1,333.33

Cr: Accrues Interest Expense     $1,333.33

c. Interest Expense on March 31st, 2020 is :

$1,000

d. The Total cash company will pay back on March 31st 2020:

52,333.33 (50,000 principal + 2,333.33 interest)

Explanation:

b. Annual Interest is $50,000×8% = $4,000 per annum.

The annual interest rate is prorated for 4 months (Sept 2019 -Dec 2019)

$4,000 *4/12 = $1,333.33

c. Interest expense for next fiscal year up till March 2020 is calculated by prorating annual interest expense for 3 months (Jan 2020- Mar 2020)

$4,000×3/12 = $1,000

8 0
3 years ago
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