A limited partnership

The emergence of an information-based economy are important parts of the __________ environment in which businesses operate.

Taya2010 [7]

(.) Technological

<h3>What is the technological environment?</h3>

The company's external environment that is related to technological advancements and changes includes the technological environment. Furthermore, the term "technology" is typically connected to method and apparatus. Their transformation presents the organization with both risks and opportunities.

It has an impact on a number of business factors. That might present a chance or a danger. Companies must adapt to technological variables since they are beyond their control. Companies must therefore be able to change with new technology advancements.

Early adopters of new technologies frequently increase their market share and profit margins. As a result, businesses need to monitor trends and developments. Utilizing opportunities while reducing dangers is the goal. The business can remain competitive in this way.

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7 0

1 year ago

The scarcity problem:- Persists only because countries have failed to achieve continuous full employment.- persists because econ

ladessa [460]

Answer:

Persists because economic wants exceed available productive resources.

Explanation:

According to Lionel Robbins, Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.

The problem of scarcity is that our wants are always beyond what we can produce with our resources.

Economics is the solution to this problem of what resources to use, how best to use them, and when to use them.

Because of this scarcity, all people have to make choices. When making choices, we assess the opportunity cost or the alternative forgone.

The opportunity cost of taking action is what we could have got if we had taken an alternative action.

3 0

3 years ago

A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is ________ and his average

MissTica

A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is $500 and his average revenue is $5 .it cannot change its quantity of output.

Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement.

The amount made per unit of output is referred to as average revenue. In other words, it is the money the seller makes from each commodity unit that is sold. Divide the entire revenue by the total output to get the average revenue for a company.

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8 0

2 years ago

Casey has $1 comma 000 to invest in a certificate of deposit. Her local bank offers her 2.50% on a twelve-month FDIC-insured

frutty [35]

Answer:

the risk premium = return of the deposit - risk free deposit return

risk premium = 5.2% - 2.5% = 2.7% or $27 for a $1,000 CD

Besides the investment risk, Casey must also consider the inflation rate and taxes. The inflation rate lowers the real interest earned by Casey: real interest rate = nominal interest rate - inflation rate. And she must also find out how the return from the non-financial institution is taxed, if it can be taxed as capital gains or regular income.

6 0

3 years ago

a company uses the weighted average method of process costing. it had 40,000 units in beginning inventory, which were 70% comple

eduard

A company uses the weighted average method of process costing. It had 40,000 units in the beginning inventory, which were 70% complete as to materials and 80% complete as to conversion and during month it started 110,000 units. At the end of the month, 32,000 units were in inventory which 65% complete as to materials and 60% complete as to conversion. <u>The total cost accounted for the month is $1,614,360 with cost per equivalent unit of productions for direct material is $5.70 and for conversion is $4.87</u>

Weighted average method is an approach to valuing a company's business inventory stock and determines the average cost of all inventory items.

Please reference to the first picture for more information about this case.

From the information we know that:

Beginning work in process inventory:

Direct materials costs $158,200

Conversion costs $193,600

Total beginning inventory cost $351,800

Costs added during the month:

Direct materials costs $632,960

Conversion costs $629,600

Total costs added during the month $1,262,560

Total production costs $1,614,360

Units Materials% Conversion%

Beginning inventory 40,000 70% 80%

Unit started 110,000

Ending inentory 32,000 65% 60%

To find the costs per equivalent units of production, we need to know the total equivalent units of production first.

The total equivalent units of production could be found by adding the units completed and transferred out with units of ending work in process. The equivalent units completed and transferred out could be calculated by adding the unit started at the month to the beginning inventory and eliminating the ending inventory units. Please make sure that the beginning inventory amount calculated here should be counted as 100% instead of the presented percentage in the case.

Equivalent units of production Direct materials Conversion

Equivalent units completed and transferred out 129,200 130,800

Equivalent units for ending work in process 20,800 19,200

Total equivalent units of production 138,800 169,199

Cost per Equivalent unit of production Direct materials Conversion

Costs of beginning work in process inventory $158,200 $193,600

Costs added during month $632,960 $629,600

Total costs $791,160 $823,200

Equivalent units of production 138,800 169,199

Costs per equivalent units of production $5.70 $4.87

For more complete calculation, please refer to the second image below.

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3 0

1 year ago