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3 years ago

Your operations and management plan defines the:

Business

2 answers:

nlexa [21]3 years ago

7 0

Answer:

job description of every employee

Explanation:

Snezhnost [94]3 years ago

3 0

Job description of every employee

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How is the price elasticity of demand measured? A. by multiplying the percentage change in the product's price by the percenta

Lapatulllka [165]

Answer:

How is the price elasticity of demand measured?

c. by dividing the percentage change in the quantity demanded of a product by the percentage change in the product's price

Explanation:

Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price when nothing but the price changes. More precisely, it gives the percentage change in quantity demanded in response to a one percent change in price.

8 0

3 years ago

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On May 1, 2020, Mount Company enters into a contract to transfer a product to Eric Company on September 30, 2020. It is agreed t

sweet-ann [11.9K]

Answer:

Dr. Accounts Receivable...........25,000

Cr. Sales................................................25,000

Narration. Being sale of inventory to Eric for $25,000

Dr Cash...............25,000

Cr. Accounts Receivable....25,000

Being receipt of Cash for Sales to Eric for $25000

Explanation:

On May 1, 2020, Mount Company enters into a contract to transfer a product to Eric Company on September 30, 2020.

It is agreed that Eric will pay the full price of $25,000 in advance on June 15, 2020.

Dr. Accounts Receivable...........25,000

Cr. Sales................................................25,000

Narration. Being sale of inventory to Eric for $25,000

When Eric pays on June 15, 2020, and Mount delivers the product on September 30, 2020.

Journal Entry

Dr Cash...............25,000

Cr. Accounts Receivable....25,000

Being receipt of Cash for Sales to Eric for $25000

3 0

3 years ago

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Suppose the market for smoothies is supplied by 11 competitors. Their respective market shares are 40%, 20%, 10%, 5%, 5%, 5%, 4%

S_A_V [24]

Answer:

0.75

Explanation:

Four firm concentration: Share of four firms / Total market share

Four firm share: 40 + 20+10+5

= 75

CR = 75/100

= 0.75 or 75 %

6 0

4 years ago

A company is considering the purchase of a new machine for $55,000. Management predicts that the machine can produce sales of $1

Ymorist [56]

Answer:

5.32 years

Explanation:

Particulars Amount

Sales $16,700

Less: Expenses $7,300

Profit before tax $9,400

Less: income tax $3,760

Net income $5,640

Add: Depreciation $4,700

Annual Cash flow $10,340

So, the payback period for the new machine = Total investment/Annual cash flow = $55,000 / $10,340 = 5.319148936170213 = 5.32 years

6 0

3 years ago

Give an example of any factor that influence the size of the multiplier

AURORKA [14]

Answer:

The size of the multiplier depends upon household's marginal decisions to spend, called the marginal propensity to consume (mpc), or to save, called the marginal propensity to save (mps). It is important to remember that when income is spent, this spending becomes someone else's income, and so o

Explanation:

If mpt = 0.4, mpm =0.3 and mps = 0.1.

Then mpw = 0.8. The marginal propensity to consume is 0.2.

Therefore, the multiplier effect will be 1/0.8 = 1.25.

2 Nov 2019

3 0

3 years ago

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