Answer:
a) A gain is subtracted from net income.
d) An increase in operating current assets is subtracted from net income.
e) A decrease in operating current liabilities is subtracted from net income.
Explanation:
Operating activities: It involves those transactions that affect the after-net income working capital. It would subtract the rise in current assets and a decrease in current liabilities while add a decrease in current assets and an increase in current liabilities.
It would modify those changes in working capital. For addition, the depreciation costs are added to the net income and the loss on the sale of assets is applied, while the gain on the sale of assets is excluded
So, the following options are used-
a) A gain is subtracted from net income.
d) An increase in operating current assets is subtracted from net income.
e) A decrease in operating current liabilities is subtracted from net income.
Although test marketing costs can be high, they are often small when compared with the costs of a major mistake.
<h3>What is meant by test marketing?</h3>
Before a larger release, a product or marketing campaign is made accessible on a restricted basis to test markets with the intention of examining consumer reaction. It's crucial to keep in mind that customers who have been exposed to the product or campaign can unknowingly be a part of a test group.
Standard test markets, controlled test markets, and simulated test markets are the three different types of test markets. The main users of test markets are marketers of consumer packaged goods. Products supplied in packets that people use practically daily are referred to as consumer packaged goods (CPG).
Even while test marketing expenses can be considerable, they are frequently insignificant when weighed against the price of a significant error.
To learn more about test marketing refers to:
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Answer:
Optimal package size = 4 units
Optimal package price = $20
Explanation:
P = 8 - 1.5Q and C(Q) = 2.0Q, MC = 2
To obtain optimal package size, we put
Price is equal to the marginal cost, P = MC
8 - 1.5Q = 2
1.5Q = 6
Q = 6 ÷ 1.5
= 4
Therefore,
Optimal package size = 4 units
Hence,
Optimal package price:
= 0.5[8 - 2] × 4 + 2 × 4
= 12 + 8
= $20
Answer:
Each product will be allocated with 38.30 dollars of manufacturing overhead as both takes 0.81 DLH
Explanation:
To calcualte the overhead rate we need to distribute the expected cost over the expected cost driver, in this case, labor hours:
(39,000 + 8,000) x 0.81 DLH = 38,070 labor hous
$1,800,000 overhead / 38,070 DLH = 47,281323877
the overhead per hour is $47.28
overhead per product:
47,281323877 x 0.81 = 38,29787234 = <u><em>38.30</em></u>
The question is incomplete, it lacks options.
A) Norris La Guardia Act
B) National Labor Relations Act
C) Occupational Safety and Health Act
D) Fair Labor Standard Act
Answer:
National Labor Relations Act
Explanation:
The National Labor Relations Act was enacted in 1935. It is also known as the Wagner Act. This law enacted to enable employees in various organizations to organize different forms of trade union and collectively bargain with their employers.
The National Labor Relation Acts enables employees to bargain for an increase in salary, better working conditions such a provision of safety equipments for workers in a work environment.