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3 years ago

Specialization of labor results in the production of large quantities of a product.a. trueb. false

Business

1 answer:

il63 [147K]3 years ago

6 0

Answer: True

Explanation: Specialisation of labour in production is the process of classifying People who have different skills, talents, and interests into groups so they will be better at what they do.

Specialisation in certain tasks often aid workers to produce more quickly and with higher quality especially in assembly line laborers.

Specialization also allows businesses to take advantage of economies of scale, which means that for many goods, as the level of production increases, the average cost of producing each individual unit declines.

The division and specialization of labor has been a force against the problem of scarcity as more product will be produced as against when there is not specialisation in division of labour.

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Casey transfers property with a tax basis of $2,000 and a fair market value of $5,000 to a corporation in exchange for stock wit

lidiya [134]

Answer:

The amount realized by Casey in the exchange $ 4700

Explanation:

Fair market value of stock received = $4000

Add: cash in transaction that qualifies for deferral under section 351 = $400

Add: assumed mortagae = $600

Less: selling expense = $(300)

Amount realized by casey in exchange = 4000 + 400 + 600 - 300

= $ 4700

5 0

3 years ago

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f

dimulka [17.4K]

Answer:

1. 34.43%

2. 0.50

3. 17.31%

Explanation:

Alyeska services company has a sale of $18,300,000

The net operating income is $6,300,000

The average operating assets is $36,400,000

(1) The margin can be calculated as follows

Margin= net operating income/sales ×100

= $6,300,000/18,300,000×100

= 0.34426×100

= 34.43%

(2) The assets turnover ratio can be calculated as follows

= Sales/Average operating assets

= $18,300,000/$36,400,000

= 0.50

(3) The Return on investment ROI can be calculated as follows

= Net operating income/Average Operating assets × 100

= $6,300,000/$36,400,000 × 100

= 0.17307×100

= 17.31%

Hence the margin, assets turnover ratio and ROI are 34.43%, 0.50 and 17.31% respectively

6 0

3 years ago

The periods of time to undertake goals can be:

grandymaker [24]

Answer:

Short-term

Explanation:

People strive to achieve goals within a set time limit by time.

3 0

3 years ago

Southampton Inc. issued 8% bonds with a face amount of $100 million on January 1, 2018. The bonds mature on December 31, 2032 (1

Anon25 [30]

Answer:

The present value of the bonds on January 1, 2018 is $84.63 million

Explanation:

8% coupon payment of bond for a period of 15 year at a discount rate of 10% is the an annuity. Value of this bond will be calculated by following formula

Coupon payment = 100 x 8% = $8 million annually = $4 million semiannually

Number of periods = n = 15 years x 2 = 30 periods

Yield to maturity = 10% annually = 5% semiannually

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $4 million x [ ( 1 - ( 1 + 5% )^-30 ) / 5% ] + [ $100 million / ( 1 + 5% )^30 ]

Price of the Bond = $4 million x [ ( 1 - ( 1 + 0.05 )^-30 ) / 0.05 ] + [ $100 million / ( 1 + 0.05 )^30 ]

Price of the Bond = $4 million x [ ( 1 - ( 1.05 )^-30 ) / 0.05 ] + [ $100 million / ( 1.05 )^30 ]

Price of the Bond = $61.49 + $23.14 = $84.63 million

8 0

3 years ago

When a company is using the direct write-off method, and an account is written off, the journal entry consists of a:____.

REY [17]

When a company is using the direct write-off method, and an account is written off, the journal entry consists of a: uncollectible account.

The entry to put in writing off the bad account under the direct write-off method is: Debit Bad Debts Expense (to report the quantity of the loss on the company's income statement) Credit assets (to remove the number that may not be collected).

Under the direct write off method, when a little business determines an invoice is uncollectible they will debit the Bad Debts account and credit assets immediately. This eliminates the revenue recorded likewise because the outstanding balance owed to the business within the books.

Using the direct write-off method, your business reports the complete amount of what customers owe when a credit sale is created. This is often spoken as an asset. But if your company were to possess uncollectible assets, the number in assets would be too high.

Direct write-off method. The direct write-off method involves writing off a foul debt expense directly against the corresponding receivable account. Therefore, under the direct write-off method, a particular dollar amount from a customer account is written off as a nasty debt expense.

learn more about write-off method: brainly.com/question/24108628

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7 0

1 year ago