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Natali5045456 [20]
3 years ago
8

Why do we use a plug key in the circuit?​

Business
1 answer:
madam [21]3 years ago
6 0

Answer:

we use a plug key in the circuit because to avoid from the electric shock ...

You might be interested in
Why is the cost of goods sold account part of a trading business only? The cost of goods sold account is part of a trading busin
ELEN [110]

COGS is sometimes referred to as cost of sales and refers to the production costs for products manufactured and sold or purchased and re-sold by the company. These costs are an expense of the business, and they reduce the revenue the company makes from selling its products.

For example, say your business assembles a completed widget from various inventory parts and sells it online for $15. The parts of the widget and the direct labor required to assemble them cost $10.

The $10 cost is deducted from the widget's sale price to determine the gross profit it generates, and the taxes on that profit. The IRS allows you to include a variety of costs in this calculation.  

Cost of goods sold is determined annually by showing changes in the company's balance of "goods" or inventory, from the beginning to the end of the company's fiscal (financial) year, and it is included in the company's income statement. The income statement information is included on the business tax return and used to calculate adjusted gross income as well as net income for tax purposes.

What's Included in Cost of Goods Sold

Cost of goods sold includes the direct cost of producing the product or the wholesale price of goods resold and the direct labor costs to produce the product. Specifically, it can include:

Cost of raw materials.

Cost of items purchased for resale.

Cost of parts used to construct a product.

COGS also includes other direct costs such as labor to produce the product, supplies used in manufacture or sale, shipping costs, costs of containers, freight in, and overhead costs directly related to the manufacture or production activity (like rent and utilities for the manufacturing facility).

Finally, COGS includes indirect costs such as distribution costs and sales force costs that are also directly related to the products the company sells.


8 0
3 years ago
Is L. Gore a mechanistic or an organic organization? Support your answer with examples from the case?
wel
Organic organization , uses an extremely organic organizational structure. ... In a simple, stable environment, therefore, companies benefit from the efficiencies created by a mechanistic organizational structure.
6 0
3 years ago
Match the given distinctiveness to the type of equity or debt finance that is available for a business.
nata0808 [166]

Answer:

See below

Explanation:

<u>Common stock</u>

The equity holders have a right to vote on corporate policy. In the case of liquidation, common stockholders are last in line in the distribution of the company's assets.

<u> Preferred stock </u>

The equity holders are paid dividends at regular intervals.  Preferred stockholders have a priority in dividends payments over common shares but have no voting rights.

<u>Retained earnings</u>

The profit is used in the business. Retained earnings are profits that a company's management opts to distribute to shareholders as dividends.

<u>Senior debt</u>

The lenders are always paid within a predetermined time. Senior debts are low risk as they are given priority over other debts in repayment.

<u>Subordinate debt</u>

The debt carries more risk and is not the first in line to be paid. In the event of liquidation, subordinate debts are considered last in order of payment.

5 0
3 years ago
Suppose that a financial crisis decreases investment spending by $100 billion and the marginal propensity to consume is 0.80. As
erastovalidia [21]

As a result of the decrease in investment spending, the real GDP will change by -$500 billion.

<h3>How much will real GDP change by?</h3>

The decrease will depend on the multiplier which is found as:

= 1 / ( 1 - Marginal propensity to consume)

= 1 / (1 - 0.8)

= 1 / 0.2

= 5

The change will be:

= Decrease in spending x multiplier

= - 100 x 5

= -$500 billion

In conclusion, real GDP will decrease by $500 billion.

Find out more on Marginal propensity to consume at brainly.com/question/17930875.

6 0
2 years ago
What does it mean when the demand for a product is inelastic?
telo118 [61]
It means it's not stretchy like plastic non elastic  <span />
5 0
3 years ago
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