Answer:
concurrent control
Explanation:
Concurrent control (also known as steering or preventive control) is the process of monitoring activities in real time so as to identify and preventing problems from happening thereby producing the desired result and completion of activity in time. This involves applying regulations on the ongoing process based on standards, rules, codes, and policies so that they conform to the organization or company standards
Answer:
a. -$210,000
b. $455,000
Explanation:
a. Company's net income
Sales. 2,275,000
Less:
Cost of goods sold
1,285,000
Administrative and selling expenses
535,000
Depreciation expense
420,000
EBIT
35,000
Less interest
245,000
Taxable income
-$210,000
Taxes 21%
Nil
Net income
-$210,000
b. The operating cash flow for the year
OCF = EBIT + depreciation - taxes
OCF = 35,000 + 420,000 - 0
OCF = $455,000
c. Net income was negative due to the deductibility of interest expense and depreciation.
The actual operating cash flow was positive due to the fact that depreciation is a non cash expense, and also interest is a financing and not an operating expense.
Economics in many cases is an exact science, but usually it is a practical one that has applications. Thus there are some practical goals that need to be answered with the use of economics and an easy to summarize form of them are the five fundamental questions of economics. 3 of the choices above are such fundamental questions; determining the way of production, the receiver of the production as well as the ways in which the economic system can change are of fundamental importance to the science of economics. The other 2 questions are: What products will be produced ? and How can we foster progress?
Choice d is a pretty important question too (that falls somewhat under a) but the fact that it mentions the government specifically makes it less general than the other propositions so it is not a fundamental question.
Answer:
Heterogeneous-shopping products(Shopping product)
Explanation:
Products can simply be said to be services, events, places, ideas, person e.t.c.
There are four types of consumer product classes namely:convenience, shopping, speciality and unsought.
Shopping products are homogeneous and heterogeneous in nature.
Homogeneous shopping products usually need enough exposure to facilitate price comparison; they differs in style, comparison, quality and price sensitivity is high e.g housing.
Answer:
I. Rex's option is worth at least $100 today.
and
IV. Rex's option has less value today than when he bought it.
