Answer:
IV
YES
Explanation:
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business.
They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
economic profit includes the opportunity cost of funds
In some industries, only normal profit is earned in the short run. For example, in a perfect competition and monopolistic competition, only normal profit is earned in the long run due to free entry and exit of firms in the industry. thus if only normal profit would be earned, the company should still go ahead and establish
The principles of management are scientific principles that enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.
<h3>What are the principles of management?</h3>
The principles of management enunciated by Henri Fayol enable managers to become efficient and effective include:
- Division of Work
- Discipline
- Unity of Direction
- Unity of Command
- Remuneration
- Scalar Chain
- Order
- Equity
- Initiative
- Esprit de Corps
- The Degree of Centralization
- Authority and Responsibility
- Subordination of Individual Interest
- Stability of Tenure of Personnel.
These principles of management provide guidance to managers in their decision-making and management activities.
Thus, the principles of management enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.
Learn more about principles of management at brainly.com/question/14456974
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Answer:
97%
Explanation:
Total number of packages delivered = 3,100,000packages
Imperfect orders are as follows;
Deliveries damaged = 45,000
Packages sent to wrong address = 28000
Late deliveries =20,000
Total packages not perfectly delivered = 45000+28000+20000
= 93,000packages
Percent of orders that are not perfectly delivered = Total packages not perfectly delivered/Total packages × 100%
Percent of orders that are not perfectly delivered = 93000/3,100,000 × 100
= 0.03× 100
= 3%
Percent perfect order = 100% - Percent of orders that are not perfectly delivered
Percent perfect order = 100%-3%
Percent perfect order = 97%
Answer:
$76,440
Explanation:
Calculation to determine the proper amount of net income as of December 31, 2018
Net income $87,000
Less Adjusted for insurance ($4,050)
($16,200*3/12)
Less Adjusted for deferred income ($2,700)
Less Adjusted for supplies ($2,100)
Less Adjusted for interest ($1,710)
($57,000*9%*4/12)
Net income (Adjusted) $76,440
Therefore The the proper amount of net income as of December 31, 2018 will be $76,440
